...Supply Chain Paper Supply Chain Paper Supply chain logistics is a fundamental component of the global economic system. Goods can change hands from a variety of different global companies, which some form of value being added at each stage. The supply chain can be best described as "the complete set of firms and facilities and logistic activities that are involved in producing materials, transforming them into intermediate or finished products, and distributing them to customers” (Perreault, 2011). In the context of marketing, the following paper will map the supply chain of the solar panel industry. Solar panel is a growing industry that has seen a massive amount of growth over the last 10 years. Each major piece of the supply chain is outlined in detail, which includes the manufacturer, distributor, and retailer. Manufacturer Solar panels are an alternative energy source that is used for a variety of applications in commercial and residential settings (First Solar, 2014). The majority of panels are manufactured overseas where companies can take advantage of lower labor costs. Under the direction of U.S. based firms, the typical supply chain of a solar panel company may include the following roles. * Designs the technical layout and schematics of the solar panel. * Plans the product mix and materials * Tests safety of technology before wide release. * Sources raw materials, such as aluminum and silicon diodes. * Creates branding to back-up the...
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...MKT 421 Week 5 Map the Supply Chain Paper Name University Map the Supply Chain – Introduction Supply chain logistics is a fundamental component of the global economic system. Goods can change hands from a variety of different global companies, which some form of value being added at each stage. In the context of marketing, the following paper will map the supply chain of the solar panel industry. This is a growing industry that has seen a massive amount of growth over the last 10 years. Each major piece of the supply chain will be outlined in detail, which includes the manufacturer, distributer, and retailer. Manufacturer Solar panels are an alternative energy source that is used for a variety of applications in commercial and residential settings. The majority of panels are manufactured overseas where companies can take advantage of lower labor costs. Under the direction of U.S. based firms, the typical supply chain of a solar panel company may include the following roles. * Designs the technical layout and schematics of the solar panel. * Tests safety of technology before wide release. * Sources raw materials, such as aluminum and silicon diodes. * Creates branding to backup the quality of the product. * Improves product designs based on customer feedback. * Ensures panels meet environmental compliance regulations. Some of the largest solar panel manufacturers include First Solar, Sun Power, and LDK Solar. These brands compete with each...
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...Manufacturing: Supply Chain Design Paper Riordan Manufacturing, a leading global manufacturer of plastic containers, parts, and fan parts, is wholly owned by Riordan Industries, Inc. Riordan’s fan manufacturing plant was purchased in 1992 when it was located in Michigan. In 2000, the company moved its fan manufacturing operation to China where it now resides. Riordan schedules manufacturing of fan parts based on forecasted production needs using an averaged three year sales history. Riordan’s make-to-stock system benefits customers who need products quickly with orders filled from inventory when received. Riordan employs a robust shipping department including a variety of reliable shipping solutions from the plant in China to worldwide customers. Riordan Manufacturing’s electric fan production plant is continually analyzing its strategies. Process flows, performance metrics, supplier relationships and supply chain efficiencies, lean production principles, and sales forecasting are essential to the success of Riordan. The company uses reports and plans for material acquisition, production, and scheduling in its manufacturing facilities. Riordan’s Manufacturing Strategy Riordan’s manufacturing strategy is a stable workforce for two reasons; first, “it schedules production of fans to meet the forecasted sales” and the forecast is calculated by “taking the average of sales for the last three years and extrapolating it into the next year” (Riordan Mgf. Operations - Supply Chain (Hangzhou...
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...Supply Chain Design Paper Review: The Riordan Manufacturing Virtual Organization Harlan Gary OPS/571 18 August 2014 Patricia Ford Create a sales forecast for electric fans using selected techniques Riordan Manufacturing sales forecast for the demand of fans is based on 2006 and 2007 average sales for the last 24 months and projections increasing the amount in the third year. The purpose of this sales plan is to help the sales organization prioritizes activities and resources for 2006 in an effort to meet or exceed the stated sales objective (University of Phoenix 2013, Riordan Manufacturing, retrieved from University of Phoenix OPS/571 website). Riordan’s strategic plan involves marketing, and product development, pricing strategy, and sales team productions. In forecasting, a customer demand is a primary factor that requires techniques for final approval on capacity for individual products and expected sales. The $50 million goal has two important factors: Increased sales to existing customers by increasing sales force promotions, price discounts, and customer group services, and expanded sales to new customers by implementing public relations activities trade shows, brand development and sales force promotions (University of Phoenix. 2013, Riordan Manufacturing. Retrieved from University of Phoenix, OPS/571). Table 1. 2006 Sales Forecast for Electric Fans 2005 | | Average Units Sold Based on Actual Data | Deseasonalized Linear Regression Average...
