Tuesday, December 24, 2019

Supply Chain Management and Time Series Methods - 1280 Words

Executive summary 1. Introduction 2. Background 3.1 Costco history (departments, countries, organization, structure of Costco) 3.2 Why enter Australia? 3.3 Cash amp; Carry 3.4 Retail logistics (pallets in store) 3.5 Wholesale amp; retail 3. Discussion 4.6 Product (Quyen) * Target customers: for women at big events such as: Mother Day n Christmas. * Peak season at Oz – cold weather from May until Xmas. * Another high season on Valentine Day in Feb. 4.7 Diagram (Quyen) GANTT chart 4.8 Forecast (Quyen) 4.9.1 Reason – Supply chain management decisions are based on forecasts that define which product will be required, in what amount, and when they†¦show more content†¦Regardless of the approaches employed, the overall objective of the evaluation process should be to reduce purchase risk and maximize overall value to the purchaser. An organization must select suppliers it can do business with over an extended period. The degree of effort associated with the selection relates to the importance of the required goods or services. Depending on the supplier evaluation approach used, the process can be an intensive effort requiring a major commitment of resources (such as time and travel). This section addresses the many issues andShow MoreRelatedSupply Chain Management : Chapter 10999 Words   |  4 PagesSupply Chain Management: Chapter 10 (p. 249): Questions: 1, 4, 5, 13 (1) What is the difference between supply chain management and demand management? According to Schroeder, Goldstein, Rungtusanatham (2013), supply chain management is the process that is used by a company to ensure that its supply channel that supplies and materials are processed through is moving and operating in an efficient and cost effective manner. However, demand management is when decisions made affect the amounts ofRead MoreInventory Management : Forecasting And Replenishment1154 Words   |  5 PagesInventory Management: Forecasting and Replenishment Efficiently managing the supply chain flow between the vendor and the client plays a critical role in effective supply chain management. Systematic and methodical inventory management and forecasting are pivotal in the supply chain operation. Demand and timing coincide for optimal forecasting. One needs to understand the customer needs and determining the forecasted quantities. Guesswork and hope is not the answer. â€Å"As the term suggests, forecastingRead MoreWalmart: Planning and Controlling the Supply Chain1471 Words   |  6 PagesPlanning and Controlling the Supply Chain Introduction Wal-Mart is a retail giant that operates many stores around the world. Its resound market success has a basis on low prices and one stop shopping for a wide variety of goods in their superstores and discount centers. Over the years Wal-Mart has become the worlds largest and arguably the most powerful retailer with the highest sales per square foot, inventory turnover and operating profit of any discount retailer. The organization owesRead MoreRiordan Manufacturing Virtual Organization.1084 Words   |  5 Pagesbusiness strategy and talent management are linked as an integrated talent management framework combining organization, business process and technology. Riordan’s Manufacturing manages their human capital and talent as strategic assets. They achieved by aligning the workforce with business objectives and by use performance metrics to drive decisions, monitor and improve results. This strategy shows how Riordan Manufacturing can successfully align their talent management strategy with technology toRead MoreCase Study : Nissan Motor Company Ltd1401 Words   |  6 Pagesevaluate how Nissan uses operations management functions to provide products and generate value for its customers and achieve a competitive advantage, and will compare and contrast service operations and manufacturing operations. This paper will also compare and contrast the project management techniques of PERT a nd CPM at Nissan, explain the steps used to develop a forecasting system, and list the major categories of supply chain risk. Operations management is the set of activities that createsRead MoreThe Supply Chain : Pepsico, Inc. Essay704 Words   |  3 PagesPepsiCo, Inc., the supply chain provides through contrasting assignments in Maintenance, production, quality, warehouse, and fleet operations. The assignments built on performing expertise versus specified intervals. Centered on implementation, contenders possess exclusive chance to progress quickly of growing degrees of accountability directing to executive positions. Keep in mind, an employee of PepsiCo, has access to an assortment of controlling locales within the Drink, Nutriments, and CompanyRead MoreLogistics Management And Supply Chain Management1171 Words   |  5 PagesLogistics and Supply Chain Management Topic: Do the terms, ‘logistics management’ and ‘supply chain management’ have the same meaning in operations and why logistics management might be of strategic importance to a manufacturing or service organisation. During last two decades, the importance of logistics has been noticed around the world. In global markets, the effects and further developments of logistics and supply chain management for corporate success has increased significantly that resultRead MoreThe Role of Information Technology in Supply Chain Management691 Words   |  3 PagesIntroduction The role of information technology in supply chain management has been is widely acknowledged in various goods and service sectors (Chorafas,2001). This is due to the attempt by firms to discover ways of improving their responsiveness and flexibility. The outcome is the improvement of the companys competitiveness through the changing of the operational strategy, methods as well as technologies through the implementation of the Supply Chain Management (SCM) concept (Fasanghari,Habibipour,ChaharsooghiRead MoreOperations Management and Use of PERT Techniques in Managing Projects1184 Words   |  5 Pagesï » ¿Operations Management Operations management refers to a management area which involves control and design of the process of production, as well as business operations in the production of goods and services (Shim Siegel, 2009). It ensures efficiency in business operations through use of few resources as required. In addition, it ensures that the business operations are effective through meeting the requirements of the customers. Operation management has the responsibility of managing the processRead MoreNichols Company Casae Study994 Words   |  4 PagesNichols Company Case Study OSC 301 Nichols Company Case Study Joe Williams is the president of Nichols Company (NCO), which manufactures three primary products and has over 355 employees. In addition, NCO has been having some issues with their supply chain in the past few months and it has affected their customer service. This paper will summarize the case study, determine NCO s appropriate forecasting technique, discuss the impact of aggregate planning, weigh NCO s various cost factors associated

