of inventory management also concerns the fine lines between replenishment lead time, carrying costs of inventory, asset management, inventory forecasting, inventory valuation, inventory visibility, future inventory price forecasting, physical inventory, available physical space for inventory, quality management, replenishment, returns and defective goods and demandforecasting.
(2) The goal o
TO-BE: Create a better everyday life for the many peoples
(VISION)
- Take better control of its supply chain
- Enhance performance in terms of delivery service and costs
AS-IS: SCM problems (IMPLEMENTATION)
a) Overestimated demand to ensure delivery
b) Forecasting has been done on a regional level
c) The supply chai
Factors Contributing to the Bullwhip Effect
DemandForecasting
Lead Time
Batch Ordering
Price Fluctuations
Inflated Orders
Methods for Coping with the Bullwhip Effect
Reducing uncertainty
- Centralizing information
Reducing variability
- EDLP
Lead-time reduction
- cross-docking, EDI
Strategic partnerships
- VMI
Cross-docking
A practice in logistics of unloa
of products 30 TV using new market extension or price discount. Milk companies, however, if they can't sell their milk in time, the milk can't be sold anymore. This is because the company will get in trouble with the products freshness which is related with their success in the market. Thus exact demanding forecasting and distributing in time is very important.
1.2 History
In 1975 Seoul Milk
company tried to make loading and unloading just in time.For this, they use RFID system.
By this technology, the company could improve productivity and customer satisfaction by faster speed of shipping.
The trucks contain RFID tags.
And the system checks the cargo and the tracks the truck. And the system can identify that the cargo arrives on time.
RFID system can give better security.
1. Location-Based Service Background
1.1. Definition of Location-Based Service
Location-Based services refer to general class of computer program-level services used to include specific controls for location and time data as control features in computer programs. Location-Based services utilize location information to improve business productivity as well as adding value to a comfortable life.
of computer program-level services used to include specific controls for location and time data as control features
Device Manufacturers
Samsung, Apple
Content Provider
3rd parties (restaurants, etc.)
Location Provider
Telecommunication companies (KT)
LBS Provider
Groupon, Foursquare, etc.
An active service requires the mobile handset owner to request or demand a location servic
Introduction
We, Harmony Consulting Group, have started business in the field of Operations Management since 10 years ago. The ultimate mission of HCG is Delivering customer satisfaction. ”We care for our clients' business as our business”.
We are the trusted advisor to clients delivering customized services that solve their facing problems and create competitive advantage for winning the
of employees and no young skilled people. Also, Dongdaemoon market is losing its competitive because of the lower cost of the sewing factories in China and East Asia. Secondly, the design of fashion products in Dongdaemoon market is not original and there is no professional designer for them. In addition, Dongdaemoon market lacked the professional fashion forecasting system and weakened their des
3)Translate More for Less
Machine translation eliminates the main constraints of human translation: cost and capacity.
As the volume of information grows, it surpasses the capacity of human translators and enterprise budgets. Corporations want to translate more for less and they need to do it fast.
Machine translation is the only viable solution to translate content that would not be translate