...Map the Supply Chain Paper My significant other and I recently decided to watch a documentary that changed our outlook on an item everyone uses every day, plastics, specifically plastic bottles or bags. In the Pacific Ocean there is a place called the plastic island. This place is a generalized area near midway where the currents drag plastic bottles and other plastic items into. It’s a lull in the middle of the ocean where they all collect. Tons of plastic, from bottles to bags to buoys and computer monitors that are plastic float to this area and are collected onto the beach and piled up. They affect the wildlife, and kill coral reefs. Plastic bottles are one of the most widely used items today to make up all our soda bottles, water bottles and other consumables and we end up using them quick and throwing them away only to pollute the environment. I will map out each step in the supply chain of the water bottle industry. The first stage where all plastics come from is petroleum, though there are other options available the basic form of making plastics comes from petroleum, this is drilled out of the ground mostly from oil platforms in the ocean. At this point all the oil that is pumped out is stored on the platform or piped across the sea floor to a holding tank. The oil is unrefined petroleum oil that can be used for a multitude of products though it needs to be refined and impurities taken out to make it into those products. The next stage of...
Words: 954 - Pages: 4
...Map the Supply Chain Paper MKT – 421 December 15, 2014 University of Phoenix Map the Supply Chain Paper The supply chain of the oil industry can be difficult to most, including the persons that work in the industry. The reason I chose this particular industry is that my husband works in it and thought it would be interesting to know more about the process. If it is hard for those within the industry it can be even more difficult to understand for those who depend on their services and or products, which basically covers the vast majority of consumers. In order to understand the industry more completely it is necessary to break it down. The use of the supply chain process outlined in this paper helps to clarify the critical systems, their key functions, and the consumers and the industry related services that are at the mercy of on this source of energy. The understanding of these key components – the issues that can occur over various stages of development, production and distribution, and the codependency that our nation’s energy substructure is made up of – all of which make up the supply chain and where they fit into the entire process, helps to assist in putting it all into perspective. The general outline of the oil industry supply chain is identify, explore, design/construct, production, pipeline, refining, short-term storage, terminal, power plants, essential manufacturing (ex. Plastic, refined gases, medical, etc.) blend, shipping or ports of call and point...
Words: 879 - Pages: 4
...Map the Supply Chain There are many industries out there that I could have chosen however, I felt that the industry that I currently am employed in is one that not much people think about. When you are at that ripe age of 16 all you think of is that freedom of having a license to drive. Not much thought goes into what it really takes to get to that prize. Department of Licensing The first link in the Supply Chain is the Department of Licensing. They are the ones that research the data and determine what would be an appropriate age at that State level for licensing to occur. They are not however the ones that make the ultimate decision. Many people are under the impression that they are the ones that make up the laws and have the ultimate authority of any new and upcoming restrictions. This however is not the case. They are the ones who do most of the research data and report to the legislature and Insurance Commission and they are the ones who actually have the ultimate vote on whether a particular bill becomes law. The Department of Licensing is however the entity that oversees the training both in the Public Schools and in the Private Sector. There are many regulations that are involved in maintaining equality through each individual state. It is at this level that both the Training School and Instructors and Examiners are licensed. It is at this level that you are tested with both a written examination as well as a skills examination to make sure that you are...
Words: 852 - Pages: 4
...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...
Words: 695 - Pages: 3
...covered in the supply chain management course. The task also requires showing the understanding of the different supplies needed for delivering the product and how these supplies could be made sustainable. This analysis will enhance the student’s understanding of the issues often experienced when managing the internal and external supply chain which often fails to deliver the customers supply needs. As part of the assessment, students will need to draw a detailed computerised process map/model which takes into perspective the various interactions between the organisation, the customers and the suppliers. The headings that need to be covered in the report are: 1. Describe the product and its key characteristics with relation to the objective and perceived sources of quality explained in the textbook. How to answer the question: Students will need to research and find information about the product in addition to reflecting on the quality explanation from chapter 2 of the textbook. 2. Explain why it is important for organisations to continue innovating this product, how this innovation impacts the supply chain and the type(s) of product innovation categories this product went through during its lifecycle. This will need to be explained in relation to the chapters covered in the textbook. 1 How to answer the question: Students will need to research and explain why it is important to continue innovating this product and how this innovation will impact the supply chain. Students will...
Words: 1413 - Pages: 6
...obtain visibility of the whole supply chain. One of the most commonly used methods is Risk Map, which allocates the possible supply chain risk according to their occurrence frequency and impact on the supply chain. In the practice and theory, there are several Risk Maps are available such as 3 to 3, 4 to 4, 5 to 5 and, etc. Example to the 5 to 5 Risk...
