Supply Chain Management Firstly, the paper presents the concept and main purpose of the supply chain. Supply chain management is the organization, planning, control, and regulation of the flow of goods, starting with the receipt of orders and purchasing raw materials to ensure the production of goods, including the optimal...
Introduction Procurement refers to the procedure involved in acquiring products and services an organization requires to accomplish its business model. Procurement is associated with different tasks, including funding purchases, inventory control, bargaining prices, coming up with quality standards, among others. Procurement stops once an organization has ownership of the goods...
While too much inventory increases costs, its shortage can also lead to the significant loss of sales opportunities. Nestle is a food and beverage company that sells beverages, cereals, baked goods, chocolate, and confectionery. This paper analyzes the company’s demand patterns and their impact on its optimal inventory levels. It...
Introduction Shipping firms have the unique challenge of delivering high productivity and efficiency. This industry is characterised by fluctuations in demand and supply of commodities. Firms must allocate the right number of vehicles to the available containers or vessels. They need to reduce operational costs and optimise resources. Shipping companies...
The transport and logistics sector plays a vital role in economic growth. Transportation and logistics have a crucial significance in various industries, ranging from food enterprises and other manufacturers to humanitarian organizations. However, transportation and logistics face management challenges related to infrastructure, costs, government policies and regulations, and the availability...
Introduction Food leftovers form a significant part of landfill waste. They mostly come from grocery stores that have pounds of unsold stock of perishable food that are either sold at low prices or expire and are thrown away as garbage (Pearson and Perera, 2018). In North America and the United...
A Review of Reverse Logistics An Upstream Construction Supply Chain Perspective The article indicates that the field of construction is associated with large quantities of non-toxic waste dissemination into the environment. However, proper waste management can be accomplished through closed-loop supply chain implementation in the running of production processes. It...
Introduction The freight industry is a major part of the global economy. It is a crucial part of both internal and international trade. The amount of cargo that needs to be transported grows with the increasing connectivity and inter-reliability of the world. The numerous land, air, and sea vehicles involved...
Introduction Logistics management refers to a business function that deals with the movement of tangible and intangible business resources from one place to another. One of the major elements characterizing the practice of logistics management stems from the necessity to develop, implement, and maintain accurate and up to date logistical...
Abstract A supply chain (SC) is an essential element of any company’s operations, which suggests that an SC must be sustained and upgraded regularly. Moreover, it is crucial to create a responsive and flexible SC that allows implementing change and introducing improvements across an organization without disrupting the key SCM...
Introduction Contracts have continued to define every part of our lives. Whether formal or informal, it is now imperative that nearly all the relations that humans have are contractual in nature, with the main aim being successful. Within the realm of procurement, well-defied contracts and obligations are essential requirements. The...
Introduction Supply chains become ever more relevant to the advancement of the global trade era. There are lots of theoretical knowledge devoted to building a sustainable supply chain in different spheres and market circumstances. However, the question of the applicability of these theories remains open. The case of the General...
Executive Summary Supplier evaluation is an important process in business management because it helps organisations to identify suppliers that will address their unique needs and share similar values with the organisation. Stemming from this goal, the importance of supplier evaluation to business process management is premised on the desire for...
Introduction Heavy duty industries as well as the small businesses rely on supply of raw materials, machinery, spare parts and maintenance to successfully achieve their objectives. Plant machineries require regular maintenance for maximum outputs; any delay results in heavy losses and can halt operations as well as the marketing flow...
Introduction Supply chain management consists of all the activities involved in planning and management in regard to procurement and sourcing, and the general management of logistics activities. Of most significance, it encompasses collaboration and coordination with partners of the channel that may include those who supply, the intermediaries, the providers...
Business logistics depends upon effective controls and measurements. For control purposes, too, there is an overwhelming difference in usefulness between the two types of data. Single-entry data show only the results of what happened with no explanations,; there is very little chance that one can learn from the past data...
Introduction Grandiose motors’ is a car dealership network company that deals in a wide range of vehicles. The objective of its formation was to help various car companies to market their products by making them available to appropriate clients. The company has gone through a number of challenges that made...