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...Company Background • Sport Obermeyer designs and merchandises high-end skiwear from its Aspen, Colorado headquarters. • The products are sold in U.S. department stores and specialty ski shops. • Although it has a global supply network, most production is done in Hong Kong and China by its partner, Obersport. Sport Obermeyer Supply Chain Management MGT 690 June 5, 2010 2 Obersport The Supply Chain Shell Fabric • Established in 1985. • It is a joint venture between Sport Obermeyer and a Hong Kong based partner. • Obersport handles the raw materials and production for all of Sport Obermeyer’s production in the Far East. • Production is done in independent subcontractors located in Hong Kong and China. Lining Fabric Insulation Materials Cut/Sew Distribution Center Retailers Snaps Zippers Others Textile Suppliers Obersport Obermeyer Retailers 3 4 Planning Cycle Planning Cycle Cont. • Design begins in February of the year before the garments will appear in stores. • As soon as designs are finalized, samples are produced and shown to retailers during the Las Vegas show. The show is usually held in March. • Concurrently, materials and components are ordered for the initial production order. • Usually receive 80% of the annual order volume the week after Las Vegas show. • During June and July the garments are transported to Obermeyer’s Denver warehouse. This takes approximately six weeks...
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...(profitability). SC=customer value -SC cost SC Decision phases: 1 - SC Strategy (design)– how to structure the supply chain over the next several years. EX: in-house or outsourcing, location and capacities of production and warehouses, products to be manufactured or sored, modes of transportation and type of info system to be utilized. 2 – SC Planning – time frame is a quarter to a year. The goal here is to maximize SC surplus that can be generated over the panning horizon given the constrains established during the strategic phase. Includes decision about which MKT will be supplied from each location, subcontracting g of manufacturing, inventory policies time and size of marketing and price promotions. 3 – SC Operation – time horizon is weekly or daily. Decisions regarding individual customer orders. SC config. here is fixed and planning policies are already defined. The goal is to handle incoming customer orders in the best way. Allocation of inventory or production to individual orders, set dates when an order is to be filled, generate pick lists at a warehouse, allocate an order to a shipping mode and shipment, set delivery schedule of trucks and place replenishment orders. Less uncertainty about demand info. (short term). Process views of a SC: 1 - Cycle view – processes are divided into a series of cycles, each performed at the interface between two successive stages of a supply chain. Procurement cycle (suppliers to manuf.) – Manufacturing cycle (manufacturer to dist.), replenishment...
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...Manufacturing: Supply Chain Design Paper Riordan Manufacturing, a leading global manufacturer of plastic containers, parts, and fan parts, is wholly owned by Riordan Industries, Inc. Riordan’s fan manufacturing plant was purchased in 1992 when it was located in Michigan. In 2000, the company moved its fan manufacturing operation to China where it now resides. Riordan schedules manufacturing of fan parts based on forecasted production needs using an averaged three year sales history. Riordan’s make-to-stock system benefits customers who need products quickly with orders filled from inventory when received. Riordan employs a robust shipping department including a variety of reliable shipping solutions from the plant in China to worldwide customers. Riordan Manufacturing’s electric fan production plant is continually analyzing its strategies. Process flows, performance metrics, supplier relationships and supply chain efficiencies, lean production principles, and sales forecasting are essential to the success of Riordan. The company uses reports and plans for material acquisition, production, and scheduling in its manufacturing facilities. Riordan’s Manufacturing Strategy Riordan’s manufacturing strategy is a stable workforce for two reasons; first, “it schedules production of fans to meet the forecasted sales” and the forecast is calculated by “taking the average of sales for the last three years and extrapolating it into the next year” (Riordan Mgf. Operations - Supply Chain (Hangzhou...
