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Essay / Research Paper Abstract
This 4 page paper answers a set of questions set by the student, looking at what is meant by supply chain structure and tiering, why and how logistics are important in a competitive context, what is meant by a focused factory, the differences and similarities in data flow and material flow, segmenting in logistics and the benefits of a centralized stock. The bibliography cites 2 sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TEscop01.rtf
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Unformatted sample text from the term paper:
good is created with raw inputs, right though to the consumer. For example, the supply chain of orange juice will start with the orange growers. The structure of the supply
chain is the way it is made up, how many suppliers and links are involved, the type of organization and the way that the transactions take place. A supply chain
structure can be limited to a small locality, but may also be global with goods and components traveling around the world. Tiering takes place where the supply chain is
organized so that the suppliers operate in layers to save a buyer dealing with numerous suppliers and was first seen in the automotive industry. The first tier supplier maintains a
relationship directly with the manufacturers, they will then deal with second tier suppliers who provide components or sub modules to the first tier suppliers, they do not have a direct
relationship with the manufacturer. This is a tiered relationship it creates a hierarchy if management and control of the supply chain as the parts go though the layers. Question
2 Logistics are important as they deal with the way goods or services are moved around and get to the end user. Firms may compete using logistics in order
to gain a competitive advantage. Effective supply chain management can help to create cost advantages, the use of logistics for incoming goods lead to Toyota gaining a cost advantage. Getting
the goods to the end user is also important; companies such as Amazon rely on third parties to deliver goods, some companies may undertake deliveries themselves, as seen with firms
such as florists. The way movement of goods or services is managed is an important aspect of the way firms compete. Question 3 A focused factory is seeking to
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