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Essay from the year 2019 in the subject Business economics - Supply, Production, Logistics, grade: B, , language: English, abstract: To what extent is Amazon’s success based on their supply chain management? Amazon.com, Inc. is an American internet company which started as an online bookstore and was founded 24 years ago on July 5th 1994 by Jeff Bezos under the name Cadabra. The name was changed quickly in 1995 to its current name. The hugely successful tech giant, which was founded in a primitive garage in Seattle, now has a market cap of over US$1 trillion and is therefore the second most valuable public company in the world behind just Apple. It has even more impressive facts to offer such as being the largest Internet retailer in the world and second largest employer in the United states after Walmart or being the fastest company ever to reach $100billion in sales revenue within one year, taking only 20 years. At the end of 2018 Amazon had 647.500 employees, mainly thanks to its sprawling logistics network, and in the second quartile of 2018 it reported an impressive net income of $2.5 billion with the revenue being $52.9 billion.
Seminar paper from the year 2021 in the subject Business economics - Supply, Production, Logistics, grade: 1, University of Applied Sciences Hof, course: Masters in Operational Excellence, language: English, abstract: This term paper is written to identify and understand the application of SCM principles, Wholeness system thinking, and principles in the supply chain of Amazon. We study how Amazon's supply chain works in detail explaining the critical parts that make the supply chain perform as a whole. Analysis of the SCM of the amazon system is done to understand the important interaction of different parts. We choose to study the SCM operations of Amazon because Amazon is the world leader in logistics with operations around the world and to become aware of the different elements, interconnections, and purpose of a successful company like Amazon and relate it to its current perspectives. The study is based on the definitions of the Lean principles, six principles of SCM, Whole system thinking, and their inter-relation. We approach the study by defining all the concepts and then explaining the Amazon company's SCM strategy and inter-relations of various parts. The Objective of the term paper is to study how the theoretical concepts are implemented practically by Amazon.
Bestselling author Taylor shows readers how to assemble a killer supply chain using the knowledge, technology, and tools employed in supply-chain success stories. Using his signature fast-track summaries, graphics, and sidebars, Taylor offers a clear roadmap to understanding and solving the complex problems of supply-chain management.
Technology has introduced dramatic new efficiencies to supply chain design, management, and control--but only to those who can open their minds to these new methods and strategies. This book presents innovative articles from eighteen of today's top young Ph.D. scholars, each based on discussions at the 2000 Frank Batten Young Leaders Forum of the College of William and Mary. These ""rising stars"" from the country's most prestigious operations management programs each take a fresh perspective on current practices and future directions in supply chain management and overall business strategy. Provocative yet valuable questions are asked--and answers provided--on subjects including: * Development of effective performance metrics * Techniques to streamline the order management cycle * Methods to leverage product design and manufacture to reduce supply chain costs * Ways to share knowledge throughout an organization concerning forecasts, manufacturing and sourcing plans, and distribution.
In Amazon: Managing Extraordinary Success in 5-D Value, Benjamin Wall offers structured insights into strategically managing value in the key relationships to customers, personnel, business partners, and investors in order to improve value management at any company. The extraordinary success of Amazon is due to market-leading strength in three “dimensions” of value: owning the mightiest supply chain to deliver fastest and cheapest the broadest range of products, enhancing what customers and business partners are doing when using the website / online ecosystem, and knowing how to implement the optimal terms and conditions in the after-sales customer experience. Wall takes a look at the unique managerial skill of Amazon and how each of these organizational areas operates externally and internally according to a separate business logic based on a dimension of value. In an original examination, Wall systematically evaluates Amazon by categorizing and connecting its external and internal success factors to dimensions of value. Each “score” on an external success factor is linked to an internal success factor in managing processes, organizational culture, and the business model, so that managers and leaders can enhance their own internal success factors and move towards the same successful external factors. Amazon looks to the future where the near-term promise of the company is evaluated to be in the development from online to omnichannel retail, including the sale of services, by reviving out of Amazon’s past the fourth dimension of value: feeling how to integrate value. The long-term potential of Amazon is set in the context of a sustainable future for retail, based on trends arising today in meaning across multiple communities, which is the emerging fifth dimension of value. Amazon is projected to operate in this value dimension again as a disruptor, and with Wall’s help, managers and leaders can reach for the same kind of success.
