Memo # 5: Deliver
The deliver process of the SCOR model is a very important part of how business operates. While the delivery process does include the physical delivery itself, there are several more aspects that it also includes. Without the deliver process being handled properly, the way business operates would be extremely inefficient, and would progress much slower.
One problem anyone is going to have in just about any industry is the amount of inventory to keep at warehouses. If there is too much inventory, then high costs will become a problem and hurt your bottom line. At the other end, if you try to save too much money by keeping inventories dangerously low, it may create stock-outs. These can infuriate your clients to the point of taking their business elsewhere. There are many different strategies, according to logility.com one of them is called Multi-Echelon inventory optimization. The basic concept is to look at all of your warehouses as a whole, whether it is right next to the end user or a large central corporate warehouse. It also suggests using a system that will factor in things like housing costs and sales projections. Most supply chains will have larger warehouses that will eventually ship goods to their smaller warehouse counterparts. One might think that having one side of the chain loaded with inventory could make a great reactive or conservative supply chain respectively. However it is extremely important to have just enough inventory while not wasting too much money on excess inventory.
To go along with the theme of saving money while at the same time not having stock-outs, one thing that needs to be kept in mind in fluctuations of demand. Just like anything in life, there are going to...
... middle of paper ...
.... Companies in the auto industry are huge users of this technique. In an industry such as cars where people can get several different options in their car, it would be just ridiculous to make all of the differences up front during production.
The actually logistics within the delivery process can be confusing, but there are several options such as outside sources and in-house shipping coordinators. While both have ups and downs such as price difference and reliability, a good amount of research is crucial before executing anything.
The delivery process in the SCOR Model is a very interesting combination of inventory management and logistics. There are several different tools that can be used to help deal with the madness. While some can be expensive and intensive, it is important to always be looking towards the future to improve your supply chain.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Supply Chain Management (SCM) is the integration of information, technologies and management of key business functions which is linked directly or indirectly and provides services to the same customer. It promotes the flow of products downstream from raw materials to the end consumer and the flow of information upstream from consumer to supplier . In above figure it explains that raw materials is procured and then it goes to the supplier for processing of raw material, suppliers supplies the processed raw materials to the manufactures, producers transform these raw material into finished goods, distributors delivers finished goods, packed materials to customers or retailers and retailers... [tags: business processes, SCOR model]
2921 words (8.3 pages)
- 3 Business process re-engineering: Methods and Techniques The existing methodologies are decomposed in order to select the most suitable at every stage and also additional methods and techniques are also adopted from the wider Supply Chain Management literature. The resulting one is the multi methodology, the essence of which is to link the various parts of the different methods to handle a particular situation (Mingers & Brocklesby, 1997). Strategic vision: This is the stage which is available in most of the reviewed methods.... [tags: Management, Supply chain management]
944 words (2.7 pages)
- In addition, the organization has been designated by AARP as a Best Place to Work for Employees over fifty. I learned in ADM-315 Diversity in the Workplace, “attracting and retaining the best people as employees requires that organizations meet potential employees’ needs, show respect for them as individuals, and use multicultural skills in working with them” (Carr-Ruffino, 2009). LCEC is a great company. We truly do offer great service to our customers. The relationship with my supervisor has been like no other, you can see the dedication.... [tags: business process mapping projects]
1943 words (5.6 pages)
- A Model- Based Methodology for Spray Drying Process Development Journal of Pharmaceutical Innovation September 2009 Volume 4 Issue 3 This paper describes a novel methodology based on fundamental engineering models as well as process characterization techniques to ensure that the spray drying process is efficient and requires minimal time and API. Spray drying methods use rapid drying kinetics to produce solid amorphous dispersions, excipients, and encapsulation. Spray drying dispersions are used to increase bioavailability of poorly soluble APIs.... [tags: engineering models, process techniques]
1395 words (4 pages)
- There are two main models in the criminal process, the crime control model and the due process model. The crime control model focuses on repression of crime in a speedy and conclusive way. The use of “presumptions of guilt” speeds the process up because very little evidence is needed against the suspect for them to be considered guilty. In this model, it is believed the laws should be stricter, the police force should be increased, and the sentences should be more intense. The due process model has more steps and is more dependable.... [tags: criminal process, crime, brothe boy]
563 words (1.6 pages)
- Stand and Deliver “There will be no free rides, no excuses. You already have two strikes against you: your name and your complexion. Because of these two strikes, there are some people in this world who will assume that you know less than you do. Math is the great equalizer... When you go for a job, the person giving you that job will not want to hear your problems; ergo, neither do I. You're going to work harder here than you've ever worked anywhere else. And the only thing I ask from you is ganas.... [tags: Movie Review, Film Review]
1481 words (4.2 pages)
- Most global corporations in today’s business world are focusing on their business process and ways to manage those processes in order to become successful and leverage themselves against competitors. The understanding is that efficient business processes are beneficial to the business in the long run when considering factors like cost reduction, meeting customer’s expectations and streamlining business operations to eliminate any loopholes that are detrimental to the business. Change (2016) defines business process management as an approach that focuses on workflow of the firm and in the process divulging any errors that may hinder good performance, hence, it is used to structure a firm’s w... [tags: Management, Process management]
896 words (2.6 pages)
- Waterfall is a linear process model that follows a sequential path from requirements analysis, design, implementation, testing and delivering the product (Royce, 2005, p30). It is characterised by being a document heavy and predictable. Because of the predictability it’s strengths are when a project has concrete requirements from the beginning that are extremely unlikely to change (Boehm, 1988). Being extremely well documented, the entire process is transparent and if one was to look through the documentation all relevant information would be available such as current progress so far and expected completion dates for the entire project.... [tags: Agile software development, Waterfall model]
2404 words (6.9 pages)
- Team Model Building A model for explaining the context and process of teamwork must operate on two plains. There is a group dynamic impacting the team process as a whole and a personal dynamic that tracks the phases and changes that the team members experience throughout the team process. After reviewing the University of Phoenix Team Life Cycle Model, reflecting on the course readings, and conferring with teammates, two tracks were identified that have application for University of Phoenix teams; and possibly, a broader representation for industry and not-for-profit organizations.... [tags: Teamwork Team Building Analysis Model]
1671 words (4.8 pages)
- Data Models: Data models describe how data is connected to each other and how that process and stored inside the system. Hierarchical Model: The hierarchical data model is like trees structurethat present data to users in tree structure. In hierarchical model each record looks like an organizational chart with one top level segment called root. The upper segments are connected logically to the lower segments like as parent and child relationship, and a parent segment can have many children but a child segment can have only one parent.... [tags: Entity-relationship model, Data modeling]
729 words (2.1 pages)