Key Issues:- Although Thembeka has set up a good business in the field of jewellery but their some challenges that company were facing during their supply chain. Vonkel has to consider all those challenges before expanding their business. Following are the issues of Thembeka that they were facing:- 1. They were unable to locate the stock efficiently from their inventory which resulted in frequent stock out during the peak demand periods. In this case their inventory is placed in various outlets.
We should consider if the network is necessary or the task is too obvious or simple. These networks are not well suited for scheduling challenges either. After a while in large projects the can become very complex. Sometime projects can contain thousands of activities. If it is too complex it can lead to misinterpretations especially when companies are using a multiple layers of activity networks.
1. What caused the difficulties that the JITD program was created to solve? The problems that JITD intended to solve: ● Demand fluctuation: Barilla suffered increasing operational efficiencies and cost penalties that resulted from large week to week variations in its distributors’ order patterns. According to the Exhibit 12 , the demand variability was huge so it was very difficult for the whole supply chain to forecast the demand and order accordingly. ● Furthermore, the production line of Barilla had a long setup/change process and was highly automated as well.
This power is much too overwhelming, because of the outrageous detriments that it could have on the economies of the world. Many large corporate monopolies are detrimental to many economies around the world, because, as a result of their misuse of power, monopolies have no incentive to improve or do more than what is necessary; they have extremely high prices at extremely low supply, and they do not use resources efficiently. These three factors could lead to much inefficient use of the limited supply our countries have, as well as decreasing GDP because of the lack of spending due to the extremely high prices, ultimately decrementing economies around the world. With less or no monopolies, economies and consumers can finally breathe easy, without the fear of high prices or inefficiency. First, the many monopolies in the world are detrimental to the economy because the lack of competition gives company little incentive to do more than what is needed.
In order to be competitive and also profitable, companies need to find ways to reduce or eliminate costs associated with routine and repetitive business transactions. Those transactions often fall in the areas of purchasing, billing, accounts receivable, and accounts payable. It is in these areas that the confusion caused by translating part numbers is most noticeable. Time spent translating one part number to another part number for the same item adds very little, if any, value to the transaction. The errors that result from errors in translation are the cause of many problems in invoicing and making payments.
There are multiple risks of not upgrading the IT system in Zara – • The POS applications in Zara ran on top of DOS operating system and Microsoft was no longer supporting DOS after 2003. DOS was now outdated and Zara’s business model was heavily dependent on that technology. It posed a high risk to Zara as the hardware vendor for POS could decide to change the machine such that it no longer runs on DOS and as a consequence stores would not be able to provide information about their sales and demand immediately impacting Zara’s business. • Old technology is more prone to security vulnerabilities and is hard to maintain, improve and expand. In short, availability and scalability of the application takes a hit.
If a person who is unauthorized has an access to someone’s bank account, and if they transfer huge amount of money illegally it would become a great loss. These type of cyber attacks happen all around the world. The cyber security prevents that from happening but they are not fully successful. There are some basic reasons because of which some organizations fail to provide cyber security. These could be failure to cover cyber security basics, not understanding what generates corporate cyber security risks, lack of a cyber-security policy, confusing compliance with cyber security, the human factor-the weakest link, funding talent and resources constraint
* Assembly Lines Faults Poor design of assembly floor line is causing manufacturing delays as inter related task are done separately. * Poor Market Reputation Due to ineffective order deliveries to customers and problems with suppliers is causing Zing PC its market reputation. * Excessive Lead Time Excessive Lead time causing delays in decision making of the firm creating operational delays. 2. How could ZingPC benefit from outsourcing?