How Can Design for Logistic Concepts Be Used to Control Logistic Cost and Make the Supply Chain More Efficient? Essay examples
Words: 970
Pages: 4
1. How can Design for logistic concepts be used to control logistic cost and make the supply chain more efficient? Design for logistics is a series of concepts in the field of supply chain management involving product and design approaches that help to control logistics costs and increase customer service levels. The concepts include the three key components, Economic packaging and transportation, Concurrent and parallel processing, and Standardization. Economic packaging and transportation EPT is the most obvious involved designing products so that they can be efficiently packed and stored. When transport systems are efficient, they provide economic and social opportunities and benefits that result in positive multipliers effects They could then send these generic parts for assembly in the assembly plants in Europe and Asia. They can also build an assembly plant in each of these countries and leave the customization and location of the printers to these plants. The availability would increase while not increasing the inventory level in Canada. The advantages of this process can be quantified by making costs comparison and sales comparison before and after the differentiation process is implemented When should suppliers be involved in the new product development process? According to the text there is no single appropriate level to integrate suppliers into the new product development process. Instead there is the notion of ‘Spectrum of Supplier Integration” - the timing of supplier integration in the new product development process may vary, and so may the extent of integration. The spectrum of supplier integration identified a series of steps from the least to the most important responsibility of suppliers: NONE: The supplier is NOT involved at the design stage; materials and sub-assemblies are supplied according to customer stipulations and demands. WHITE BOX: This is an informal level of integration; the buyer consults informally with the supplier during the buyer’s design and specification process. The supplier is still NOT involved at this stage. GREY BOX: This is the stage when suppliers are
Related Documents: How Can Design for Logistic Concepts Be Used to Control Logistic Cost and Make the Supply Chain More Efficient? Essay examples
Journal of Operational Research journal homepage: www.elsevier.com/locate/ejor Operations Research for green logistics – An overview of aspects, issues, contributions and challenges Rommert Dekker a,⇑, Jacqueline Bloemhof b, Ioannis Mallidis c a Erasmus School of Economics, Erasmus University Rotterdam, P.O. Box 1738, 3000 DR Rotterdam, The Netherlands Department of Logistics, Decision and Information Sciences, Wageningen University, Hollandseweg 1, 6706 KN Wageningen, The Netherlands…
business, but even greater in technology industry where things can become obsolete almost overnight. The main issue to overcome in order to address Flyweather’s business concern was the supply chain strategy, more accurately the lack of one. Flyweather had continued supplying quality products but not considered exactly how to deliver their supplies which was hindering their competitive advantage. Supply chain strategy focuses on the logistics of the company. Considers the sourcing of materials and…
subscription information: http://www.tandfonline.com/loi/tprs20 Supply chain design: issues, challenges, frameworks and solutions a a Steven A. Melnyk , Ram Narasimhan & Hugo A. DeCampos b a Department of Supply Chain Management, Michigan State University, The Eli Broad Graduate School of Management,, East Lansing, MI, 48824, USA. b…
this paper center on the supply chain and logistical functions of an elite pharmaceutical organization in the United States. Westminster Company retains three separate companies, which produce and distribute individualized or differentiated commodities independently. This paper will discuss the changes being considered within their supply chain structure, which are, the establishing of a solidified warehousing structure, possessing combined shipments to conserve on costs, the incorporation of information…
GLOBAL SUPPLY CHAIN Term Paper : Proton Supply Chain Challenges Table of Contents 1.0 Company Background 1-4 2.0 Problem Statement 5-7 3.0 Significant of Study 8-10 4.0 Proton Supply Chain Weaknesses 11-18 5.0 Recommendation 19-29 6.0 Conclusion 30 7.0 References 31-32 1.0) Company Background First national car, Proton Saga project was formed embark from the Look East Policy. Perusahaan Otomobil Nasional…
devising the best production methods so that value adding occurs in the most efficient and effective way. Thus, the role of operations management (and the operations manager) is to ensure a smooth production process that contributes to the output of goods and services of an organization. The five strategies that will be discussed in this report is performance objectives, supply chain management, new product or service design and development, inventory management and technology. All factors that aid…
(Solomon / Marshall / Stuart) Chapter 15 Deliver Value through Supply Chain Management, Channels of Distribution, and Logistics 1) A firm that brings in outside companies to accomplish supply chain activities is using ________. A) insourcing B) outsourcing C) crowdsourcing D) intensive distribution E) exclusive distribution Answer: B Diff: 2 Page Ref: 448 Skill: Concept Objective: 151 Understand the value chain and the supply chain 2) Which of the following includes all the activities necessary to convert raw materials into a…
related to the strategic profit model, ROA, how logistics decisions affect B/S and I/S—this is also in Topic 8 The profit leverage affect What it means How to calculate it Lean principles in general 8- The Basics of Inventory Management The importance of inventory and having the right amount of inventory Inventory & firm performance Holding Cost: sum of financial opportunity costs and physical costs. Ordering cost: (set up cost in manufacturing) are the costs of placing an order Key metrics: Inventory…
Supply Chain! ! ! A. Recommend, with sufficient support, the adoption of one of the following strategies by the power tool company: a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy.! ! ! An efficient supply chain is fundamental to the success of any organization. The expense of the supply chain is usually an organizations largest cost therefore implementing a strategy that effectively minimizes costs while maintaining product quality…