REPORT COVER SHEET
Surname: Cadena Alvarado
Given name: Mario Alejandro
Class: Logistics and Supply Chain Management
Lecturer: Min Qiu
Word count:
Tittle: Report Amazon Case Study
Due date 16th of May 2014
DECLARATION
I am aware of university policy on Academic conduct (published on Moodle) and I declare that this assignment is my own work entirely and that suitable acknowledgement has been made for any sources of information used in preparing it. I have retained a hard copy for my records.
Table of Contents
Report Amazon Case Study
Executive Summary …………………………………………………………. 1
Introduction …………………………………………………………………. 2
Managing Inventory Internally ……………………………………………………. 2
Outsourced Inventory Management
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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.
Managing Inventory Internally:
Managing Inventory goes beyond products, this management consists in allocations, transportation, distribution, customers and suppliers among others. According to the study case Amazon has gone throughout the analysis of these elements and Amazon has successfully adopted the right strategy taking into the following considerations analysed in this report.
Amazon as new company had to deal the same troubles that any other new company may lead such as lack of recognition, little support form financial entities, lack of dominance in negotiations and lack of experience; moreover, when the type of business is new which was the case of e-commerce in 95. Therefore, entering to e-business where many companies were fighting the participation of the market; Amazon had to have a different and innovated service and Preston had this very clear. All his decisions were well-thought and focusing on Amazon competitive strategic which was by that time to satisfy customers and at the same obtain benefits for Amazon .
Amazon as a new company had to gain its
Supply Chain Management: An International Journal, Volume 7, Number 5, 2002, pp. 271 – 282;
Logistics and supply chain management is an important aspect of a firm’s strategy for the business to achieve success by creating value throughout the logistics and supply chain. The research paper will outline the concepts that are involved in creating the logistics and supply management framework. The logistics and supply chain management strategies will drive success for the company towards fulfilling and supporting customer needs, procurement and manufacturing operations of the firm.
The second chapter includes the literature reviews that are used as a basis for answering the research problems. The literature review provides the theoretical foundation for this research. The theories are strongly related to the topic and purpose of the thesis, which covers the definitions, functions, and advantages of Supply Chain Management and the performance metrics of Supply Chain Operations Reference, followed by proposed conceptual model.
Simchi, D., Kaminsky, P., Shankar, R. (2008). Designing and managing the supply chain: concepts, strategies, and case studies, 3, 384-385.
All retailers have a common goal in mind, and that is to make a profit. Companies earn a profit by first connecting customers with products, which can lead to an exchange of product for money. Without the ability to connect customers with products, no money exchange is possible and no profit is earned. It is, therefore, immensely important for retailers to have the right products, in the right quantities, at the right locations, and at the right time. Inventory Management Systems provide companies like L.L.Bean with the necessary information to achieve just that. L.L.Bean’s advanced inventory management system (IMS) connects customers with products, irrespective of the location of the product or the customer (Hoffsess, 2015).
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
To start, it is vital to clarify the concept of a supply chain. It consists basically of all the process that the materials suffer as they flow from the source to the final customer. There are many concepts linked to this term, purchasing, warehousing, manufacturing, etc. Or more precisely: “a supply chain is a system of business enterprises that link together to satisfy consumer demand. The elements of a supply chain can be contained in the same business or be part of different companies” (Riddalls et Al., 2000)
Controlling inventory is known to be one of the toughest problems for companies. With 39 million active customer accounts and a vision such as being "Earth’s biggest selection of product", Amazon has been putting a lot of effort to be as efficient as possible in their
Supply chain is one of the critical aspects that can make or break any company. The research will also concentrate on aspects of supply chain.
(Bowersox, D.J., Closs, D.J., and Cooper, M.B. (2010). Supply Chain Logistics Management. (3rd Edition) New York, NY: McGraw-Hill/Irwin.
This report provides the analysis and examples of inventory management system and forecasting methods of Walmart. Methods of analysis and evaluation include Walmart strategic vendor partnerships, fewer links in supply chain, cross docking, and technology. Results of methods mentioned show Walmart accruing a high inventory turnover ratio of 8.1 (Bloomberg). In comparison to other retailer on regional and global scale Walmart hits industry highs with 71.9% in market share
The term “Supply Chain Management” is a business model that takes a process-based view of how all of a business’ functions need to work together. Supply Chain Management is a way for business’ to relate to their suppliers and customers. In an interview by Darilyn Kane, she interviewed Douglas Lambert, the
How Amazon.com manages inventory. What are the company's unique concerns? How does the company address these concerns?
This book reflects the shift in interest to supply chain. We have included a chapter on MRP, but have not included scheduling in the book. Further we have included chapters on “strategic sourcing” and “logistics” in the book. Detailed “internal”
Transport plays a critical role in the supply chain and according to Bhattacharya et al. (2014) it is becoming one of the key components of the whole supply chain valuation for many organizations. Transportation is the movement of good from one location to another. Supply chain is a network of individuals, organizations, activities, resources and technology that is involved in formation and sale of a product, which is from the delivery of source materials from the supplier to the manufacturer, through to the end user. Hopkins (2007) states that supply chain professionals look at whole business procedures, which is from raw materials to manufacturing, wholesaling and retailing. And by