Wednesday, December 18, 2019

Supply Chain Management Walmart And Amazon Essay

SUPPLY CHAIN MANAGEMENT-INDIVIDUAL Introduction: The supply chain management is considered as a management concept from past two decades as the customers are concerned about timely and safe delivery. The competitiveness has been increasing among the companies to deliver the products as quickly as possible to the customers all around the world. This has made the supply chain management as a vital tool for the management. This is also measured as a competitive parameter for the companies. The two supply chains of Walmart and Amazon are different from each other and are efficient at their own perspectives. Both the supply chains are highly efficient in reaching out the customers in different ways. Walmart’s supply chain is completely based on store based retailing whereas Amazon’s supply chain is based on online retailing. The various methods followed by Walmart in its supply chain are vendor management inventory, cross-docking and central warehousing. Amazon acts as a retailer, as a third party and as an agent in supply chain management while selling various products through online. The third party logistics (TPL) and fourth party logistics (FPL) act as a support system for companies to effectively formulate and manage their supply chain process. Walmart’s supply chain: When the ‘bricks and mortar’ store based retailing is considered, Walmart employs different methods of supply chain. Vendor management inventory is one of the methods run down by Walmart for an efficientShow MoreRelatedAmazon : A Fortune 500 E Commerce Company Essay1551 Words   |  7 Pages Amazon is a Fortune 500 e-commerce company based in Seattle, WA. It is one of the top companies that sells the most goods over the internet. In 1994, Jeff Bezos created Amazon with the idea of selling books online. Jeff Bezos was raised by his mother and stepfather, who was a Cuban immigrant that later adopted him. He quit his job on Wall Street with a New York hedge fund to work to fulfill his dream. In 1995, the dream became a reality. Bezos knew when he created Amazon, he knew what heRead MoreAmazon s Supply Chain Management Essay1187 Words   |  5 PagesEvery company has their own supply chain in order to sort or produce goods. However, the company needs to manage supply chain to maximize its highest benefits. By having effective supply chain management, the company can ensure that the right product or service will be available at the time to the right place and at the right price (Kamal 2007). Amazon is one of the companies that have best supply chain practices in order to respond high level of responsiveness for the customers. Thereby, this paperRead MoreKey Concepts Of Operations Management Essay1573 Words   |  7 PagesThe purpose of this assignment is to discuss and evaluate various key concepts of operations management and how each, when implemented within an organisation, can be beneficial and contribute to the improvement of its operational efficiency. (Hill, A. and Hill, T. 2011) describe operations management as being core to what organisations do, it is the process of transforming inputs which include information, people and materials into outputs such as services or products. (Slack, N, et al. 2013) statesRead MoreSupply Chain Management : An Integrated Process Essay1882 Words   |  8 Pages Introduction: Supply chain management is an integrated process that constitutes the various stages through which a product passes prior to reaching the ultimate consumer. Every product or service is designed in such a manner that it is able to meet the requirements of its target consumers. 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As a frequent shopper at Amazon for both school textbooks and electronics, I have been completely satisfied with my amazon.com transactions, and so felt that Amazon was a good fit for the organization IRead MoreService Supply Chain : Walmart1321 Words   |  6 PagesService Supply chain: Walmart has one of the largest supply chains in the world, it’s successfully delivering products to 200 million customers more than 11000 stores in 27 countries. The phenomenal growth of Wal-Mart is associated to its continued focus on customer needs and reducing cost through efficient supply chain management practices. In general, the step of SCM it follows are begins from suppliers who row materials, equipment’s and other ingredients to manufacturer, manufacturer use thoseRead MoreThe Strengths And Weaknesses Of The Three Companies1647 Words   |  7 PagesUse the value-chain template to identify the locations and nature of the strengths and weaknesses of the three companies Value Chain Walmart Amazon eBay Inbound logistics 1. Real time inventory data. strength 2. Own its truck fleet. It could be negative because it adds more department to be managed. Medium. 3. Highly automated distribution facilities. Strength. 4. Fast responsive transportation system strength 1. Accurate forecasting technology which reduced return unsold items to suppliers.Read MoreCostco s Market And Ahead Of Its Competitors1658 Words   |  7 Pagesbenefits. Distribution and Retailers Costco does not have distributors or retailers to supply its products to the end users. They do, however, have reseller who buy their products for their business and sell to the end user. For example, Costco’s business membership offers tax-exempt purchases to restaurant and small grocery store owners; they then sell those purchased goods to the end user. Primary Value Chain Activities Partnering with Vendors Costco’s competitive advantage is partnering with vendersRead MoreInformation Technology : An Adaptive And Innovative Organization Essay3545 Words   |  15 Pagessmart phone which help distribute important information from top level to bottom level management which in turn use all these useful information generated to make crucial decision making regarding the objective and mission of the organization itself. According to (Gartner,2013) linking technology to business strategy is a essential, because the impact technology plays in helping to drive financial, management and operational are tremendously effective, innovative and adaptive to affect businessRead MoreWalmart Swot Analysis1539 Words   |  7 PagesWalmart’s supply chain management has proved to be very effective, which has led the company to success. This case study analyzes the company’s strengths and weaknesses, and factors in what threats they face, as well as what opportunities that they can exploit. 3.4.1 Strengths Walmart is a very powerful retail brand that represents affordability. Their number one strength is their efficient supply chain network. They offer â€Å"Everyday Low Prices† and have a consistent level of inventory. Walmart achieves

