E-Procurement and Supply Chain Assignment Example | Topics and Well Written Essays - 3000 words

E-Procurement and Supply Chain - Assignment Example Manufacturing Source Preparing (MRP) as part of SCM can help plan and figure out the needs and timeframes for new development procedures to be able to estimate item distribution daily activities, and reply to changes in the marketplace or item. It is an application based development planning and inventory control system used to handle manufacturing procedures (Blanchard 2010). Before the internet came along, the ambitions of supply chain application enthusiasts were restricted to enhancing their capability to estimate demand from customers and create their own supply chain run more easily. But the cheap, popular characteristics of the internet, along with its simple, globally approved interaction requirements, have tossed things open up (Blanchard 2010). Now, organizations can link their supply chain with the supply chain of their providers and clients together in a single wide system that improves expenses and possibilities for everyone engaged. This was the reason for the B2B explosion; the idea that everyone a company does business with could be linked together into one big satisfied, supportive family (Simchi-Levi 2007). Of course, truth isn't quite that satisfied and supportive. But these days most organizations discuss at least some data with their supply chain associates.... Suppliers wouldn't have to think how many raw components to purchase, and producers wouldn't have to purchase more than they need from providers to create sure they have enough on side if need for their products suddenly improves. And suppliers would have less vacant racks if they distributed the details they had about income of a company's item in all their shops with the maker (Petrovic-Lazarevic et al 2007). The internet makes displaying your side to others possible, but hundreds of years of mistrust and lack of synchronization within sectors create it difficult (Jacoby 2009.). The benefit of appropriate and precise supply chain details is the capability to create or deliver only as much of an item as there is an industry for. This is the exercise known as just-in-time manufacturing, and it allows organizations to decrease the amount of inventory that they keep. This can cut expenses considerably, since you no longer need to pay to generate and store unwanted products. But many or ganizations and their supply chain associates have a long way to go before that stage of supply chain versatility can be carried out (Jacoby 2009). The benefits from business resource planning are stated to include: lower inventory holding costs lower purchasing costs lower development costs lower bookkeeping and documentation costs lower transport costs lower investment in equipment lower investment in plant lower investment in land reduced assembly-line down-times more versatile manufacturing processes more effective lot styles and scheduling reduced mistakes due to better coordination the cost and efficiency improvements (mentioned above) could increase profitability or increase market share (at a lower price) reduced number of

Movie review Example | Topics and Well Written Essays - 500 words

Movie Review Example Walter Lee is sure that investing the money in a liquor store will provide the most long-term financial security for the family. He has some friends that want to invest in the business with him, but they are not willing to put up any of their own cash. Momma Younger, played by Phylicia Rashad is sure that getting out of the dismal housing situation they are in would help the entire family most. She has dreams of a nice neighborhood and a spacious house where there is enough room for all the family members to breathe. She has set her sights on a pleasant little house in the Clybourne Park neighborhood. The only problem is this neighborhood is all white. The Youngers would be the first African-American family to live there. Other major characters that have their own dreams and desires that are attached to the money in some way are Benethea and Ruth. Benethea is the sister of Walter Lee and Ruth is Walter Lee’s wife. Their young son’s name is Travis. The updated production is loosely based on the original play. Some of the updating is unfortunate because the feel of the story is altered tremendously. I feel that Phylicia Rashad and Sean Combs are woefully miscast in this production. The original story is about a family that was less polished and more real than the one portrayed in this production. Rashad and Combs are too smooth in their delivery to have credibility as the matriarch and oldest son of a family struggling to get out of the ghetto. Their presence gives the story an air of people pretending (not very convincingly) that they are salt of the earth. Stylistically, the updated feel of the story robs the original of the edginess in the original story. Some of the criticism I feel towards this updated version stems from the way the family reacts to the blatant racism they face from their white neighbors. The family doesn’t seem shocked or even truly angry. Walter Lee seems to be resigned