Introduction This paper will discuss the issues that face organizations or firms that have extended their operations beyond national level. These are the firms that have global operations. Example of these firms are multinational enterprises. Global business operations have been seen to be successful nowadays due to the lifting of...
Introduction Looking into the issue of managing supply chains we must first make a distinction between a supply chain and supply chain management. We begin with the definition of the two terms. A supply chain is a set of companies, which can be three or more, and they are linked...
Introduction The contemporary business environment has become so competitive that business enterprises have been forced to device new strategies in a bid to ensure their success in the market. One of the commonly adopted strategies is control of processes of distribution of commodities and procurements. In this view, supply chain...
Introduction RFID refers to a kind of ID technology that helps machines to recognize items by using automatic data capture. These kinds of technology utilize radio waves to recognize, check, as well as administer items as they move between physical locations. There are various methods for identifying items with RFID;...
Introduction An efficient supply chain management does not merely confine to technology, but it relies on the course of action. Frequently, supply chain development schemes are approached as “technology” schemes rather than company projects. Complications in the supply chain vary depending on the size of the company and also in...
Introduction In our technology oriented dynamic world, every day we come across new opportunities and new challenges, as a result of which people and governments across the globe are being pressurized to work harder and faster, using smarter means of communication and technology. Rahim and As-Saber (2009) indicated, Procurement is...
Introduction A unique contribution of procurement management in the automotive industry is its perspective. The case of supply chain and logistics allows saying that the organizations within this industry adopt a systems orientation to plant location, transportation, warehousing, inventory, and movement and handling processes. These logistics and procurement management processes...
Introduction Supply chain management defines the management of a network of businesses which are involved in the provision of products and services to end users (Mentzer et al. 2001, p.22). The aspects that are integrated in the system include storage and movement of finished goods from where they are produced...
Tate and Lyle are one of Britain’s oldest brands and best known for their sugar products such as Golden Syrup and Black Treacle. Their largest refinery is in Silvertown, just beyond City Airport. The refinery processes 3,500 tons of raw sugar cane every day, which is transported by ships that...
Introduction Globalization and internationalization of business demand new ways and methods of operations management and logistics. There is strong competition among export-oriented industries which try to achieve sustainable competitive advantage. The strict consumer demands and alliances between industries do not provide a favorable environment for new entrants. The role of...
Abstract E- retailing is a move that is gaining a lot of momentum amongst retailers. This has made internet marketing a very competitive arena especially when companies such as Amazon.com continue to enjoy profits in less than ten years. To be in a competitive position a better understanding of the...
Severe weather is known to be one major cause of disruption in the logistical arrangement for businesses worldwide. Severe weather can occur in the way of hurricanes, floods, droughts, and blizzards. These natural occurrences hit the headlines for the deaths and devastations caused. It is however clear that the weather...
Executive Summary Logistics management is increasingly gaining popularity due to the fast pace that revolves around production and distribution of goods and services. Goods need to be transported from one point to the other in a timely and cost effective manner, and it is only high calibre logistics management that...
Introduction Companies are usually established with the main goal of fulfilling specific objectives. In order the objectives to be fulfilled the company is supposed to carry out its business undertakings in a way that will enable them meet their targets over a certain period of time. Apart from the production...
Executive Summary The present work is dedicated to the issues of logistics management in the modern international trade environment. Since the offered scenario presupposes cooperation of companies in two so much different countries, Japan and Australia, the work includes not only functional elements such as the considerations in the process...
Executive Summary The present work analyzes logistics management as an indispensible element of any economy and any enterprise applied to maximize profits, to optimize the resource expenditures and to minimize production, distribution and other operation costs. In fact, logistics, supply chain management and logistics management are terms that are closely...
Introduction The fashion retail industry has undergone rampant growth over the past decades (Richard, 2006, p.36). This has resulted into an increase in its popularity across the world. Fashion retail sector entails the production of clothes and other accessories. Currently, the business environment is characterised by a high level of...
