Supply Chain Risk Management Analysis - 1521 Words

Uta Jà ¼ttner, (2005),Supply chain risk management, The International Journal of Logistics Management, Vol. 16 Iss 1 pp. 120 - 141. Supply chain risk management is an intersection of supply chain management and risk management. For this we need to understand the benefits and as well as the limitations of both the concepts. Supply chain risk is about any threat of interruption in the order of workings of the supply chain. This Risk is generated as result of risk ‘drivers’ that are internal or external to the company or the practitioner. External Drivers constitute of demand risk, supply risk, Environmental. And internal drivers constitute of process risk, control risk, mitigation and contingency. SCR managers need to assess the risk sources for the supply chain, identify the risk concept of the supply chain by defining the most relevant risk consequences, track the risk drivers in the supply chain strategy and mitigating risks in the supply chain (Juttner et al., 2003) Attempts to clearly describe supply chain risk management since the literature is replete with buzzwords that address elements or stages of this new management philosophy. This research paper is based on the supply chain risk management(SCRM) in a business and the challenges it faces with risk involved at every step of the process. Uta Juttner has written a rather confusing and self explanatory piece of paper. A system of methods used in a particular area of study or activity: a methodology forShow MoreRelatedSupply Chain Risk Management Analysis Essay3068 Words   |  13 Pages SUPPLY CHAIN RISK MANAGEMENT Intro: It is too difficult to give one and distinctive definition of Supply Chain Risk management (SCRM). Indeed, Sodhi, Son, and Tang (2012) begins their findings with the similar fact that ‘there is no clear consensus on the definition of SCRM (because some restrict the scope of SCRM to rare but large impact events while other authors believe that SCRM is about demand-supply uncertainties. 1/3rd of their analysis did not just show that respondents took a probabilisticRead MoreAn Empirical Analysis Of Supply Chain Risk Management1692 Words   |  7 PagesDaniel Hoenig in the paper titled â€Å"An empirical analysis of supply chain risk management in the German automotive industry† applied the practices of supply chain risk management by surveying sixty-seven manufacturing plants in German automotive industry. The need of real empirical research in supply chain risk management to help analyzing supply chain risk and test the previous research proposed instruments that can be applied for supply chain risk management was the motivation of this work. In this paperRead MoreIntroduction Of A Supply Chain Management1564 Words   |  7 PagesIntroduction 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 on supply chain performanceRead MoreGlobal Supply Chain Network Challenges1259 Words   |  6 Pagesorganizations confronted compelling supply chain network challenges that extended their abilities to the limit. Both the dominance of characteristic calamities and gigantic monetary swings brought about great difficulties over the supply chain. These challenges have not diminished. Supply chains, which once worked just about on autopilot, face numerous perils today in both the worldwide and the domestic market. This paper covers the most common hazards in the worldwide supply chain network and strategies forRead MoreEffectiveness Of Risk Identification And Analysis Of Construction Projects Of Mumbai City Of Multi Storeyed Building Essay929 Words   |  4 PagesAbstract – Risk is present in all projects irrespective of their size or sector. If risks are not properly analyzed and strategies are not developed to deal with them, the project is likely to lead to failures. Therefore, special strategies and processes should be established during the initial phases of the project and also monitored throughout the project life cycle. There are different techniques of risk identification and analysis in construction projects. Applicability of various risk assessmentRead MoreHostel Information System1665 Words   |  7 PagesCASE STUDY ANALYSIS OF EXEL PLC Supply chain management at Haus Mart INDEX TABLE OF CONTENTS Page No. 1. Executive summary 3 2. Problem (Issue) statement 4 3. Data analysis 4 4. Key Decision Criteria 5 5. Alternatives analysis 6 6. Recommendations 8 7. Exhibits 9 EXECUTIVE SUMMARY Exel Plc is the world’s largest third party logistics service provider. The company offers variety of services which can be broadlyRead MoreManaging The Risks Of The Supply Chain Essay1573 Words   |  7 PagesMANAGING THE RISKS OF THE SUPPLY CHAIN Adam Lindeman November 21, 2016 Submitted in partial fulfillment of the requirement of 295 ISE Seminar Course FALL Semester, 2016 Systems Science and Industrial Engineering Department Thomas J. Watson School of Engineering and Applied Science State University of New York at Binghamton TABLE OF CONTENTS Will update for final paper. Will include a complete list of every section and where to find it. Sections will include an Introduction, Analysis, ConclusionRead MoreFailure Case Of K Mart s It Modernization System Project1256 Words   |  6 Pagesproject? How did its project manager do in this project? What are the project problems? How can we learn from the failure of this case? The paper includes the case background introduction, the project development process, the problems in the project, analysis and discussion, and conclusion about the lesson from the case. INTRODUCTION Today, IT project is more popular than before because of IT huge potential opportunities for business developments. Many companies start IT system project for optimizingRead MoreProduction Planning And Inventory Control1520 Words   |  7 PagesPlanning and Inventory Control Processes covers manufacturing, storage, and related areas. Specifically, the production planning controls the designing and management of the entire airplane manufacturing processes input material scheduling and acquisition, manufacturing, design, and material handling. The inventory control is on the design and management of storage procedures for the raw materials inputs in the airplane manufacturing processes, work-in-progress inventories, and final products. The DistributionRead MoreMaterial Flows And Inventory Policy During Military Scm1484 Words   |  6 PagesMaterial Flows and Inventory Policy in Military SCM According to Major Joshua M. Lenzini in his article Anticipatory Logistics: The Army’s Answer to Supply Chain Management, â€Å"Supply chain management is similar for both corporate and military organizations. However, some significant differences are evident in these models. The first is the absence of maintenance on the corporate model. Another is that transportation, distribution, and warehousing are unidirectional in the corporate model but dual

