REGAL MARINE: Supply Chain Management

Slides:



Advertisements
Similar presentations
DPS 304 : Purchasing /Procurement Activities
Advertisements

REVERSE LOGISTICS PROBLEM
Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Enterprise Resource Planning MPC 6 th Edition Chapter 1a.
Introduction to Supply Chain Management
Business-Level Strategy: How do we compete? Business-Level Strategy: How do we compete?
SM0374 Strategic Management and Leadership Lecture 7: Strategic Capabilities 3.
Green Supply Chain Management. Introduction u Background u Product Life Cycle u Supply Chain Management u Industry Practices u The Future u Conclusions.
Supply Chain Relationships Chapter 15. Systems Approach to Supply Chain Supplier Manufacturer Distributor RetailerCustomer Upstream Downstream Information.
Building Competitive Advantage Through Business-Level Strategy
IT Outsourcing Advantages Labor Low Cost Definition/Overview Try & expenditures by 30% Competitive Advantage Trends Core competencies Gov’t outsourcing.
Operations Strategy for Competitive Advantage Chapter 2.
Managing the Information Technology Resource Jerry N. Luftman
1 Supply Chain Management Supplemental to Chapter 6 Partnership (TEC5133)
Materials Management BUS 3 – 141 Quality and Specification Leveraging Technical Excellence Week of Aug 31, 2010.
Operations Management
Supply Chain Management
September 2001Ch 11: Collaborative Commerce1 Collaborative Commerce  Questions answered in this chapter: –What is collaborative commerce? –What is buy-side.
Business Level Strategy
Going Global: Meeting the Demands of an International Industry March 21, 2009 Nate Herman American Apparel & Footwear Association.
Production Systems Chapter 9.
Section 4 part 2.  The Magnitude  In 1998, American companies spent $898 billion in supply chain related activities (or 10.6% of Gross Domestic Product)
Strategy and Cost Management
Supply Chain Management
Supply chain management in Regal Marine
Chamber of Shipping DRIVING ECONOMIC RESEARCH ON THE UK MARITIME ECONOMY.
Process Improvement at Home Depot
Hospitality Services Group COOPERATIVE PURCHASING SINCE 1989.
Copyright 2006 John Wiley & Sons, Inc. Beni Asllani University of Tennessee at Chattanooga Supply Chain Management, Strategy, Design and Global Supply.
Purchasing: Outline l The Players »The market »The government –agencies –laws »The buyer l The Process »Types of purchasing »Methods of purchasing l The.
Operations Management Supply Chain Management
© 2010 Premier, Inc. 9/8/ NAVIGATING THE DRUG SHORTAGE CRISIS IN AMERICAN HEALTHCARE Coleen A. Cherici, RPh, MBA Director of Pharmacy Consulting.
International MIS International Dimension. ID-2 Study Questions Q1: How does the global economy impact organizations and processes? Q2: What are the characteristics.
Chapter 13 Research and Metrics McGraw-Hill/Irwin Purchasing and Supply Management, 13/e © 2006 The McGraw-Hill Companies, Inc., All Rights Reserved.
Collaborative Environmental Procurement Strategies May 24, 2006 Pamela Brody-Heine Eco Stewardship Strategies Zero Waste Alliance.
Introduction to Materials Management
CHAPTER 2 Supply Chain Management. SCM (CSCMP Definition) The integration of key business processes from end user through original suppliers, that provides.
Inventory/Purchasing Questions
© 2014 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
WHAT IS THE FORUM? THE BOARD OF DIRECTORS RETAILER COLLEGE 4.
CHAPTER 2 Supply Chain Management. Logistics –deals with the management of material, service and information flow across the SC SCM –formerly, integrating.
CHAPTER 4: Procurement.
SOCIAL BUSINESS PLAN. SOCIAL BUSINESS  Social enterprise is a business that trades for a social purpose. The social aims of the business are of equal.
INTRODUCTION TO RETAIL BUYING. Definition “that function responsible for obtaining by purchase, lease or other legal means, equipment, materials, supplies.
MIS09/12/97Ch 18: Turban, McLean, Wetherbe09/12/97 1 Information Systems in the Organization Basic IT Organizational Structure.
1 POINT 2 POINTS 3 POINTS 4 POINTS 5 POINTS Choc. Creme 1 POINT 4 POINTS 3 POINTS 2 POINTS2 POINTS 3 POINTS 2 POINTS 5 POINTS 2 POINTS 3 POINTS 4.
WHAT IS THE GC3? The Green Chemistry and Commerce Council (GC3) is a project of the Chemical Policy & Science Initiative at the Lowell Center for Sustainable.
Chapter Five Building Competitive Advantage Through Business- Level Strategy.
Dynamic Knowledge Model for Cluster Development N. Chakpitak & A. Tamprasirt, T. Chandarasupsang, N. Harnpornchai.
PUSH, PULL AND PUSH-PULL SYSTEMS, BULLWHIP EFFECT AND 3PL
Chapter 7 Enterprise Resource Planning (ERP). Objectives After studying the chapter, students should be able to.. Explain definition of Enterprise Resource.
Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 5.
1 Production Operations Management Supply Chain Management U. Akinc Supply Chain Management U. Akinc.
Chapter 4 Learning an Industry. Copyright © Houghton Mifflin Company4-2 Overview Industry life cycle Industry structure The environment of the industry.
1 The External Environment 2 The External Environment.
Chapter 7 Supply Management. Chapter Objectives Be able to:  Discuss the rise of global sourcing and the important financial and operational performance.
Industry Day DoD Parts Management Reengineering LMI McLean, VA May 8, 2007 Parts Standardization and Management Committee (PSMC )
Industry Perspective of Section 508 John Godfrey (202) Information Technology Industry Council NIST Accessibility May.
INTRODUCTION TO SUPPLY CHAIN MANAGEMENT. What is a Supply Chain? A supply chain consists of the flow of products and services from: Raw materials manufacturers.
Founded in 2005 by four directors from the Automation and Control Industry Applied Integration UK are an independent, Stokesley based solutions provider.
Chapter 9 Value Chain Management. MGMT 321 – Chapter 9 Four Ways to Create a Competitive Advantage.
Process Improvement Phases
Figure 1. Current Threat Landscape Sentiment From: ESG Research Report: Cyber Supply Chain Security Revisited. Source: Enterprise Strategy Group, 2015.
Figure 1. Current Threat Landscape Sentiment
BP – Project Planning (F)
The Role of the Electronic Marketplace in Industrial Distribution
Marketing Channels Delivering Customer Value
Trace for Food Industry Traceall. Track your products... one step back: The ability to accurately and quickly identify where your raw materials came.
Introduction to Design Process in Regal Marine
Inter company relations and purchasing policy
Information Systems & Business Strategy
Presentation transcript:

