basic concepts of logistics and supply chain management Instructional Objectives After completing this chapter, you should be able to: • Define supply chain • State the objectives of supply chain management • Describe the importance of supply chain management • Elaborate the cycle view of the supply chain processes • Illustrate the push-pull view of the supply chain processes Learning Outcomes At the end of this chapter, you are expected to: • State supply chain • Describe the objectives of
Introduction of the study 1.1 NEED FOR THE STUDY Inventory management being a very important concept in all the company’s having a void coverage often calls for the managerial attention. In the modern times inventory management has becomes the integral part of the all companies. So all the firm gives special importance for inventory management. Inventories are equivalent to cash and they make up an important of the total cost. It is essential that inventory should be properly safeguarded and correctly
CHAPTER TWO LITERATURE REVIEW 2.1 Introduction This literature review seeks to give an overview of various studies and theories and principles in the field of green supply chain management. The chapter looks into manufacturing industries in general. Further the chapter explores green supply chain management. It will also put into context the Ghanaian situation regarding the status of oil nut company waste. 2.2 Manufacturing Industries Industrialisation is the development of a modern manufacturing
ASSIGNMENTS: MANUFACTURING SYSTEMS (ME6001) Q1: SUPPLY CHAIN MANAGEMENT (SCM): “All we are doing is looking at the time line from the moment the customer gives us an order to the point when we collect the cash. And we reduce that time line by removing non-value-added wastes” - Taiichi Ohno (Father of Toyota Production System) The supply chain management technique is basically built upon the framework of creating a single plan for product and information flow through a business
Supply chain management is a concept that has existed for many years. It is based on two main principles. The first principle is that practically, every product that reaches an end-user, is as a result of the cumulative and concerted efforts of several organizations. These organizations are collectively referred to as the Supply Chains. (Robert Handfield, 2011) The second principle is that even though supply chains have existed for quite a long time, most organizations have only paid attention to
but in reality the supply chain is became less efficient. This literature study focuses on the distribution of perishable products in general and it highlights the best practices, software and tools that may help solving the individual problems. The subsequent sections describe possible scenarios for Sonnendal, based on the information found in this literature study. Distribution Management First is examined what the basics of distribution management within supply chain management are, to understand
goods is always present. It is the purpose of a supply chain is simply to create a product for a consumer. This process includes the planning, development, making, delivery and possible return of the product. To reach the goals of an organization, which is typically centered on maximizing profit, different strategies are continuously being tested and implemented in order to boost selling potential. For example, the use of customer relationship management methods such as data mining or customer service
(Bhandal, 2013) The longer the chain, the higher the risk of integrity break-down. Tesco, Burger King, and Aldi all had to apologize to their consumers that they had been a victim of fraud somewhere along their supply chain. (Bhandal, 2013). In the modern food supply chain the end consumer is quite distant from the source, and the more hands through which products pass, the more risky the production system becomes. This is where
understands its objective of being a universally effective Malaysian car maker. It is being so as to accomplish this client arranged and by creating competitively priced and inventive items. Furthermore, the proton also had launched the Customer Management Center that known as the “Proton I. Care” that gives the customer the opportunities to contact and get helped with the Protan Edar regarding the product and service enquiry within 24 hours emergency breakdown assist. o Research and Development Strategy
Introduction In the late 1990’s, recognizing that 70 percent of their manufactured products cost was occurring externally, John Deere decided to take some major steps in order to provide more value to their shareholders. At the center of this new strategy was a revamped logistics strategy that incorporated reduced transportation costs, and company wide standardized processes. However, in a volatile market such as the agricultural industry, where farmers depend not only on a stable economy but good