The remaining sessions of SCM turned out to be very interesting and gave an overview of the remaining issues global supply chain management firms deal with regards to performance, integration, benchmarking, maintaining customer relationships and dealing with some of the contemporary issues related to supply chain management.
The Session 5 was about building high performance supply chains and how big firms like Wal-Mart, manage their sourcing and distribution and also help in building a sustainable environment. The SBR on Wal-Mart helped us understand how they eliminated unwanted nodes and by sharing relevant information and implementing modern IT techniques. Wal-Mart also helps in creating sustainable environment by reducing carbon footprint generated from the goods carrying trucks. We also learned about the how the use of vendor managed inventory program could lead to economies of scale, however, there are some conditions which need to be fulfilled in order to have maximum benefit out of it. The case also talked about disintermediation, global sourcing, field intelligence, standard packaging, cross docking, real time info on stock levels and non-union labour. The case study of Triple-A supply chain by Lee explains the use of Adaptability, Agility and Alignment to achieve various objectives in order to achieve various objectives of supply chains in modern day dynamic world. Lee points out that efficiency are required else the firm will lose its competitive advantage in the market. He further talks about the perils on cost efficiency and how agility should match with adaptability. Companies need to foster agility in order to achieve the desired results and remain competitive in market. The example of Seven Eleven Japan explained how the use of 3A`s has helped the company to stay ahead of its rivals in tough times. The other article on “Don’t tweak SCM rethink it” gave views on the importance of environment sustainability and how it is important for a company to not perform this itself but also work with their suppliers and competitors towards a sustainable environment. The examples given about POSCO and Esquel gave better understanding about the same.
The Session 6 was a business simulation where the groups have to work as a firm manufacturing shirts with various orders spilled over weeks and 3 types of shirts to be made with various criteria involved in making the same. The purpose of the simulation was to make us realise importance of cross function collaboration, what to produce, how much to produce and ways to improve performance, how to reduce setup time and invest in machine where set up time is less. Post simulation there was discussion on the article of “The Achilles Heels of SCM” which emphasised on the fact that there could be weak point even after looking into everything and this could be simply due to bad quality of data being worked upon. The article discussed about 5S approach:
Sort
Setting order
Shine
Standardise
Sustain
The article discussed how phantom stock outs can affect the company`s profitability by almost 25% and there is need of TQM, warehouse management.
The Session 7 was about dividing cost based on the activity being performed at the various types of stores the company operates to sell its beauty products. From the exercise it was clear that if we try to allocate the cost uniformly it will not lead to clear pictures and all the kind of stores showed similar contribution margin. However, when the costs were divided based on the activity which each kind of store performed there was lot of changes and the differences were evident in the performance of various stores. This analysis helped in understanding the various performance of stores and is easy for a manager to take decision regarding what kind of stores to continue and which one to shut down. The above analysis helped in understanding the importance of ERP and benchmarking in order to better
anthropology. This course has been approved to satisfy the Comprehensive Articulation Agreement general education core requirement in social/behavioral sciences. Instructional Approaches: Video Lectures, peer discussion, and individual writing assignments. Class Meeting Dates, time, location: Online delivery via Moodle: http://moodle.cravencc.edu/ Faculty: Dr. Cynthia Bellacero Office Location: H 102D Phone: 638-7328 Office Hours: by appointment Email: bellaceroc@cravencc…
ecological conceptual framework. GE Core: GSB-- Fulfills teacher licensure requirements. Elective for all others. Student Learning Outcomes: Upon completion of this course, students should be able to: 1. State the seven dimensions of health. 2. Explain the concepts of health, disease, health promotion, and disease prevention in a social/ecological context. 3. Identify social, behavioral, environmental, racial, gender, and other demographic factors affecting personal and community health…
for all of your assignments? You can find the grading rubric for the assignment at the bottom of the page of the assignment itself. 2. What percent of your overall grade is the final project? Part 1 is for 18% and part 2 is only 2% for an overall of 20% 3. Where can you check to see if you have a Canvas email message from your instructor? By Clicking inbox in the top right corner of the page. 4. What is the highest grade that you can earn for submitting an assignment late? No late…
BSAD 161 Intermediate Accounting I Spring 2015 Instructor: Susan B. Hughes, Ph.D., CPA Office: 314 Kalkin Hall Office Hours: Wednesday 1:00 – 3:30 and by appointment Phone: 802 656 0504 E-Mail: shughes@bsad.uvm.edu Materials: Things you need to acquire: Texts: Intermediate Accounting. Kieso, Weygandt and Warfield (Wiley, 15th edition, with access to WileyPlus). Available at the Bookstore. Access to: www.wileyplus.com class URL: http://edugen.wileyplus.com/edugen/class/cls430524/ Additional…
205-L1 Assignment Schedule Week Assignments 1 1. Read and complete Chapter 1. 2. Complete Exercises 1-1 & 1-2. 3. Convert the employee list (Exercise 1-2) to a PDF file by clicking on the PDF button at the top of the Sage 50 Employee List report. (Sage 50 converts the report files to a PDF file and this is the way you attach them in Bb.) 4. Name the file Exercise 1-2 as instructed. 5. Submit employee list by clicking on Assignment link. 6. Click on the…
Mason, OH: South-Western Cengage Learning. Supplemental Resources A comprehensive list of supplemental resources is located at the end of the course guide. COURSE LEARNING OUTCOMES 1. Identify the key concepts of marketing and its function in society. 2. Explain the fundamentals of marketing, including product, price, distribution, and promotion in a global environment. 3. Determine the marketing planning process, market segmentation, and the development of the key elements of a marketing strategy.…
the correct version of the song since covers may differ from the required song example. Course Work and Weighted Percentages: Grading Online Exams I, II, & III (20% each) = 60% Criteria 5 Online Quizzes (4% each) = 20% 10 Written Assignments (1% each) = 10% Attendance = 5% Participation = 4% TRACE Evaluation Confirmation = 1% Lectures, Attendance, and Participation Lectures start promptly at 10:30 am and will end at 11:35 am. Bring your ResponseCard to every…
respectfully in class. • Put away all electronic devices and food during class. 2. Bring all required Materials • Folder or binder for handouts (to be kept in order). • Notebook or loose-leaf paper for notes (to be kept in order). • Pen and/or pencil. III. Grading/Assessments Your performance will be assessed on a straight point system based on the following criteria: 1. Quizzes: There will be an announced quiz after each unit. These quizzes could consist of multiple-choice questions, short…
SYLLABUS Sociology 201-104 & 105 Introduction to Sociology Days and Times When the Course Meets 9:30-10:45am TR 11:00-12:15 TR Instructor: Kay Boston, Professor Office: E-113 Office Hours: 9:00-11:30am MW; 8:00-9:30am TR; 1:45-2:30pm TR Telephone: 318-678-6064 E-Mail Address: kboston@bpcc.edu Textbook: Henslin, James. Essentials of Sociology: A Down-to-Earth Approach. 10th Ed. Pearson: New Jersey, 2013. Software requirements: Microsoft Word and Microsoft Powerpoint…
and ethics and social responsibility. These are explained in detail on our website (http://www.sobey.smu.ca/programs/bcomm/program.html). The learning objectives for this course are: Communication Prepare professional written reports/assignments Prepare and deliver professional oral presentations Information Literacy Determine and retrieve required information Critically evaluate and use information effectively Recognize and acknowledge copyright laws and intellectual…