Supply Chain Management

Essay specific features

 

Issue:

Business

 

Written by:

Claud O

 

Date added:

July 21, 2013

 

Level:

 

Grade:

A

 

No of pages / words:

2 / 335

 

Was viewed:

989 times

 

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Essay content:

I would suggest two main improvements for the development of an agile supply chain: they are 1) better forecasting for future production, with periodic updates to the forecasts, and 2) better operations and contracts with suppliers. Especially in the new warehouses in China, where labor is less costly, it would relatively simple to produce and have on hand quantities of each type of greige fabric that reflect the proportions in the forecast...
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In Hong Kong, warehouse space would be prohibitively expensive for this exercise. By having this inventory available, we could begin to decrease the 45-90 day (current) lead time on greige fabric. Our contract structure could also be altered such that each supplier would be required to have on hand smaller quantities of each product in proportions relative to our forecasts...
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