...Consequences & Prohibition of Certain Items to Board Planes April 14, 2014 Policy Analysis Two Abstract This paper explores the issue of the Transportation Security Administration (TSA)—the Federal Aviation Administration (FAA), allowing marijuana on planes, medical or not. This paper also addresses the issue of what steps TSA aviation security would follow as a procedure of an individual attempting to or boarding an airplane with marijuana. TSA has a “Prohibited Items” policy that specifically lists items prohibited from airplanes (“Prohibited Items,” 2014). This particular procedure would call for an adjustment in the TSA’s budget plan for the fiscal year 2015. Keywords: TSA, airplanes, FAA, prohibited items, medical marijuana According to the Department of Homeland Security, Transportation Security Administration (TSA), the Federal Aviation Administration (FAA), have certain items that are prohibited from being brought onto airplanes in carry-on and checked bags (“Prohibited Items,” 2014). Although some items are generally permitted, they may be subject to additional screening or they will even be rejected if they trigger any alarms during the screening process, appear that someone has tampered with it, or pose other security problems (“Prohibited Items,” 2014). Some dangerous items are illegal in certain states and passengers will be subject to the state laws. Each passenger is responsible for obtaining the knowledge that origination and destination cities...
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...dependent on the stock are eagerly waiting for products which could cause a serious problem within the supply chain. Another possible area of risk would be manufacturing if a machine breaks down production could be at a standstill or be unable to meet specific quantities of production for that day and lead time for repair/parts of the machine itself could take time. - Possible risk mitigating strategies that could be implemented to solve this issue would be to have the supplier pool its inventory and bring in stock locally and implement a risk pooling strategy where they would pool our safety stock along with others to cover our demands. For manufacturing as we produce batches of similar products at a time we can begin to implement a postponing differentiation strategy within our manufacturing, the parts are essentially made the same and the customizations can be done prior should a customer require a specific customization that can be accomplished within the production line at a later time for safety stock. The costs would remain low because the customization process is still done within the boundaries of manufacturing. - Tradeoffs for implementing risk pooling would be the costs of transportation for the supplier would be greater than the inventory reduced savings however transportation is taken care of on our side and thus transportation costs for delivering to us are not incurred. For the postponing differentiation strategy possible tradeoffs would include higher labor...
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...Research paper: Transportation Disruption QSO-635 International Supply Chain Management Zakaria ZRIG Mitch Kostoulakos Southern New Hampshire University 7/1/2015 Supply chain is a complex system; there are multiple links that participate in its success. Transportation is the main link in the supply chain. The disruption in transport affects critically the supply chain. How does transportation add value in a supply chain? What are the potential disruptions in transportation? How do the disruptions impact the performance of a supply chain? What are the ways to minimize transportation disruptions? Supply chain management consists of activities like manufacturing, distribution and transport. Especially, supply chain deals with locations and distribution which is the major part of the management. When it comes to transportation, it creates added value to supply chain by moving finished goods to various markets on time. Basically, value is to be created, expanded and retained. Transportation helps in lowering distribution costs, use of new technology and creates new market opportunities. It can be said that transportation is an essential trade union amongst all the elements of supply chain. Nowadays, supply chain has turned more into a global perspective and transportation is playing a key role in distributing the supply from suppliers to customers while simultaneously creating strategy to lower distribution costs. This is done through freight distribution strategy, which...
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...A critical analysis of Supply Chain Collaboration Techniques By Arun Table of Contents Introduction 3 Supply chain Management and Drivers of supply chain performance 3 Retail Industry supply chain overview 4 Bullwhip Effect 5 Reducing the “Bullwhip Effect” 6 Mitigating Bullwhip Effect by Improving Information Accuracy 7 Collaborative planning, forecasting and replenishment (CPFR) 8 Drawbacks of CPFR 9 Vendor Managed Inventory (VMI) 9 Drawbacks of VMI 10 Mitigating Bullwhip Effect by Improving Operational Performance 10 Vendor consolidation 11 Risk in using 3PL for vendor consolidation 13 Reducing Replenishment Lead time using Cross docking 14 Supplier selection for cross-docking 15 Benefits of Cross-docking 16 Disadvantages of Cross-docking 17 Conclusion 18 Appendix 19 Appendix A 19 Products suitable for cross-docking 19 Types of cross-docking 19 References 21 Introduction A Supply chain consists of all the participants and processes which are involved in satisfying the customer demand. The large amount of participants, variety of processes, dynamics and uncertainty in materials and information flow prove that the supply chain as a complex system in which coordination is considered as a key element for success. The lack of supply chain coordination between the participants results in a “Bullwhip Effect”. This report analyzes different techniques followed by Wal-Mart to improve coordination for reducing the bullwhip effect...
