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A sample of possible research topics in this area is presented below. In addition to the following sample topics, please contact us at consulting etcoindia. The concept of demand forecasting is diminishing as more and more companies are now focusing on getting accurate and timely demand information rather than depending upon forecasts.
This is carried out by effective integration of information from all the nodes of the supply chain and disseminating upstream as well as downstream. However, there are many industries that will continue to depend upon push strategy and demand forecasting.
The students may like to study about the drawbacks of traditional forecasting methods like time series forecasting, moving averages, trend analysis, etc.
Many companies want to incorporate real time data in their Value chain activities of kfc models and focus on forecasting for shorter periods.
This requires lots of additional knowledge over and above the traditional ways of working upon past demand data.
The modern forecasting models may be based on accurate knowledge of customer segments, major factors that influence forecasting accuracy, information integration, bullwhip effect, scenario planning, simulations, external factors, risks, and causal Fishbone or Ishikawa analysis.
Most of the studies may be qualitative or triangulated. Aggregation is carried out by a company to determine the levels of pricing, capacity, production, outsourcing, inventory, etc. Aggregation planning helps in consolidation of the internal and external stock keeping units SKUs within the decision and strategic framework for reducing costs, meeting demands and maximising profits.
It may be viewed as the next step of either demand forecasting push strategy or demand information accumulation pull strategy for carrying out estimations of the inventory level, internal capacity levels, outsourced capacity levels, workforce levels, and production levels required in a specified time period.
Aggregation planning in modern supply chains is carried out using advanced planning tools comprising of 2D layout maps, 3D spatial maps, structural maps, data association with map items, spatial data mining, location-aware data mining, analytical hierachy planning, etc.
The students may like to conduct qualitative case studies and modeling-based quantitative studies to research about modern practices of aggregation planning in various industrial and retail sectors. I Global Supply Chains: In the modern world, suppliers in a country are facing direct competition from international suppliers as if the latter are operating within the country.
This has happened due to modernization of information management and dissemination, supply routes, payment channels, electronic contracts, leading to improved reliability and reduced lead times of international suppliers.
E-Supply Chains are linked with E-Businesses that use Internet as their medium for accepting orders and payments, and then using the physical channels to deliver the products. E-supply chain is an excellent example of pull strategy and short term demand forecasting.
Information flow across the supply chain is instantaneous because both end points and the intermediate agents work through a single Internet enabled portal. E-Bay and Amazon are viewed as the two most successful companies using this concept at global scales with built-in electronic contract signing and management, electronic payment processing, and electronic delivery processing.
The students can find various case studies on E-Supply chains, although the empirical theories are still evolving.A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.
The concept comes through business management and was first described by Michael Porter in his best-seller.
The harsh economy is driving an increased need for top-notch supply chain management in the foodservice industry. Here, a look at how some restaurants . Hotels - Book Hotels in Mysore, price starts @ ₹ Get best deals on Mysore hotel booking online with Best Tariff Free WiFi AC Room Free Breakfast Free Cancellation.
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Rival chain, El Pollo Loco, officially turned KFC's grilled chicken clusterfuck into tender-roasted lovemaking when they announced that they'd accept all six million rejected KFC coupons that coming Sunday (which just happened to be Mother's Day).
According to Michael Porter value is the chain of activities for a company that operates in a specific industry. For gaining the competitive advantages, Porter suggested that going through the chain of organization activities will add more value to the product and services than the .
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