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...Supply Chain Design Paper Riordan Manufacturing Riordan Manufacturing Inc., was formed in 1991 and is a global plastics manufacturer. The manufacturer’s locations are in Albany, GA, Pontiac, MI, Hangzhou China and the company’s headquarters is in San Jose, GA. The manufacturer has over 550 employees and it is owned by Riordan industries. Major customers are automotive part manufacturer, aircraft manufacturer, the Department of Defense, beverage makers and appliance manufacturers. Riordan’s Manufacturing Strategy Riordan Manufacturing uses a level strategy in production planning and scheduling. They use this kind of strategy because there are a lot of benefits. Employees have stable work hours, therefore scheduling become easier to compute. The stable workforce strategy varies the output by changing the number of hours worked through flexible work schedules or overtime (Jacob and Chase, 2011). Employees learn their specific work in standardized processes therefore the production is easy to forecast at any given time. Riordan Manufacturing makes products based on an average continued sales forecast of three years. (Riordan Mgf. Operations - Supply Chain (Hangzhou, China), 2014). This keeps a small inventory for the demand fluctuation. Other components of a level strategy are consistent scheduling which arranges a predicted amount of goods for production based on the total demand for products and maintaining stable workforce surpluses that can accumulate where there is a low...
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...Supply Chain Management Final Paper Name: Student ID: Instructor: [Abstract] With the updates of music carriers, the market of headsets expanded quickly. Using the in-ear headsets as a sample product, this paper works on the requirements, souring, logistics, sustainability and costs of the product, and finally works out a supply chain for this product. [Keywords] Supply chain management, headsets Overview Product introduction I choose customized in-ear headsets (or earbuds) as my product. And my firm will be located in Shanghai, PRC. Several colors and different sound drivers are provided. The type of sound drivers used in the headsets, the appearance of the shells and the cable color are determined by customers. Background information As music players get smaller and smaller today, people found there’s no more space for the convenience promotion of music carriers. Thus, customers start to focus on the quality of music they hear. In the past years, the market of earbuds especially those in-ear headsets whose price is over $50 has expanded, and becomes a 10-billion trade. I’m quite interested in audio products and this idea came out when I was looking for a new earphone on some e-stores. That moment I was browsing the official site of Ultimate Ears, the very famous brand of professional ear monitors, and it’s also well known for its customized in-ear monitors for vocalists. I hope to figure out how this kind of customized-pattern works if it is applied...
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...Introduction In examining, the case study on Crocs; it displays an overview of the company’s objectives in operations to include the supply chain. This examination reveals the success behind how the company thrives in times when others are unable. Part of Crocs leading objectives and primary function is to reinvent the supply chain to provide less shortages and increase awareness and customer satisfaction. This paper will outline a brief overview of company history, Crocs two primary core competencies and in which manner do they exploit them; continued evaluation will cover vertical integration, acquisition, or product extension growth. Further discussion consists of company production and inventory as well, as how margins affect their decisions. History and a Foundation for Core Competencies Lyndon Hanson, Scott Seamans, and George Boedecker created Crocs, INC. in 2002 out of Boulder Colorado. The idea came from a trip taken by the three, where one of them had purchase a pair made from a company out of Canada. The decision to start a business selling the shoes was realized after they leased a warehouse in Florida; when sales took off, they contacted Ronald Synder a college friend who which was employed for Flextronics (electronics manufacture) in an executive position. The addition of Snyder was positive as he helped invent their supply chain strategy (Schroeder, Goldstein & Rungtusanatham, 2011). In historical industry practice, it was commonplace to build orders for...
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...The Role of the Engineer in the Value Chain Executive Summary In the recent past, value chain management has undergone radical transformation through various stages of automation, optimization and integration. This is based on a variety of reasons such as shortened technology and product development lifecycles, globalization, and pressures of competitive forces. This has forced organizations to review their value chain systems in order to survive and grow in such dynamic economic environments. In the field of engineering, value chains have become vital aspects of operations management when it comes to the application of engineering systems to the industrial and commercial processes. The main purpose of this paper is to disentangle the role of the engineer in the value chain. In this context, it will go further in analyzing the key elements of value chain and any accrued benefits that come with use of engineers in the value chain management. Value Chain Analysis The inception of Value Chain is associated with Michael Porter. He gives his understanding to this concept using a model he referred to as; “Porter’s value chain model” (Sekhar, 2009: 115). This model evaluates the strategically vital activities in a firm that boost its competitive advantage. Such competitive advantage is usually achieved through the core competencies of the firm. According to Porter, a firm is defined by a set of processes and functions which he classified into five main activities; the inbound...