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...The project consists of three key components -Production of heavy oil from a new field in Venezuela’s interior -Transportation of the oil to coast via pipeline -Transportation of oil to refineries along the US Gulf Coast Once refined, the syncrude would be sold at market prices to Conoco under a DuPont-guaranteed off-take agreement. At the end of this 35-year purchasing agreement, Conoco will transfer its shares to Maraven at no cost. The sponsors agreed to use 40% of equity (40%) and 60% of debt to finance the project’s $2.425 billion total cost. The financial advisors, Citicorp and Credit Suisse First Boston, used a multi-pronged financing strategy to raise debt from commercial banks, development agencies, and bond investors. In the end, the sponsors raised $450 million in bank finance and $1 billion in Rule 144A bonds, all of which was non-recourse to the sponsors following completion of the project. The decision to finance this deal on a project basis was actually a dual decision regarding both financial and organizational structure. Risks analysis The purpose of this paper is to analyze how the sponsors allocated both contractual and residual risk in the Petrozuata deal. There are four general categories of risk: precompletion risks, operating risks, sovereign risks, and financing risks, but in this paper I will talk just about the last two risks, as being principal part of my contribution to the group case analysis, so here I am going to present the information...
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...locations have suitable dog parks and the availability of those dog parks. This is unique since dog parks have differing requirements and hours of operation. Some dog parks only allow big dogs or small dogs while some divide the two up and others will include every dog in one area. Also, which ones are grass and which ones might be all dirt. The research involved would take an extensive amount of time and money. Given each area that this service wants to operate in WAG! will have to be willing to sacrifice that time and effort. This is where weighing the cost of research will come into play. A big risk that WAG! Will face is the possibility of something going wrong at the dog park while in the care of the dog walker. The dog walkers are watching over the dogs to ensure that something won’t happen, but accidents happen and WAG! must protect themselves from this. During transportation of the dog in the car the driver is liable for any accident that might occur while driving. That is why they must be insured so they are covered of any liability for this. Liability insurance can run high so this is an added expense that the company must take on but it will ultimately save the company from being...
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...identifying project risks for a second Oresund Bridge project? What risks would you raise for each alternative? For such an extremely large project like this to identify project risks, I would start with the basic premise of a conducting a SWOT analysis which allows for identifying Strengths, Weaknesses, Opportunities, and Threats. Once SWOT analysis is completed, I would move forward to defining control of the project to indicate the following variances such as cost, schedule, scope and quality. Furthermore, bring in Subject Matter Experts (SME) to provide their input for mitigation strategy. Lastly, other risks to be raised for each alternative is to develop a risk management plan, project planning outputs, risk categories, historical information. By using these deliverables under the PMBOK risk processes called Risk identification. 2. What process would you use for categorizing project risks for a second Oresund Bridge project? How would you actually categorize them? I would use the qualitative risk analysis process for categorizing project risks because from a high level standpoint it allows me to evaluate each risk and designate the severity of the impact of the project and estimate the probability of the risk occurring in terms of high, medium and low. For categorizing project risks, my goal would be to isolate potential problems, therefore would categorize by breaking up the risks into different constraints of scope, schedule, quality and resources into a risk matrix. 3...