Introduction A unique contribution of procurement management in the automotive industry is its perspective. The case of supply chain and logistics allows us to say that the organizations within this industry adopt a systems orientation to plant location, transportation, warehousing, inventory, and movement and handling processes. These logistics and procurement...
Supply chain management is a very fundamental aspect behind the success of Veeco Services Inc. There is a literature review that introduces the concept of supply chain and the underlying key concepts. This paper brings out the current situation of supply chain management in the company. There is an analysis...
Introduction This particular context is about how international logistics can be used as a reference and even as an example of the development of the local markets and the best alternatives which can be used to improve their businesses. Through logistics, you can be able to differentiate your business by...
Introduction As organizations struggle to become more flexible and focus their attention on core proficiencies, they end up trimming down their channels of distribution and lowering their tenure of the sources of raw materials. These roles are getting delegated gradually to other entities which can carry out the functions more...
Introduction The world of business lives and develops according to its rules and regulations. As well, to succeed in this world a company needs to adapt and constantly update the basic business practices that determine its relations with the suppliers, partners, competitors, and customers in the market. In this respect,...
Introduction An architectural diagram of Supply Chain to illustrate the depth and breadth of technology used in managing Supply Chain Management Process: “Supply chain management (SCM) is the combination of art and science that go into improving the way your company finds the raw components it needs to make a...
Introduction The business environment is very dynamic i.e. keeps on changing every other day. Consequently, the business practitioners have to keep on altering their time so as to move at a faster pace than the business environmental changes or rather risk their old strategies becoming virtually outdated. The business world...
Factors for Consideration for Using Air Freight in an International ‘Overseas’ Operation Global logistics are dominated by seaborne trade because of the economies of scale involved. However, for certain products, items and other operational factors, Airfreight can become the medium of choice for transportation. The type of product, its sensitivity...
Introduction Supply chain management incorporates logistics interactions taking place within marketing functions including those within production channels. Meaning that Supply chain management incorporates all activities associated with the flow and production process of goods alongside information flow from manufacturer to ultimate end-user. The process incorporates functional activities such as transportation,...
Introduction Supply chain management incorporates logistics interactions taking place within marketing functions including those within production channels. Meaning that Supply chain management incorporates all activities associated with the flow and production process of goods alongside information flow from manufacturer to ultimate end-user. The process incorporates functional activities such as transportation,...
Introduction Many organizations have been challenged by various government regulations to produce goods that are worth to customers (Palpacuer, 2008). Governments have come with approaches to ensure uniformity in the production and distribution of manufactured goods to customers. Arguably, each firm should strategize to win consumers in the market. Many...
Abstract The functionality of the enterprise resource planning (ERP) software system largely determines the performance of the organization. The following report evaluates the advantages and disadvantages of six leading software systems in the market in order to determine the most suitable option for our electronics manufacturing company. Based on the...
Challenges and the Drivers for Change at Whirlpool Corporation Challenges Whirlpool Corporation is a business that focuses on promoting brand names such as Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, and Bauknecht, to name a few, to the vast and geographically disjointed global market. This marketing process presents the challenge...
The role of inventory as it pertains to logistics Generally, an inventory in a logistics process entails materials, waste materials, unfinished goods, finished goods, parts, and assembled goods, which belong to the company. The major role of the inventory is to control the flow of materials within the supply chain...
Introduction The given paper presents a summary of the fourteenth chapter of the book by Oakden and Leonaite (2011) devoted to the knowledge of logistics. The chapter contains the information on such topics as the role of technology in logistics, meaning of the terms “data” and “information” in the field,...
Executive Summary The purpose of this report is to detail the meaning of welfare management and the implications to the company using case examples. The methods used in the report entailed data analysis and the revisiting of case examples on the applicability to warehouse management. It is evident that use...
Introduction The correct use of modern resources largely determines the success of companies that cooperate with partners and regularly supply and receive goods through transport. This type of mutually beneficial trade is typical for modern business and represents a well-established system with different approaches and management techniques. One of the...
Introduction In the world of modern business, managers and their leaders try to use a variety of tactics and strategies in order to achieve a certain increase in their profits, gather a solid client base, and demonstrate high-level professionalism in their work. Six Sigma is one of the approaches that...
