Supply Chain Management and Operational Efficiency

In: Business and Management

Submitted By Amunyo
Words 22895
Pages 92





I Amunyo Denis sincerely declare that this report is authentic and an original work of my hands, initiative and brain and has never been presented to any institution/university for the award of certificate or diploma or bachelor’s degree or any other qualification. Therefore it’s valid and my personal working.
Students Name…………………………………………………………………………………..

I do certify that this was under my supervision and recommend it for submission.
Research supervisor……………………………………………

This document is importantly presented in appreciation of my family’s effort in upbringing me right from the time I was born with a blank brain to this very moment when I can declare that I too have become a person of substance, to my elder brother Mr.Odeke Ivan who has all along taken my parents place mostly as my shield, my maternal relatives for the support they endeavored to offer me both materially and immaterially, my paternal Uncle Mr. Asako Robert Francisco who unconditionally offered his charitable hand and sponsored my University education, the many friends who kept by my side even in difficult moments. Not forgetting the teachers in primary and secondary school who prepared me for the different assessment exercises I participated in, my university lecturers at Kyambogo…...

Similar Documents

Supply Chain Management

...INTRODUCTION BACKGROUND ON SUPPLY CHAIN The telecom industry’s drastic shift this year from a supply-driven marketplace to a demand-driven model has drastically impacted not only how carriers market and sell their products, but in what way they locating their own network equipment. In the present economic climate, achieving operational efficiencies and reducing cost has taken on paramount importance. To meet the current situation effective and efficient supply chain management is required. Let us first understand SCM. Stream of material flow from its source to destination customer thought all the different stages are known as supply chain. Supply chain includes various diversifications like manufacturing, purchasing, transportation, warehousing, customer service and finally to manage these supply chain management is required. Supply chain management is a oversight of information, material, and finance as they move through the supply chain. ELEMENTS OF SUPPLY CHAIN Today, supply chain management is a acknowledged term in our enterprise wordlist. It is complicated to find a standard design of supply chain management performing in the world of enterprise. Some enterprise will talk about and handle their supply organizations in a synchronized and all surrounding fashion, such as all of the sub places identified above. Others will include some components of the production chain, for example buying and strategies and call this supply chain management. Many will......

Words: 778 - Pages: 4

Supply Chain Management

...Introduction This report is engendered to analyze the functions, procedures and operations that Canadian Freightways participate in order to sustain synergy between CF and its customers, its views on outsourcing, as well as the efficiency of its operations. However the real question is; is CF taking all possible measures to fully satisfy their customer’s requirements? Are there areas within CF’s internal controls that could be altered in order to improve and provide a better experience for their customers? If not, what are the externa factors and how could outsourcing be used to capitalize on these areas of structural weakness? In addition to establishing possible solutions an examination of Canadian Freightways practices will be analyzed to determine what steps are taken to resolve all barriers of customer fulfillment, and in addition a breakdown of a make or buy analysis will define Canadian Freightways approach to outsourcing. This report will also include an evaluation of the approaches CF takes to ensure effective and efficient operations and how these activities deliver customer value. Finally a few suggested recommendations will be produced to help improve the organization’s customer fulfillment and overall success. Canadian Freightways and Outsourcing Why must Canadian Freightways outsource and what are benefits to having work operations and product production completed “in-house” (Make or buy decisions Investopia) rather than by another company? When......

Words: 3092 - Pages: 13

Supply Chain Efficiency

...* A ROI of 215.82%, * Only a 14.58 breakeven point, * 30% Annual Federal Tax Credit, and * The peace of mind knowing that the company is helping offset their carbon emission to protect our diminishing environment, also creating a good public image. Raw Materials Costs In 2006, Scotts Miracle-Gro spent $105.8 million in raw materials, a $28.3 million increase from 2005 (Supply Chain Management, 155). Although this increase in raw material costs is partly attributed to price inflation, Scotts Miracle-Gro can implement new production processes to save in raw material costs. The most predominant raw material used by Scotts Miracle-Gro products is plastic resin. In order to save on costs, the Temecula plant should find ways to reduce material input without changing the quality of the product. Also, excess plastic resin should be recycled back into the production process. Not only will this decrease the amount of raw materials used and wasted, but it will also help decrease the disposal cost of used plastic. Louis Leitz International GmbH & Company, a producer of office supplies in Germany, was able to save over $296,000 by implementing similar processes in their production of plastic products (Gege, 2010). Another way to save on raw material costs is to establish long-term contracts with plastic injection molding vendors. This will help offset inflation of plastic prices and eliminate unpredictable price changes in the future. Labor Costs The......