Monday, December 16, 2019

The True Story About Descriptive Essay Examples That the Experts Dont Want You to Hear

The True Story About Descriptive Essay Examples That the Experts Don't Want You to Hear Characteristics of Descriptive Essay Examples Essay writing comes in various forms. Descriptive Narrative Essay Example may be used mainly to recreate an occasion. Descriptive essay have a special power and appeal. Quick Tips for Writing Your Descriptive Essay Writing a descriptive essay may be a rich and satisfying experience, but nevertheless, it may also feel somewhat complicated. On the 1 hand, our descriptive essay outline sample will provide you a good idea of the essential sections and portions of a descriptive essay. A descriptive essay is not just present within the field of education and research. It is considered to be one of the easiest types of writing assignments. Luckily, typically a descriptive essay doesn't have any strict recommendations, so you probably won't will need to obey a specific formatting style. Descriptive Essay Examples Description embedded in an argument paper, for instance, could be intended to earn a position more persuasive. Examine the source in which you have located the sample. If you are in need of a dependable source with academic samples, you're at the proper place! The next thing to do is to create a thesis statement. The Importance of Descriptive Essay Examples The structure of such essay is dependent upon the topic. If you are searching for descriptive essay examples here's a great one below. The main poin t to be mindful about in personal descriptive essay is that there shouldn't be any over-exaggeration. A descriptive essay, since the name implies, is a kind of essay that describes something. Your introductory paragraph sets the tone for the remainder of the essay, so it should set out all the key ideas that you're going to cover in your essay. Imagine you have an assignment of writing a fantastic descriptive essay. So, writing of a lovedescriptive essay may be a struggle especially if you haven't ever experienced such a feeling. As you conclude your essay, you truly wish to make sure the writer is actually into the individual you've described. Nowadays it is quite difficult to locate a trustworthy essay writing service. If you don't know anything about descriptive essays you should certainly search for descriptive essay examples, which you'll be able to discover online, in addition to at Professays.com. There's a list of expository essay topics to show what kind of topic you may decide to compose expository essay. Ahead of writing, you've got to understand the subject of your essay! Descriptive essay topics might be either easier or harder. The coming of the essay has to be in the current tense and reveal what things to expect in the remainder of the post. The way to the perfect essay is via WritePaperFor.Me. A very good descriptive essay indicates the reader rather than telling him. It comes from a knowledgeable and imaginative mind. A descriptive essay presents an individual, place, or thing, in a manner that readers feel as though it's in front of their eyes, or they are tasting it, or they can hear this, or they can smell it. There's no need to figure out absolutely everything that in 1 way or another is related to the essay topic. You can be requested to describe literally anything, so it's important to get solid writing skills and personal opinion on a broad scope of topics. Whether or not you require descriptive writing examples of an individual, place, or emotion you require a great example to follow. Descriptive Essay Examples - the Conspiracy Our writers try their very best to produce interesting sug gestions and share them with you. Your conclusion should be well written because it's the final point to be read by your reader and will remain on their mind the longest after they've read the rest of your essay. Always be structured when describing your subject so that your readers won't have a difficult time imagining how they ought to think of what you're writing about. Normally, most readers receive the best representation of something through the usage of their senses!