Introduction Technology plays a central role in the supply chain, for it ensures efficient and effective transmission of information, distribution of products, inventory management, and communication between customers, suppliers, and manufacturers. Moreover, technology optimizes productivity, reduces operational costs, and simplifies the complexity of the supply chain. Supply chains in the...
Data Analysis Introduction The previous chapter provided a detailed explanation of the method that would be used to collect and analyze primary data. In this chapter, the researcher focused on the actual analysis of data collected from different participants. Enterprise resource planning is gaining popularity in both developed and developing...
In the current global environment, there is a growing concern over shocks being experienced in established supply chains in every industry. As results, many business organizations are rethinking their existing supply chains collaboration in an effort to combat such shocks (Journal of supply management). The effect on business organizations has...
Introduction In the contemporary competitive business world, it is prudent for business establishments to utilize modern technologies to produce, handle, and distribute products (Jacoby, 2009). Global supply chains refer to the networks made across the world by different organizations to produce and market their products (Carter and Rogers, 2008; Jacoby,...
Introduction In business, the phrase “supply chain strategy” has little implication unless people understand the meaning of a supply chain. A supply chain is a lattice of business stakeholders who include sellers, distributer, hauliers, luggage compartment facilities, and purveyors that take part in the manufacturing, distribution, and vending goods from...
Executive Summary Trade often promotes economic efficiency according to conventional economic theory. International trade can, at times, disrupt the economic and social stability of a nation because it influences the distribution of wealth within a national economy, especially due to variation in wages and prices (Kam, & Tsahuridu 2010, p....
Executive Summary This paper is a case study analysis of Dong-In Company, which manufactures outdoor gears and equipment. Some of the company’s main customers are multinational brands, such as Black Diamond, Gregory, CamelBak, and Georgia. Its vast customer pool stems from the multinational nature of the company’s enterprise model. Although...
Research background and gap Logistic and supply chain management is critical in monitoring the efficiency in line with the objective, goals, and mission of an organization. Efficiency improvement facilitates the sustainable and optimal functioning of different aspects of the supply chain. In most cases, many organizations such as the Abu...
Supply chain management (SCM) can be defined as the systematic, tactical coordination of the traditional business purposes and the way around this business functions within a particular company and across business within a supply chain for the purpose of advancing the long-term performance of the individual company and the supply...
Introduction Data science is the concept of using algorithms and systemic processes to collect, analyze, and organize data in order to derive patterns and trends. This can then be applied within the contextual understanding and industry parameters to determine optimal mechanisms and solutions to business challenges. Supply chain management and...
Executive Summary A large number of pharmaceutical companies face problems when it comes to managing their supply chain. One of the main issues that affect the supply chain of these companies is product shortages. Pharmaceutical companies such as GlaxoSmithKline (GSK) are involved in managing sophisticated supply chains that pose a...
Hypothesis Supply chain and operations management system, is an essential element for DEWA to ensure the purchasing of efficient equipment and contracting effective maintenance contractors with overall efficient cost management and enhancements of the assets life cycles. Literature Review Supply chain management involves the flow and storage of raw materials...
Introduction World-famous trade corporations that receive huge profits every day sometimes moved to their success gradually. Some of the organizations, being today large sellers with millions of buyers, were once small companies that started their sales in small quantities. One of the examples of such growth is the Wal-Mart corporation,...
Introduction Inventory management refers to the methods and principles employed by the managers to maintain the optimum level of stock for the firm. In the contemporary business environment, which is characterized by stiff competition, firms are utilizing every opportunity to lower the operations costs. One way to achieve cost savings...
Abstract Transportation economics is as important to business as it is produced. Production by itself cannot bring about profit without goods reaching the intended customers. Transportation economics serves as a vital linkage between products and clients. Large-sized business organizations that have taken a major step in upholding globalization play a...
Video 1: Supply Chain-3 key things to know This is an educational video hosted by Rob O’Bryne, the Group Managing Director of Logistics Bureau. He opens by listing the three items a chief executive officer needs to know about the supply chain as: the efficiency of the supply chain, the...
