Question #2-Define the supply chains for the following products from the first source of raw materials to the first customer. A) Big Mac, B) Gasoline, C) Automobile repair, D) A Text book.
Supply chain, its management, performance measures and improvement approaches. As an extension of the systems point of view, the system dynamics inherent in the supply chain are illustrated and the coordination in the supply chain is emphasized. Five areas where measurement of supply chain performance should be made are discussed. The five areas are on-time delivery, quality, time (business cycle) total delivered cost and flexibility.
The first step in devising an effective supply chain is to consider the nature of demand for the product. For this
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If the process First In, Last out (FILO) was used, then the finished product would be dry and unappealing because the first one prepared is the last one sold temperature.
Benefits to customers and restaurants - The centralized stock management system generates many benefits. Many of these are for restaurants and Restaurant Managers.
However, customers also benefit through improved customer experience – customers can eat a quality product, in a clean environment, when they want it. Benefits include:
1. Restaurants avoid running out of stock. As a result, customers can always receive what they order.
2. The system eliminates inexperience in the ordering. The system enables a new Restaurant Manager to ensure the order is right first time.
3. Time saved in ordering as the system calculates how much is required.
4. Orders are based on the current stocks. The Restaurant Manager simply inputs the current stock level.
5. Less waste means food costs are reduced. This cost saving is then passed on in better value for money for customers.
6. The amount of stock ordered for promotions is more accurate, being based on past performance.
7. There is a reduction in the need for emergency deliveries, saving money.
8. Stock levels are always at Optimum level, helping to ensure sales and the freshest product.
9. Stock can be reduced automatically at the end of a promotion, avoiding too much stock. Gasoline – Different stages in petroleum supply chain:
This means that stock levels of raw materials, work in progress, and even finished products are kept to a minimum. However, this system requires a very carefully planned scheduling for it to work. Inventory levels are closely monitored such that stock is only obtained when it is needed. This makes storage or warehousing easy since less space is required transportation as well.
Research the responsiveness issue in supply chains (push, pull, and postponement strategies). Define each strategy and discuss the major differences between them. Name some companies that use each strategy. Do not just use the textbook for your answers.
Order Placement: A web-store should be setup with both a customer and employee-facing portal that allows orders to be placed based off of real-time inventory counts.
more convenient business for our customers. This helps us in both the short and the long
8. Shorter cycle and lead times – Improved relationships with suppliers and involvement in product and process improvement
Some restaurants, instead of choosing to automate their ordering by syncing their online ordering and their POS system, take a more hands-on approach, and work with their online ordering provider to receive communications from the provider about orders. The back end of the system looks slightly different in that situation. A customer might place their order online, and rather than having it sent directly to the POS system, the provider handles the order coordination. Often, then, the provider will send a message or fax to the restaurant, letting them know what menu items were included in the order and how the customer paid for the
1) Many different end items are made from a small number of components. What manufacturing environment would this be? a) Make-to-stock b) Make-to-order c) Assemble-to-order d) Engineer-to-order 2) A company is beginning a project to implement a Six Sigma program. If the company is going to be successful, which of the following is most necessary? a) Six sigma black belt b) CEO support c) Statistics training d) CPIM certified managers 3) In a lean manufacturing environment, which of the following would be considered waste? a) Set up b) Queue time c) Operation time making saleable parts d) Process charting 4) The key component to
• further improving customer service, improving manufacturing efficiency and creating an advantaged supply chain focused on optimizing inventory levels(Edgar);
Understanding supply chain perspectives was a bit more complicated for me. After reviewing the material, I realized that companies need to find ways to differentiate from other companies. Supply chain strategies help companies make their products more desirable by consumers. Once again I concluded that customer satisfaction is the most important KPI in an organization. Just like marketing strategies, supply chain strategies also target customers. They are a chain of dependent activities that, if used consistently, collaborate to target the highest levels of customer service at a lower cost.
Eliminates waste from inventory and overproduction. Can eliminate the need for physical inventories (instead relying on signal cards to indicate when more goods need to be ordered).
The objective of using operation system in Food and Beverage Department is to ensure the operation run smoothly. Point of sales system was one of the specific systems that used in Food and Beverage department. Hospitality Point of sales (POS) system is keep tracking of sales, labor and payroll for the hotel restaurant or it was a computerized replacement for a cash register (Rouse, 2011, p.1). According to Wikipedia POS software allow to transfer the meal bill to the guest room bills (Wikipedia, 2016, p.1). This wills convenience the customer pay once time when they check
The first step in devising an effective supply chain is to consider the nature of demand for your product.
2. Supply chain management tries to match the flow of materials, services and information with demand.
* According to Handfield and Nicols 1999, the nature of how supply chains are defined as “supply chain contains all activities that involve the flow and transformation from raw materials”. Following on from this description I will describe the nature, first of all, the supply chain is a network of facilities that distribute and output the performance from their findings of raw materials that which associates themselves with the products that already exist in supply chains. It allows the transportation from one supplier to the consumer to be handed in time as well as to towards the final customer.
Explain the three decision phases (categories) that must be made in a successful supply chain?