...Supply Chain Management Supply chain management (SCM) is of great importance to the private sector as it is to the military. Both industries have similar approach to the management of the supply chain, requiring desirable result but for different reason. Successful supply chain management takes coordination and integration within and between companies. The ultimate goal of an effective supply chain management system is to make products available when needed and at the same time reduce on hand inventory. Supply chain management is described as the management of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer and on to the consumer. The management of materials consists of the movement of goods from a supplier to a customer and any customer returns or service needs. The information piece is the transmission of requisitions and status updates on deliveries. The financial piece includes the credit terms, payment schedules, and consignment and title ownership arrangements Supply chain management is also improving the way a company finds the raw materials it needs to make a product or service and deliver it to the customer. Company’s five basic components of supply chain management are plan, source, make, deliver, and return. Planning is the tactical part of supply chain management. Companies need a line of attack for managing all the assets that go toward meeting customer request for their product or service. A big part of...
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...anticipatory logistics work in the corporate world? Why or why not? Supply chain management is the driving factor of the supply chain process, and is one of the most important factors in the business world today. Products originating from raw materials, international sales shape the foundation in which a supply chain is built and has complex and significant contributions to the overall success. A customer’s demands and requirements need to have special attention paid to them to ensure that orders are accurately shipped, arrive on time undamaged, and with the correct specifications as designed. SCM is essential to minimizing the amount of access inventory and cut the unnecessary cost associated with logistics. In today’s society business is at a new level, utilizing the world’s vast resources of technology. Anticipatory Logistics is just one of those resources that has been placed at the fingertips of the corporate world. Anticipatory logistics allows for parts to never go under stocked thus providing the customers with the parts desired all the time. With societies need for things at a drop of a dime this system fits the criteria to get the job done. One of the largest organizations to implement and use the theory of anticipatory logistics is the military. In this paper I will analyze both SCM and AL and note their contributions to the military as well as the corporate world. Supply Chain Management Real-time predictions of what a customer desires and the expedited and accurate...
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...Touro University International Ethics 501 Case Assignment #1 Professor: Dr. Bonnie L. Adams Introduction No matter how trained an Army, winning or losing comes down to logistics. Evidence of how great the US military has become at mastering the art, you need to look no further than the initial invasion of Iraq. For the Marine Corp in particular, the Iraq invasion was the deepest penetration a Marine land component had ever attempted. The capabilities to conduct such long operations were a direct result of overhauling their logistic process. Seeing the Future One of the most difficult challenges military planners face is not the enemy of today, but future adversaries and trouble spots that US military forces may find themselves being employed. The first Gulf War was fought with military hardware that had been purchased for the sole purpose of protecting Western Europe from a Russian invasion. The lessons learned were not based on recent military success such as the invasion of Panama, but from Vietnam. Modernizing logistic management for the military is a difficult process. While there is one Department of Defense (DoD), there are three separate branches, since the Marines fall under the Navy, although they do act separate at times. When one branch makes a change, that may work well for it, the problem lies when a separate service purchases software that they believe meets their requirements and neither system is compatible with the other. The Enterprise...
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...Global Logistics Management Melvin L. Simpson American Military University (AMU) Summary Global Logistics Global logistics is a broad and complex process which include different units positioned to help facilitate, and manage the order from start to finish. Unlike like the way logistics works in the U.S. global logistics must also incorporate different customs and courtesies associated with different countries. One example of this would be the European and Afghani culture. Europeans are highly conservative shoppers that requires less use of retail and whole sale stores such as Wal-Mart though they maximize their modes of transportation efficiently. A product being shipped from the U.S. to Europe has a higher success rate than that same product going to Afghanistan. In Afghanistan blue, gold and purple are all colors that is highly favorable meaning signs of wealth. A known product that we acknowledge as black may require to be packed differently if shipped to this country. Global logistics is not only used for the purpose of import and export, but also international trading. Countries such as Costa Rica, Philippines, and Indonesia rely heavily on global logistics to import/export material where their country fall-short to produce on their own. For example: you may find the best quality of Rip Bananas in Costa...