Introduction Logistics tends to occupy the demand side of any business (i.e. after the goods or services have been produced). With the prominence placed upon speed of response and advantages that accrue in keeping pace with demand could be dissipated by delays in the logistics systems for finished goods. Many...
The advent of globalization has provoked a major transformation not only in the production methods but also in the supply chain strategies employed by global companies. Majority of global firms have relocated their operations and outsourced raw materials from low-labour cost regions in an attempt to reduce production costs and...
Introduction Industry strategies are in most cases involved with the interior competencies of the organization to accomplish a defined high level goal or even a high level objective. It also comprises of the analytic and the decision making processes that surrounding what is to be offered (e.g., products and/or services),...
Introduction A supply chain refers to a system by which an organization moves its products and services through the suppliers to the end consumers. The chain refers to the people, technology, as well as activities and resources involved in the movement (Koster 2007). The activities involved in a supply chain...
Abstract One of the top priorities that every brand in the contemporary world ought to have is achieving better inventory management as the business grows. It overlooks the efficiency of the supply chain of goods from the point they are released by the manufacturer to the warehouse, and finally to...
Supply chain management plays a critical role in the success of many organizations. In production and manufacturing companies, this aspect is particularly important because it can influence lead times and the company’s responsiveness to customers’ needs. Luckily, a supply chain can be tailored to the needs of the business, thus...
Background Operations management is one of the most important aspects of an organisation because it determines the capabilities of an organisation. Most companies have an operations management function that aligns the processes in the workflow to fit the requirements of the management and the stakeholders. Operations management is also one...
Influence of supply chain risks and interdependencies on the supply chain strategy implementation Sustainability of supply chains is a primary concern of all the companies. It is important to consider many factors such as environmental impacts in supply chains, operational aspects, business models and strategies appropriate for every company, and...
Collaboration as the Tool Assisting in Dealing with Challenges Resulting from Shrinking Product Life Cycles The increasingly fast pace, at which the process of the product lifecycle (PLC) shrinking occurs, can be viewed as the defining characteristic feature of the 21st-century economy. Typically defined as the set of stages that...
Introduction Provision of goods and services for use by the final consumer involves a series of activities in commercial set ups. The process of production up to the final delivery of such products starts with the extraction of raw materials which is then followed by transportation and storage for appropriate...
Literature Review Introduction In the current competitive business environment, efficiency is one of the most important operational concepts that define the ability of a firm to achieve success. Das and Dayal (2016) explain that it is critical to make sure that activities within an organisation are conducted with precision and...
Executive Summary Walmart Inc. made a successful entry into the Chinese market as one of the ways of expanding its market share. Although this firm has registered financial success in the market, its supply chain management has weaknesses that may affect the sustainability of its operations in China. In this...
Introduction Supply chain management is an essential tool for the success of any business organization. Proper supply chain management ensures a competitive advantage as customers and distributors have great confidence in producers with effective supply management tools. Supply chain management is defined as the “design, planning, execution, control, and monitoring...
Introduction The purpose of this report is to outline the impact information technology has had on the logistics industry as well as survey the anticipated headways in the field. The use of information technology, which is the use of telecommunication and computers for various functions that include retrieving, sending, and...
Introduction The Coca Cola Company is one of the most successful multinational corporations in the globe (Kontes, 2015). It manufactures and markets a wide range of non-alcoholic beverages in every corner of the globe. The company’s business model is characterized by many bottling partners across the globe. Such bottlers operate...
Introduction Like many industries in the 21st-century business world, the retail industry is heavily dependent on technology. The main purpose of technology simply put is to make work easier. Retail chains experience a myriad of problems that make it necessary for them to adopt the said technologies to remain competitive...
Abstract The hotel industry is one of the most demanding sectors when it comes to supply chain systems. This situation is a result of the nature of the business, which demands the need for fresh and quality produce, in order to attract and retain customers. For this reason, this paper...
Introduction The competitiveness of the modern business environment is prompting industry players to seek for new ways to harness their operations. The supply chain embodies most of the activities that are poised to bridge the essence of the gap between the producer and the customer. Consequently, the supply chain covers...
