Supply Chain Management Essays (Examples)

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Supply Chain Management
PAGES 6 WORDS 2095

Supply Chain Management
Founded in 1903, Ford Motor Company now manufactures or distributes automobiles across six continents. Ford employs about 164,000 people in about 70 plants worldwide. The company's automotive brands include Ford and Lincoln. According to Ford's corporate website, in 2010 Ford earned $6.6 billion, their highest net income in more than 10 years.

In 2010 Ford launched 24 new or redesigned vehicles in key markets around the world. Ford expects 70% of its growth in the next 10 years to come from its Asia Pacific and Africa region. By 2014 at least 80% of the vehicles sold under the Ford brand globally will be built off 13 core platforms. By bringing suppliers into the development process earlier, Ford hopes to generate a healthier and more efficient supply chain.

The recession had at least one positive effect for Ford: it forced them to closely examine their supply chains, analyze their assumptions, and….

Supply Chain Management
PAGES 2 WORDS 642

Supply Chain
There are a lot of benefits of supply chain management, to the point where it is absurd to ask what they are. What benefits are there of not engaging in supply chain management? None. So the reverse is also true. Supply chain management, among other things, ensures that you get the products/materials you need on time, on cost and to spec. While this obviously enhances the firm's value, it also enhances customer value. Customers get products at a lower cost, with fewer delays, and also to spec. The benefits of supply chain management are often passed onto the customers to help the firm gain competitive advantage.

Supply chain integration reflects the process by which the supply chain system is integrated with the demand system. An example would be a retail store that sees demand for snow shovels in advance of a blizzard, and the integrated system ensure that manufacturers can….


G. eza Nasiri, Hamid Davoudpour, & Behrooz Karimi. (2010). The impact of integrated analysis on supply chain management: a coordinated approach for inventory control policy. Supply Chain Management, 15(4), 277-289.

Link: http://www.emeraldinsight.com/journals.htm?articleid=1865246&show=pdf

The concept of the demand-driven supply network (DDSN) and its implications on inventory control and management are discussed in this analysis, along with examples being shown of how these objectives can be achieved despite uncertainty in key markets. This analysis also includes insights into how integrated supply chain programs and initiatives can be used for creating an entire DDSN framework which can cut inventory cycle times significantly from existing orders and create more effective frameworks for managing new ones.

obert A Novack, & Douglas J. Thomas. (2004). The Challenges of Implementing the Perfect Order Concept. Transportation Journal, 43(1), 5-16.

Link: http://www.entrepreneur.com/tradejournals/article/114593329.html

The concept of the perfect order is predicated on having the right product in stock at the right time to fulfill the….

Supply Chain Management
PAGES 2 WORDS 670

Managing Supply Chain
Managing the supply chain

The organization that I work for deals in interior finish of houses with the range of services being the floor finishes, plumbing works and sanitary ware, home furniture and office furniture as well as curtains. The outsourcing levels within this organization run to close to 70-75% of the goods and services. In as much as there are some materials that are manufactured by the company, most of them are outsourced. Once the tenders are secured for making a final fine finish to a given block of offices, the company often outsources the skills and manpower from the companies that deal in these interior finish and decorations. The company also outsources for the skilled manpower that helps in the assembly of furniture that is delivered to the homes or offices where they secure orders. Even though the company has a few transportation vehicles that helps in….

Supply Chain Management
Hypothesis defined

Concepts of SCM and the evolution to its present day form

Critical factors that affect SCM

Trust

Information sharing and Knowledge management

Culture and elief -- impact on SCM

Global environment and Supply Chain management

"Social" and "soft" parameter required for SCM

Uncertainties

This chapter aims to give an outline and scope of the study that will be undertaken in this work. The study lays out the issues faced by manufacturing organizations when it comes to the management of supplies, inventory, operations and distribution. Any study that can help organizations understand the factors that impact the management of these resources in an organization is beneficial. This chapter also contains the purpose and the hypothesis of this study.

