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Lenovo Group Limited, trading as Lenovo (/ l ə ˈ n oʊ v oʊ / lə-NOH-voh, Chinese: 联想; pinyin: Liánxiǎng; Wade–Giles: Lien-hsiang), is a Chinese [9] multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, converged and hyperconverged infrastructure solutions, and related services. [5]
This stability and coordination allows to reduce the bullwhip effect, [14] as the manufacturer has a clearer visibility on the supply chain and an overview of the incoming demand. [15] On the retailer’s side, all the costs associated with inventory management, (holding costs, shortage costs, spoilage costs, etc.) are greatly reduced.
As of November 2014, Lenovo and Motorola were discussing how to use Lenovo's factories to manufacture some of its phones. This would help reduce costs by allowing Motorola to use Lenovo's well-developed supply chain to cut costs for components such as camera modules. This in turn could allow Motorola to enhance its products without raising prices.
Value-stream mapping has supporting methods that are often used in lean environments to analyze and design flows at the system level (across multiple processes).. Although value-stream mapping is often associated with manufacturing, it is also used in logistics, supply chain, service related industries, healthcare, [5] [6] software development, [7] [8] product development, [9] project ...
Example of a supply-chain network. A supply-chain network (SCN) is an evolution of the basic supply chain.Due to rapid technological advancement, organizations with a basic supply chain can develop this chain into a more complex structure involving a higher level of interdependence and connectivity between more organizations, this constitutes a supply-chain network.
From a common strategy, the supply-chain scorecard (SCS) maps cross-company measures. Brewer and Speh note that focusing on the supply chain requires four perspectives: [6] Financial benefits; Supply chain-management (SCM) goals; SCM improvement; End customer benefits; Independent of perspective, each should include internal and cross-company ...
Although blockchain won't eliminate the need for trust, EY says, the ledger tech could give retailers more clarity on where disruptions occur.
Rapid technology development can increase integration difficulties and further increase costs. The requirement of different business skills venturing into new portions of the supply chain can be challenging for the firm. [9] Another problem that may stem from vertical integration is the collapse of goals among the various firms in a supply chain.