Supply Chain Management Introduction - 913 Words

Supply Chain Management Introduction to Concept Supply Chain Management seeks to guarantee that â€Å"merchandise is produced and distributed at the right quantities, to the right locations, and at the right time. . .† (Stock, Boyer, Harmon, 2010). It is the management of a company’s supply chain by coordination and integration of the multitude of supply chain partners that a company interacts with. Initially, the concept focused on how to make a relationship between supplier and purchaser more efficient but has now been broadened to include the management of many activities, functions, and organizations. In some industries it may include a company’s entire supply chain, including all of its customers, suppliers, and strategic partners (du Toit Vlok, 2014; Walker Jones, 2012). The concept has expanded so far today that many argue that there is no longer any competition among individual companies but instead competition among separate supply chains (Brun Moretto, 2012). This concept was proposed in the 1980s and began to be implemented in the early 1990s by companies such as Hewlett-Packard, Proctor and Gamble, and Wal-Mart (Oliver Webber, 1982). Its initial growth was fueled by the rise in globalization, advanced information technologies, and the accompanying need for companies to become more effective, productive, efficient, and profitable organizations (Shiau, Dwivedi, Tsai, 2015; du Toit Vlok, 2014). Industries from food procurement to maritime shipping toShow MoreRelatedIntroduction Of A Supply Chain Management1564 Words   |  7 PagesIntroduction Introduction A supply chain (SC) consists of a set of organizations that work together to take in raw materials, convert the raw materials into higher value products, and sell the products to the end customer (Kelly 2005). The management of these flows to generate profit is known as supply chain management (Sodhi and Tang 2012). Supply chain risk management (SCRM) is defined, very broadly, as the identification, analysis and evaluation of events that can have a negative effect onRead MoreIntroduction to Supply Chain Management Essay1209 Words   |  5 PagesAs soon as an idea turns into a project, the organisation of the supply chain becomes vital to providing a quality service to the client yet at a minimal cost to the company involved. Vertical interpretation is required to deal with various constraints that arise in various stages of the project with the aim to keep the problems down and the efficiency high. Throughout this paper the author will describe how supply chain management (SCM) he lps bring systems together to present a desirable outcomeRead MoreIntroduction to Supply Chain Management System: Dell Computer Corporation1451 Words   |  6 PagesIntroduction to Supply Chain Management (SCM) System Supply chain management (SCM) is the combination of activities which help a company to improve the methods to make a product or service and deliver it to customers. (Larson, 2004) SCM encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management activities. More importantly, it includes coordination and collaboration with other people who are associated with the business likeRead MoreIntroduction A few decades ago, the true understanding of the impact of supply chain management1400 Words   |  6 PagesIntroduction A few decades ago, the true understanding of the impact of supply chain management was alien to many companies (Moore, Baldwin, Camm, Cook, 2002). As Moore et al (2002) continue to state, few companies within different industries understood the important link between strategic goals and supply management principles. This, in effect, meant that purchasing departments were undervalued, seen more or less as order takers and placers, while enjoying little or no respect from other organizationalRead MoreE-Supply Chain Problems and Solutions1486 Words   |  6 PagesAssignment – Digital Economy For MBA Contents Page 1. Introduction 3 2. Findings / Analysis 4 2.1 Introduction to e-Supply Chain 4 2.2 Problems of e-Supply Chain 5 2.3 Solutions to e-Supply Chain problems using technology 7 3. Conclusion 9 4. References / Bibliography 10 1. Introduction The use of effective and efficient supply chain has its advantages. However, in order to deploy an effective and efficient supply chain, it is necessary to coordinate the flow of material, informationRead MoreProcurement: Purchasing Management Association1205 Words   |  5 PagesIntroduction to Procurement Introduction  to  Procurement     Quiz  #  1   True/False  (1  mark  per  question)   1.   Competition  today  is  no  longer  between  firms;  it  is  between  the  supply  chains  of  those  firms.   True  Ã‚   False   2.   There  is  a  definitive  and  prescriptive  set  of  supply  chain  measures  that  applies  to  all  supply  chains.   True   False  Ã‚   3.   The  knowledge  and  skills  demanded  of  today’s  supply  professional  is  the  same  as  before.   True  Ã‚   False   4.   The  key  to  the  success  of  any  company  is  the  quality  of  its  employeesRead MoreWhat is Supply Chain Management? Essay1492 Words   |  6 PagesIntroduction: With the advent of globalization and continuous evolution in technology in the last 4 decades, the whole structure of organizations have evolved. Globalization has led to the downfall, of once successful, companies which were stagnant while led to exponential growth of continuously evolving companies. Supply chain, which was once considered a small part of operations, has now become one of the most important departments. â€Å"The term Supply chain management encompasses the planning andRead MoreHistorical Developments in Supply Chain Management1151 Words   |  5 Pages------------------------------------------------- Historical developments in supply chain management Six major movements can be observed in the evolution of supply chain management studies: Creation, Integration, and Globalization (Movahedi et al., 2009), Specialization Phases One and Two, and SCM 2.0. 