Operations Management: Processes And Supply Chains (12th Edition) (what's New In Operations Management)
12th Edition
ISBN: 9780134742205
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 14, Problem 3C
Summary Introduction
Interpretation: The advantages of supply chain design integration with respect to investment and space.
Concept Introduction: The supply chain of a company, especially that of a diversified company consists of a large number of suppliers, each supplying one or more than one item (product and/or service). For its performance, the company depends heavily on this chain which needs to be effective and efficient in totality. Even one single weak link in the entire chain can jeopardize the company’s performance. To avoid/eliminate such cases, it is essential to integrate the supply chain with the company’s operations during the design of the chain itself. This is the only way of economizing on costs (including those of finance and space) without sacrificing performance. The integration will involve all the suppliers, the company’s operations and in some cases (of course with the consent of the supplier) the supplier’s supplier.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
What is Supply Chain Network Design and Why is it Important?
Please answer asap
1. supply chain Design has helped organisations with alternative ways or choices to realize their business goals. Discuss any four benefits that can be realized by organisation that implemented SCD?
2. what is your understanding of the terms, supply chain design (SCD) and supply chain management (SCM) as applied in logistics and supply chains?
Explain how a well-managed supply chain network helps inincreasing the efficiency of a company?
Chapter 14 Solutions
Operations Management: Processes And Supply Chains (12th Edition) (what's New In Operations Management)
Ch. 14 - Prob. 1DQCh. 14 - Prob. 2DQCh. 14 - Prob. 3DQCh. 14 - Prob. 4DQCh. 14 - Prob. 5DQCh. 14 - Prob. 1PCh. 14 - Eight Flags operates several amusement parks in...Ch. 14 - Prob. 3PCh. 14 - Beagle Clothiers uses a weighted score for the...Ch. 14 - Prob. 5P
Ch. 14 - Prob. 6PCh. 14 - Prob. 7PCh. 14 - Prob. 8PCh. 14 - Prob. 9PCh. 14 - Prob. 10PCh. 14 - Acadia Logistics anticipates that it will need...Ch. 14 - Prob. 12PCh. 14 - Prob. 13PCh. 14 - Prob. 1VCCh. 14 - Prob. 2VCCh. 14 - Prob. 3VCCh. 14 - Prob. 4VCCh. 14 - Prob. 1CCh. 14 - Prob. 2CCh. 14 - Prob. 3C
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- What are the three elements that require integration to be successful in operations and supply chain management? (Answer in Appendix D)arrow_forwardState examples of supply chain sustainability efforts in operations ?arrow_forwardIn a service supply chain, to minimize the high cost of hiring and laying off employees, the service provider can use some specific strategies to deal with periods of high demand. What are five strategies the service provider could adopt?arrow_forward
- 2. Describe Webvan's supply chain design in detail. Contrast Webvan's supply chain with that of a typical grocery supermarket. What, if any, are the advantages and disadvantages of Webvan over the supermarket?arrow_forwardWhat is the importance of supply chain design in the success of a business?arrow_forwardValue Chain; Sustainability One way the value chain can be helpful is to provide a basis for acompany to determine the full cost of its product or service over the entire value chain. Often companies tend to focus only on manufacturing costs and ignore the upstream (design, testing, etc.) anddownstream (marketing, distribution, etc.) costs of the product or service. Full value-chain analysisof this type is useful to the consumer as well as the manufacturer. For example, a product might beinexpensive to buy, but the operating costs may be higher than expected. Consider for example thecase of a company, CleanTech, which provides a cleaning service to owners of large storage tanksthat often contain hazardous liquids such as fuel oil or toxic chemicals. CleanTech is considering thepurchase of a new system for cleaning tanks that is somewhat more expensive than its current equipment, but one which could reduce both operating costs and the amount of environmentally harmfulwaste product that…arrow_forward
- In a service-oriented industry, discuss the role of employee training and empowerment in preventing and managing customer conflicts.arrow_forward"Supply Chain Management is normally defined as optimal fulfillment of customer needs at minimal cost" Explain with the help of a diagram, the various functional aspects that have led to the evolution of Supply Chain Management.?arrow_forwardPlease write your understanding about figure 1.9 As Figure 1.9 shows, the customer is viewed as an input that is transformed by the service process into an output with some degree of satisfaction. The role of the service operations manager includes the functions of both production and marketing in an open system with the customer as a participant. The traditional manufacturing separation of the production and marketing functions, with finished-goods inventory as the interface, is neither possible nor appropriate in services. Marketing performs two important functions in daily-service operations: (1) educating the consumer to play a role as an active participant in the service process and (2) “smoothing” demand to match service capacity. This marketing activity must be coordinated with scheduling staff levels and with both controlling and evaluating the delivery process. By necessity, the operations and marketing functions are integrated for service organizations. For services, the…arrow_forward
- Specific individual firm measures in supply chains are the following EXCEPT Question 46 options: unit cost. supplier turnover. flexibility. on-time delivery.arrow_forwardExplain the value chain and highlight its importance. Identify its components and explain how they work. Answer the following questions: Discusses and defines the logistics of the value chain. Mention the two parts into which it is divided and how they differ. Highlights its importance. Explains how the support activities of the value chain contribute to achieving good results in the operations of a business.arrow_forwardWhat is supply chain management (SCM)? Describe some of the potential benefits of SCM. Explain in detail how one of these benefits affects the organization.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.