Tuesday, December 10, 2019

Real Life free essay sample

â€Å"Oh, and another thing is that you get to walk around naked anytime you want.† I half snorted, half laughed as I leaned back against my pillows, pressing the receiver to my ear. â€Å"Uh, awesome. What else?† â€Å"Well, it’s just nice getting to make your own choices. Whether they’re smart or not. You get to control your own life. I mean, yesterday I was craving pizza at, like, 2 AM so I went out and got some down the street. Didn’t take me more than five minutes.† He paused. â€Å"It was pretty cool.† As my older brother, who graduated from college the previous spring and lived in Brooklyn, continued to rattle off the perks of living in New York City, I glanced over at my night stand. Royal purple brochures and booklets with glittering skyscrapers and taxicabs blurred with movement on the covers strewed the desk, and a map detailing every campus building and street name within Greenwich Village encompassed the wall behind it. We will write a custom essay sample on Real Life or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I closed my eyes and pictured standing in one of the photographs on the brochures, feeling the gusts of thousands of people jostling and moving in a pandemonium around me that were so familiar, yet distant. Only a few more years before I get out of this place, I thought to myself. I had not envisioned my life to unravel the way it was currently. As I spent my days dreaming about moving to the other side of the country, I dismissed what I saw as the monotony of my sheltered suburban neighborhood, the conformity and close-mindedness I witnessed from my peers, and the suppression of my parents’ household rules- You have to be home before ten-thirty. Get off the computer, you need to sleep. You can’t have friends over when we’re not home, what were you thinking? â€Å"Why New York?† my friends would ask, puzzled by my constant drive. â€Å"I just love the vibrancy and energy of it all. I want to hang out in coffee shops all day and go on adventures like they do in Friends, you know? I want to work in an office with a view of the Empire State Building as a journalist or creative director of something and see new things and meet new and interesting people. I can’t wait for real life.† But does real life begin at a single point in time? Does it start at the second I blow out my eighteenth birthday candles, or when I sign my name on the lease to buy my first apartment? Did I expect fireworks to erupt from the sky and a gleaming path to happiness to be laid out in front of me the moment I set foot in my dream city? I had wasted years of my personal development, significant years that I overlooked in favor of a future that holds more opportunity for me, but which I foolishly idolatrized. I still long to sow the seeds of the city’s eclecticism and culture, to cultivate them into a blooming life, to finally be free. But I now realize that I, not my surroundings, determine whether my life blossoms or not. I see the golden trophy in the distance, shimmering in its perceived glory, but the hurdles I impatiently leap over to reach it are not what delay my life from beginning. These hurdles are my life.

Monday, December 2, 2019

Philip Emeagwali Essays - Philip Emeagwali, Hyperball, Computer

Philip Emeagwali Philip Emeagwali a.k.a., calculus programmed a computer to work faster than any other computer in the world, and helped to solve one of the Nation's most difficult computing problems: understanding how oil flows underground. As a result of this great triumph, Emeagwali, who gained his doctorate at the University of Michigan, and won the prestigious, Gordon Bell prize for solving the greatest differential equation. This is a great honor awarding the greatest feat in math for the year. As a boy he couldn't even have dreamed of getting his doctorate, much less designing a computer 1,000 times faster than any other computer. He grew up with hardly a cent in Nigeria; he was forced to drop out of school at age 14. Now at age 41, he is the greatest math genius alive. The name of his incredible invention was called the hyperball computer. This computer is 1,000 times faster than ordinary mainframe, or supercomputers, and 1,000,000 times faster than a personal computer. His hyperball computer can manage 3.4 billion computations per second and costs 1 fiftieth of the price to build as a supercomputer. Along with these feats, he has broken many world records including breaking the record for solving the largest partial differential equation. He holds the record for speeding up a computer more than anyone else at 65,536 times. Along with these, he has also broken the record for 20 other extraordinary feats. His incredible computer has been designed for a strange, but very cost cutting reason, it was designed to regulate oil from the field to the tanks. Although it may not seem technological, it is. Emeagwali explains that without his computer, the companies would be losing over 400 million dollars worth of oil. Basically, the computer calculates, and keeps track of all of the oil, without ever missing a drop. The reason of course is because his computer can read the information, and solve it 65,000 times faster than any other. This has helped to solve one of the most serious and wasteful problems for years. Emeagwali's hyperball computer works in no way ever seen; in fact he had to write an eight hundred and sixteen-page report to the US office of Patents and Trademarks. His computer is based on what he calls "The Theory of Tessellated Models." It is designed to work like a bee's honeycomb. He says that the computer will be more efficient in predicting the world's weather patterns a century ahead of time, something no other scientist has ever attempted he is often called "One of the fastest human beings in the world" He says that he is surprised how badly things are going in Nigeria, and will do everything he can to help. And he has done just that; he has stopped working and is using sixteen hours a day, 7 days a week to help out his country. He admits that his country even has it's problems, and that if he went back there he would either go insane from the lack of motivation from the people, or be killed by one of them. Therefore he is in a tough situation. He is creating and funding as many projects and support for the people as needed, he is determined to bring his country of Nigeria up to where the rest of the world is. Emeagwali, who is now worth about 250 million dollars, has a very unique, and perhaps much needed outlook toward life. He believes that a person should raise wealth for his or her country, and not just for themselves. He is currently involved greatly in trying to bring money and food to his fellow Nigerians. He perhaps has a better outlook on their problems, for he grew up trying to live off the meager amounts of pay his father made. He told a reporter that he could never understand the problem unless you had to live through it. However, he also doesn't believe in giving money away. Therefore he has created the project, "Africa One". His project is designed to bring fiber optic cables to 41 points on Africa's shoreline. He strongly believes that Africans have the ability and resources to make their nation wealthy, all they need is