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...Supply chain management is the management and coordination of a product’s supply chain for the purpose of increasing efficiency and profitability. The term supply chain management was coined by a consultant named Keith Oliver of the strategy consulting firm Booz Allen Hamilton in 1982. It combines processes of planning, implementing, and controlling the operations of the supply chain with the purpose of satisfying the customer requirements as efficiently as possible. It attempts to control or link the production, shipment and distribution of a product. This is done by keeping tighter control of internal inventories, internal production, distribution, sales and the inventories of the company’s product purchasers. It integrates supply and demand management within and across companies. The inventory contains the raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a business’s assets that are ready or will be ready for selling. Inventory represents one of the most important assets that most businesses possess because the turnover of inventory represents a primary source of revenue generation and subsequent earnings for the companies’ shareholders/owners. However, possessing a high amount of inventory for long periods of time is not usually good because there are inventory storage, obsolescence and spoilage costs. On the other hand, possessing not enough inventory isn’t good either, because the business runs the risk of losing...
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...fgf Course information for Supply Chain Management (A logistics Approach) Course Facilitator Muhammad Tariq Yousafzai Assistant Professor MBA Imsciences (Distinction Holder) MS Innovation and Business Creation Course syllabus Course literature Langley, Coyle, Gibson, Novack, Bardi (2009), Managing Supply Chains – a logistics approach, 8th edition, South-Western Aims The aim of the course is to achieve an understanding and knowledge about the supply chain and logistics, its Participants, functions and flows and how these are interrelated and interacting. It introduces the students to analyze logistic flows for different products and services within and between firms in the supply chain. Further, students will get an insight of how changes in one part of the chain will influence the whole supply chain and its development. Students will also learn about the role and importance of recycling and reverse logistics. Contents Starting from customer demands the course analyzes the flows through the firm, from procurement and inbound flows, manufacturing and distribution and how these flows in turn are linked to those of suppliers, wholesalers, distributors, retailers and other partners. This will include warehousing and inventory management, the role of transportation, operation management, reverse logistics and recycling logistics system and service logistics. Based on the...
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...Yashashree Kulkarni Operations & Supply chain Mgmt Date; June 21 Critical and Creative Thinking in Operations And Supply Chain Management The reality of the 21st century is the presence of the VUCA environment that is , volatile, uncertain, complex and ambiguous. This highly dynamic business world, requires the business leaders to think both critically & creatively in order to be successful in their area of expertise. Leaders are expected to be operating at such rapid pace, in this high level of business environment that critical thinking coupled with an ability to be creatively inclined while implementing business decisions and problem solving is paramount to success. Even though critical thinking may seem like a “soft skill” from a distance, it is in fact, a key component for a leader to have, not a luxury but an essential quality. Criticality assesses; Creativity originates. This exemplifying interdependence between these qualities explores and requires the art of questioning critically like Socratic questioning. A leader who constantly questions the norms, to get to the bottom of things and implements the art of questioning questions in order to better reflect on problems is successful professionally.(Boghossian, P. (2006)). Operations and supply chain management is a field of business that requires this art of thinking critically and implementing creatively; these managers in operations are continuously cajoled to think “outside-the-box”; implicitly eschewing that the...
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...within the Supply Chain La’Trice L. Watson American Military University Abstract Logisticians continually make strategic level decisions in order to manage uncertainty, customer service and cost. Clients such as manufacturers, raw materials suppliers, distributors, retailers and shippers are provided a service by logistic service providers within the supply chain which makes it necessary to formulate strategies (Davenport, Jarvenpa, & Beers, 1996). Logistics is a part of the supply chain, which plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption to meet the clients’ needs (Butterworth-Heinemann, 2004). A number of logistical strategies exist from company to company, each claiming to be more efficient, faster, and better than their competitors. Any logistical strategy should contain some common components that supports the company’s overall logistics strategy (Waters, 2003). An effective strategy can be established for any logistical situation utilizing these four components: Agile logistics, lean management, a good relationship with vendors and effective technology systems. Logistical Strategies within the Supply Chain Because supply chain strategy depends on the type of supply chain a company uses, the type of functional strategies chosen should complement the type of supply chain that the...