1. creation era The term  supply chain management  was first coined by a U.S. industry consultant in the early 1980s. However, the concept of a supply chain in management was of great importance long before, in the early 20thRead MoreSupply Chain Standards For Supply Chains1564 Words   |  7 PagesSetting Supply Chain Standards to Improve Supply Chain Management In 2002 congress considered legislation authorizing $47 million to help develop supply chain integration standards. Since the introduction of the bill to integrate supply chains, The legislation, The Enterprise Integration Act of 2002, was enacted to authorize the National Institute of Standard and Technology to work with major manufacturing industries on an initiative of standards development and implementation for electronic enterpriseRead More7-Eleven Casestudy1026 Words   |  5 PagesINTRODUCTION The ability to respond quickly to the ever-changing marketplace is paramount to the success of most businesses. The convenience-store industry is a highly competitive one and 7-Eleven’s ability to become a leader market leader appears to be based on the company’s ability to quickly respond to the rapidly changing tastes and needs of the market. 7-Eleven has not always enjoyed success, especially in the 1980s when things got really bad for the company. Helped, however, arrived in

The Topic of Management - 1152 Words

Management is a term that was derived from the French word menager, meaning â€Å"to use carefully,† and the Italian word maneggiare, meaning â€Å"to handle,† and was originally applied to horse training. Contemporary management is an ongoing process by which managers create, direct and maintain organizations through coordinated human effort to ensure that their organization’s resources are used appropriately to attain the highest level of performance and productivity. It is the fundamental integrating process designed to achieve organized, purposeful and meaningful results. Management is working with and through individuals or groups to accomplish organizational goals (Book, #). In recent years, management has evolved from the manager being the sole governance of the organization to a more team-oriented approach (Book, #). An understanding of management can help ensure continuity, promote good human relations and contribute to increased performance. A manager is someone who coordinates, integrates and directs the work of other members. A position as a manager requires a specific set of skills, including technical skill, human skill, conceptual skill, political skill and leadership. As the head of an organization, leadership is a responsibility that falls on the manager (Book, #). Leadership is the process of influencing the behavior and attitudes of others to achieve intended outcomes and is the key to managerial success (Ray, #). A directive approach to management is a one-personShow MoreRelatedTopic: Performance Management6978 Words   |  28 Pages © 2013 The Society of Management Accountants of Canada. All rights reserved.  ®/â„ ¢ Registered Trade-Marks/Trade-Marks are owned by The Society of Management Accountants of Canada. No part of this document may be reproduced in any form without the permission of the copyright holder. MODULE 1, ASSIGNMENT 1 August 30, 2013 Topic: Performance Management Overview Welcome to Module 1. If you have not already done so, read the Program Manual located in the Reference Material section of the CMA CanadaRead MoreDownsizing Is A Popular Topic In The Business Management1164 Words   |  5 PagesDownsizing is a popular topic in the business management world at the moment which is against the traditional understanding that businesses only grow bigger to become successful. This essay shall discuss the issues surrounding the topic of downsizing. This essay shall cover the topics of definition of downsizing, reasons for downsizing, impacts of downsizing, success and failure of downsizing, and the organisations’ strategic consideration against downsizing decision making. This paragraph introducesRead MoreModern Management Define Management : A Clear Definition Of The Topic At Hand974 Words   |  4 PagesI think that the first thing to do when discussing management is to have a clear definition of the topic at hand, therefore referring to Samuel C. Certo and S. Trevis Certo, who in their book modern management define management as: â€Å"†¦, management is the process of reaching organisational goals by working with and through people and other organisational resources.† (Samuel C. Certo, 2009) (The original text is written in American English.) Therefore I would suggest that the resources that we hadRead MoreGoogle s People Management Division On The Topic Essay2789 Words   |  12 Pagesresearch, implementation, and review of Google’s people management division on the topic â€Å"Do Managers Matter?