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...various sources of supply risks in an organisation and identify possible mitigation measures [20] Demand risk relates to potential or actual disturbances to the flow of product, information and cash, originating from within the network, between the focal firm and its market. It is interesting to note that during the current downturn disruptions in the cash resource within the supply chain has had a major impact on the operating capability of organisations.sc Supply risk is the upstream equivalent of demand risk; it relates to potential or actual disturbances to the flow of product or information emanating within the network, upstream of the focal firm. In a similar way to demand risk the disruption of key resources coming into the organisation can have a significant impact on the organisation’s ability to perform Environmental risk is the risk associated with external and, from the firm’s perspective, uncontrollable events. The risks can impact the firm directly or through its suppliers and customers. Environmental risk is broader than just natural events like earthquakes or storms. It also includes, for example, changes created by governing bodies such as changes in legislation or customs procedures. Risks internal to the corporation relate both to how the firm addresses the external risks and its competences to plan and execute its own business: Processes are the sequences of value-adding and managerial activities undertaken by the firm. Process risk relates to disruptions...
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...Recovery and Reinvestment Act (ARRA) into law. The Act provided stimulus spending in infrastructure, health, energy, education, unemployment insurance, social welfare programs, and many other areas of government interest. To address concerns from political opposition to that Act, ARRA included strong provisions governing transparency of the spending of taxpayer money. ARRA funds would be dispensed with strong requirements that taxpayers be able to monitor how their tax money is being spent. A major beneficiary of the stimulus funds was the Department of Transportation. To address the transparency issue, the department established a number of websites supported by servers and databases that the public could access to monitor the spending of their tax dollars. The DOT’s expanded web interface inherently exposed it to greater risk. This case study reviews an audit of that risk, the department’s shortfalls in mitigating the risk, its systems that may have contributed to those failures, and this reviewer’s recommended solutions. Case Study Review Situation That legislation required unprecedented levels of transparency and accountability for the billions of tax dollars that would be spent on various programs including infrastructure, research, education, arts, and sciences. For...
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...Chapter 9 Summary Majority of Chapter 9, Transportation Risk Management, speaks of the Risk Management Process. The Risk Management Process breaks down into four different categories or steps. These steps, not in any particular type of order, include Risk Review and Monitoring, Risk Identity, Risk Analysis and Risk Management. In step 1, risk identification, the goal is to capture as many transportation disruption risks as possible. Some of the techniques that are used for risk identification include brainstorming, interviews, surveys, historical data and documented knowledge. Brainstorming usually can be identified as meetings that are held with knowledgeable members that participate in conversations that create new thoughts and ideas. During brainstorming, they take the original ideas and help make them into a stronger, complete list of risks. Interviews and surveys differ from brainstorming because they are used to capture transportation risk information from individuals while brainstorming is used upon a group of individuals. Historical data and documented knowledge provide a collection of information about specific transportation activities, service providers and trade lanes. (Coyle, P. 295) Some of the common transportation disruption risks include product loss, product damage, product contamination, delivery delay, supply chain interruption and security breach. Product loss consists of product pilferage, shipment jettison, piracy and hijacking. Product damage contains...
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...INDIRECT TAXATION, IS IT GOOD OR BAD? Imposing Taxation is not bad after all because this is one way how government raises income or revenues to be used for the expenses of the government. Thus; a good taxation process is a foundation of the country’s economic status. Indirect taxation, levied on articles of consumption, has this great advantage,—that the consumer has the power of taxing himself or avoiding taxation as he pleases, and government has the satisfaction of knowing that he generally pleases to tax himself to the full extent of his means. Any man may regulate his expenditure as he thinks proper, and he has only to pay indirect taxes in proportion to his expenditure. This privilege of self-taxation is so highly prized, that the proposal to do it away by the imposition of an income tax, constitutes to many minds a valid and insurmountable objection to a tax which would press in an equal ratio on all, without regard to those just and rational motives by which men regulate their expenditure, and, as a consequence, the amount of their indirect taxation. We have seen that the advantages of indirect taxation are, that it is voluntarily imposed by each individual on himself; that he can increase or diminish it as his private circumstances require; that government rather gains, than loses, by allowing this liberty of self-taxation, as, in general, men tax themselves to the full extent of their means. Indirect tax collected by manufacturer from distributor and distributor...