Words: 1869 - Pages: 8

Supply Chain Management

...A. A supply chain strategy appears in many different forms and varieties; picking the right strategy is the hard part. When deciding on a strategy, the goal is to pick the correct one that will benefit your specific organization and area. There are six different strategy associated with supply chain management: Many supplier, few suppliers, vertical integration, a combination of the two referred to as a joint venture, Keiretsu, and a virtual company (Hiezer). The first couple of the strategies have a company rely heavily on external suppliers for their goods and service. Not necessarily working in conjunction with the organization business strategy, but aggressively compete with other suppliers to gain essentially the right to provide the product on the companies demand. The goal of both these strategies isn’t to foster a long term partnering relationship with the buyer’s organization. The strategy of vertical integration takes on two forms also; a company can either purchase a supplier or work in combination and join resources becoming a joint venture. Vertical integration can be forward taking on more of the distribution action or backwards by produce what was in the past purchased. They can benefit from organization talents by reducing cost, increase quality, and timely deliveries. It being hard to everything well and the large financial commitment are some of the challenges of a vertical integration strategy, for some organization these challenges may force them......

Words: 3355 - Pages: 14

Rfid and Increased Supply Chain Efficiency Supply Chain Management: Case Study 1 RFID and increased Supply Chain efficiency By Hilal Al Harthy Yanee Angsukran Vikram Ramakrishnappa Gowda Paul Macinnes Thakerngkorn Pothibourthong Contents 1. Executive Summary 2. Introduction 3. RFID in Operations - Wal-Mart case study 4. RFID in Logistics - Canadian Airlines case study 5. The Risks of RFID technology in the Supply Chain 6. Conclusions 7. References 1. Executive Summary RFID is an emerging Information technology system in Supply Chain management. The purpose of using this technology is to speed up processes, improve efficiency and reduce operational costs. Looking at large companies who have implemented such schemes, we can see that although implementation and operational factors can be barriers, RFID technology is beneficial to Supply Chain operations. In terms of Implementation, the high costs and low initial ROI (Return On Investment) can make the use of RFID technology appear unattractive when first deployed. In terms of Operations, The technical difficulties for RFID produced by certain manufacturing environments can be a major obstacle, as well as difficulties integrating supply chain partners into a RFID based Supply Chain. Despite this, research revealed that RFID provides improvements to a Supply Chains core efficiency, which positively impacts upon running costs. It is suggested therefore that the use of RFID in the Supply......

Words: 2086 - Pages: 9

Supply Chain Management

...Supply chain management is the management and coordination of a product’s supply chain for the purpose of increasing efficiency and profitability. The term supply chain management was coined by a consultant named Keith Oliver of the strategy consulting firm Booz Allen Hamilton in 1982. It combines processes of planning, implementing, and controlling the operations of the supply chain with the purpose of satisfying the customer requirements as efficiently as possible. It attempts to control or link the production, shipment and distribution of a product. This is done by keeping tighter control of internal inventories, internal production, distribution, sales and the inventories of the company’s product purchasers. It integrates supply and demand management within and across companies. The inventory contains the raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a business’s assets that are ready or will be ready for selling. Inventory represents one of the most important assets that most businesses possess because the turnover of inventory represents a primary source of revenue generation and subsequent earnings for the companies’ shareholders/owners. However, possessing a high amount of inventory for long periods of time is not usually good because there are inventory storage, obsolescence and spoilage costs. On the other hand, possessing not enough inventory isn’t good either, because the business runs the risk of......