The Zero Waste Lifestyle Is The Healthiest - 952 Words

With all the pollution and waste in the world people don’t think that by doing small things they can help. Zero waste lifestyles are the way we should be living. They are much more efficient in creating less trash per household. People should be more conscious to living this way. The zero waste lifestyle is the smartest way to live and can lead to healthier life. The zero waste lifestyle is the healthiest and most efficient way to live. The zero waste lifestyle is very good at reducing the amount of trash each household produces. On average each household in the US produces 1570 pounds a year roughly 4.3 pounds per day. By switching to the zero waste lifestyle you can reduce that down to roughly a quart which is equivalent to four cups. This has been done by Bea Johnson, she lives the zero waste lifestyle way. She is very smart when it comes to reducing the amount of trash her family creates. She uses glass jars in place of plastic containers. She made her own reusable shopping bags and she has created many other eco friendly substitutes. Another woman who is trying to reduce the amount of trash her family produces is Alicia Ebaugh. Her family only fills one kitchen trash bag full over the course of a year. She says â€Å" preparing meals at her Michigan City home instead of stopping at fast food restaurants not only reduces waste by avoiding throw-away cups, bags and other containers that come with the food, but a lso waistlines†. So not only is It going to help theShow MoreRelatedPepsi Of Coca Cola Company1918 Words   |  8 Pagesour consumers. All of us at Coca Cola care about our customers and this is why we make sure to target every variety of people and an example of this is our creation of Dasani water and its variety of flavors for those trying to maintain a healthy lifestyle. (Sophia Pimentel) SWOT Analysis Strength (Sophia Pimentel) o Globally Known Coca Cola is one of the most successful companies in the world. A contribution to this success is the fact that the Coca Cola name is known worldwide. People are ableRead MoreGraduation Speech : High School1800 Words   |  8 Pagesbecause Bentley is ranked #3 in the country for giving the most financial aid to its students. However, when my financial aid package arrived, I was stunned. I was given an astounding, grand total of $0 by the school to help tackle the hefty price tag. Zero. Zilch. Nothing. Endless questions began to race in my mind. â€Å"How can 95% of Bentley students receive financial aid if I received absolutely nothing? Can I afford to go to Bentley? Even after my years of hard work, will I have to turn away from myRead MorePepsico Case8696 Words   |  35 Pageschange too. Pepsi therefore said goodbye to the long-running â€Å"nickel, nickel† slogan and introduced a more lively â€Å"More Bounce to the Ounce† slogan to the after-war population. Duri ng the 1950s, Pepsi evolved from the low cost price leader to a more lifestyle drink approach. For example, as Americans became more health conscious, Pepsi introduced slogans such as â€Å"The Light Refreshment† and â€Å"Refreshing Without Filling.† Other new advertising campaigns included slogans such as â€Å"Be Sociable, Have a Pepsi†Read MoreBuilding Materials : A Sustainable Design And The Place Of Traditional Materials9535 Words   |  39 Pages â€Å"Buildings consume more resources than necessary, negatively impact the environment, and generate a large amount of waste.