Purpose of this study organization, big or small, is driven by the need to generate profits for its stakeholders. As a result, these organizations are constantly looking for new ways to increase their profitability. While management concepts have been….

Supply Chain Management
Purchasing and Supply Management: A Key to Competitive Advantage

Purchasing and supply management is an essential function of any business. egardless of the size of the business, or the product are service that they offer, every business depends on some type of supply in order to produce goods or services. If supplies do not arrive on time, the business could be it a standstill. This not only means lost money and lost time, but it also means angry customers and potentially lost business. This research will support the thesis that purchasing and supply management play a significant role in customer relations and maintaining competitive advantage.

Definition of Purchasing and Supply Management

Purchasing and supply management means placing attention on the procedures and policies of the organization in the acquisition of goods with which to produce their products. According to Johnson, Leenders, & Flynn (2010), many academics are only concerned with the….

Supply chain management careful attention paid process sees materials, information, finances move supplier manufacturer wholesaler retailer consumer. Supply chain management focuses efficiently effectively coordinating flows supply chain process companies.
Supply chain management

True or false: Coca-Cola's experience with inventory forecasting supports the principles set forth by CPF

The modern day economic agents function in a more and more dynamic business environment, in which they have to simultaneously serve the growing needs of numerous categories of stakeholders, such as customers, employees, business partners, the general public and so on. In such a setting, the firms devise and implement a wide array of methods and strategies by which to serve these needs and to also maximize their chances of attaining their pre-established business goals.

Given this complex setting, companies across the globe turn to supply chain management as a mechanism of integrating all actors which ensure the efficient creation of the products and their reaching the….

"Wal-Mart has the biggest IT systems of any private company in the world and supply chain Wal-Mart has made important investments in supply chain management" (Why Wal-Mart's supply chain is so successful, n.d.).
Wal-Mart's way of doing business is founded on a low price approach and low transportation expenses which permit it sell its products at the lowest achievable prices. "In return for its Everyday Low Price Strategy, Wal-Mart's suppliers, both large and small, either break even or make profit supplying at Wal-Mart's stores. But the real winners are Wal-Mart's customers who save thousands of dollars buying at low prices. Since Wal-Mart stores began selling groceries almost three dozen regional grocery suppliers have struggled to match or simply run out of business. On average Wal-Mart's annual sales are $350 billion and it has more than 7,000 stores, 120 distribution centers and operations spanning fifteen countries. Nearly two million employees at….

This shift in responsibility that a payoff can force over time needs to be dealt with from a business process management and change management standpoint over the long-term (Jacobs, Chase, 2010). By concentrating on the unique requirements and needs of the internal stakeholders, payoff analysis can be profitable and productive over the long-term.
eferences:

Juan Alberto Aragon-Correa, & Enrique a ubio-Lopez. (2007). Proactive Corporate Environmental Strategies: Myths and Misunderstandings. Long-ange Planning, 40(3), 357.

Jacobs, obert, & Chase, ichard. (2010). Operations and Supply Chain Management. Upper Saddle iver, NJ: McGraw Hill Higher Education. 13th Edition.

MacMinn, ichard D., & Han, Li-Ming. (1990). Limited Liability, Corporate Value, and the Demand for Liability Insurance. Journal of isk and Insurance, 57(4), 581.

6. What strategies are used by supermarkets, airlines, hospitals, banks, and cereal manufacturers to influence demand?

There is an abundance of strategies used by retailers and members of distribution channels, healthcare providers, service providers and consumer packaged….

Second, greater education about the values and benefit of this approach to managing projects needs to be completed (Brady, Maylor, 2010). Third, the inertia and lack of motivation to change needs to be quantified and shown to managers to see how their lack of commitment and urgency are hurting their businesses. All of these factors center on the value of time and its precious nature as a resource (Brady, Maylor, 2010).
eferences

Brady, T., & Maylor, H.. (2010). The improvement paradox in project contexts: A clue to the way forward? International Journal of Project Management, 28(8), 787.

Casamatta, C., & Guembel, a.. (2010). Managerial Legacies, Entrenchment, and Strategic Inertia. The Journal of Finance, 65(6), 2403.