Sunday, December 8, 2019

Entrepreneur And Management Of Business Ventures †Free Samples

Question: Discuss about the Entrepreneur And Management Of Business Ventures. Answer: Introduction Entrepreneurs refer to the individuals who engage in the starting, organizing and themanagement of business ventures irrespective of the risks that they are likely to encounter so that they can be in a position to gain profits or rewards in the long run. Entrepreneurs are usually the managers of their businesses and they thus oversee the implementation of all the procedures in the business and also launch any new products that they have made out of their creativity and innovativeness (Kaplan, Warren, 2010). They usually identify the areas where they exist gaps in the market so that they can invest in them. This report presents the lessons as well as insights gained from the research about David Hains and family. It also looks into the patterns, similarities and the differences that exist between what he practices and entrepreneurship theory and his orientation, behavior, and mindset. Why an entrepreneur One of the reasons why I feel that David Hains and family is an entrepreneur is because he is creative and persuasive. In this, he has the creative capacity to recognize existing opportunities and pursue them. He has very strong persuasive skills that he use in persuading their customers, and this makes it very easy for him to attract a wide scope of clients (Welsch, 2004). The other reason why I feel that David is an entrepreneur is due to his motivation. In this, he is a very enthusiastic, future-oriented and an optimistic individual. He believes that despite the challenges in running the business, he will still being a position to achieve the success that he desires and he is always willing to risk the resources that the family has so that they can be in a position to attain profit. His high level of energy makes him stand out in the field of business and he is always willing to put in an extra effort so that he can increase his market share (Krueger, 2002). The third reason why I feel that David is an entrepreneur is that of his flexibility and open-mindedness. Entrepreneurs usually face many challenges, and they thus need to have a vision that is steadfast. David is always ready to make changes to his initial strategies and plans so that he can adopt better ways of doing things and meet the needs of the people. Type of entrepreneur From the research carried out about David Hain and his family, he can be said to be a determined entrepreneur. One of the reasons behind this is because irrespective of the many challenges that are encountered in the field of business, they are always determined to achieve and they thus strives hard to get where they want their business to be. David greatly values entrepreneurship, and he thus as for have it in mind that he doesn't need to copy what other people in the market are doing so that he can be successful. He thus focuses on being more creative and innovative every day so that they business can grow and remain unique. Although it is hard to start a business and maintain a steady rate of growth, David, and the family are committed to their tasks, and this gives them the motivation of reaching their goals in future. As an entrepreneur, it is very important to change ones mindset so that you can fully focus on your desires to make them a reality. Motivating factors to pursue entrepreneurial activities One of the factors that motivate David and his family to pursue entrepreneurial activities is the desire to achieve personal growth. Being entrepreneurial assists individuals in the achievement of their personal growth because they encounter so many challenges in the process and this makes them learn new things every day. In this, an individual can remain conscious, and since they have to be independent unlike in the places of employment where they can consult their bosses, they have to research so that they can improve on their weaknesses and this in the personal growth. The other factor that motivates David to pursue entrepreneurial activities is the need to gain self-control. Entrepreneurship enables people to have a job security, and they can thus preside over all the activities in the business, and this greatly assists them in the improvement as well as sharpening of their skills. The other motivating factor for David and family to engage in entrepreneurial activities is the passion. When one is passionate about something, they always dare to get in it irrespective of the risks or the challenges that are involved. Due to the passion, they develop the faith that it is possible for them to push through the ideas if they put in sheer hard work, be patient and get ready to persevere the hardships. The energy that is derived from the passion usually motivates them as a family irrespective of the risks and the challenges incurred. The other motivating factor while engaging in entrepreneurship is the need for self-reliance. In this, employed individuals are not able to attain the satisfaction that they require because there are protocols and rules that they have to abide by which limit their ways of doing things. Entrepreneurs usually have the freedom to engage in many activities where they can exercise their creativity to their full extent, be independent and have f reedom and this thus motivates many people to pursue business instead of employment (Kuratko, Hoskinson, 2017). Challenges faced by David and his Family Entrepreneurs usually face very many challenges in the process of starting and running a business. One of the challenges that David Hain and his family faces in the process of running their business is battle resentment (Ortiz, Sahut 2014). In this, in the process of carrying out their tasks, David and his family usually at times find themselves