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...Assignment 2: Critical Infrastructure Protection Strayer University Introduction In the wake of a terrorist attack, natural disaster, or emergency, the Department of Homeland Security (DHS) is prepared to respond. DHS primary responsibilities are combatting terrorism, securing boarders, enforcing immigration laws, safeguarding cyberspace, and responding to natural disasters. Coordination with the federal response teams and partnerships with local, state, and private sectors, enhance the DHS response tactics in a national emergency. Department of Homeland Security Mission, Operations, and Responsibilities The Department of Homeland Security’s mission is to keep America safe, protected, and resilient from various elements that threaten the country. As identified by (dhs.gov, 2013) DHS has three key concepts that strategies are based upon security, resilience, and customs and exchange. The process that defines homeland security missions and incorporates the key concepts is the Quadrennial Homeland Security Review (QHSR). DHS missions are spread across the enterprise and do not only cover DHS. The delegated missions define in detail how to prevent, protect, respond, recover, secure, ensure resilience, and facilitate customs and exchange as noted by (dhs.gov, 2013). Department of Homeland Security operations encompass five core objectives. The objectives covered under DHS are prevention of terrorism and enhancing security; secure and manage our boarders; enforce and administer...
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...J & J Financial Services Risk Identification, Ranking and Monitoring The J & J Financial Services is a project in the making. It is designed to provide short-term loan to qualified customers within the rural community of Grand Gedeh, in the Eastern Region of Liberia, West Africa. The proprietor of this set up contacted me to assist him in developing a risk analysis for his project. Giving my training and knowledge of what I have studied and know from my PM course, I advised him that the way to begin is to start a brainstorming session in order to explore and identify the potential risk for this project. The brainstorming process as indicated by (Cooper, 2005) allows for those involve in the risk identification process to exploit their creative capacity in the preliminary identification of a wide range of risks. Hence, in following this approach, an arranged meeting was scheduled for the J&J Financial Services’ proprietor, the Prospects Consultant Group, (PCG) Executive Manager and I to meet at the Offices of the (PCG) offices to begin the Process. The below outcome is what emerged as an initial risk assessment for the J&J Financial Services. Brainstorming Session The PCG offices provided the space and resources that were used to begin the process: a manual whiteboard, board markers, note pads, and other essential logistics were made available. Identifying and Defining the Elements 1. Inadequate transportation 2. Fire hazard 3. Competitor’s threat ...
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...Mitigating the Adversity of Outsourcing: Outsourcing from the Employee’s Perspective Schillen & Steinke Mitigating the Adversity of Outsourcing: Outsourcing from the Employee’s Perspective Sarah J. Schillen Seattle Pacific University USA sschillen@gmail.com Gerhard Steinke Seattle Pacific University USA gsteinke@spu.edu ABSTRACT This paper explores how outsourcing activities and decisions put the well-being of the remaining employees at risk, ultimately affecting productivity and creating further costs to the employer. It highlights four potential threats to remaining employees: trust, job satisfaction, motivation, and stress. The paper provides several suggestions for mitigating these impacts, including communication to retain trust, acting ethically to ensure satisfied employees, seeking an understanding of employee perspectives to build employee motivation, and providing good planning along with training and development to reduce employee stress. INTRODUCTION Globalization provides organizations with more options than ever before. Business leaders are continuously encouraged to adapt, reevaluate, and strategically improve processes and approaches. Best practices are reinvented rapidly in attempt to keep up with market trends. The quest to recognize new methods for increasing revenue has become the inspiration for exploring new management techniques and strategies. One such rising trend in the advent of global markets is that of outsourcing. Common purposes for outsourcing...
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...Cisco Systems, Inc.: Collaboration on New Product Introduction Viking Project Cisco 1. What are the challenges and risks faced by technology companies in new product introduction? When an introducing new product there are several challenges and risks that technology companies face and must take into account before starting development. The technology industry is rapidly changing with new technology being developed and introduced every day. Therefore, time is of most importance and indeed a challenge that technology companies face. There were several examples of ´time to market pressure´ in the case of Cisco Systems Inc. While their new product took several years of development work they had a deadline they had to meet and launch the product extremely quickly, or else they faced the risk of losing market share. In these years of development, new product introduction can be very expensive where companies usually risk spending a lot of money and make large number of prototypes with little certainty that the product design will meet customer requirements. When the product finally enters the market, customers might already have a product that fulfills their needs or they might not even want such a product any longer since the industry is in constant change. Thus, a two-way street with customers is very important in a product´s development as mentioned in the case. Furthermore, in our globalized world today, technology companies also face the challenge of making a design that can...
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