Jacobs, obert, & Chase, ichard. (2010). Operations and Supply Chain Management. Upper Saddle iver, NJ: McGraw Hill Higher Education. 13th Edition.

What is the difference between statistical process control (SPC) and statistical quality control (SQC)?

The goal of statistical process….


In addition to this, the company is pressured into reducing the time in which the product will be recalled, the situation will be analyzed, and the items in case will be replaced with proper ones.

The pressure exerted by the public is also very important for the company in handling the product recall. The company must ensure that the public does not turn against the company. In order to achieve this, it is important to communicate with the customers the details of the product recall process.

7. In terms of accountability, contracts represent only a small part of the process. But negotiating a good contract does not suffice (Ernst & Young, 2009). In addition to this, specialists in the field state that metrics must be measured, and customers should also be held accountable in certain situations.

eference list:

1. Factbox -- Johnson & Johnson's recent product recalls (2010). euters. etrieved August 15, 2010 from….

Standardization of the longest lead-time parts and those with the highest variable costs are essential for manufacturers to stay profitable. Standardization also needs to be dictated by the implications for suppliers of key parts and subassemblies. Standardizing on long lead-time items that also have little demand variability would be the best decision.
Based on your knowledge and/or experience of Total Cost of Ownership (TOC), discuss what you think are the two most critical components of TOC.

Total Cost of Ownership's most critical areas are the recurring costs over the lifetime of an asset and the services strategies to minimize these costs. The second most critical component is the planning prior to development or manufacture to ensure that maintenance for the asset or system is as high in terms of reliability as possible (Heilala, Montonen, Helin, 2007). It is also critical on this second point to engineer in a low time to….

This dynamic is more than an experience effect or network effect, as it is multiplicative across the many members of the supplier network, in effect creating an entirely new platform for sharing knowledge and information. The reliance on analytics for creating the necessary integration links and platforms for decision making also dominate this phase of maturity in any supply chain network (Wang, Huang, Dismukes, 2004).
With the findings that what gets measured dictates the culture of an organization as much as how information is shared across the network, the development of an effective DDSN framework can begin. The initial steps of creating a common set of key performance indicators (KPIs) and metrics first needs to be completed, and the integration points across each area also defined. Third, there is the need for defining the idealized state of metrics performance followed by a best practices benchmark for comparable supply chain networks.….


Though it is not entirely necessary for the approach taken to be a novel one, the research here will consider that there are yet undetermined impacts on the merchant of such a system. Thus, a second part of this methodology will be focused upon once the literature review has provided us with sufficient data to surmise a framework for the automated system. As this automation would impact the ordering systems used by merchants outside of Imperial Tobacco, it will be important to gather feedback from such vendors. They will be asked through survey to cite pros and cons to the prospect of automated online ordering, which would likely be effective once a merchant signed to the program reached a certain inventory minimum.

As to current and unresolved issues on the subject, the input of merchants should supplement the literature review in order to demonstrate a clear course of action that will….

This lack of tust within the supply chain has a ippling effect acoss the flow of goods and sevices, and should theefoe be addessed with a high degee of pioity. Tust must be built though a pocess of egula communication acoss the supply chain, which includes all paties involved in the flow of goods.
Communication can be established by a vaiety of means. In addition to electonic communication, face-to-face communication via meetings is also a good idea. Tust is easie to establish by means of pesonal meetings, whee ideas and infomation can be shaed among the vaious stakeholdes. Tust can also be established and maintained by means of a contact stipulating that infomation is not to be shaed with paties outside the supply chain o those who do not have a diect inteest in the supply chain itself.

A long-standing elationship with supplies will also ceate a basis of tust if….

