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What are some key drivers of developing a sophisticated Supply Chain?
- Information complexity
- Proliferation
- Diffusion
- Velocity
- Accuracy
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What is Information Visibility? What are some barriers?
- The ability to see information at the various points across the supply chain as and when required
- Barriers: Cultural, Financial, Technical, Organizational
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hat are some benefits of Information Visibility?
- Customer oriented operations
- Time compression
- Consistent partnerships
- Supply Chain synchronization
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What is significant about the "FloraHolland" Supply Chain?
Have 40 auctions operating simultaneously at 6 sites
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In 2010, What company had the highest group revenue and how many countries were they operating in?
Wal-Mart, operating in 16 countries (6%)
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What are the different types of Vendor Management Inventory (VMI) Supply chains?
- Traditional Supply Chain,
- Replenishment only,
- Replenishment/Forecasting,
- Replenishment/Forecasting/Customer Inventory management,
- Replenishment/Forecasting/Customer Inventory management/Distribution planning
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What is significant about the Cardinal Health in Detroit?
They are going to relocate a DMC/HFHS medical products distribution center to the midtown area.
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What is Radio Frequency Identification? (RFID)
Provides real-time visibility of point-of-sale data across the supply chain to trigger production and/or movement of freight for automatic replenishment
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What are some applications of RFID technology?
- Asset tracking
- Increased security of freight
- Improved stock management
- Reduced errors in data handling
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What is Supply Chain Knowledge Management?
Describes the capture, storage, use and sharing knowledge within an organization
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Explain "Sustainability"
- Concerned with reducing the environmental and other disbenefits associated with the movement of freight.
- Seeks to ensure that decisions made today do not have an adverse impact upon future generations
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What are some causes of Greenhouse gasses in our atmosphere?
- Burning fossil fuel,
- Deforestation,
- Industrial Processes,
- Agricultural practices
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What percent did China and the US take up in CO2 emission from fossil fuel combustion?
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What are some Global Warming statistics
- Earths average temperature has risen by 1.4 F over the past century
- (But it will rise 2-11.5 F over the next hundred years)
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What happened in the "Kyoto Protocol"
- In 1997, Japan's city Kyoto enacted regulations that called for a 60% reduction in Carbon emissions by 2050
- 191 nations have signed and ratified the protocol (U.S is the only one that didn't)
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What are Food Miles?
The distance by which the various components of a particular food item have to travel before final consumption
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What is significant about the Ford Rouge Plant?
The roof collects and filters rainfall, reduces urban heat effect, insulates the building significantly, & lasts twice as long as normal
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At what stage are most of the carbon savings achievable at?
Designing stage (Over 80% savings)
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What transportation mode uses the Most amount of fuel and which one uses the least?
- Most: Air Freight (9600 BTU per ton mile)
- Least: Waterborne (217 BTU per ton mile)
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What is the link between economic growth and transport growth?
As economies grow, more transport is required to move the freight that economic growth inevitably generates
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What is an advantage of Port Centric Logistics?
- Cuts down on the number of empty (return) containers on roads by emptying the imported containers at the port.
- Allows for faster repositioning of containers
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What is Reverse Logistics?
Process of planning, implementing, & controlling the efficient flow of raw materials, inventory, finished goods, & related information from the point of consumption to the point of origin for the purpose of recapturing or creating value or proper disposal
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What are some motivations for Reverse Logistics?
- Government policy
- Environmental Considerations
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What are the steps of Reverse logistics?
Market ->Collection ->Test ->Redistribution ->Recycle/Remanufacture/ Reuse
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Why is it not good to simply throw away electronic products?
They contain toxic components like Mercury, Lead, Barium, & Polyvinyl chloride. (Can have bad health effects on humans)
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What is the minimum amount of hazardous waste a company can generate a month without having to classify it as hazardous waste?
100 kgs (220lbs)
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What are 2 factors that can determine the success of recycling a product?
- 1. Whether or not there is a market for the recycled materials; and
- 2. The quality of the recycled materials.
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What is significant about Reverse Logistics in a Closed-Loop System?
Companies adopting this system collect their used products and either refurbish and resell, re-manufacture, or recycle them
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What is significant about Reverse Logistics in a Open-Loop System?
Companies using this system might assume responsibility for collecting and finding markets for their products, but do not use the recovered materials for themselves
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What are some External factors for successful Reverse Logistics implementation?
Legislation, Customer demand, Incentive
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What are some Internal factors for successful Reverse Logistics implementation?
- Environmental concerns
- Strategic cost/benefits
- Volume and quality of returns
- Resource
- Integration and coordination
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