An Understanding Of Supply Chain Management Essay - 931 Words

Beginning with an understanding of supply chain management, Hill et al. (2015) defines the task as managing the components from suppliers and the flow of inputs used in production to maximize inventory turnover, while minimizing inventory holding. Competing in the smart phone market requires Samsung to use innovation, a source of competitive advantage, possibly leading to high profit gains if production costs can be reduced and quality can be improved (Hill et al., 2015). Should Samsung succeed in producing high quality at a low fabrication cost, they could compete with Apple, for example, and possibly earn higher profits to match their large market share, which currently does not match their profits. Many components are required and involved in the assembly or in the making of a smartphone. Looking at Samsung competitor, Apple, in an effort to determine the high end of how much it costs to produce a product, renowned for its quality, the Apple 7, for example, costs $224.80 in b ill of material costs to manufacture (Buetow, 2016). Presumably, each new product release and launch, including the new and higher price, would be based on the consumer anticipation of higher quality functions and inputs or capabilities. For example, the Apple 7 offers increased storage density, larger battery, waterproof microphone, water resistance, all with a new look (Buetow, 2016). Interestingly, according to Buetow (2016) Samsung makes a lower margin from hardware than Apple,Show MoreRelatedUnderstanding Of Rfid On Supply Chain Management1381 Words   |  6 PagesUnderstanding of RFID in Supply Chain Management Table of content: 1. Introduction 2. Understanding of RFID 3. Application 4. Implementation 5. Pros and Cons 6. Conclusion 7. References 1. Introduction: Today we are in the era of globalization. In order to expand business one needs to spread their business across territories. So in order to expand and compete with local business or competitors pricing of the product becomes very critical. But expanding business comes with added costs which areRead MoreUnderstanding Logistics Management and Supply Chain Management1746 Words   |  7 Pageslogistics management and supply chain management have the same meaning in operations Briefly explain how logistics management adds value to the operations of a manufacturing or service organisation. Introduction Logistics management and supply chain management are similar terms in business logistics, but these two terms are not the same (Murphy and Wood 2011, p22). In different decades, scholars made use of their knowledge and experience to define logistics management and supply chain management (SCM)Read MoreUnderstanding Supply Chain Management : Discount Tire Company931 Words   |  4 PagesUnd erstanding Supply Chain Management Do you need new tires? Discount Tire is the place for you. The Discount Tire CO was founded in Ant Arbor, Michigan 1960 by Bruce T. Halle and is known for one of the largest wheel retailers today. Most people who come in are concerned with the current condition of the tires on their vehicle. Discount Tire Company provides services like air checks, tire repairs and new tire and wheel purchases. They are a company that has a target customer base of anyone thatRead MoreIntroduction A few decades ago, the true understanding of the impact of supply chain management1400 Words   |  6 PagesIntroduction A few decades ago, the true understanding of the impact of supply chain management was alien to many companies (Moore, Baldwin, Camm, Cook, 2002). As Moore et al (2002) continue to state, few companies within different industries understood the important link between strategic goals and supply management principles. This, in effect, meant that purchasing departments were undervalued, seen more or less as order takers and placers, while enjoying little or no respect from other organizationalRead MoreEssay on Protecting The Supply Chain1004 Words   |  5 Pagescompany’s supply chain, the more vulnerable the company becomes. When the company’s suppliers spread further and further away from the company, the company becomes even more vulnerable to political and currency risk, cyber attacks, missed inventory goals, and failed communication with the supply chain. For a company to overcome those potential vulnerabilities, a company must build safeguards into their operation s. Those safeguards include a strong corporate backing in supply chain management, solidRead MoreSupply Chain Risk Management Analysis1521 Words   |  7 Pages Uta Jà ¼ttner, (2005),Supply chain risk management, The International Journal of Logistics Management, Vol. 16 Iss 1 pp. 120 - 141. Supply chain risk management is an intersection of supply chain management and risk management. For this we need to understand the benefits and as well as the limitations of both the concepts. Supply chain risk is about any threat of interruption in the order of workings of the supply chain. This Risk is generated as result of risk ‘drivers’ that are internal or externalRead MoreIntegrated Thinking : E Business And Supply Chain Management Essay955 Words   |  4 PagesDepartment of management systems Final assignment Integrated thinking: E-business and Supply Chain Management E-business lets us turn big chunks of data into information which can be used to increase sales and allows us to share this information with our business partners via the internet. E-business uses the internet to link retailers with their suppliers and customers. Supply chain management focusses on integrating steps of the supply chain both internally and externally. E-business is usedRead MoreCompetitive Supply Chain Relationship Management Essay1416 Words   |  6 PagesCOMPETITIVE SUPPLY CHAIN RELATIONSHIP MANAGEMENT PRACTICES IN ORGANIZATIONS PRACTICES THROUGH COMPETITIVE PRIORITIES. Over the years, the competition landscape for most companies has shifted from the highest-quality, lowest priced product or best performing product to the ability to respond to market needs quickly and get the right product at the right time to the right customer. This has in turn forced organizations to compete with their supply chain. Understanding supply chain management and puttingRead MoreThe Supply Chain Concept1622 Words   |  7 PagesSupply Chain Concept Introduction In today s competitive business environment many firms face the arduous mission of managing their supply chain. In an effort to gain competitive advantage, firms must make key decision involving logistics and operations management to move products and service across the supply chain. The materialization and attractiveness of the Internet has made supply chain management more attainable for business enterprises. Research shows that Internet-derived technologyRead MoreSupply Chain Risk Management Plan1299 Words   |  6 Pages(2005),Supply chain risk management, The International Journal of Logistics Management, Vol. 16 Iss 1 pp. 120 - 141. â€Å"Supply chain risk management is the process of identifying, assessing and controlling threats to an organization s capital and earnings that are caused by the organization s Supply Chain.  Companies with supply chain risk management plans in place typically place a chief risk office(CRO) in charge of overseeing the effectiveness of the organization s supply chain management strategy

