Supply Chain Management - Woolworths and Nike - 1585 Words

Supply Chain Management Supply Chain Management (SCM) is a systematic integration of suppliers, Original Equipment Manufacturer (OEM), distributors and customers in order to produce and distribute the right quantities, to the right time, and at the cheaper cost, while satisfying the entire supply chain partners (Balsubramanium Roosebelt). In simple words, it is a process of moving goods from manufacturers to a consumer. Today successful companies, uses softwares or web based application service provider (ASPs) to provide them a better supply chain solutions. Technology has been the life and blood in all the fields since many years but in supply chain, it is playing an extraordinary role. Not only by cutting the cost, enhancing†¦show more content†¦The company also uses WebMethod Integration platform which is also known as Software AG, helps them in cost effectiveness and reduce duplication of within the Woolworths’ IT system. The company has invested more money in its supply chain developme nt program by bringing in Business Process Management (BPM) capabilities (Reuters 2009). In 2005 Woolworths became a major competitor to local supermarkets. The company hire â€Å"ECN Group† which are specialised in providing integration and messaging solutions that enable business to electronically manage and exchange a broad range of information flows across their organisations (The ECN Group 2009). ECN’s key focus is inside the supply chain and logistic of Retailer and Suppliers market. Events across supply chain impact on every business and the ability to meet customer’s anticipation. ECN helps Woolworths to obtain visibility of and mange these events which eventually lead to gain competitive advantage. The above example gives a clear idea that how one company can save millions of dollars just by managing their supply chain accurately. Below you will find some of the pit falls or disadvantage by using extensive SCM where Nike suffered million dollars of loss. Nike is one of the largest company in the world who manufacture and distributes sports and fitness products worldwide. Nike employs more than 33,000 peopleShow MoreRelatedA Case Study on Lady Foot Locker: the Lobo Launch1978 Words   |  8 Pagesthe profitability of the partnership and the launch - to know whether the decision of being partners with Reebok on the Lobo launch was a good idea III. Scopes and Limitations of the Study The study includes the current situation of Woolworth Corporation, the LFL, its consumers and Reebok. The nature of the company LFL., the organizational background of the company and the different strategies that the company has already done to the specific product line of athletic shoes and apparelRead MoreEssay on Foot Locker, Inc8899 Words   |  36 Pagesthe leading athletic footwear retailer in the United States (Foot Locker Inc., 2009). This widely-recognized corporation, as it is known today, has its roots back in 1879 when a man named Frank Winfield Woolworth opened his first five-and-ten store in Utica, New York (Funding Universe, 2005). Woolworth opened this store after discovering how popular a five-cent strategy worked for Moore Smith when he was employed by the firm in 1878. Woolworth’s first store failed after only a few months. HoweverRead MorePrimark4421 Words   |  18 Pagescompany still continues to operate under the brand name Penneys in Ireland. By the year 1973, Primark had opened four out-of-town stores in Great Britain. In 1984 it made its first major acquisition of five Woolworth stores in Northern Ireland. In 1995 it acquired BHS one-up discount chain. In 1999 it acquired 11 properties from Co-op, including Reading. In 2000 it acquired 11 UK stores of C A. In 2005 it acquired six stores from Allders. In the same year it acquired 41 stores of LittlewoodsRead MoreMarketing Mistakes and Successes175322 Words   |  702 PagesMcDonald’s, Google, Starbucks Product Starbucks, Nike, Coke/Pepsi, McDonald’s, Maytag, Dell, Hewlett-Packard, Newell Rubbermaid, DaimlerChrysler, Kmart/Sears, Harley-Davidson, Boeing/Airbus, Merck, Boston Beer, Firestone/Ford, Southwest, MetLife, Borden, United Way, Vanguard, Continental, Euro Disney Distribution Nike, Coke/Pepsi, Newell Rubbermaid, Harley-Davidson, Vanguard, Starbucks, Kmart/Sears, Hewlett-Packard, Dell Promotion Nike, Coke/Pepsi, Maytag, Vanguard, Merck, Boston BeerRead MoreChanging Consumer Pattern in India5099 Words   |  21 Pagesbenefits or other incentives, this time around manufacturing investments are spread almost all across India. This is, of course, after evaluating attributes such as the availability of raw material, manpower and its relative costs, environment issues, supply chain and logistics issues, and market factors which render availability of fiscal incentives as just one of the many variables in the manufacturing location selection grid. The services sector is also moving beyond IT. The largest growth in the comingRead MoreIntroduction to Large Scale Organizations18988 Words   |  76 PagesUNITS 3 AND 4 BUSINESS MANAGEMENT SUMMARY UNIT 3 AOS1 – LARGE SCALE ORGANISATIONS IN CONTEXT LARGE SCALE ORANGISATIONS -An organisation is an entity enabling groups of people to work in a planned and coordinate way to achieve a common goal or objective Classifying LSO s *Number of employee s exceeds 200 (according to the ABS) *Revenue (gross income) is in the millions of dollars *Total assets or market capitalisation (no. of shares x share value) is over $200 million *Profit after tax isRead MoreMarketing Management130471 Words   |  522 PagesDBA 1652 Marketing Management UNIT -- I Unit No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Unit Title Marketing management – an introduction Marketing environment Marketing with other functional areas of management Market segmentation Market targeting and positioning Product management Brand management Pricing Channel design and management Retailing and Wholesaling Integrated Marketing Communication Advertising management Sales promotion Personal selling PublicRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pageson the Companion Website. These are a selection of cases from recent editions of the book which remain relevant for teaching. The case studies are intended to serve as a basis for class discussion and not as an illustration of either good or bad management practice. They are not intended to be a comprehensive collection of teaching material. They have been chosen (or speciï ¬ cally written) to provide readers with a core of cases which, together, co ver most of the main issues in the text. As such, theyRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesCover Designer: Wanda Espana OB Poll Graphics: Electra Graphics Cover Art: honey comb and a bee working / Shutterstock / LilKar Sr. Media Project Manager, Editorial: Denise Vaughn Media Project Manager, Production: Lisa Rinaldi Full-Service Project Management: Christian Holdener, S4Carlisle Publishing Services Composition: S4Carlisle Publishing Services Printer/Binder: Courier/Kendallville Cover Printer: Courier/Kendalville Text Font: 10.5/12 ITC New Baskerville Std Credits and acknowledgments borrowedRead MoreDamodaran Book on Investment Valuation, 2nd Edition398423 Words   |  1594 Pagesfrom the asset being valued, though the valuation model may add to that uncertainty. This chapter lays out a philosophical basis for valuation, together with a discussion of how valuation is or can be used in a variety of frameworks, from portfolio management to corporate finance. A philosophical basis for valuation It was Oscar Wilde who described a cynic as one who â€Å"knows the price of everything, but the value of nothing†. He could very well have been describing some equity research analysts and many