Verified Document

Inventory And Supply Chain Management: Case Study

As is shown in the case, CCBCC begins with an intensive commitment to the initial collaborative planning phases of ensuring front end alignment with their distribution channel partners. Joint business plans ensure the company has the ability to effectively plan for spikes in demand more effectively than traditional, and less flexible means allow for. The collaborative planning phase of the CPFR Model is essential for ensuring a high degree of logistics coordination and collaboration has been achieved (Bonet, 2005). The collaborative forecasting process including sales forecasting, exception management and resolving expectations, all essential for making a strategic commitment to CPFR function correctly, are also evidence in the CCBCC implementation (Ireland, 2005). Finally the steps of creating and fine-tuning order forecasts, defining identifying exceptions and resolving exceptions to drive orders are also evidence in how CCBCC creates demand management workflows with the applications installed. It is very important to realize that all the benefits of CPFR, the perfect order or the development of entirely new business workflows is not entirely dependent on enterprise software' the software is the enabler, the CPFR workflow the catalyst of the majority of change. CCBCC CPFR Results Achieved

Validating the performance of the CCBCC within the dimensions of the CPFR framework through the use of accuracy metrics has been achieved, which is further evidence of best practices in this example. Forecast accuracy improvement has improved by 20% and is now...

Finished Goods inventory has been cut in half, from 14 days to six at the distribution center level. All of these results further illustrate how effective the CPFR and demand management strategies are in the CCBCC warehouse network. These strategies have also been so effective the company close lower-performing warehouses.
References

Barratt, M., & Oliveira, a. (2001). Exploring the experiences of collaborative planning initiatives. International Journal of Physical Distribution & Logistics Management, 31(4), 266-289.

Bonet, D. (2005). A new approach for understanding hindrances to collaborative practices in the logistics channel.International Journal of Retail & Distribution Management, 33(8), 583-596.

Crampton-Thomas, P. (2006). Enabling profitable growth through demand driven supply networks. Supply Chain Europe, 15(2), 18-21. R

Ireland, R. (2005). Abc of collaborative planning forecasting and replenishment. The Journal of Business Forecasting,24(2), 3-4+.

Loudin, a. (1999). Spicing up the food supply chain. Warehousing Management, 6(10), WM1-WM5+.

Novack, R.A., & Thomas, D.J. (2004). The challenges of implementing the perfect order concept. Transportation Journal, 43(1), 5-16.

Sadarangani, N., & Gallucci, J.A. (2004). Using demand drivers for a collaborative forecasting success. The Journal of Business Forecasting, 23(2), 12-15.

Sodhi, M.S., & Son, B. (2009). Supply-chain partnership performance. Transportation…

Sources used in this document:
References

Barratt, M., & Oliveira, a. (2001). Exploring the experiences of collaborative planning initiatives. International Journal of Physical Distribution & Logistics Management, 31(4), 266-289.

Bonet, D. (2005). A new approach for understanding hindrances to collaborative practices in the logistics channel.International Journal of Retail & Distribution Management, 33(8), 583-596.

Crampton-Thomas, P. (2006). Enabling profitable growth through demand driven supply networks. Supply Chain Europe, 15(2), 18-21. R

Ireland, R. (2005). Abc of collaborative planning forecasting and replenishment. The Journal of Business Forecasting,24(2), 3-4+.
Cite this Document:
Copy Bibliography Citation

Related Documents

Supply Chain Management Systems Have
Words: 4633 Length: 16 Document Type: Literature Review

(Reza, 2009) This information is building off of the findings from Uthayakumar. This is illustrating how the two tier system can help to streamline operations. However, as time goes by these ideas will become obsolete. The reason why is because they are focusing on particular aspect of supply chain management (i.e. during emergencies and backlogs). Where is it is failing, is through understanding how this strategy could be used when

Supply Chain Management in Fmcg Sector Fast
Words: 4046 Length: 10 Document Type: Term Paper

Supply chain management in FMCG sector Fast Moving Consumer Goods (FMCG) Managing supply of FMCGs Demand and Supply Distribution Channel Traditional channel of FMCGs distribution National Vs Global Presence Products and Services Supply chain opportunities Usage of Supply Chain Management Business development Business performance Cost reduction Revenue Increase Inventory management Overall Business Performance Competitive advantage Future trends Issues in global supply chain management: FMCG sector Multi-channel Supply Chain Management Individual Tagging The FMCG sector is represented as manufacturers and distributors of packaged products. They are also coupled with mega retail brands

Supply Chain Management Hypothesis Defined Concepts of
Words: 24788 Length: 80 Document Type: Thesis

Supply Chain Management Hypothesis defined Concepts of SCM and the evolution to its present day form Critical factors that affect SCM Trust Information sharing and Knowledge management Culture and Belief -- impact on SCM Global environment and Supply Chain management "Social" and "soft" parameter required for SCM Uncertainties This chapter aims to give an outline and scope of the study that will be undertaken in this work. The study lays out the issues faced by manufacturing organizations when it comes

Supply Chain Management at Dimco the Supply
Words: 988 Length: 3 Document Type: Case Study

Supply Chain Management at DIMCO The supply chain relates to the entire cycle and process through which raw materials are purchased, processed and developed in to goods and services which can be traded in the market. The management of such a process would involve creating improvements in the supply chain itself to make it more profitable and efficient for the company (Davis, 1993). Therefore the supply chain encompasses not only raw

Supply Chain Ann Supply Chain Management Annotated
Words: 1352 Length: 3 Document Type: Annotated Bibliography

Supply Chain Ann Supply Chain Management Annotated Bibliography Chopra, S., & Meindl, P. (2010). Supply chain management: Strategy, planning and operation (4th ed.).Upper Saddle River, NJ: Prentice Hall The text by Chopra & Meindl (2010) is an excellent starting point for this discussion, primarily because it serves as a rather exhaustive introductory reading on the subject. Providing academic explanation of the basic premise of supply chain management and an extensive investigation of the

Supply Chain Management Careful Attention Paid Process
Words: 1162 Length: 4 Document Type: Essay

Supply chain management careful attention paid process sees materials, information, finances move supplier manufacturer wholesaler retailer consumer. Supply chain management focuses efficiently effectively coordinating flows supply chain process companies. Supply chain management True or false: Coca-Cola's experience with inventory forecasting supports the principles set forth by CPFR The modern day economic agents function in a more and more dynamic business environment, in which they have to simultaneously serve the growing needs of numerous

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now