Case study on inventory and supply chain management

Assignment Help Case Study
Reference no: EM13784519

Supply chain management is the design, the planning, the execution, control and the monitoring of activities of the supply chain with the aim of creating the net value and therefore building a competitive infrastructure and synchronizing the supply with demands. Supply chain management can also be defined as the management of the flow of goods and services which includes movements and storage of raw materials.
The term supply chain management was first developed by Keith Oliver in the year 1982. He claimed that the concept of supply chain management was of great importance long before the 20th century when there was the creation of the assembly line. The term supply chain management became widely adopted after the publication of the seminal book "introduction to supply chain management" in the year 1990 by Robert B. Handfield and Ernest L. Nichols, Jr.

The pioneer of supply chain management was Dr. Donald J. Bowersox. He was a professor at Michigan State University where he earned a doctorate in business management. He was later selected and helped as a dean of the Eli Broad Graduate School of Management. He also pioneered in the study of logistics and was the co-author of the pioneer text in that field, in the year 1961. Donald J. Bowersox was the founding member of and second president of the national council of physical distribution management in the year 1963, this later became a council of supply |Chain Management Professionals. Donald J. Bowersox has received the council's distinguished service and founder Award's, a special commendation from the society of logistic engineers for the publication of Logistical administration. He has been documented by the Michigan State University as a distinguished Alumnus and University Distinguished Faculty Member. From all the facts that have been provided above, I think that Donald J. Bowersox was the pioneer of supply chain management.

Donald J. Bowersox has been one of the most well-known and influential supply chain management academics in the world, Donald J. Bowersox died in the year 2011, on July 4th. He died from cancer when he was 79 years of age. He has been a professor emeritus of marketing and supply chain management and he also served as a dean of the Board College from 2001-2002. Donald J. Bowersox has dedicated more than forty of his years at the Michigan State University and he was largely responsible for the stature that the Broad College has in the field of Supply chain management.
Donald J. Bowersox has written ten textbooks that have been since translated into fifteen languages. He also co-authored the fourth edition of the text book "supply chain logistic management" and "Physical Distribution Management" which has since been said to be the industry's first logistic textbook. He has also authored more than 250 articles on marketing, transportation and logistics and he was a member of the editorial review board of the Council of supply chain professional quarterly. All this evidence has proved that Donald J. Bowersox is the main pioneer of Supply Chain Management.

 

 

Reference no: EM13784519

Questions Cloud

Information on victims rights : Information on victims' rights, Resources for crime victims and What immediate help should be provided if the victim is exhibiting signs of post-traumatic stress disorder
Useful life using the double-declining-balance method : A company purchased a POS cash register on January 1 for $5,200. This register has a useful life of 10 years and a salvage value of $500. What would be the depreciation expense for the second-year of its useful life using the double-declining-bala..
Operations management inter-connected and interdependent : How are globalization, technology, and operations management inter-connected and interdependent?
Future aspirations of the business issues : What products or services will we offer our customers in the future?
Case study on inventory and supply chain management : Normal 0 false false false EN-US X-NONE X-NONE Inventory and supply chain management.
Write paper for constitional law : Write Paper for constitional law
How does the present value of an ordinary annuity formula : If a company has a DSO above the industry average, what can the company do to get its DSO below the industry average? 2. How does the present value of an ordinary annuity formula compare with the present value of an annuity due formula?
Type of structure-functional-divisional-matrix-modular : What type of structure would you choose for your organization/business (simple, functional, divisional, matrix, modular, and/or virtual)? Explain why you chose a specific structure.
What is the expected value : The probability of being awarded the bid is 0.1, and anticipated profits are $150,000, resulting in a possible gain of this amount minus the $15,000 cost for the plans and model. What is the expected value?

Reviews

Write a Review

Case Study Questions & Answers

  Will the most recent whistle-blower legislation

Will the most recent whistle-blower legislation for public officials (Public Interest Disclosure Act 2013) be sufficient in protecting whistleblowers? Or does business ethics need to be institutionalised within an organisations culture?

  Dmv case study

Using the DMV Case Study and the Stakeholder Analysis Exercise spreadsheet provided, you will complete the three columns of the spreadsheet for each of the ten stakeholder groups listed on the spreadsheet

  What are the ethical pros and cons of a banking firm

What are the ethical considerations involved in a company's decision to loan executives money to cover margin calls on their purchase of shares of company stock?

  Solid control processes is essential for organization

What aspects of the control function of management do you think will most benefit from ISO 9000 implementation? Consider setting standards, measuring performance, comparing performance to standards, and correcting deviations.

  Case study-the banana tree travel agency

Case Study: The Banana Tree Travel Agency, The Banana Tree Travel Agency a small travel agency has been growing and they decided to expand their operation

  Steps of the it-provider-switching management activities

Analyze the events and the consequences that lead to the situation described in the bank sector and Credit Suisse Group in particular in the 90s.

  Case study - the juke by nissan

This is the Juke Case. It is an article from the Portland Press Herald in 2011. Your assignment is to read the article and answer a few questions. You will need to do some additional research beyond the article itself

  Case study- casey anthony trial

Case Study: Casey Anthony Trial, On July 5, 2011, Casey Anthony was found not guilty of first-degree murder in the 2008 death of her daughter, Caylee. Further research this incident using quality and reputable resources

  What could be the causes of tingling sensation

What could be the causes of this tingling sensation -  What are the various patterns of respiration and their significance?

  Criteria for ethical decision-making

Write a 700- to 1,050-word persuasive argument that defends your course of action. includes criteria for ethical decision-making from at least two of the four ethical perspectives.

  Toni hoffmans act of whistleblowing was morally justified

Using Bowie's theory assess whether Toni Hoffman's act of Whistleblowing was morally justified - Will the most recent whistle-blower legislation for public officials

  Analyze ethical issues related to doing a business research

Analyze ethical issues related to doing a business research and determine the impact of ethical issues on researcher decisions.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd