Abstract The Cincinnati Seasonings Supply Chain is a mockup of a supply chain to support a company that designs and markets food seasonings and sells its products in stores throughout the United States. The purpose of the case study was to familiarize students with setting up a supply chain and simulate its operations. The thought process was to define the product and set up the facilities, vehicles, and routes to have an effective and efficient supply chain. The challenge for the entire exercise was to get the Supply Chain to run continuously for thirty days or more, without interruption or running out of product. Cincinnati Seasonings is a family owned and operated business; the founder was born and raised in Ohio. Cincinnati is …show more content…
A new truck was implemented into the schedule, to transfer Spicy Cube from the warehouse to the final destination, so the stores did not run out of inventory as often. Just the slight change in how the trucks ran made a huge impact by altering the shipping direction, the trucks were able to get the product to intended destinations somewhat faster, which was another factor in the stores stabilizing product inventory on location. Because the product was leaving the warehouse and getting to stores faster, the initial problem of product on hand and storage space was rectified and the stores showed a moderate increase in profit. Some of the actions taken were to reduce or better yet, eliminate the issue of excessive product inventory, included combining, and making the shipments larger and increase the amount of product on hand, so that stores that where low on Spicy Cube could retain a normal or slightly more of the product to reduce risk of shortage. Due to making shipments larger, I added an additional truck to assist in getting the product inventory from the warehouse to the stores. Major Improvements 1 Reflecting on the simulation one of the things that should have changed would have been changing the interval of the trucks so more of the product could have been transported from the
The Supply Chain Management System used at Lowe’s is a collaboration process. According to LeRoy Allen, Senior Vice President of Logistics for Lowe's Companies, as cited by Real Results Magazine (2012), Lowe’s has more than 3,000 suppliers and having effective communication with all of them is difficult. Providing them with key information helps them, not only run their own business but assists Lowe’s in running theirs. This model was designed to efficiently run the supply chain together (para. 2).
“Supply chains cannot tolerate even 24 hours of disruption. So if you lose your place in the supply chain because of wild behavior you could lose a lot. It would be like pouring cement down one of your oil wells” (Friedman, T. n.d.). The introductory quotation from American Journalist Thomas Friedman establishes the purpose of this essay. This essay will briefly exhibit two factors that would change the demand for the product produced by GNC (General Nutrition Center); as elaborated upon in the last Session Long Project (SLP) this is the franchise I’ve selected for study during the duration of this session. Next, will be a short overview of activities that would affect changes in supply. After that, how could quantity demanded by changed? Finally, the type of demand the GNC product promulgates whether it is elastic or inelastic. First, let us dive into the two factors would change the demand for the GNC product.
Supply chains manage the movement of products from the acquisition of raw materials through production and finally distribution to the end user. A properly designed supply chain can create many opportunities to drive down cost and increase revenue opportunities. In order to create a supply chain that is sustainable and flexible it is necessary to identify and align company goals and initiatives with the manufacturing and distribution of products.
During the game, I realized that wide gaps in orders of every role in the supply chain such as factory, distributor and retailer create inventory management challenges. For example, distributor records 0units between week1-week 4 compared to retailer within the same period. The retailer records 3units, 5units, 2units and 2units between weeks 1- week 4. The same applies to factory with 0units from weeks 2-4. Addressing inventory management problems requires developing an average unit level to avoid disappointing customers when demand
Company is facing a challenge of potentially higher inventory costs. Rising prices may further result in changes in customer behavior and preferences.
“In an age of increasing specialization, it is rare for one person to be knowledgeable in all aspects of a complex task” (Thompson, 2015, p. 88). In this case, the first step was to understand our incoming demand. For this, I relied on information technology to generate numerous reports as well as the expertise of our sales team. It was at that point that the data was analyzed in conjunction with an inventory specialist. After we had the knowledge of what current product to inventory, we then needed to establish a set of guidelines of how to qualify products in the future. Inventory control management processes were instituted as well as a supply an auditing system. These steps included information from organizational members from our manufacturing group, planning department, and procurement department. Finally, we needed to understand and facilitate the storage and shipping of the product. We enlisted the help of our warehouse employees as well as our transportation department. This type of project included various levels of the organization and required a tremendous amount of communication. The project workload was enormous and also had a substantial financial investment associated with it. Instrumental in the project’s success was the team’s cohesion, diversity, and strategies deployed
The supply chain management its based on components that enable the process in order to be successful. And the SCM globe simulator give us the a perfect association of a real life process, since these following components, products, facilities, vehicles and routes, are key in order to succeed at the Cincinnati seasoning project.
1. Performance. The driving constraint on this project is the performance. The most important aspect of this project is that the warehouse is able to quickly find needed products. Time wasted in searching for products delays our delivery trucks leaving in a timely manner and also means that walk in customers have to wait for an excessive amount of time
Inventory Management- The entire supermarket must be working closely on inventory management so the perfect amount of inventory is always on hand. As I mentioned before, too little of a product results in loss of sales and unhappy customers, but too much is a waste of resources.
The stakeholders associated with this project are broken down into four categories, based on three processes of inventory management and a category for stakeholders that do not necessarily fall into any of the categories of inventory management. Raw materials receiving stakeholders include supervisors, receiving area teams, raw materials delivery partners and inventory clerks. Manufacturing with inventory stakeholders include manufacturing staff and inventory clerks. Final product shipping stakeholders include, Riordan Manufacturing’s customers, sales staff, sales order clerks, shipping department and inventory clerks. Additional stakeholders include members of the IT department tasked with maintenance and management of technology proposed in this service review and Hugh McCauley, Chief Operating Officer of Riordan Manufacturing.
Because the product was leaving the warehouse and getting to stores quicker, I was able to reduce the storage space which was an initial problem so the increase of costs because of it decreased. The stores showed a moderate increase in profit.
Produce more products so there is less restocking issues but not more than the market calls for (supply and demand),
Many companies produce products from parts of raw materials that are purchased from suppliers, till these products are reach the markets and presented for the customers, then you have the supply chain starting from the purchase of raw material from different areas , through the manufacturing steps and stages till is being sold by the consumer. Some of supply chains are well defined and easy to determined, while there are other supply chains complex to analyze. However, supply chains vary with the size of the facility such as; complexities, performance, abilities, flexibility, quality, speed, dependability and cost of preparing goods for manufacturing and the chain length distribution. So the supply chain is a network of wholesalers, retailers, distributors, workers in the transport, storage facilities, suppliers, and manufacturers who participate in the production, delivery and sale of the product to the last consumer. A supply chain is a group of facilities that coordinate activities among it and to avoid the competitors. Moreover, to ensure the supply chain management is operating efficiently and generating the highest level of customer
Based upon his ten years research on supply chain issues in diverse industries such as food, fashion, apparel and automobiles he devises a framework which will help
This report has been prepared to analyze the supply chain management process, design and planning of this particular Domino’s location. Theoretical parts have been used to evaluate the company’s supply chain process in terms of its product and service offering. This report also focuses on the daily operations of this franchise. The focus has been placed on the daily operations processes of the Dominos store located on lakeshore Blvd. (w), Toronto, ON. This report is a result of team research, case study analysis, a store visit, interviews and insights from Dominos existing employees, application of theoretical concepts, models and prior experience. This study shows how Dominos has been able to position itself as a market leader in its segment. Finding various aspects of the company’s processes, provides as an token of appreciation to the company’s efforts to continuously grow in the changing market conditions by taking new product design into consideration and being innovative against its competition.