Provides unparalleled practices for all supply chains from leading consultancy Oliver Wight, more important than ever in the post-COVID world Supercharged Supply Chains: Discover Unparalleled Business Planning and Execution Practices provides authoritative guidance on effective Supply Chain Management. Written by the experts at Oliver Wight, a leading global consultancy firm, the book provides readers with a clear understanding of what is required to operate at a Class A Excellent level. The operating principles are supported by practical examples and cases that demonstrate why typical approaches fail, and why Unparalleled Business Planning and Execution Practices succeed. Based on the popular Oliver Wight class that focuses on Unparalleled Business and Execution processes, the text is designed to put companies on track to successfully operate Business Excellence Planning. Readers get a contemporary view of the processes, learn about new technology for implementing solutions, and are presented with change methods that address the people and behaviors vital to supply chain operations. Topics include demand planning, Integrated Business Planning (Advanced S&OP), master scheduling, material requirements planning, capacity planning, data accuracy, factory scheduling supplier planning, implementation, business improvement, new technologies and more. Outlining the practices that have boosted the health of supply chains for more than 25 years, this invaluable book: Describes how the Business Excellence Practices resolve the common problems encountered in operating a supply chain Provides strategies and methods to significantly improve customer service, financials and grow the business Identifies when and how Unparalleled Planning and Execution Practices should be applied Guarantees success if the recommendations are followed Supercharged Supply Chains: Discover Unparalleled Business Planning and Execution Practices is essential reading for all executives and anyone involved in forecasting, planning, scheduling, inventory control, finance, production, purchasing and management of supply chains. It provides a great overview of the entire supply chain and goes into great detail regarding each element that makes up the supply chain. It also explains in depth how all functions of a company play an important role.
The authors identify key emerging trends and drivers in supply chain management, introduce powerful new strategies for redesigning supply chains, and present comprehensive global case studies showing how Nortel and General Motors have transformed their own supply chains to optimize value and drive out costs.
Operations and Supply Chain Strategy is crucial for the success of organizations in the context of Industry 4.0. Operations and Supply Chains are a potential field to generate competitive advantages, and then supporting organizations to strongly compete in the market. Nonetheless, considering the context of Industry 4.0, technologies also play an important role on the establishment and implementation of the Operations and Supply Chain Strategy. This book is divided in five chapters: History and Concepts of Operations and Supply Chain Management, Operations and Supply Chain Strategy, Deploying the Operations and Supply Chain Strategy in Decisions, Measuring the Strategic Performance and Managing Operations and Supply Chain Maturity, and Operations and Supply Chain Strategy in the Industry 4.0 Era. The book aims to create a comprehensive view about Operations and Supply Chain Strategy as well as provide concepts, examples, and methods related to the subjects herein discussed. Along the text some Activities are suggested in order to leverage the learning and incentive the reader to strategically think about Operations and Supply Chain Management. Also, some cases about Industry 4.0 applications and developments are presented. This book can be used by undergraduate and graduate students of Business Management and Industrial Engineering courses. It can also help practitioners and executives of companies in creating a better understanding of Operations and Supply Chain Strategy in the context of Industry 4.0 and supporting them on this Strategy conception, deployment, implementation, and measurement.
Supply chain management contends with structures and processes for delivering goods and services to customers. It addresses the core functions of connected businesses to meet downstream demand. This innovative volume provides an authoritative and timely guide to the overarching issues that are ubiquitous throughout the supply chain. In particular, it addresses emerging issues that are applicable across supply chains--such as data science, financial flows, human capital, internet technologies, risk management, cyber security, and supply networks. With chapters from an international roster of leading scholars in the field, the Oxford Handbook of Supply Chain Management is a necessary resource for all students and researchers of the field as well as for forward-thinking practitioners.
Master supply chain management concepts, components, principles, processes, interactions, and best practices: all the knowledge you need to start designing, implementing, and managing modern supply chains! The Definitive Guide to Integrated Supply Chain Management brings together all the knowledge you need to help companies gain competitive advantage from supply chains. Co-written by a leading supply chain expert and the Council of Supply Chain Management Professionals (CSCMP), this reference provides up-to-the-minute insight into the roles of supply chain management in improving customer service, reducing costs, and improving financial performance. Clearly and concisely, it introduces modern supply chain management best practices that have been proven to work in organizations of many sizes, types, and industries. For all supply chain and operations managers and students; and for other professionals who either practice in the field or work closely with practitioners to solve business problems.