† Starting as soon as the early 2000’s but coming to full steam in 2009, Google’s people analytics group initiated a research project, deemed Project Oxygen, to investigate if and how management style would potentially affect employees. Through lengthy data collection, Project Oxygen members discovered that a certain eight management characteristics resulted in a noticeably larger gain inRead MoreHuman resource management. Topic on recruitment and selection.4325 Words   |  18 Pagesand seemingly worthless. Add a bit of heat into it, and watch it transform before your eyes. Every now and then people in life can do the same thing.Executive Proverb. IntroductionRecruitment and selection is an integral part of human resource management and more specifically as part of the human resource planning process. As future graduates we wanted to get a better understanding of what awaits us in terms of securing future employment. Recruitment and selection is widely researched and discussedRead MoreClassroom Management and Pull-out Services: Research questions and Personal View on the Research Topic1706 Words   |  7 Pagesfifteen interview questions related to my topic of choice. Each of my research articles directly address my topic for this project, however some are specifically related to a particular aspect of my topic. In short, I compiled research and empirical studies on classroom management--the importance and influence it has on the everyday, overall functioning of the classroom and techniques and characteristics for effective classroom management, classroom management and its relation to students with specialRead MoreDespite M any Criticisms, and a Wealth of Newer Theories on the Topic of Managing People, Taylorism (I.E. Scientific Management) Is Alive and Well in the 21st Century.2422 Words   |  10 PagesDespite many criticisms, and a wealth of newer theories on the topic of managing people, Taylorism (i.e. Scientific Management) is alive and well in the 21st century. The purpose of this essay is to show that Taylorism (Scientific Management) is still alive and well in the world today despite the many criticism and newer theories of management. The essay will be structured into four main headings. In the first section we will be looking and the definition if Taylorism and how Taylorism is implementedRead MoreTopic 1: Mary Parker Follett Has Been Described by Schermerhorn Et Al. (2011) as an Administrative Theorist Within the Classical Approach to Management. However, Others Have Seen Her as Ahead of Her Time, and Have Even1373 Words   |  6 PagesTopic 1: Mary Parker Follett has been described by Schermerhorn et al. (2011) as an Administrative Theorist within the Classical approach to management. However, others have seen her as ahead of her time, and have even described her as thoroughly modern (Hurst, 1992).What were Mary Parker Follett s main contributions to management thought and practice; how do they relate to Classical management theory ; and how are they relevant to practicing managers in contemporary organisations? â€Æ' ‘ClassicalRead MoreHealth Care Management Problem Assessme1522 Words   |  7 Pagesï » ¿Health Care Management Problem Assessment Description Assessment Preparation Effective decision making requires the ability to consistently identify and choose the best option from multiple possibilities. It also requires imagination and logic. Applying the critical thinking process in your professional life will help you disassemble complex health care management problems and better understand the factors that influence your thinking, along with the potential implications of your decisions. 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Business Models as Activity Based Systems

Question: Discuss about the Business Models as Activity Based Systems. Answer: Introduction A business model is a strategy for firms to accomplish its premeditated goals and objectives, identifying revenue sources, client base, products and/or services and details for financing (Shafer, Smith, Linder, 2005).It is encompasses two major essentials, namely, a business scheme, and a yield framework. A business system is a production and delivery design of the organizations goods and services as well as the locus in which a company learns about its processes and the behavior of its primary contractors and clients. A profit model is a pattern of how a firm intends to make profits; how it sets strategies to upsurge transactions and cut expenditures. Figure 1 illustrates a layout of the aforementioned features of a business framework. Figure 1: Business model Example of a Business model Taking Googles business model as an example, one aspect of this Companys revenue paradigm is that the main consumers of its products under no circumstances remunerate money to the provider organization. Instead, they offer Google the chance to make the most of their manifestation in its search engine through vending website space to publicists, who generate revenue for Google. In order to surge deals, this Firm has to offer publicists more chances to initiate interactions with Google customers to convey their communications. In attempt to reduce the cost of offering its broad assortment of search facilities, Google has developed internal software components and capitalized on a great in-house server structure. The Google business system comprises of these software and hardware capabilities. Starting from the second, the handler enters the Google portico, these internal commercial coordination procedures not only the operators quest but also the gradation of contact the advertisers ha ve with its consumers and consequently determines the provider firm charges due for the publicists. Operators are engrossed to Google since its search engine works much quicker, and is able to handle massive capacities of information, and this extensive consumer base appeal to the advertisers. This scheme enables the Company to learn more about its venture. Google can monitor changes in configurations