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...The Supply System within the United States Navy James S. Reece Webster University Abstract This paper examines the supply system practices of the United States Navy within the context of naval wide fleet support. In today’s ever changing economy it is imperative that our national security forces stay current with practices and procedures of procurement of the finest materials needed to provide worldwide support for our nations warriors on the ground, airborne, and afloat. The supply system in general is a major player in the fight against terrorism, and national security in today’s society and has played this same critical role in many battles of the past. Without the in depth and vast support of the military supply system, we as Americans may not be walking freely as we do today. From the latest advances in weaponry to the nuts and bolts of each ship or aircraft, the naval supply system has proven to be the department responsible for delivering these vital parts to our security afloat and ashore enhancing combat capability. Throughout this paper I will give a brief history and evolution of the Navy Supply Corps, I will discuss the different aspects and missions of the Naval Supply Systems Command (NAVSUP) to include each major supporting supply department, and I will cover the detailed government contracting process that supports the mission readiness of the United States Navy. My ultimate goal for this paper is to provide a base line understanding on the naval supply...
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...[pic] [pic] Wal-Mart Case Study – RFID and Supply Chain Management FINAL PAPER By Group 2 Group Members: Angrish, Sangita Chivukula, Venkata S. DeWitt, Brendon Patel, Raxesh Shamsi, Shazeb Yellapragada, Ramachandra Date: November 30, 2005 Table of Contents Introduction 4 Why RFID over Bar-Code? 4 RFID Infrastructure 5 Introduction to Supply Chain Management 7 Wal-Mart Introduction and its Business Processes 9 Operations 9 Business Model 10 Market Strategy of Wal-Mart 10 Organizational Development 10 Competitive Advantage 11 Market Opportunity 11 Supply Chain Management at Wal-Mart 11 Procurement and Distribution 11 Logistics Management 12 Inventory Management 12 RFID in Wal-Mart 13 Efficiency in Supply Chain with RFID 14 Wal-Mart Suppliers 15 Kimberly-Clark 15 Kraft Foods 15 Gillette 15 Current Usage of RFID 16 RFID in Military 16 Successful RFID Implementation in different Industries 17 Volkswagen 17 Supermarket tries out smart tagging 17 Sun Microsystems sets up RFID test centre in Scotland 17 I.B.M. Expands Efforts to Promote Radio Tags to Track Goods 17 Texas Instruments 17 EPC global Network 18 Limitations and Challenges of RFID 18 Future of RFID 20 Future Applications 20 REFERENCES: 22 Introduction Technology is inevitable in every sphere of life today; it has always made things easier. Wal-Mart works on the same strategy, from the...
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...Penn State University Press Historical Perspective of the Logistics and Supply Chain Management Discipline Author(s): R. Neil Southern Source: Transportation Journal, Vol. 50, No. 1 (Winter 2011), pp. 53-64 Published by: Penn State University Press Stable URL: http://www.jstor.org/stable/10.5325/transportationj.50.1.0053 Accessed: 08-10-2015 12:36 UTC Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at http://www.jstor.org/page/ info/about/policies/terms.jsp JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. Penn State University Press is collaborating with JSTOR to digitize, preserve and extend access to Transportation Journal. http://www.jstor.org This content downloaded from 111.68.99.23 on Thu, 08 Oct 2015 12:36:12 UTC All use subject to JSTOR Terms and Conditions Historical Perspective of the Logistics and Supply Chain Management Discipline R. Neil Southern Abstract The purpose of this article is to examine the evolution of the study of business logistics and supply chain management from the perspective of one who has participated firsthand in the discipline in industry and academic positions over the past...