Words: 1268 - Pages: 6

Supply Chain Management of ‘Arong’

...sign of the modern business organization of Bangladesh. Aarong is a chain of retail outlet located in major cities in Bangladesh an enterprise of BRAC. It established in 1978, Aarong is a fair trade organization dedicated to bring about positive changes in the lives of disadvantages ascertains and underprivileged rural woman by reviving and promoting their skills and craft. Reaching out to weavers, potters, brass workers, jewellary, jute workers, basket weavers, wood carvers, leather workers and more, Aarong, to embraces and nurtures a diverse representation of 65000 artisans work with the collaboration of 85% of whom are women. Today, Aarong has become the foundation upon which independent cooperative groups and family based artisans market their craft, in an effort to position the nation’s handicraft industry on a world platform of appreciation and acknowledgement. Aarong’s supply chain management (SCM) is the integration and management of supply chain organizations and activities through collaboration, effective business processes and information sharing with women cooperatives. It has become a great tool for Aarong to deal with competition and increasing customer demand for value. To provide complete satisfaction to its domestic and foreign buyers, the information must be available in real time across the supply chain and this is achieved by Aarong’s integrated software system for supply chain management. Web technologies enable Aarong to become more effective, to trade......

Words: 3148 - Pages: 13

Supply Chain Management

...Supply Chain Management Name of Student Roll # University Submitted to: Topic: What are different options available to mitigate different risks in a global supply chain? Risks in global supply chain Risk * Exposure to chance of injury or loss * Hazard or dangerous chance * Chance of loss * Degree of probability of such a loss Global supply chains can increase efficiency, but they can also increase risk. For example the Japanese earthquake and tsunami, the floods in Thailand and the ash clouds caused by the Icelandic volcano—have demonstrated how far the consequences of such risks can extend. The Japanese earthquake, for example, severely affected global electronics production and led to extended business disruptions for the automotive industry. These are some of the risks that can affect the global supply chain: * Supply Risks. Impacts elements of inbound supply, implying that a supply chain is unable to meet the demand in terms of quantity and quality of parts and finished goods. The outcome is labeled as a supply disruption. * Demand Risks. Impacts elements...

Words: 1311 - Pages: 6

Supply Chain Management

...------------------------------------------------- OF Operation management ON (SUPPLY CHAIN MANAGEMENT PRACTICES OF VARIOUS RETAIL CHAINS) TERM PAPER MORE FREE TERM PAPERS ON SITE: Introduction: Supply chain management (SCM) is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers. Supply Chain Management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption. It defines SCM as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally." A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished products, and the distribution of these finished products to customers. Supply chains exist in both service and manufacturing organizations, although the complexity of the chain may vary greatly from industry to industry and firm to firm. Supply chain management is typically viewed to......

Words: 4851 - Pages: 20

Costco Supply Chain Management

...|[pic] | | | | | |Costco Supply Chain Management System | | | | | |Supply Chain Management | |MGT/MKT 316F1LV | Costco is considered as one of the biggest global retailers that provide customers with a variety of merchandise, ranging from well known brands to private label items. Costco was established in 1976 under the name “Price Club” which was a store located in a converted airplane hanger in San Diego. Costco has been operating as a low cost leader, through it’s no frills warehouse business model, which enabled it to become the first company to grow...

Words: 2489 - Pages: 10

Amazon Supply Chain Management

... electronics, apparel, furniture and groceries. • Separate websites to serve Canada, UK, Germany, Austria, France, China and Japan. Gross sales have reached almost $ 50B at the end of 2011 with a net income after tax of $ 556M. Amazon.Com’s Competitive Advantage Capital Efficiency – It does not have retail stores and limits its capital investment to its headquarters and warehouses. It receives payments from its customers on an average of 17 days before it has to pay its suppliers. Inventory Velocity – Averages 16.5 times per year. Technology - Uses information technology to execute supply chain on a large scale to realize economies of scale making its gains in capital efficiency and inventory velocity possible. • Run its warehouses as efficiently as possible. It is so high tech that its ERP has complex algorithms that can analyze relationships among the items customers purchase to find groupings that can be located in the same warehouse, thus reducing shipping costs. Warehouse operating costs has dropped from 20% of revenue to less than 10%. • Optimizes delivery performance and enhances service reputation that minimizes distribution mistakes. • Offers its retailing and supply chain management services to more than 1.1M other retailers both large and small. Amazon.Com’s Competitive Advantage • The heart of Amazon.Com’s business model is information technology. It has been investing an average of 7% of its sales. • Some argue that Amazon has built “a stack of......