Abstract Inventory management can be considered as the backbone of supply chain management because the way inventory is managed the flow of goods along the supply chain. In addition, successful inventory management ensures that the company keeps just enough stock or raw materials to maintain profitable production and supply of...
Introduction Supply chain management involves managing a “network of interconnected businesses concerned with the ultimate provision of product and service packages required by end consumers” (Jespersen and Skjott, 2005, p. 17). Supply chain management activities include order processing, transportation and storage of goods which may include work-in-progress and raw materials....
Abstract Effective supply chain management of an organisation ensures that the systems for supply chain management reduce various costs that are associated with supplies. Thus, products and services are availed just whenever they are required in a manner that ensures sustainability of the increasing number of products that need to...
Walmart Background Wal-Mart is an American multinational retail corporation that uses a technology-driven supply chain management (SCM) system to link suppliers, manufacturers, and distributors with customers. Incorporating information technology into its SCM practices has contributed significantly to Wal-Mart’s push and pull strategies of development and growth besides enabling it to...
Abstract This paper delves into the concept of supply chain management and the use of software in the sector. The effective management of the supply chain, from the production of raw materials to the consumption of finished goods by the end-user, gives the company a competitive advantage. Understanding the supply...
Business Purpose Supply Chain Management and Competitive Strategy Emirates Post’s Background Emirates Post is an official postal operation in the United Arab Emirates that aims at managing several long-term and medium-term planning operations and postal and non-postal services and providing the citizen of the UAE with the required portion of...
Explain fully the impact on the Supply Chain of transferring all the manufacturing to factories in India, Bangladesh and Philippines. From a Supply Chain perspective what risks do you think are involved and how would you recommend these are overcome? Impact of transferring manufacturing activities The transfer of manufacturing by...
Introduction This paper will examine the sourcing plan which is a significant aspect of expenditure within the Colbertens Services Limited, which is a Dubai-based service company. When reviewing the cost aspects, the paper examines products, services, and logistics involved in the supply chain management at the company. From the research,...
Toyota supply chain provides millions of people with jobs. This paper explains the role of supplier relationships, information technology, and procurement practices in supply chain. Discover strategies and solutions to improve Toyota supply chain management. Supply Chain Management and Business Objectives Importance of Effective Supply Chain Management Supply chain management...
Abstract This is an analysis of a case study involving Agsten and Carlsen companies that formed a partnership where Agsten supplied products to Carlsen. At the time Agsten was considering to relocate, it had started to experience communication and skills transfer problems. That was in addition to the failure to...
Introduction PepsiCo Inc. is one of the leading food and beverage companies in the world. This American company was started in 1965 after the merger between Frito-Lay and Pepsi Cola and had its headquarters in Purchase. Through mergers and acquisitions, this company has been able to diversify its products to...
Business organizations will always seek a competitive edge over others. A competitive edge is critical because business organizations operate to make profits. Profit maximization entails providing value for customers who, in return, reward the organization with loyalty and increased purchases. Initially, competition was based on many things over which the...
Executive summary Jet has increased chances of penetrating into the highly competitive mobile phone market. The company should perfect on making sleek fashionable mobile phones using a number of recommendations discussed below and through implementing competent marketing strategies as the major back up. Though a number of companies have already...
Introduction Warehouse management remains a vital concept in the supply chain, as it controls the movement and storage of properties within a firm. The process of receiving, storing, picking, packing, and shipping requires competent employees who comprehend their job expectations. Each division of warehouse operation has unique challenges requiring experienced...
Introduction As the assistant for the Logistics and Operations Manager, I find it prudent to develop cost and management plans that correlate with the strategic plan of the Etihad Airways. The main idea is to develop a unique formula that would give the airline a competitive advantage over other rival...
Abstract An inventory system keeps a record of all the movements (orders, sales and transfers) of a company’s raw material, products and other inventories such as office furniture. By having a proper inventory system, businesses can streamline their orders and sales. Selection of an appropriate inventory system depends on the...