in a conflict. They thus advise the people who are going in business with their family to ensure that they do not engage in anything that is likely to create resentment or have a negative impact on their personal relationship. The other challenge that David and his family encounters in the process of running the business is the identification of their roles. In this, it is very imperative for all the stakeholders in a business to know the role that they are supposed to play in the business and avoid slipping out of their lanes (Davidsson, 2008). Boundaries should thus be set and effective communication maintained while having trust that the other business partners will deliver as required. The other challenge that David and his family experienced is the fact that different people view things from different perspectives. This thus results to conflict since people have their own opinion and it is thus important for people to respect each others decision, opinion and values (Kaufmann, Shams, 2015). From the research, business partners should come together to solve the problems arising. New Insights that emerged from the research From the research on David Hain and his family, one of the insights learned is that behind every successful entrepreneur or a leader, there must be a skilledmanagement team. This is because; it is difficult for an individual to work alone since we do not always having it all. Working with a skilledmanagement team helped David and his family to easily obtain solutions to the problems that their business was facing through since they could easily discuss the problem and participate in the identification of the most viable solution to the problems (Sami, 1989). The other insight gained from the research is that people should aim at seizing at the opportunities that they have at their disposal. In this, it is clear from the research that David first started his career as an engineer and a corporate restructurer. He later formed his Portland House Group where he invests in fixed interest, equities, and properties and also globally manages funds and it is known as the biggest hedge fund in Australia. He identified that there was an opportunity in this area and that is why he invested in the hedge funds company which he runs with his children. The other area that David and family have invested in is the breeding of the horses and this reveals that they are able to take any available opportunities that are viable and at their disposal. Tools of Trade One of the tools of trade that are employed by David and his family in running of their business venture is communication. In this, communication is considered to be very key in the achievement of the desired success in an organization. Through the use of the various tools of communication such as chats and newsletters among others, they are able to communicate effectively with each other and also share ideas (Glauser, 2016). The other tool of trade that is used by David Hain and his family in the running of their business ventures is team work. Bearing in mind that unity is strength, they are able to work hand in hand with each other and collaborate so that they can achieve the desired organizational goals. The other tool of trade that is employed by David Hain and his family is the social media networking platforms (Little, Go, Poon, 2017). In this, the company uses platforms such as Facebook, Twitter and Google among other so that it can pass information to their clients to ensure that they remain connected and well informed on the changes taking place. The business also has a website which the clients relies on to obtain the information needed about the company. Conclusion To sum it up all, it is clear that David Hain and his family are great entrepreneurs due to the fact that despite the challenges that are involved in the starting and running a business, they are always willing to take the risks so that they can attain the desired profits. From the research it is thus evident that when working as a group, people should learn to stay in their lanes and respect the opinions of other people since different people have different opinions. in case of challenges, David and family should thus come together and obtain a solution to their problem to ensure its viability and acceptability by all persons. References Corbett, A. Katz, J. (2013). Entrepreneurial resourcefulness : competing with constraints. Bingley, U.K: Emerald. Davidsson, P. (2008). The entrepreneurship research challenge. Cheltenham, UK: Edward Elgar. Glauser, M. (2016). Main street entrepreneur : build your dream company doing what you love where you live. Irvine, California: Entrepreneur Press. Kaplan, J. Warren, A. (2010). Patterns of entrepreneurship management. Hoboken, N.J: Wiley. Kaufmann, H. Shams. (2015). Entrepreneurial challenges in the 21st century : creating stakeholder value co-creation. Houndmills, Basingstoke, Hampshire New York, NY: Palgrave Macmillan. Krueger, N. (2002). Entrepreneurship : critical perspectives on business and management. London New York: Routledge. Kuratko, D. Hoskinson, S. (2017). The great debates in entrepreneurship. Bingley, U.K: Emerald Publishing Limited. Little, S., Go, F. Poon, T. (2017). Global innovation and entrepreneurship : challenges and experiences from East and West. Cham, Switzerland: Springer Nature. Ortiz, M. Sahut. (2014). New challenges in entrepreneurship and finance : examining the prospects for sustainable business development, performance, innovation, and economic growth. Cham: Springer. Sami. (1989). Entrepreneurship development in India. Delhi, India: Mittal Publications. Schulte, A. Sauer, B. (2014). Entrepreneurship : theory, role of economic development and practices. Hauppauge, N.Y: Nova Science Publishers, Inc. Welsch, H. (2004). Entrepreneurship : the way ahead. New York: Routledge.

