Demand chain management

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    Apics Exam Questions Essay

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    Number: 1 BASICS OF SUPPLY CHAIN MGMT (BSCM) :Businesswide Concepts The basic elements of the supply chain include: A) supply, manufacture, distribution. B) design, manufacture, inventory. C) engineer, design, manufacture. D) supply, engineer, manufacture. The correct answer is: A Even though different companies produce different products, the basic elements are the same: supply, manufacture, and distribution. (Arnold, Introduction to Materials Management, Chapter 1). [pic] Question

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    supply chain. Supply chain management focuses on managing the supply chain in an effort to improve the quality and time it requires to manufacture a product. In addition to implementing supply chain management, a helpful lean production practice called Just-in-time can be used to remove any waste present along the supply chain. The marriage of lean production and supply chain management creates lean supply chain management, which provides a much leaner and more economical supply chain for the

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    FUNDAMENTAL OF LOGISTIC MANAGEMENT AND STRATEGY Xi-Er Dang Abstract This paper provides a basic but fundamental understanding of logistic primarily based on the book of “Logistics Management and Strategy” by Harrison and van Hoek. It will guide you through from the basic definition and concepts to the different supply chain strategies that exist, as well as providing a perception on the future logistic development. Explanation of principal terms like logistic, supply chain management and supply network

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    Heading: Supply Chain Management-Value of Supply Chain Introduction: Supply chain management is a complex undertaking that must involve more than one organization’s efforts to succeed. A tremendous amount of skill, time, and money must be present to build and develop relationships, discover and implement a strategy, and use the capabilities of the chain to build quality at an efficient financial rate. Allowing for these requirements, it leaves one to wonder whether supply chain management is a viable

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    Supply Chain Management: Chapter 10 (p. 249): Questions: 1, 4, 5, & 13 (1) What is the difference between supply chain management and demand management? According to Schroeder, Goldstein, & Rungtusanatham (2013), supply chain management is the process that is used by a company to ensure that its supply channel that supplies and materials are processed through is moving and operating in an efficient and cost effective manner. However, demand management is when decisions made affect the amounts of

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    SUPPLY CHAIN RISK MANAGEMENT Intro: It is too difficult to give one and distinctive definition of Supply Chain Risk management (SCRM). Indeed, Sodhi, Son, and Tang (2012) begins their findings with the similar fact that ‘there is no clear consensus on the definition of SCRM (because some restrict the scope of SCRM to rare but large impact events while other authors believe that SCRM is about demand-supply uncertainties. 1/3rd of their analysis did not just show that respondents took a probabilistic

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    Supply Chain Responsiveness and Efficiency – Complementing or Contradicting Each Other? Dennis Minnich1 Frank H. Maier2 International University in Germany Campus 1 76646 Bruchsal, Germany Phone +49 7251 700-341 Fax +49 7251 700-350 e-mail dennis.minnich@i-u.de Abstract Balancing responsiveness to market requirements with overall efficiency is an important issue in supply chain design and management. The objective of the system dynamics model introduced in this paper is to capture generic structures

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    Apple supply chain management is based on its ability to quickly adapt to change. Apple strong supply chain leads the company to have a competitive advantage over its competitors. Apple is very fast to deliver products with high demand. Apple is considered one of the highest and best performing supply chain around the world. This report was written to learn best practices of Apple Supply Chain and apply them to Walmart 32nd St. I discovered that Apple’s supply chain is very simple and efficient.

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    FREQUENCY IDENTIFICATION (RFID) IN SUPPLY CHAIN MANAGEMENT Nor Faridah Omar Abstract— RFID tagging is an ID system that uses low-frequency detection device for the purpose of identifying and tracing. It includes the tag, the device which reads and writes and host system for the application of data collection, processing and transmission which relies on storage and retrieve data remotely using a tag or transponder [1]. RFID tagging is used in supply chain management as an alternative to barcode technology

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    Nike’s global supply chain problem. Nike had encountered problems with the management of their global supply chain in the past. Nike is an iconic footwear and apparel manufacturer that operates in over 180 countries with reported revenues of $25.3 billion in 2013. Nike currently has 719 factories, employing 990,325 workers in 44 countries around the world. It is the world’s leading manufacturer and seller of athletic apparel and sports equipment. It takes its name from the Greek goddess of victory

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