Supply Chain Management - L.L. Bean Essay

Reorders are placed at the time of review (T), and the safety stock that must be reordered is:

Supply chain management is a practice that involves the planning, supervision, and implementation of strategies and controls to direct the movement of goods and services provided to customers. The intent of this essay is to incorporate a synopsis of existing literature and to provide the reader with a general understanding of how supply chain management correlates with the organizational design and structure of modern firms. The essay comprehensively reviews the components of supply chain management and their integration with functional areas within an organization. The information presented in this essay

L.L. Bean is a clothing store that sells a product called Duck Boots. L.L. Bean started selling boots in their store locations in the year 1911. The current pattern design of their boots is the design that they started in the year 1947. The L.L. Bean company ran into a dilemma from 2011-2014. They had too many people all of a sudden wanting these duck boots causing a waiting list of 100,000 people. The Duck Boots are waterproof and not exactly an appealing look. They have sold anywhere from $100 to $210 depending on the model and year. L.L Bean has been successful in hitting the market for selling lumberjack style products. They have done this by delivering quality product and affordable product. The grandiose benefit that is going to keep consumers coming back, is the lifetime warranty deal they have with the product. Can they continue the popularity of this trend? can they continue to keep their consumers and be able to keep them satisfied? L.L. Bean has plenty going in their favor for this to happen. The company having the lifetime warranty is pretty much making every consumer they have a recurring one. Plus, their convenient policies will ultimately assist in spreading the word to other people who will desire the product. They do not do much design change in the product which I believe is very important, you don’t want to change your look if what you have is working and currently has nothing wrong with it. The consumer decision making process is where their situation

The value delivery option is another component that supports the supply chain. Providing attention to the changes within consumer demands that will aid in rapid production of consumer products. In order to gain a larger view of the said component it is vital that the value-based method must be clearly understood. Based on the findings of (Feller, A., Shunk 2006).the ability to realign the structure of the supply chain, this process will allows the supply chain to sustain its effectiveness by adopting to changes in consumer necessities with merchandises of larger value. A diversified supply chain is constructed to match the overall components of the chain with customers need in mind. But if this construction of the supply chain doesn’t match the needs it will make nearly impossible for the organization to provide said products and services to the consumer.

Fashion has taken over the world today with beautiful, extravagant clothing modeled by equally gorgeous people. But, have people ever wonder who made these creative clothes or even the clothing in everyday stores? Most people around the world are not aware of the workers that have made these clothes and the treatment they endure throughout the process.

At the core of L.L.Bean’s pricing and promotion strategy lies its inventory strategy. L.L.Bean’s inventory strategy segments its products into ‘core’ and ‘non-core’ items. Core items are products in constant high demand, those the company never want to be out-of-stock. These include items like Bean Boots, the Deluxe Book Pack, their Barn Jackets, and the ever-popular Boat and Tote bag. These items sell year-round and are not influenced by seasonal shopping behaviors (Cooke, 2011).

Although the brand is among the leaders within this segment, it has lost its position in the overall market due to the emergence of low-cost competitors and a change in its target customer base. Lacking financial and human resources, the brand has not been able

L.L. Bean, clothing and outdoor recreation equipment retailer, introduced their winter weather duck boots in 1912. The boots are hand-sewn by skilled bootmakers in the company’s two factories located in Maine. Company sales of duck boots has risen over the last three years. It wasn’t until July of 2015 that the company was able to clear the 100,000 back

There are many fascinating facts about this company. One fascinating fact is that the company was founded by one lone Irish man whom founded it in 1845 precisely as the Great Irish Potato Famine began to take hold of the country. The company not only managed to survive this catastrophe but it flourished and is still around today, the company has been and it continues to be run by family members who must possess a deep understanding of the skillful art of textile making. Another interesting fact is their continual investment in research projects, whether improving I.T. and manufacturing technology, staff training and development or improving the raw material characteristics from which their fabrics are manufactured, they have not seized to

An effective supply chain is the key to creating business value, and with expansion on the horizon. Good planning and willingness to adapt to changes are key to maximizing our results. In order to do this we have come up with a plan that will make Lady Americana mattresses a household name in our target expansion markets. In the state of Oklahoma, Lady Americana has already become a brand that has a bed in almost every home. The current systems in place are effective for todays operations, below are some challenges and recommendations to improve upon this to create an effective supply chain, that will grow with you as your business does.

This gain value and addresses a key decisive achievement factor in the industry (Grant,2010). As position is important to offer convenience and a deep assortment, An extra unique intangible resource would be their brand representation and customer loyalty, this is vital since it can attract or attract consumers and it could be necessary to build the brand image .

According to our class text Supply Chain Management’s goal is to create fast, efficient, and low-cost network of business relationships to get a company’s product from concept to market. In order to understand the goal we must know that the supply chain is the process the raw materials of a product go through in order to be available to the consumer. The relationships that the business creates are needed in order to create the product, each process the product goes through creates value, the supply chain is often called the value chain. Internet technologies are increasingly making the supply chain management process much more efficient and worth the initial investment. The supply chain management life

the unique product in hole. Increase brand awareness and sales by the development of the

* By now, there’s no doubt that the supply chain will continue to be a driving force in the business.  As a result of the management and measurement changes, IBM’s inventory is at the lowest it’s been in more than 30 years. Further, the ISC reduced supply chain expenses by nearly $300 million in 2004.  The reduced assets and expenses provided cash that could be used for acquisitions to make IBM more competitive.  In addition, the IBM sales team opened up about 25 percent of their time to uncover new client opportunities because of reduced time required to follow-up on orders.

Levi’s in the comfort business. Not just mean physical comfort but providing psychological comfort – the feeling of security that, when you enter a room of strangers or even work colleagues, you are attired within the brand of acceptability. Although what a consumer defines as psychological comfort may vary from sub-segment to sub segment. The key phrase here is that last one, ‘from sub-segment to sub-segment’. In its attempts to be sensitive to the various fluctuations of taste among the denim-wearing public, Levi’s has diversified its brand by creating a wide range of jean styles.