Words: 794 - Pages: 4
...1) What are Crocs’ core competencies? Crocs’ competencies are supply chain management and small-retailer level marketing, just in time distribution. Crocs has used its core competencies to build a brand familiarity and popularity and to distribute new models and accessories in mid-season. Their supply chain management has helped the company to create a stronger maturity map for their products, and to extend the maturity map through marketing. (Figrure 1. [write a brief description first]. Taken from the Crocs presentation) 2) How could Crocs exploit their core competencies in the future? Consider the following alternatives: a. Further vertical integration into materials b. Growth by acquisition c. Growth by product extension In the future, Crocs could grow, both by acquisition and by product extension. For product extension, they should use the Japanese product development map what it is called don’t remember any more (this development tree map can be seen below). Focus on the IP (formula) and reuse it on other products [This is a fragment connect it to previous senetence or make it a sentence. I don't understand what do you want to say by it]. This should give them a good map and guidance what product markets they can enter and extend the markets that they can work on. Product extension could create a confusion for the brand if they let it stretch on all product groups but it could be a strength also as its different products could be easily differentiated from...
Words: 832 - Pages: 4
...D’Amore-McKim School of Business Supply Chain Data Visualization by Mapping and Geographic Analytics (GA) Sandeep Kumar Karumuru 04/19/2016 Image1 Research Paper submission for Supply chain management (Spring 2016) To Distinguished Professor of Supply Chain Management Dr. Nada R. Sanders 1 Table of Contents Abstract 3 Overview 4 Background 5 Supply Chain Visualization 6 Supply Chain Mapping 7 Geographic Analytics 8-11 Business Example 12 Future Trends 13 Benefits and Challenges 14 Conclusion 15 Bibliography 16 2 Abstract The focus of this research paper in on the process of how workflow is handled in a typical supply chain environment. There are numerous areas of focus that come to mind when we talk about improvements for a supply chain but the process itself is not given enough significance. The research paper covers the most popular process in use, from spreadsheets to its immediate future evolution i.e. visualization tools for supply chain data. There are several tools that exist in the market, each of them have their advantages and disadvantages when used in a certain environment. Supply chain mapping is one such tool that many companies are already utilizing but the mapping tool which gives a visual representation of the entire supply chain network is only an abstract network map and so it has its shortcomings. In contrast, supply chain mapping can be utilized alongside...
Words: 2865 - Pages: 12
...the Supply Chain SCM 309 Fall 2014 INTRODUCTION Supply and supply chain risk refers to the probability of an uncertain or unpredictable event occurring that affects one or more of the parties within a supply chain. These events can negatively influence the achievement of business objectives. Risk has been present in supply chains as long as there has been someone looking to purchase goods and services and someone willing to sell them. Furthermore, it is widely accepted that risk will likely increase in most supply chains as businesses continue to expand globally. In fact, we could easily argue that many of the supply chain initiatives that are pursued today actually introduce risk. Lean manufacturing, just-in-time and reduced inventory, international purchasing, and increased outsourcing all can increase an organization’s exposure to risk. We should make no mistake about it: the complexity and relentless cost and performance pressures of today’s business environment only serve to remind supply managers that managing risk in the supply chain must be at the forefront of their agenda. ASSIGNMENT OBJECTIVES At the conclusion of this assignment, participants should recognize the importance of: * Understanding the concept of risk and its implications for supply strategies...
Words: 703 - Pages: 3
...Chapter 02 Strategy and Sustainability True / False Questions 1. | An operations and supply chain strategy must be integrated with the organization's corporate strategy. True False | 2. | One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost. True False | 3. | One of the competitive dimensions that form the competitive position of a company when planning their strategies is delivery speed. True False | 4. | One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off. True False | 5. | The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio is called flexibility. True False | 6. | The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio it is called straddling. True False | 7. | By following a straddling strategy, firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success. True False | 8. | An order winner is a set of criteria that differentiates the products or services of one firm from...
Words: 6726 - Pages: 27
...Chapter 8 Strategic Planning and Ten–Ten Planning To be strategic is to have plans of action that provide directions for operating in an uncertain world. In this section, our focus is on developing strategic plans to compete in a world characterized by monopolistic competition. Notice that the emphasis is on plans of action and not on a single plan. There is no single plan or single planning approach that can deal with the complexity of contemporary markets. What is needed is a continuous process for churning out new plans, for differentiated products and services, in order to compete in a dynamic environment. This chapter presents a brief overview of the various approaches to strategic planning and provides an overview of the planning literature. There is a lot of material to slog through, but each approach to planning has something to offer. This overview will set the stage for presenting the Ten–Ten planning process in the next chapter. The next chapter will integrate the various planning approaches and present a simplified, yet robust approach to planning called the Ten–Ten planning process. The key benefit of the Ten–Ten planning process is that it can be used for developing business plans in a very short time span. 8.1 Planning Concepts There are two generic planning strategies that a business can pursue.Michael Porter originally identified three generic strategies. He noted that a business can also focus on a market that is not very competitive. Most people consider...