through assembling evidence regarding arrays of users of its amenities. The data is used to anticipate the subsequent cohorts of services it may offer or facilities which are declining in demand and are rarely used (Baden-Fuller Morgan, 2010) Googles organizational strategy not only meets users requests better than its rivals but also serves as a learning platform for its employees to learn more about the customer needs, market and technology. A company classification works as an erudition environment since performing the task encompasses learning about the job. The organizational structure determines two aspects. First, it determines in-house activities that will be done to deliver the product to the client and activities which require to be subcontracted. Secondly, it defines the information structure that controls the entire operation from both internal mechanisms as well as subcontracted activities for ultimate transfer to the client (Teece, 2010). The two elements affect the manner in which a company studies about its expertise, customers purchases flow into the organization information system, and market(s) (Doganova Eyquem-Renault, 2009). The data collected while learning can serve as a treasured catalogue for the organization in the forthcoming days. Through operating their server in-house and designing their own software, Google Company accumulates information on the designs of its consumers search comportments and how to improve its software. An organizational strategy not only redcuces the costs of operations and products but is also a learning system for the firm. Conceptualization of Business System as an Activity A business prototypical is intellectualized like a pattern of codependent accomplishments that transcend the pivotal company and extents its precincts. Activity in an organization paradigm is a rendezvous of physical, human, and or investment properties of whichever party to the corporate archetypal to attend to a certain function on the way to the achievement of the general objectives. A bustle classification is a regular of inter-reliant administrative accomplishments spotlighted on the company, together with those piloted by the corporation, its associates and customer(Chesbrough Schwartz, 2007). Interdependencies amongst undertakings are fundamental to the conception of a bustle structure because they offer indulgent into the progressions that empower the firms development of activity patterns over a period as its competitive surroundings fluctuate. The interdependencies are formulated by administrators responsible for designing and shaping both the managerial undertakings in ad dition to acquaintances that interlace accomplishments into a procedure. The structural designer of the businesss activity configuration molded by the various accomplishments, in what manner they are connected and the one who does themcaptures exactly how the organization is entrenched in its environmental science (Zott Amitt, 2010) Strategy Parameters of Activity Centered Organization The two sets of parameters used in considering the design of the activity structure are design elements and themes. Configuration, content, and ascendency as strategy elements surpass interdependencies of undertakings or set-up edifice. On the other hand, he content of a specific bustle denotes the deeds that are done. The configuration of an action designates by what means events are interconnected. The governance of an activity denotes who does the activities (Zott Amitt, 2010) A bustle scheme can as well be considered through enterprise subjects which are the structure worth formation drivers. Plan themes display the gradation to which strategy fundamentals are arranged and joined by different design themes. Theoretical and experimental researches have recognized that the conjoint design themes consist of complementarities, lock-in innovation, and competence. Novelty adapts new content, construction, and ascendancy (Zott, Amit, Massa, (2011)). For instance, Google creates new content which is presented in various ways and pushes the sub activities of legal data access to its users. This Company has long-drawn-out the locus of its invention from the services it provides to its corporate paradigm. Designing a bustle system as a lock-in entails keeping third parties involved as corporate prototypical partakers. Lock-in can be exhibited as swapping expenditures, or like system externalities resulting from content, configuration or authority of an activity system. For sample, Googles users are locked in Google because it is an efficient search engine and has wide range of data. Complementarities are extant when shoving undertakings inside a structure offer supplementary worth than running undertakings disconnectedly. For instance, Google sells site space to advertisers to generate profit. Without selling space to advertisers, Googles business model would not work since users do not pay a penny to the service provider. Efficiency- focused design refers to how firm plans to achieve grander competence through the policy of the action coordination. The central goal of an efficiency-centered activity system is to reduce costs. For example, Google reduces costs by designing its software and having its in-house server. In Business Model Design: an activity system perspective Zott Amitt, 2010, helps in understanding the activity system perspective. Similarly, Itami Nishino, 2010, Killing two birds with the One Stone, Profit for Now and Learning For the Future helps in understanding business models as systems whose general goalmouth is to adventure a commercial opening by generating worth for the involved parties. The goal is to meet the consumers wants and produce purchaser excess while making a turnover for the organization in addition to its associates. Conclusion The activity organization is an advantageous perspective for managers concerned with evaluating the historical, present and forthcoming business models (Morris, Schindehutte, Allen, 2005). An emphasis on accomplishments is essential for administrators and entrepreneurs who should select a corporate model design. The bustle system outlook emboldens systematic and universal rationale when scheming the organizational structure of the prospect. The message to executives is unblemishedconcentrates on the forest not the treesand get the complete strategy right instead of focusing on isolated, individual choices (Schweizer, 2005). The bustle system viewpoint is a significant stage in the direction of nurturing better-quality experimental understanding of bygone and present corporate archetypes, the formulation of snowballing prognostic theory on business model plan, as well as the expansion of novel and exhilarating future business models (McGrath, 2010). References Baden-Fuller, C., Morgan, M. S. (2010). Business models as models. Long Range Planning, 43(2)156-171. Chesbrough, H., Schwartz, K. (2007). Innovating Business Models with Co-development Patnerships. Research-Technology Management, 50(1), 55-59. Doganova, L., Eyquem-Renault, M. (2009). What do business models do?: Innovation devices in technology entrepreneurship. Research Policy,, 38(10), 1559-1570. McGrath, R. G. (2010). Business models: A discovery driven approach. Long range planning, 43(2), 247-261. Morris, M., Schindehutte, M., Allen, J. (2005). The entrepreneur's business model: toward a unified perspective. Journal of business research, 58(6), 726-735. Schweizer, L. (2005). Concept and evolution of business models. Journal of General Management, 31(2), 37-56. Shafer, S. M., Smith, H. J., Linder, J. C. (2005). The Power of Business Models. BUsiness Horizons, 48(3)119-207. Teece, D. J. (2010). Business models, business strategy and innovation. Long range planning, 43(2), 172-194. Zott, C., Amitt, R. (2010). Business Model Design: an activity system perspective. 43(2),216-226. Zott, C., Amit, R., Massa, L. ( (2011)). The business model: recent developments and future research. . Journal of management, 37(4), 1019-1042.

Leadership Examples Log Essays - Coach, Sports, Captain,

Leadership Examples Log Leadership Examples Log Wednesday, August 23, 2000-The head football coach, Joe Hollis, shortened practice today because he said that the team was tired and needed some extra rest to make sure our legs are fresh for our first game on September 2, against North Carolina State. I think this displays his specialized role as a leader. That kind of decision rests singularly on his shoulders, players and coaches follow his decision because of his specialized role as the head football coach. Thursday, August 24, 2000- I read an article in Sports Illustrated about my favorite baseball player, Greg Maddux, pitcher for the Atlanta Braves. It discussed how well respected he was among his teammates and other players in the Major Leagues as well. I felt that this demonstrated a shared influence leadership within his social system. He is not in a specialized role, he is simply looked at as a good role model and a wise baseball player. Friday, August 25, 2000-Our team captains called a team meeting to ask the younger players to be mature about going to class, and handling non-football duties maturely so that the focus can be on football when the right time comes. This is somewhat of a mixture between specialized roles and shared influence. The captains have specialized roles as leaders, but the way they obtained these roles was from gaining respect in the shared influence environment. Tuesday, August 29, 2000-I have noticed that some of the assistant coaches on the football team use different influence processes when providing instruction for their players. For example, the receiver coach's players seem to be motivated to do things by indifferent compliance, meaning they are basically in a bad mood when they are told to do something. On the other hand, the outside linebackers coach seems able to make his players not necessarily enjoy practicing, but practice in a much better disposition. Thursday, August 31, 2000- In my night class, a girl in my newly formed group was telling me how hectic her job was. She described her job in the Human Resource department as reactive and unable to be scheduled. She says that on top of her daily, quarterly and annual tasks that she works on every day, she must constantly deal with small and large daily problems that arise. Some of these include, replacing sick employees, making claims on insurance policies, and screening potential employees. Monday September 2, 2000-The daily professional interactions of a head football coach, for example coach Hollis mentioned before are obviously wide ranging. I observe almost daily how must relay his instructions to secretaries, assistant coaches, and support staff. He is subject to taking instructions from the president of the university, the NCAA and the school's compliance coordinator. Another role is providing the media with comments on what is going on with the team. Perhaps his main role is to coach the players. They would be considered the employees in that situation. Tuesday, September 5, 2000-- Bibliography Waltner, Charles: Integrating Technology Into the Corporations IP networks PP. 87-92: Southwester Publishing Co., 1997 Psychology Essays