Sunday, December 1, 2019

Taming of the ShrewShakespeare Analysis Paper Essay Sample free essay sample

The sixteenth century drama. Taming of the Shrew by William Shakespeare and the modern film 10 Thingss I hate about you are analogous to each other in many ways. They have really similar characters names and their behaviours. similar secret plans. and subjects. The characters are really similar to each other because in Taming of the Shrew. the chief character’s name is Katarina and in 10 Thingss I hate about you the chief character’s name is Katherina. or Kat for short. Katarina and Katherine are both good known as the â€Å"shrew† of the secret plan. Both of their households come from a household with nice sum of wealth. This is shown in the film because you can state by the scene of their house that they live in a really big vicinity and in the film. Katharina lives in a Roman Villa about. Although. they have really similar names and live in the same type of environment. We will write a custom essay sample on Taming of the ShrewShakespeare Analysis Paper Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page they are besides viewed negatively by society. Kat from the film is represented as anti-social. flagitious. and really blunt. Katharina from the drama is violent and normally ends up shouting and shouting at people. They both have a bad repute with people of their communities. Following. the tamer of the â€Å"shrew† in the drama is Petruccio. while the tamer in the film is named Patrick or Pat. for short. Katherine and Katarina both have a sister named Bianca. who is good known as outgoing and popular. The dad’s of the â€Å"shrews† from the film and the drama are besides really much alike. Walter. the pa from the film does non let Bianca to day of the month until her older sister Kat day of the months. In the drama. the pa. Baptista. wants Katharina to get married first before Bianca does. which is a household tradition to them. In the drama. Lucentio is the male child who finds Petruccio to chasten Katharina. so that he is able to get married her younger sister. Bianca. While in the film Joey is the male child who is trying to day of the month Bianca. but can’t. because of her father’s regulation. In the film. Cameron is the male child who tries to day of the month Bianca every bit good. The drama and film have the exact same secret plan. The secret plan would be that Bianca is non allowed to date/marry until her older sister Katharina/Kat dates or marry foremost. Which is either a household tradition or a regulation set up by their male parent. which must be obeyed. Since the drama and film have a similar secret plan. the subjects are similar as good. One similar subject they have is camouflage. For illustration. in the film when Cameron pretends to cognize Gallic merely to tutor Bianca to acquire to cognize her better. And once more in the film when. Patrick pretends to wish Kat because he gets paid for it. In the drama. Lucentio disguises himself as Cambio and pretends he knows how to talk French. Another subject would be how a male dominate society are able to chasten the adult females. which is done in both of the drama and film because at the terminal of the narratives. both Kat’s end up being tamed. Kat from the film eventually discovers that Pat truly does love her and they end up dating. while in the drama. Katharina becomes an obedient married woman. There are really few necessary differences between the film and the drama to suit the different clip periods. In 10 Thingss I hate about you. there are adequate difference to suit modern society. for illustration. the film ends with Kat and Pat dating because they would be excessively immature to acquire married in today’s society. Another difference is that Petruccio and Pat â€Å"tame† the Kat from the drama and film in different ways. Petruccio in the drama is really disrespectful toward Katharina because he ends up hungering her and striping her of slumber. Pat from the film does the entire antonym ; he loves her and is ever nice to her in order to win her bosom. Although. both of their â€Å"taming† method’s worked. Petruccio’s manner of chastening Katharina would non be acceptable in today’s society. so that is why they are different.