Was the Treaty of Versailles a Success Essay - 982 Words

Was the Treaty of Versailles a success? There are several ways in which the Treaty of Versailles was a success but there are also some which show it was a failure. The treaty of Versailles was the peace settlement signed after World War One. The treaty was signed in Versailles Palace near Paris-hence its name-between Germany and its Allies. The three most important politicians were David Lloyd George (Britain), Georges Clemenceau (France) and Woodrow Wilson (USA) also known as ‘The Big Three’. There were many territorial changes to Germany after the war, due to the treaty. The most relevant one was the decision to give Poland a coastline, the Polish Corridor. This was a piece of land running through the centre of Germany, splitting†¦show more content†¦John May hand Keynes said â€Å"This treaty threatens the health and prosperity of the Allies themselves. By making impossible demands it leaves Europe unsettled than it found it†. Another term of the treaty was that the Germans had to reduce the size of their army and weaponry. This limited the army to just 100,000 of voluntary soldiers, and they also had to melt down their weapons, they were forbidden to use any sort of air forces too. This had the affect of making the Germans feeling angry and weak and thirsty for revenge. Also Germany was to pay  £6.6 billion in damages which badly affected their economy. Article 231, in the Treaty, is commonly known as the â€Å"Guilt Clause†. This said that the Germans were responsible for the whole of the War. The Germans had no say in anything and just had to keep quiet and take the blame for everything. The treaty humiliated the Germans. The war-guilt clause forced Germany to accept sole responsibility for World War I. And although the German military had played a major role in igniting the war, other countries in Europe had been guilty of provoking political crises before the war too. Another organisation which was also created, to prevent war, was the League of Nations. This consisted of a group of countries; the four most powerful countries that joined were Britain, France, Japan and Italy. Although theShow MoreRelatedThe Treaty of Versailles1684 Words   |  7 PagesInvestigation The Treaty of Versailles was created to bring peace between nations after WWI. This investigation will answer the following question: To what extent did the Treaty of Versailles bring peace? In this investigation, the extent of the Versailles Treaty’s success will be evaluated by examining the period of its development, 1918, to the rise of Hitler, 1933. Several sources were used in this investigation including a number of books that look at the terms of the Treaty of Versailles and the reactionsRead MoreThe Successes and Failures of the Treaty of Versailles in Addressing the Causes of Conflict and Restoring Peace and Normality1117 Words   |  5 PagesSuccesses and Failures of the Treaty of Versailles in Addressing the Causes of Conflict and Restoring Peace and Normality To evaluate the successes and failures of the Treaty of Versailles, we need to address the terms of the Treaty as well as to inspect the consequences. The First World War had exposed Germany as a strong and aggressive power, and was viewed as a threat to peace by the victorious powers, so the terms of the Treaty of Versailles, which was designed to addressRead MoreThe Treaty of Versailles Effect Essay1490 Words   |  6 PagesThe Treaty of Versailles Effect The Era of the World Wars was a terrible time in both American and European History. It started with World War I between the Allies Powers and the Central Powers. The major powers that made up the Allies were the Unites States, the Soviet Union, the United Kingdom, and France. The major powers that made up the Central Powers were Germany and Austria-Hungary. The end of the First World War resulted in the Allies winning, after the four long years of battle. When theRead MoreThe New Republic936 Words   |  4 Pagesdeal with the fact that there was a general dislike felt for the new regime by most of the population from both the left and the right sides. This all went back to the fact that it was these politicians who signed the Treaty of Versailles. The people found it difficult to accept that the war had been lost. From the home front, it was not obvious that the war had been lost, and so it was difficult to understand why the politicians had agreed to the Peace Talks in Versailles . The troops were upset withRead MoreHitlers Rise Due to Treaty of Versailles Essay1089 Words   |  5 PagesRise Due to Treaty of Versailles The Treaty of Versailles contributed to Hitlers rise by being the most hated treaty ever brought about. The Treaty ruined any chance of Germany regaining dignity after World War One. The German people didnt believe they had lost the war or should be blamed for the war, so when the Treaty gave them a term they had to agree with e.g. You must take the blame for starting the war, they felt the terms were unfair. Also what was unfair theRead MoreThe Treaty of Versailles Brought about Pease in Many Countries, but Not in Germany850 Words   |  4 Pages Thesis: The Treaty of Versailles brought about peace in many of the countries. But not in Germany because the Germans weren’t happy with the Treaty and they felt that with Treaty ending the War they had lost their dignity and pride. The Treaty also helped give the rise to Adolf Hitler and leading Germany into World War 2. The Treaty of Versailles brought peace to many of countries when the war ended. When the Treaty came about Germany was not at the peace table at all. Germany felt that withRead MoreWhy Did the 1919 Paris Peace Settlement Not Provide a Durable Peace in Europe1570 Words   |  7 PagesWar, was without a doubt one of the most tragic events in the history of people. It was fought on a scale, and at a cost in human suffering, unparalleled in the history of man kind. Countries from every continent, including most of those in Europe, had taken part. Whole populations had been marshalled to serve their countries war efforts1. All these came to an end when on 11 November 1918, Germany finally agreed to sign an armistice. What is very important to know, is that this armistice was actuallyRead MoreHilters Foreign Policy Essay1226 Words   |  5 PagesPolicy A dynamic foreign policy played a fundamental role in Hitlers rule, his decisions often revolving around his foreign policy aims. Hitlers aims were ambitions, the globalist school of thought most notably Rausching believe his ultimate aim was simply the maximum of power and domination; namely ultimate power. Hitler in the future planning to gain Germen supremacy in the Middle East, Africa and finally in the USA after conquering Europe. Such notions however; as Noakes and Pridham state areRead MoreThe Impact Of Canadas Involvement In World War I928 Words   |  4 Pagesinvolvement in World War I was vital to the Allied success as shown through the battles of Vimy, Passchendaele, and Ypres. Yet in the end, their involvement with the Victory Treaty was non-existent and received nothing but some nationalistic pride. Moreover, the ultimate lesson that we learned is that fighting for the British does not help our own nation improve and this is proven by the lack of representation during t he final signing of the Treaty of Versaille. Moreover, this treaty reshaped the countriesRead MoreThe Treaty Of Versailles Was A War Of Slaughter On A New Scale1122 Words   |  5 PagesThe Treaty of Versailles was first and foremost the end to World War 1, the Great War. The Great War was a war of slaughter on a new scale as all countries involved had suffered massive loss of life; 1.8 million Germans, 1.7 million Russian, 1.4 million French, 1.3 million Austro-Hungarians and 750 thousand British soldiers. As a result, the victors were bitter and were uninterested in Woodrow Wilson’s promise of a gentle peace agreement. They wanted to receive money and territory as compensation