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...Quality Management in the Manufacturing Industry: Learning from Defence Posted on 25 January 2012 by Ruth Chrystie| Leave a comment The manufacturing and engineering industries are changing rapidly as the current economic climate is forcing customers to critically examine their procurement budgets and the products and services they want are changing. This is particularly true of governments. In the Defence Industry we are seeing a move away from high tech weapons systems towards security and information systems. Traditional quality management approaches are being developed for these new areas to ensure that the Defence Industry continues to deliver the dependable, complex systems its customers need. A good example of quality management development is in the manufacture of the new F35 Lightning II Joint Strike Fighter (“the world’s foremost stealthy, supersonic, survivable, lethal, supportable and affordable multi-role fighter”), which is taking us to unprecedented rates of production for military aircraft, requiring the need for ‘right first time’ performance from the entire supply chain. The Defence Supply Chain therefore is central to delivery of these complex products and services. The SC21 project, lead by the Trade Association ADS, is focused on supply chain improvement. Based on agreement to a single “Continuous Sustainable Improvement Plan” with key customers, SC21 supports companies to establish sound quality management through the adoption of the EN9100 standard...
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...Radio Frequency Identification Uses in Inventory Management By: Jared Farnsworth, LAT In the fall of two thousand two I was introduced to radio frequency identification or RFID while I was doing my advanced individual training (AIT) for the military in Fort Lee, Virginia. At this time RFID was still in its infancy and not too many people were using RFID at this time. Not really too much was known about the benefits that it provided for inventory management either. The military was in the beginning stages of development and found it useful to link all of the databases at every military installation to make inventory control that much more reliable. Throughout my career in the military I used the RFID system quite a bit, mainly for inventory management. I used it for the control of medical equipment for the Army hospital that I was attached to. Everything had to be documented since all the supplies were highly vital to the proper running of the hospital. Other uses for the RFID system are for loss prevention, tracking inventory replenishment, managing work-in progress, and the removal of production waste through lean management. However certain problems do exist with the RFID system such as misuses and privacy issues. Over the next few paragraphs the benefits and problems with the RFID system will be discussed. “Theft and loss prevention and price markdown management are two of the most promising uses for radio frequency...
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...Introduction FedEx is a network of companies that provides specialized shipping, global trade, supply chains and information services to its customers. The organization’s service area includes 220 countries and territories including every address in the United States while employing more than 270,000 people worldwide. FedEx Corporation has a global headquarters in Memphis, Tennessee that leads the operating companies bearing the FedEx name worldwide including FedEx Express and Home Delivery, FedEx Ground, FedEx Freight, FedEx Kinko’s and Print Services, FedEx National LTL, FedEx Custom Critical, FedEx Trade Networks and FedEx Supply Chain Services. (X Facts, 2007) FedEx will produce superior financial returns for shareowners by providing high value-added supply chain, transportation, business and related information services through focused operating companies. Customer requirements will be met in the highest quality manner appropriate to each market segment served. FedEx will strive to develop mutually rewarding relationships with its employees, partners and suppliers. Safety will be the first consideration in all operations. Corporate activities will be conducted to the highest ethical and professional standards. FedEx is committed to making each customer’s experience positive as the company strives to uphold its promise “We Deliver”. Technology plays a key role in the organization’s ability to continually support customer service goals. FedEx’s technology is constantly...
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...Running head: DIVERSITY AND THE BOEING COMPANY The Boeing Company, the Struggle to the Top Introduction to the Boeing Company Boeing is one of the greatest aeronautical companies in the world and they have developed many innovative products and are using the most state of the art managerial, engineering and research known to man. “Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Additionally, Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. As a major service provider to NASA, Boeing operates the Space Shuttle and International Space Station. The company also provides numerous military and commercial airline support services. Boeing has customers in more than 90 countries around the world and is one of the largest U.S. exporters in terms of sales.”(Boeing.com) “Boeing is organized into two business units: Boeing Commercial Airplanes and Boeing Defense, Space & Security. Supporting these units is Boeing Capital Corporation, a global provider of financing solutions; the Shared Services Group, which provides a broad range of services to Boeing worldwide; and Boeing Engineering, Operations & Technology, which helps develop, acquire, apply and protect innovative technologies and processes.”(Boeing.com) I have worked for the Boeing Company’s Defense, Space &...
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