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Tuesday, May 3

  1. page Technologies edited ... RFID RFID, which stands for Radio Frequency Identification, is a technology that is rapidly g…
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    RFID
    RFID, which stands for Radio Frequency Identification, is a technology that is rapidly growing as supply chains become more and more complex. Especially useful for consumer goods companies, RFID tags are fast, simple, and inexpensive ways for firms to monitor the movement of product to different outlets.
    EDI
    EDI stands for Electronic Data Interchange. Many businesses today use this e-commerce technology globally to exchange information through the internet to other businesses such as for example invoices, packing lists, purchase orders and shipping documents electronically, which was once sent some time ago via fax machines. EDI helps reduce costs, errors and increase efficiency by streamlining information.
    Cloud Computing
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    10:55 am
  2. page Technologies edited ... Cloud Computing QR Codes Supply Chain Management Software (SCMS) RFID RFID, which stand…
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    Cloud Computing
    QR Codes
    Supply Chain Management Software (SCMS)
    RFID
    RFID, which stands for Radio Frequency Identification, is a technology that is rapidly growing as supply chains become more and more complex. Especially useful for consumer goods companies, RFID tags are fast, simple, and inexpensive ways for firms to monitor the movement of product to different outlets.
    ...
    QR Codes
    QR codes are a type of data display similar to a barcode, in that they are unreadable unless done so through a special type of scanner. Unlike barcodes, though, QR codes hold more information and can be used to transmit not only raw information such as a number code or object code, but text, phone numbers, website addresses, and even pictures. In the future, these could become a replacement for barcodes as companies seek to streamline checkout processes and gather more information on purchased products.
    Supply Chain Management Software
    (SCMS) integrates components such as the technologies listed above into a centralized system where managing and controlling the supply chain network is feasible. Items such as supplier sourcing, inventory management, purchase orders, shipment arranging and tracking as well as forecasting are included in the software to enable companies to plan better and more efficiently.

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    10:03 am
  3. page Limitations edited ... What kind of limitations and complications can occur in Supply Chain Management? Due to the m…
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    What kind of limitations and complications can occur in Supply Chain Management?
    Due to the many players and complexity of supply chains, a problem in one link can have increasingly negative effects on the chain as a whole. There are many areas in which incidents, preventable or not, can hinder production.
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    different product.
    By using business intelligence software to streamline and monitor information from a variety of sources could help the firm in this situation in quickly finding the best way to overcome the problem and waste the least amount of time and resources possible. These systems are imperative in helping businesses keep costs down and satisfy customers with timely and efficient service
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    was hindered due to the fact thatbecause Japan is
    Some possible transportation complications include delays due to security issues such as passing through customs, additional costs from importing and exporting fees and taxes, determining the most efficient packing technique, tracking of shipments or delays due to carrier errors. Consequences to possible supply chain management incidents include financial penalties, damage to reputation, lost business opportunities, reduced profitability and high cost of capital.
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    9:47 am
  4. page Strategies edited ... What strategies are used in SCM? Firms use a number of different strategies and tools to mana…
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    What strategies are used in SCM?
    Firms use a number of different strategies and tools to manage the various aspects of a supply chain. For supply chain management to remain effective, firms must stay up to date with strategic advancements to make its processes leaner. SCM should constantly incorporate new strategies at every phase of the supply chain process.
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    forward vertical integrationintegration, which is
    Management and careful analysis of product life cycles can help supply chain management through identifying in advance the inputs and resources that will be needed for production and making sure that these supplies will be available and in stock. This is also important for smoothly integrating new and existing products and their required inputs into and the phasing out of outdated products out of the supply chain as well as planning procurement.
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    is inventory managementmanagement, which tracks
    Among other logistic issues, the transportation of goods is one of the most relevant to SCM. It includes the frequency of trips, routes, load size, handling, packing, security manufacturing, warehouses, distribution centers, retail centers and the communication of the information that pertains to all these issues.
    Other approaches include adapting just-in-time or lean processing principles to supply chain management.
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    9:45 am
  5. page Technologies edited ... QR Codes RFID ... Radio Frequency IDentification, Identification, is a EDI EDI stan…
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    QR Codes
    RFID
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    Radio Frequency IDentification,Identification, is a
    EDI
    EDI stands for Electronic Data Interchange. Many businesses today use this e-commerce technology globally to exchange information through the internet to other businesses such as for example invoices, packing lists, purchase orders and shipping documents electronically, which was once sent some time ago via fax machines. EDI helps reduce costs, errors and increase efficiency by streamlining information.
    Cloud Computing
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    data contents areis stored remotely
    QR Codes
    QR codes are a type of data display similar to a barcode, in that they are unreadable unless done so through a special type of scanner. Unlike barcodes, though, QR codes hold more information and can be used to transmit not only raw information such as a number code or object code, but text, phone numbers, website addresses, and even pictures. In the future, these could become a replacement for barcodes as companies seek to streamline checkout processes and gather more information on purchased products.
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    9:41 am
  6. page Overview edited Supply Chain Management Overview What is Supply Chain Management? ... Chain Management (SCM) …
    Supply Chain Management Overview
    What is Supply Chain Management?
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    Chain Management (SCM) is the
    SCM is an important component of logistics, which controls the flow of products and information through a business. SCM creates links between the logistics of the firm and the other external processes or entities essential to operations and production. Because of these links, the management of both relationships and flow of information between these entities is extremely important to supply chain management. The five major components of supply chain management are:
    Plan: This is the stage that occurs before anything has been produced. At this point, the firm needs to analyze strategically their goals and needs in order to construct a system that reflects these. Furthermore, it is important for the firm to institute metrics that will allow them to monitor the efficiency and effectiveness of the system they implement.
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    9:37 am
  7. page Overview edited ... Supply Chain Management is the management of upstream and downstream relationships with suppli…
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    Supply Chain Management is the management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer value at less cost to the supply chain as a whole (Christopher, 3). The scope of supply chain management includes many different elements, ranging from the optimization of ordering processes to effective distribution of products to various outlets. SCM also includes harvesting raw materials, moving them to a supplier, manufacturing goods, and monitoring work-in-process goods.
    SCM is an important component of logistics, which controls the flow of products and information through a business. SCM creates links between the logistics of the firm and the other external processes or entities essential to operations and production. Because of these links, the management of both relationships and flow of information between these entities is extremely important to supply chain management. The five major components of supply chain management are:
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    needs to strategically analyze strategically their goals
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    these. Furthermore, it'sit is important for
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    implement.
    Source: : At this
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    companies must carefully choose what suppliers to purchasetheir raw materials from. Thesuppliers. This requires supply
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    are actually produced.manufactured. During this
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    goods are made,produced, quality tested,
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    rubrics to effectively determine quality.quality effectively.
    Deliver/Logistics: At this stage, companies coordinate customer orders, warehouse networks, distribution channels, and an invoice system in order to make the exchange of goods and money as smooth as possible.
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    of, but also how money
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    market. This wikiWiki will discuss
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    supply chain so as to be
    {http://www.metalez.com/photos/web%20images/Supply-Chain-Management.jpg}
    Christopher, Martin. Logistics and Supply Chain Management. Pearson Education UK, 2010.
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    9:36 am
  8. page Technologies edited ... RFID: radio frequency identification EDI: electronic data interchange (structured data transm…
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    RFID: radio frequency identification
    EDI: electronic data interchange (structured data transmission)
    Integrated Supply Chain Logistics Databases
    Cloud Computing
    QR Codes
    ...
    EDI stands for Electronic Data Interchange. Many businesses today use this e-commerce technology globally to exchange information through the internet to other businesses such as for example invoices, packing lists, purchase orders and shipping documents electronically, which was once sent some time ago via fax machines. EDI helps reduce costs, errors and increase efficiency by streamlining information.
    Cloud Computing
    Cloud computing is an area of technological growth that has recently gained some momentum. Essentially, cloud computing means that data is stored in a massive database from which it is actively streamed to another computer. While none of the data contents are stored remotely on the computer, the computer still has access to the data through its Internet connection to the database. Amazon and Apple are two major corporations that use cloud computing to streamline distribution of content.
    QR Codes
    QR codes are a type of data display similar to a barcode, in that they are unreadable unless done so through a special type of scanner. Unlike barcodes, though, QR codes hold more information and can be used to transmit not only raw information such as a number code or object code, but text, phone numbers, website addresses, and even pictures. In the future, these could become a replacement for barcodes as companies seek to streamline checkout processes and gather more information on purchased products.

    (view changes)
    9:17 am
  9. page Technologies edited ... RFID, which stands for Radio Frequency IDentification, is a technology that is rapidly growing…
    ...
    RFID, which stands for Radio Frequency IDentification, is a technology that is rapidly growing as supply chains become more and more complex. Especially useful for consumer goods companies, RFID tags are fast, simple, and inexpensive ways for firms to monitor the movement of product to different outlets.
    EDI
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    streamlining information.
    Cloud Computing

    (view changes)
    7:08 am

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