Career Goals And The Code Of Ethics Essay Example For Students

Career Goals And The Code Of Ethics Essay IntroductionNursing as a career involves the code of ethics in action. Motivation can lead to career goals. It is evident that nursing, as a whole, has evolved from these core subjects- motivation, career goals, and the code of ethics. I will take a clinical and personal account of each subject stated above. This includes how nursing personally shaped who I am today and hope to be tomorrow. What does a career in nursing mean to me?Two things, family tradition and my small part in this world, to help those who can’t help themselves. A career in nursing has been in my family for 2 generations before me. Being the third generation of nursing shows how it is a satisfying, fulfilling, and a sustaining vocation. Nursing is autonomous within the defined scope of practice (Selanders, Crane 2012 ). My Grandmother studied in L.A. in the 1930’s and obtained her defined scope of practice as a L.V.N. (licensed vocational nurse). She demonstrated strength and autonomy in her career while raising a family in the aftermath of the great depression. It was a status she upheld with a lot of pride and dedication to her patients. She advocated primarily for her home health patients’ necessary environment of cleanliness, as the poverty level was at an all-time high. Her scope of practice focused on very different health conditions. Then came my mom, who started her education at Biola Bible College in Southern California and completed a three-year Rn degree in L.A. County hospital. By early 1950’s clinical hospital nursing programs were popular, on the job training. Her career in nursing demonstrated caring advocacy in her specialty of pediatrics. Working as a voice for her young patients, and finding the value of hospital nursing in her natural. . all patients deserve the best educated workforce (AACN, 2011, April,14). My education has already started impacting my daily approach to my patients, so my BSN will include involvement with decision making, planning, implementing care, education, and counseling for my future career. Conclusion In summary, continuing on the road to nursing involves many paths to your own heart’s desire. I believe what we are most passionate about , carries us to an open door to find new possibilities and workforce avenues. Advancing our education is the obligation to motivate future nurses, nurses who will be taking care of us. The Code of Ethics speaks individually to each one of us and it guides one of the largest healthcare occupations, nurses. Motivation brings action to advance, and gratitude keeps us grounded. My nursing philosophy: Gratitude in nursing, gratitude in life.