Please watch the videos and read the materials, and reflect on the suggested questions
Please watch the videos and read the materials, and reflect on the suggested questions. Please write a summary of each and answer the questions (2-3 paragraphs highlighting the main points in each video or article).
-University of Arizona video on supply chain integration: https://www.youtube.com/watch?v=S_yMW2b0kNk. Questions: Why is supply chain integration important? How can companies achieve it? What is the role of people and teams in integration?
-Harvard Business Review article on supply chain incentives: Search the Business Source Complete (EBSCO) library database (accessible through http://library.bentley.edu/research/databasesaz.asp) for an article titled “Aligning Incentives in Supply Chains” (Narayanan and Raman, Harvard Business Review, 2004). Questions: Why are incentives important? Why do they get misaligned? What methods can companies use to align incentives among supply chain members?
-McKinsey article: http://www.mckinsey.com/insights/sustainability/toward_a_circular_economy_philips_ceo_frans_van_houten. Questions: How does the circular economy concept relate to supply chain issue? How can it help a company in its value chain? How does Philips apply this concept in their business?
-University of Arizona video on supply chain integration: https://www.youtube.com/watch?v=S_yMW2b0kNk. Questions: Why is supply chain integration important? How can companies achieve it? What is the role of people and teams in integration?
-Harvard Business Review article on supply chain incentives: Search the Business Source Complete (EBSCO) library database (accessible through http://library.bentley.edu/research/databasesaz.asp) for an article titled “Aligning Incentives in Supply Chains” (Narayanan and Raman, Harvard Business Review, 2004). Questions: Why are incentives important? Why do they get misaligned? What methods can companies use to align incentives among supply chain members?
-McKinsey article: http://www.mckinsey.com/insights/sustainability/toward_a_circular_economy_philips_ceo_frans_van_houten. Questions: How does the circular economy concept relate to supply chain issue? How can it help a company in its value chain? How does Philips apply this concept in their business?
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No matter how well a company’s processes are operating with the enhancement of continuous improvement, if the suppliers are not fully committed to the efforts, competition to the global economy will pose a challenge. Supply chain integration enhances the flow of products and services from the suppliers to manufacturers and into end products. Products will then be distributed to the wholesalers and retailers finding their way………………
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