† U.S. Department of Energy, 2003 The challenge, today, is to build intelligently, so that buildings use a minimum of non-renewable resources and produce a minimum of pollution and wastes, while increasing the well-being of the occupants. This paper is an effort to understand the importance of building materials’ selection in sustainable design and the place of traditionalRead MoreFirehouse Subs expansion Essay7581 Words   |  31 Pagesprimary menu items aren’t tailored for sandwiches like Domino’s Pizza. The Millenials are the generation that is growing this category. They prefer to have food that is conveniently made and not only fast but fresh as well. These options fit their lifestyles and we have seen this to be the case with the emergence of not just restaurants that focus on sandwiches but sandwich options at many restaurants and fast-food locations whose primary food category is not sandwiches. 5.2 Target Market MillenialsRead MoreMcdonalds International Marketing Analysis Essay8542 Words   |  35 PagesMcDonald’s ultimately decided to pull the pig toy in fear it would offend Muslim customers, replacing the pig with a cupid toy. This move upset Chinese consumers, especially those born in the year of the pig. The decision to pull the pig in China made zero strategic sense as there are only 22 million Muslims in China, comprising just 1.6% of the total population. This same decision was made in Singapore; in light of the fact 75% of the population is Chinese, while just 10% are Muslim (appendix 8). ThisRead MoreCogave+Energy+Drink+Marketing+Plan7253 Words   |  30 PagesIncome) Psychographic Our target psychographic selection was chosen based on social class and lifestyle. The social class determination is directly related to the income level shown in Fig. 3. The lifestyle selection correlates to the survey of current customers. * Social Class * Middle class and up * Lifestyle * Achievers * Active / Busy Lifestyle * Environmentally Conscious * Health Conscious Survey of Target Market Young adults ages 18-24Read MoreMonster Energy Essay11236 Words   |  45 Pagescommunities. Since Monster energy drink was introduced in 2002, the brand has become very Environmentally aware. Materials used such as aluminum, to produce the standard 16 oz. can, can be recycled. Monster is also a proud promoter of the Electronic Waste Collection event which is supported by the ECS Refining’s E-collective program. The event focuses around electronic donations which will be recycled (TVs, computers, cell phones, etc.), all proceeds going to charities and programs as stated above. Read MoreAustralian Beverages Limited13348 Words   |  54 Pagesamount of water being consumed, the issue of the resultant bottle waste has become significant. In Australia, of the 118000 tonnes of drink bottle plastic used every year, only 35 per cent is recycled. In South Australia, where consumers can redeem a deposit for drink containers, the bottles made up less than 10 per cent of the states rubbish, compared with 13.4 per cent nationally. Drink bottles also take up more space than other waste, comprising 38 per cent of total volume of litter. Recycling experts Read More2006 Arroyo Case Study31910 Words   |  128 PagesPlan-Do-Check-Act L LDL: Low-density lipoprotein, a type of cholesterol People Review: A step in the Strategic Planning Process to address workforce capability and needs and to develop the HR plan Lean: An initiative focused on eliminating all forms of waste and reducing cycle time while becoming more responsive to customer demand PHP: Personal Health Plan, the plan that patients and providers develop based on assessed needs and personal preferences and goals M MA: Medical Assistant Poka-yoke:

Indi Indian Business Processing Outsourcing - 1964 Words

Since the late 19 century, as described Mukherjee (Cited in Peng 2014) Indian Business Processing Offshoring (BPO) industry case study, outsourcing business processes offshore has been the vital strategy in response to the business survival of the rapidly internationalised resource environment. In essence, as described Mukherjee, it is the complexity of definitive features for a successful BPO for Multi-National Companies (MNC) and the lack of regulative measure of examination and control of the BPO industry that resulted in a double edge sword; as offshore outsourcing highly value adding business process activities increases the potential in relieving operation process capacity, subsequently allowing effective optimisation of existing†¦show more content†¦Industry analysis To understand Mukherjee’s Case study of BPO as an international strategy of outsourcing, context and requirement need to be realised. Offshore outsourcing, regardless of the macro or micro economics of the existing company, is historically conducted to gain knowledge and cost effective method within the business operation processes (Bunyaratavej, Doh, Hahn, Lewin, Massini 2011), ensuring business operation efficiency within the global economy (Lewin and Couto 2007). Yet it wasn’t until the late 20 the century, research and case studies perspectives involving different stakeholders primarily business industries (Corbett, 2004) and institutions (Drezner, 2004) that caused controversy. In principle, BPO as an outsourcing activity is a phenomena of procuring cost –effective operation process resource transnationally (Doh, Bunyaratavej, Hahn, 2009), especially unique resources such as skilled labour, in order to reduce cost (Smith, Mitra, Narasimhan, 1998), allowing effective appraisal of critical activities of supply chain (ed. Merchant Verbeke 2012) whilst resolving potential bottleneck operations by decreasing non-critical activities for resource allocation. A 2004 industry presentation conducted for IVEY faculty found Indian

Global Trends in Renewable Energy Investment

Question: Discuss about the Global Trends in Renewable Energy Investment. Answer: Summary of focus chapter: Renewables and storage The chapter on renewable and storage brings into highlight the need for balancing renewable energy sources and deal with energy storage to deal with demand spikes in renewable energy generation (FS UNEP Centre. 2017). The rise in renewable energy resource has increased due to the changing world dynamics and more focus on investing in renewable energy. With recent technological advancements, the number of creative ways to restore energy has become possible to meet rising energy demands. The improvement in the economics of renewable energy is also creating opportunity for increased investment in renewable energy (Lewis 2014) As there might be variations in wind speed or cloud cover, making up for the demand in renewable energy resource might be difficult. To balance this fluctuation in renewable resource, balancing techniques is required to meet consumptions demand efficiently. National grid system operators is the answer to these issues as they can anticipate extra generations needs based on improved energy forecasting techniques (Castillo and Gayme 2014). There are four ways to balance the generation of renewable energy resource- via conventional generation, interconnectors, demand response strategies and the energy storage. The decision to choose the best method for balancing depends on long-term or short-term needs and costs involved per MWh. Considering several limitation in other three approaches, energy storage is regarded as the best technique to quickly respond to demands (FS UNEP Centre 2017). In order to succeed in energy storage, understanding about current storage landscape is important. Storage has become an exciting field for investors due to cost declines in lithium-ion batteries due to fierce competition among electric vehicle manufacturers. Entrepreneurial efforts to produce lithium-ion batteries are one the rise with about 35GWh production every year by Tesla Motors. Hence investment in storage has increased particularly to improve grid performance, manage demand-supply problems and regulate frequency of renewable resource usage. Further improvement in storage facility has been done by application of behind-the-metre storage to balance small scale industries. Electrification extension has been possible in conjunction with solar mini-grids which have battery storage as well as diesel generators for back-up. Several projects are being planned related to batter storage and increasing capacity f energy storage products. Policy makers are aware of the challenges in balancing renewable and energy storage due to cost issues in spite of several improvements in storage technology. Top companies are investigating the actual cost involved in balancing renewable. It will be necessary to engage in flexible generation by combining interconnectors, demand response, gas-fired power and energy storage (Kousksou et al. 2014). In case of quick balancing needs, the focus will be on renewable energy installation close to the site. Many German companies are also looking into introducing batteries in renewable energy plants to curb the current cost of energy generation. The cost will also depend in duration of battery use and it is predicted that with the cost of batteries is likely to go down in the recent years which will help in balancing efforts (FS UNEP Centre 2017). Reference Castillo, A. and Gayme, D.F., 2014. Grid-scale energy storage applications in renewable energy integration: A survey.Energy Conversion and Management,87, pp.885-894. FS UNEP Centre. 2017.Global Trends in Renewable Energy Investment 2016. [online] Available at: https://fs-unep-centre.org/publications/global-trends-renewable-energy-investment-2016 [Accessed 18 Jan. 2017]. Kousksou, T., Bruel, P., Jamil, A., El Rhafiki, T. and Zeraouli, Y., 2014. Energy storage: Applications and challenges.Solar Energy Materials and Solar Cells,120, pp.59-80. Lewis, J.I., 2014. The rise of renewable energy protectionism: Emerging trade conflicts and implications for low carbon development.Global Environmental Politics.