Essays on Ries

IEG 330: Supply Chain & Logistics Engineering

Section: F2 Summer 2016

Abstract 3

Introduction 4 Objectives of the Project4 Literature Review4-5 Description of the Collecting Data Process5-6 Description of the Collected Data6-7 Mapping the Supply Chain Network of the Company8 Performance Measurement8-11 Tools, Techniques and Approach to follow11-12 Challenges Expected12 Conclusion12 Gantt Chart13 Reference14 Abstract This report presents an analysis of Kuwait indo Trading Company’s (KITCO) supply chain. Supply chain analysis and management is an imperative aspect for the business. This is mainly the results obtained help improve the bottom line of all members of the supply chain (manufacturers, suppliers, wholesalers, and retailers). The improvement results from ...

Product Development is the design of new products, or new features in old products that is meant to offer better benefits to the target users (Ulrich and Eppinger, 2012). Product Development goes further to involve the marketing of the created product. Several factors determine the success of Product Development. Broadly categorized, such factors include type of product in question, state of the target market and economy, the characteristics of the target customers among other factors within and beyond the company. All these factors constitute part of the risks faced by company involved in product development (Towey, 2013). Factors that ...

Abstract:

This report presents an analysis of Kuwait indo Trading Company’s (KITCO) supply chain. Supply chain analysis and management is an imperative aspect for the business. This is mainly the results obtained help improve the bottom line of all members of the supply chain (manufacturers, suppliers, wholesalers, and retailers). The improvement results from a reduction in transport, logistical, holding, and other costs associated with the transport and handing of goods and raw materials within the supply chain. It also increases the bottom line by streamlining all processes involved in a supply chain. This includes periodic product and raw material ...

Introduction

Brief profile of the video case The Video Cola War is a documentary about the competition between the two key competitors in the carbonated drinks market. In that respect, it provides an overview of the Cola industry and explains how Coca-Cola and Pepsi have been competing.

Description of the organizations’ position

Coca-Cola and Pepsi are the leading competitors in the carbonated drinks market accounting for about 75% of the market share. In 2004, Coca Cola’s pretax profit was about 9% of its sales (Nils, 2015).

Portfolio objective

Considering the video’s content, this report presents an analysis of the two companies’ strategies and the Cola ...

For this interview, I chose to pose questions to a long-time family friend, whom I will refer to as Sam. Sam, who is now 46 years old, was born in 1969. The Vietnam War was at its height in the late 1960s, and early 1970s. Sam informed me that his father was nearly drafted to serve in Vietnam. However, as his father had high blood pressure, he failed his physical exam, and was not drafted into the armed forces. However, Sam told me that his mother worked in an ordnance plant that manufactured various types of ammunition, such as ...

Business Perspective

Part One The first franchise offering is the UPS offering. In order to be a business owner, one will need the seed capital to start up the operation. UPS requires that a franchisee to have $167,825 - $535,580 when the franchise is opening in the traditional locations and $139,673 - $254, 562 when the franchise is opening in a non-traditional location as the startup cost (Franchise Direct, n.d.). UPS requires an additional $150,000 as the net worth of the franchisee and $60,000 -$100,000 as the liquidity (Franchise Direct, n.d.). The biggest challenge ...

Any person who is suddenly withdrawing from alcohol must experience unpleasant reactions that accompany the process. The abrupt withdrawal brings about certain signs and symptoms that characterize the sudden discontinuation of taking drugs or alcohol. Some of the symptoms may include a rapid heartbeat, profuse sweating, temporary memory loss, insomnia, headaches, anxiety and even social isolation (Miller & Gold 1998). Most people who experience similar reactions as a result of sudden withdrawal from alcohol suffer from delirium tremens (DT) (Koob 2006). It is one of the most prevalent risk factors in this case. The patient often experiences DT after 48-96 ...

Leadership and Successful Entrepreneurship

In essence, operating a business requires the capacity to navigate through a wide array of potential risks. For organizations to survive there must be quick response and management of dynamisms of innovations and environments. Primarily, a leader refers to a person that people follow or one who organizes and directs people towards the achievement of common goals. Most leaders consider themselves as entrepreneurs irrespective of their contribution towards the foundation of the company. Leaders in business are those individuals who are particularly successful in decision-making about the direction of the venture, and they have the necessary skills. The world ...