REGAL MARINE: Supply Chain Management

Why is Supply Chain Management Important to Regal competes in a multibillion dollar industry Need to differentiate its products. Differentiation through quality, innovation, unique features, up to date technology, responsiveness Final product quality is bound to suppliers’ products used. Huge portion of revenue spent on purchases.

Goals To focus on improving the quality, safety, value, and environmental impact of our products To share knowledge and best practices among our members To promote cost-effective solutions and other mandated policies and guidelines To provide a member forum for the consideration of issues that affect the Marine Industry To provide a member interface with other industry organizations for improving the Marine Industry

Supply Chain Issues Partner with upstream suppliers of direct materials and components Suppliers are involved into the product design process A number of local vendors supply hardware and fasteners to the assembly line in JIT Regal works with an Orlando personnel agency to outsource part of recruiting & screening. Participation with other boat manufacturers in a buying group called the American Boat Builders Association

Results of Effective Supply Chain Management reduced daily on hand inventory to 22 days inventory turnover of 16.8 times/year constantly updating their suppliers discuss material innovations with suppliers eliminated 40 non-value added man hours all because of effective supply chain management Through economies of scale in procurement, Regal is able to navigate against billion dolar competitor Brunswick.

Additional information http://www.snc.edu/socsci/chair/333/bricks/Location.html http://209.85.135.104/search?q=cache:hFR1j17Xn_8J:www.coba.unt.edu/acct/cost12ism/cost12ism_20.pdf+%22regal+marine+supply+chain+management&hl=es&ct=clnk&cd=2&gl=at