This topic contains a solution. Click here to go to the answer

Author Question: Companies in a particular supply chain can work together to eliminate costs from the supply chain. ... (Read 424 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
Companies in a particular supply chain can work together to eliminate costs from the supply chain. In many cases, these cost savings are not shared evenly among the companies in the supply chain. Using research resources on the Web or in your library, identify an industry in which savings are not shared equally. In two or three paragraphs, explain why some supply chain participants in your chosen industry can obtain more benefit than others from cost reductions in the supply chain.

Question 2

A number of standard-setting organizations offer memberships to business firms. You are working for Grace Henry, chief information officer (CIO) of Flex-Electric, a midsize company that manufactures components for electronic medical and laboratory instruments. Flex-Electric uses EDI to process transactions with both its vendors (purchases) and customers (sales). The company is also exploring ways in which it might use RFID tags to track its inventories. Grace asks you to learn more about the international supply chain standard setting organization, GS1. Prepare a memo to Grace of about 300 words in which you outline the purposes of the organization and identify how it might be useful to Flex-Electric. In your memo, identify at least one other standard-setting organization that might be useful to Flex-Electrics RFID tag initiative.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

One industry worth considering is the soft drink industry. PepsiCo, for example, realized energy savings opportunities of approximately 60 million after it implemented a carbon management strategy and used a proprietary energy assessment tool. The company then set out to engage and educate suppliers about the opportunities that exist if they followed suit.

Answer to Question 2

Areas in which the organization is active include:


  • GS1 BarCode: GS1builds and maintains barcode standards.

  • GS1 DataBar: The new version of the GS1 BarCode

  • GS1 Healthcare group: Brings together hospitals, pharmaceutical companies, medical device manufacturers, and transporter

  • Counterfeiting: Work has begun on an early warning system to prevent the public from coming into contact with counterfeit medical product

  • Food safety: GS1 standards make traceability systems possible, on a global scale.





ghost!

  • Member
  • Posts: 560
Reply 2 on: Jul 7, 2018
Wow, this really help


AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

For a complete list of videos, visit our video library