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6 Pages
Term Paper

Business

Supply Chain Management

Words: 2095
Length: 6 Pages
Type: Term Paper

Supply Chain Management Founded in 1903, Ford Motor Company now manufactures or distributes automobiles across six continents. Ford employs about 164,000 people in about 70 plants worldwide. The company's automotive…

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2 Pages
Book Report

Business

Supply Chain Management

Words: 642
Length: 2 Pages
Type: Book Report

Supply Chain There are a lot of benefits of supply chain management, to the point where it is absurd to ask what they are. What benefits are there of not…

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4 Pages
Discussion Chapter

Business

Supply Chain Management in the

Words: 1554
Length: 4 Pages
Type: Discussion Chapter

G. eza Nasiri, Hamid Davoudpour, & Behrooz Karimi. (2010). The impact of integrated analysis on supply chain management: a coordinated approach for inventory control policy. Supply Chain Management, 15(4),…

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2 Pages
Essay

Business

Supply Chain Management

Words: 670
Length: 2 Pages
Type: Essay

Managing Supply Chain Managing the supply chain The organization that I work for deals in interior finish of houses with the range of services being the floor finishes, plumbing works and…

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80 Pages
Thesis

Business - Management

Supply Chain Management Hypothesis Defined Concepts of

Words: 24788
Length: 80 Pages
Type: Thesis

Supply Chain Management Hypothesis defined Concepts of SCM and the evolution to its present day form Critical factors that affect SCM Trust Information sharing and Knowledge management Culture and elief -- impact on SCM Global environment…

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8 Pages
Research Paper

Business - Management

Supply Chain Management Purchasing and Supply Management

Words: 2649
Length: 8 Pages
Type: Research Paper

Supply Chain Management Purchasing and Supply Management: A Key to Competitive Advantage Purchasing and supply management is an essential function of any business. egardless of the size of the business, or…

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4 Pages
Essay

Business

Supply Chain Management Careful Attention Paid Process

Words: 1162
Length: 4 Pages
Type: Essay

Supply chain management careful attention paid process sees materials, information, finances move supplier manufacturer wholesaler retailer consumer. Supply chain management focuses efficiently effectively coordinating flows supply chain process companies. Supply…

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2 Pages
Essay

Business

Management Supply Chain Management Supply

Words: 694
Length: 2 Pages
Type: Essay

"Wal-Mart has the biggest IT systems of any private company in the world and supply chain Wal-Mart has made important investments in supply chain management" (Why Wal-Mart's supply…

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9 Pages
Case Study

Business

Supply Chain Management as a

Words: 2902
Length: 9 Pages
Type: Case Study

This shift in responsibility that a payoff can force over time needs to be dealt with from a business process management and change management standpoint over the long-term…

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13 Pages
Research Paper

Business

Supply Chain Management What Does

Words: 3892
Length: 13 Pages
Type: Research Paper

Second, greater education about the values and benefit of this approach to managing projects needs to be completed (Brady, Maylor, 2010). Third, the inertia and lack of motivation…

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5 Pages
Research Paper

Business

Supply Chain Management Strategies Supply

Words: 1956
Length: 5 Pages
Type: Research Paper

In addition to this, the company is pressured into reducing the time in which the product will be recalled, the situation will be analyzed, and the items in case…

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2 Pages
Thesis

Business

Supply Chain Management Using the

Words: 669
Length: 2 Pages
Type: Thesis

Standardization of the longest lead-time parts and those with the highest variable costs are essential for manufacturers to stay profitable. Standardization also needs to be dictated by the…

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4 Pages
Discussion Chapter

Business - Management

Supply Chain Management How Analytics

Words: 1220
Length: 4 Pages
Type: Discussion Chapter

This dynamic is more than an experience effect or network effect, as it is multiplicative across the many members of the supplier network, in effect creating an entirely…

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2 Pages
Thesis

Business

Supply Chain Management Proposal Automation

Words: 617
Length: 2 Pages
Type: Thesis

Though it is not entirely necessary for the approach taken to be a novel one, the research here will consider that there are yet undetermined impacts on the merchant…

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10 Pages
Essay

Business

Supply Chain Management the Concept

Words: 2973
Length: 10 Pages
Type: Essay

This lack of tust within the supply chain has a ippling effect acoss the flow of goods and sevices, and should theefoe be addessed with a high degee…

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