Words: 1843 - Pages: 8

Supply Chain Management

...evolution of supply management has changed over the last 20 years (1995 - 2015)? Purchasing in the mid 90’s began as a process used to carry out an organization’s mission within the workplace. Since then, the purchasing function has grown to include supply management used largely throughout the world. Early on when the purchasing process was identified and defined, people began to notice that the acquisition of goods and services was more difficult than expected. The knowledge of the purchasing function evolved within organizations and created an environment that incorporated more undertakings such as managing, stocking, and budgeting for those goods and services being acquired. Based on your research and readings, discuss how Supply Management and in particular Supply Chain Management benefits organizations in the public and private sectors. Supply Chain Management assists both the public and private sectors by increasing sales, reducing costs and creating a better quality of life for all parties involved (Helms). An organizations budget will be primarily disbursed to make purchases to generate inventory within itself. If an organization is able to control/decrease their spending, sales will most likely increase considerably. By strategically managing purchases and practicing operational efficiency will help largely to reduce costs and in turn build revenue. What are the salient factors that contribute to the successful implementation of a supply chain......

Words: 533 - Pages: 3

Supply Chain Management

...Supply Chain Management Coursework Report By XYZ ID: Title: Supply Chain Management Contents Types of Logistic Performance Indicators 3 Cost Indicators 3 Quality Indicators 3 Importance of Developing Logistic Performance Indicators 4 References 8 Types of Logistic Performance Indicators Organisation for Economic Co-Operation and Development (2002, pp 34) has distributed the logistics performance indicators into two types. First type is cost indicators and second type is quality indicators. Cost Indicators These include the following costs * Costs incurred in transportation * Cost incurred on inventory * Cost incurred on sorting and packing * Costs incurred on packaging Quality Indicators These include the following * Goods & customer services knowledge * Availability of any goods * Order to delivery lead time and its accuracy * Response time for special orders * Ability in organising information * Ability to organise time * Ability to organise accuracy * Response time in the event of a mistake. Importance of Developing Logistic Performance Indicators The basic purpose of developing logistic performance indicators is to enable a company to evaluate the efficiency and sustainability of its logistics systems. In addition to this, a company can enable itself to monitor how successful it has been in achieving its logistics policies. Furthermore, such indicators help a company......

Words: 1151 - Pages: 5

Green Supply Chain Management

...Green Supply Chain Management and Its Effects on Environmental and Operational Performance in Automobile Industry in Karachi Syeda Unaiza 7153, Talha Hamid 6307, Abdul Qadeer 6758,Hassan Sajid 6303 December 18, 2015 1 Contents 1 Introduction 1.1 Background of Study . . . . . . . . . . . . 1.2 Problem Statement: . . . . . . . . . . . . . 1.3 Objectives of Study . . . . . . . . . . . . . 1.4 Research Questions . . . . . . . . . . . . . 1.5 Significance of study . . . . . . . . . . . . 1.6 Limitations and Delimitations of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 5 6 7 7 7 8 2 Review of the Related Literature 9 3 Research Methodology 3.1 Respondent Sample and Methods 3.2 Semi structured interview . . . . 3.3 Self-completion questionnaires . . 3.4 Focus group/group interview . . . 3.5 Triangulation . . . . . . . . . . . 20 20 21 22 23 23 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 2 1 Introduction Supply Chain Management is the process of managing and controlling of a compound network......

Words: 5854 - Pages: 24

Supply Chain Management

...Q: 1 Why Integration among three macro processes- CRM, ISCM and SRM is crucial for successful supply chain management? Answer: Customer relationship management (CRM) is a widely-implemented strategy for managing a company’s interactions with customers, clients and sales prospects. It involves using technology to organize, automate, and synchronize business processes—principally sales activities, but also those for marketing, customer service, and technical support. The overall goals are to find, attract, and win new clients, nurture and retain those the company already has, entice former clients back into the fold, and reduce the costs of marketing and client service. Customer relationship management describes a company-wide business strategy including customer-interface departments as well as other departments. Measuring and valuing customer relationships is critical to implementing this strategy Internal Supply Chain Management (ISCM) The primary objective is to visualize activity and event spawn during work flow and offers panoramic view of upstream and downstream activities. It constitutes inbound, outbound and production operations, and can be segmented into Raw material, work in process and finished goods with their intrinsic operations. Supplier Relationship Management (SRM) is about developing two-way, mutually beneficial relationships with your most strategic supply partners that deliver greater levels of innovation and competitive advantage than could be......

Words: 1946 - Pages: 8