Words: 6434 - Pages: 26
...help of value stream. A case study in Pakistan based restaurant has been carried out to illustrate this. A current state value stream map has been developed. Value stream map highlights opportunities to improve wastes and problems along the restaurant supply chain. Results indicated a non value adding steps of 29% at the processing. Value stream can be readily applied to restaurant industry. Keywords – Value stream mapping, Restaurants, Pakistan I. INTRODUCTION Lean manufacturing organization will think more on its customers rather than about running machinery to maximize capacity in order to cover labor and overhead costs. A study by [1] indicates that lean manufacturing can result in a 50% reduction of human effort, tools investment and manufacturing space. This paper will examine how time and cost reductions can be made along the restaurant supply chain in the restaurant industry by the help of Value stream mapping to analyze the processes involving in the making and identifying key areas of waste and probable solutions to overcome these. Value stream mapping helps to develop a “current state map” through visual representations of how the firm is operating currently. It records information of process and information flow which can be used to identify problems, wastes and opportunities. Once current state was being analyzed then future state map can then be developed to how the company could operate effectively. Value stream mapping (VSM) has...
Words: 2387 - Pages: 10
...QANT 610 Summary Submitted to : Dr. Brain Amouzegar Submitted by : Jo- Wei Angie Chen (0869366) Green Initiatives Reap Positive Environmental and Economic Benefits: by Stuart Williams, Check Free, Fiserv The article aims to explain the significance of green initiatives taken by the financial and investment organisations in order to provide impetus to the movement to counter changing world climate. The article starts with the focus on the strategies put in place by various organisations like paperless bills, online access to the facilities, electronic applications for the consumers and formation of policies that cut down the use of paper and transportation to reduce the carbon footprints. Although the economic crisis has taken the status of being the most important issue for the financial institutions but they have realised that green initiatives not only make them more admired organisations by the consumers but also enable to be more profitable by garnering the positive brand image among the consumers as well as by making savings by cutting down the costs incurred during offering the conventional modes of services. The article also throws light on the advent of various organisations like Payit Green Alliance which enable the consumers and the organisations to understand the importance of making a change from paper based services to online applications. Various consumer surveys determined that most consumers want to make a shift to methodologies which ensure...
Words: 956 - Pages: 4
...Dr. Marijn Dekkers, As one of the divisional vice presidents of supply chain at your company, I have been able to observe the planning process of forecasting the demand of raw materials. Based on my observations, I have decided the division needs to establish a plan that synchronizes and optimizes production, inventory, distribution, and initial capacity planning. In order to achieve these objectives I will be using SCOR, the Supply Chain Operations Reference model, to assess the aggregate supply resources and demand requirements. SCOR provides a framework and template that links business process, metrics, and best practices into an end-to-end supply. Utilizing SCOR, I will be able to develop a course of action that best meets your planning requirements. Before I can implement the SCOR model I will need to gain support from your organization. Bayer will need to choose and educate an executive sponsor and a core steering team for the project. This team will need to make a go or no go decision to move the project forward. Afterwards, the core steering team will have to establish a budget and timeline to finish the project and choose a project team that will include members from manufacturing, transportation, customer service, and warehousing. Next, it will be important to define the number of supply chains served by Bayer in the planning process, and then prioritize them based on revenue, inventory level, gross profit, number of stock-keeping units, and unit volume. This will...
Words: 673 - Pages: 3
...Chapter 2 Supply Chain Performance: Achieving Strategic Fit and Scope True/False 1. A company’s competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services. Answer: True Difficulty: Easy 2. The value chain emphasizes the close relationship between all the functional strategies within a company. Answer: True Difficulty: Moderate 3. A company’s product development strategy defines the set of customer needs that it seeks to satisfy through its products and services. Answer: False Difficulty: Moderate 4. A company’s product development strategy specifies the portfolio of new products that it will try to develop. Answer: True Difficulty: Easy 5. A company’s supply chain strategy specifies how the market will be segmented and how the product will be positioned, priced, and promoted. Answer: False Difficulty: Easy 6. A company’s supply chain strategy determines the nature of procurement and transportation of materials as well as the manufacture and distribution of the product. Answer: True Difficulty: Easy 7. The degree of supply chain responsiveness should be consistent with the implied uncertainty. Answer: True Difficulty: Easy 8. The degree of supply chain responsiveness does not need to be consistent with the implied uncertainty. Answer: False Difficulty: Moderate 9. To achieve complete strategic fit, a firm must ensure...
Words: 4351 - Pages: 18
