Metrovox is a German electronics manufacturer that designs, develops and manufactures a range of products for the entertainment and home electronics sector. Management has recently focused on two related products, Bugabyte and Terabyte Lite. The Bugabyte is a video and audio player with a flash drive. The company has invested heavily in the research and development of this product, which is a small hand-held unit about the size of a credit card. It is about 50 percent thinner than their competitor’s offerings. The Terabyte Lite is a flash drive and mp3 player. Metrovox sells this product to a distributor in North America and to a major European retailer.…
The financial stability and credit worthiness of the company is of primary importance. The reputation of the company visavis their supplier is also very important. For example, is this a company that is fair with its suppliers and honors its payables in a timely…
Concerning suppliers Limited Brands works with so many suppliers so it needs to look each step of the supply chain for each supplier at the same time.…
3. Competitive bidding, active sourcing, and using industry standards are all actions that are appropriate if the sourcing strategy is to:…
Choose an organization delivering goods and/or services globally. Provide a background of the organization and fully describe six components of the organization's supply chain. Examine the potential problems related to each of the components described and explain the approaches of the organization for solving the problems.…
It is very important to consider the process and material used in the tasks performed in terms allocation of resources. One manufacturing processes used in fabricating the T Rex is casting. Casting is a manufacturing process in which an object is made by pouring a liquid material into a hollow or cavity mold until the material cools into a sought solidified shape. The casting method used specifically was the one piece mold casting which was used to fabricate the arm and ribs patterns. The one piece casting method is when you cast an object that has flat back side. Therefore, it was the preferred casting method because the 3-D pattern was flat from the back side which gives the operator a specific side to pour from. The advantages of the one pierce mold casting include simplicity, low cost, and no seam lines in finished patterns. As with all manufacturing methods there some disadvantages to casting that include it can only be used with non-ferrous metals that has low melting temperature and long cooling time. As for the material used which consisted of a silicone mold making rubber and a special chemical composition (catalyst) with a usage ratio of 10 to 1. The calculate amount used for the silicone rubber was 918 g and 92 g for the catalyst. The silicone mold making rubber was used because it has unique advantages that include easy use, quick setting, does not need vacuuming and especially applicable to one and two piece molds. The main disadvantage is that it takes long time to cure. Another major factor in choosing the appropriate materials is sustainability. One method of recycling silicone rubber is to depolymerise to recover the silicone monomers, and then you can recycle each material. This way all the materials can be recycled and the product becomes sustainable.…
In Chapter 15, the supply chain concept exists as a means to enhance the ability of a firm to develop and maintain strategic advantages in a competitive marketplace. The benefits of supply chains extend beyond the operational dimensions of lead time, quality, and flexibility to the strategic and financial areas. Supply chains, if properly structured, can effectively combine the core competencies of a given firm with the skills and capabilities of its suppliers. However, to be strategic, supply chains must be driven by marketing strategies, targeting of customers, and the creation of value propositions that are highly attractive to these customers. Thus, our treatment of the supply chain will identify strategy and customers as the beginning points for all planning and decision-making activities.…
Cited: Chesto, Jon. "Wegmans Promises Shoppers: No Price Increases on 40 Food Products for All of 2011." Mass Market RSS. The Patriot Ledger, 22 Feb. 2011. Web. 24 Apr. 2013.…
This paper describes the challenges of supply chains management. It examines the various areas that contribute to and organization 's strategic planning operations to enhance its profitability. It identifies the various elements of value to supply chain operations.…
The purpose of this report is mainly focus on the analysis of distribution strategies. The distribution strategies is a very systematic and comprehensive strategy in the logistic and supply chain management. This report divides the distribution strategies into four parts to analyse it comprehensively. There are centralized and decentralized decision-making management strategy, cross-docking strategy, postponement strategy and outsourcing strategy.…
organizations connected to each other and interacting to create value. The various components of a…
o I will not accept students attempting to complete the entire course in the last week or two of the course. This serves as an injustice to you and what you are here for.…
A supply chain strategy is frequently miss-understood with supply chain management, where supply chain actions are controlled to decrease costs, but with supply chain strategy it defines how the supply chain should function in order to compete. Supply chain strategy is an iterative method that evaluates the cost benefit trade-offs of prepared components. A well accomplished supply chain strategy results in value creation for the business.…
The main elements of a supply chain include purchasing, operations, distribution, and integration. The supply chain begins with purchasing. Purchasing managers or buyers are typically responsible for determining which products their company will sell, sourcing product suppliers and vendors, and procuring products from vendors at prices and terms that meets profitability goals.…
2. Aligning your strategy and supply chain is the key to superior performance. A business strategy alone provides direction, but it will not achieve results. It may provide objectives and identify the desired corporate goals, but will not accomplish them. If each element of the supply chain is aligned with corporate strategies, then it becomes a powerful guideline for achieving a competitive advantage and desired results. If the manufacturer, warehouse or distribution channels are not in sync with corporate strategy the operation will fall apart quickly because there will always be conflicts between what the business seeks and what the supply chain can deliver; furthermore, customers may become forced to pay higher prices or wait longer to receive their desired products, and will ultimately begin to shop elsewhere.…