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...Patil, Yash Robert Tanner 5/11/2014 BIP: Final Paper Time to do the Laundry At 9am on the 24th of April, a textile manufacturing building in Dhaka, Bangladesh collapsed due to oversight from supervisors. 1129 people were killed and an additional 2515 were injured as a result. Many of the higher floors didn’t have permits to be legally constructed[1]. The workers were making 52 dollars a month in wages and lived below the poverty line. The clothes manufactured here would be exported and sold in stores like Walmart. Situations like these exist around the world, but only get recognized when disaster occurs. Businesses are some of the biggest entities in the world. Some companies are even bigger than nations; 50 of the largest economies in the world are run by multinational companies; like General Electrics and British Petroleum which are bigger than UAE and Vietnam respectively[2]. The United States Government does provide 21 billion dollars in non-military aid to foreign countries, but this is nothing compared to the impact businesses can have. The textile industry in America alone generates 248 billion dollars in revenue and employs 75 million people globally. Businesses have the capability to empower workers and improve their mission while creating shared value[3]. What is shared value? CSV or Creating Shared Value is the process of aligning economic interests with societal interests to create value for stakeholders and shareholders. Corporations have taken on CSR or...
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...Abstract The paper examines the key factors influencing the adoption of e-business technology by SMEs. To this end, the paper draws on a range of literatures on the diffusion of new information and communication technologies (ICTs), many of which have hitherto been treated as separate. The reasons for this are two-fold. First, e-business technologies are the latest in a line of new ICT technologies. When exploited successfully, ICTs have increased firm competitiveness either by raising the efficiency of internal communication and organisation and/or supply chain relationships, or by facilitating the development of new/improved products and services. Second, it is hypothesised that many of the factors affecting the successful adoption of new technologies are generic in nature. With regards to SMEs specifically, consideration of earlier research may assist us in identifying a set of enablers and barriers to e-business adoption. Hence, by explicitly acknowledging the context and prior history of research in the area, we are able to map out the dimensions of future theoretical and empirical research in e-business adoption by SMEs. In addition to drawing together factors identified by existing research, the paper highlights the implications of network externalities for the timing of technology investments and the returns that accrue to early and late adopters. It also draws attention to a number of problems associated with the analytical concept of ‘the SME’ when it...
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...International Food and Agribusiness Management Review Volume 14, Issue 2, 2011 Agricultural Value Chains in Developing Countries A Framework for Analysis Jacques H. Trienekens Associate Professor, Wageningen University-Management Studies and Maastricht School of Management Hollandseweg 1, Wageningen, The Netherlands Abstract The paper presents a framework for developing country value chain analysis made up of three components. The first consists of identifying major constraints for value chain upgrading: market access restrictions, weak infrastructures, lacking resources and institutional voids. In the second component three elements of a value chain are defined: value addition, horizontal and vertical chain-network structure and value chain governance mechanisms. Finally, upgrading options are defined in the area of value addition, including the search for markets, the value chain- network structure and the governance form of the chain. Part of this component is the identification of the most suitable partnerships for upgrading the value chain. The three components of the framework are derived from major theoretical streams on inter-company relationships and from the literature on developing country value chains. The framework is applied in a case example of a developing country value chain. Keywords: Developing country value chains, research framework, upgrading Corresponding author: Tel: + 31 317 484160 Email: Jacques.Trienekens@wur.nl 51 2011 International Food...
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...POMS Abstract Number: 011-0371 Title: Managing Global Food Supply Chain Risks: A Scenario Planning Perspective A. Deep Business School, Loughborough University Loughborough LE11 3TU, UK Email: a.deep@lboro.ac.uk || Phone: +44.1509 223176 S. Dani Business School, Loughborough University Loughborough LE11 3TU, UK Email: s.dani@lboro.ac.uk || Phone: +44.1509228830 POMS 20th Annual Conference Orlando, Florida U.S.A. May 1 to May 4, 2009 Introduction Food is a fundamental requisite for human existence. An agrarian society shows the simplistic form of existence where agriculture forms the core of the society and is the prime means of support and sustenance. That, however, no longer remains the foundation of most of today’s developed economies where food chains are increasingly becoming complex and multi tiered. The chains start with agriculture and ends ultimately, with household consumption. But the numbers of entities between these ends encompass geographical, economic, political and social extremes. This compounded over uncertainty occurring from natural disasters, climate changes, epidemics and terrorist threats place the food supply chain in a particularly vulnerable position. The recent Chinese milk scare which left thousands of Chinese babies ill after consuming melamine tainted milk powder produced by the Chinese Sanlu Group required urgent action by New Zealand, United States and the European Union to issue product warnings to contain the spread of melamine related...
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