Case 10 Happy Chips Essay

ASC 320-10-35-33F: “Changes in the quality of the credit enhancement should be considered when estimating whether a credit loss exists and the period over which the debt security is expected to recover.”

Global Supply Chain – You Better Be Good…………… Time and Distance……………………………..……………… Where Do the Lost Savings Go? …………………………. The 10 Capabilities of Global Logistics Leaders…….. Lack of Global Technology Enablement …..………….. Summary………………………….................................... Sponsor Perspective …………………………………………. About Supply Chain Digest……………………………...... Global Logistics Capability Diagnostic………………… . End Notes ……………………………………………………….. 1 2 3 5 13 14 16 17 18 25

Shakespeare Inc., a private publishing company issued its F/S on March 20, 2012. There were several accruals and events that the management of Shakespeare is considering to determine if they should be recognized or disclosed in Dec 31, 2011 F/S. In my opinion, the important things to focus on subsequent events are the period they effect and if their influence is material or not, so that in conclusion, the F/S are fairly presented.

An ideal SCM integrates all aspects of logistics in a rapid manner attempting to achieve the objectives by using who, what, when, where, and why (the 5Ws) for accuracy and success. The focus of this literature will cover the history, functions, modifications and future of SCM, while also considering the literature and preceding research that was conducted in each area. This paper will enhance the readers’ understanding of the SCM in general along with the process and concepts of the subject. It will also enable readers to apply aspects of SCM in their respective line of business. The literature for this review is relative, ranging from one to three years old. Organizations must understand that Supply Chain Management can increase the company’s EBITA (Earnings Before Interest Taxes Amortization) or decrease it if used properly. An additional benefit of an optimal SCM is optimizing time from production to customer, which can increase customer base when the industry notice speed of delivery to customers.

each channel and the deliveries to each channel. You find that the retail channel accounts for 70%

Our Supply Chain Consultant will work with client organizations to improve their supply chain and logistics performance, reducing their cost structure and\or improving their capabilities. These improvements are realized through initiatives involving strategic planning, process re-engineering, and/or information technology implementation. Our Consultant will execute a wide range of projects which include: logistics network design, facility (plant or warehouse) rationalization, plant and warehouse design, operational assessment, technology/software selection and solution implementation. Typical project tasks will include data gathering, data analysis, process mapping, defining requirements, current situation or baseline establishment, alternative scenario creation and analysis.

W.C. Benton, J. (2010). Purchasing and Supply Chain Management (2nd ed.). New York: McGraw-Hill Irwin.

In Goodbye Mr. Chips by James Hilton, the recurring theme is those with a strong will who hold to their values and good virtue stand as great examples to others, especially towards the impressionable minds of youth. From the very beginning of his career, Mr. Chips had begun to be a force for good in the old school for boys. Chips had always been a level-headed man of conservative values who listened to the opinions of others with great patience and understanding. Mr. Chips, by the help of his legendary sense of humor which gave him his reputation, shared his great wisdom and knowledge to thousands of young men through generation upon generation. Even through the loss of his wife and his child breaking his heart,

Russell, R. S., & Taylor III, B. W. (2014). Operations and Supply Chain Management, 8th edition. Hoboken, New Jersey: John Wiley & Sons, Inc.

Camp Happy Valley is a summer day camp which is located in London, Ontario. It formed in 1965, and as a not-for-profit organization. Camp Happy Valley engages in create a positive and safe atmosphere for children to increase their experience. Sue Johnson is the director of this camp and work for hiring the super staff team. Adam Cameron is the programmer for Happy Valley. The process of hiring and training staff was low efficiency, and the camp’s morale was depressed. Camp Happy Valley needs to make some decisions as soon as possible to improve this situation.

Has mankind discovered some fantastic substitute for fat to enable people to eat as many snacks as possible without gaining weight? Recently, Proctor & Gamble developed Olestra (sucrose polyester), a zero calorie fat-based substitute, at a cost of $200 million. This product has been approved by the Federal Drug Administration (FDA) with warning labels.

Definitions of Supply chain and logistics theory and methodologies are pointed out with some commentaries and critics of each part that this report is divided into.

In defining how best to apply lean tools and techniques to the optimization of supply chain processes, the systemic structure of a firm's value chain needs to first be taken into account, with each specific sector of the supply chain considered an integral part. Of the many excellent insights gained from the study of Lean Logistics (Jones, Hines, Rich, 1997) one of the most significant is how the planning and execution of supply chain optimization processes must take a more strategic view in solving complex logistics problems, even if they appear to be isolated in a given area. Throughout the many examples of the logistics, supply chain and procurement processes that comprise the Toyota Production System (TPS) the authors succeed show that the selection of lean tools and techniques to optimize supply chain processes is more predicated on the context of a given challenge, not its isolated occurrence. This strategic view of supply chain optimization succeeds in taking into account the constraints of product strategy, people's roles and tasks, and the processes that unify the enterprise together. The outcome of this perspective is a model for optimizing supply chain processes that fits equally as well distribution-centric and manufacturing-oriented companies (Zylstra, 2005). The authors of Lean Logistics are careful to point out early in the article that the most popular approaches to

This paper addressed the Importance of logistics in the transport systems, the benefits of improved performance based logistics in transport system and also the process to be followed to improve its performance. Logistics is always a major area for potential life cycle cost savings. As in every field in today’s environment where there is huge budget constraints, manpower limitations and the importance for effectiveness, improved efficiency and environmental sustainability they do apply in the logistics segment and play a key aspect to improve the performance in transportation sector. This paper discussed the various performance metrics and barriers which influence the performance in logistics in transportation.

Jacobs, F.R & Chase, R.B. (2013). Operations and supply management: The core, 3e. Chapter 1 and Appendix A