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Quick Response Logistics

Author: Caroline Mutuku

Publisher: GRIN Verlag

Published: 2018-05-09

Total Pages: 6

ISBN-13: 3668699933

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Seminar paper from the year 2018 in the subject Business economics - Supply, Production, Logistics, grade: 1.6, , language: English, abstract: Quick Response Logistics is one of the most debated topics in logistics studies over the years because of its increasing role in reducing operational expenses. It is a supply chain management strategy that has been used by manufacturers, soft lines retailers, and general merchandise to minimize operating expenses, forced markdowns, and retail out-of-stocks all achieved by reduced response time. Most of the retailers and suppliers work together to respond quickly to the consumers needs as they are able to share point-of-scale scan data thus in a potential point to forecast the needs of their consumers now and in the future and more rapidly. Quick Response Logistics has proven advantageous in most of the industries across the globe for instance, in the apparel industries because they are able to achieve efficient consumer response. The concept of quick response logistics integrates inventory deployment, production scheduling, and demand management thus helping firms to make better use of the available information, inventory, and production resources for competitive advantage.

Book Synopsis Quick Response Logistics by : Caroline Mutuku

Download or read book Quick Response Logistics written by Caroline Mutuku and published by GRIN Verlag. This book was released on 2018-05-09 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2018 in the subject Business economics - Supply, Production, Logistics, grade: 1.6, , language: English, abstract: Quick Response Logistics is one of the most debated topics in logistics studies over the years because of its increasing role in reducing operational expenses. It is a supply chain management strategy that has been used by manufacturers, soft lines retailers, and general merchandise to minimize operating expenses, forced markdowns, and retail out-of-stocks all achieved by reduced response time. Most of the retailers and suppliers work together to respond quickly to the consumers needs as they are able to share point-of-scale scan data thus in a potential point to forecast the needs of their consumers now and in the future and more rapidly. Quick Response Logistics has proven advantageous in most of the industries across the globe for instance, in the apparel industries because they are able to achieve efficient consumer response. The concept of quick response logistics integrates inventory deployment, production scheduling, and demand management thus helping firms to make better use of the available information, inventory, and production resources for competitive advantage.

Innovative Quick Response Programs in Logistics and Supply Chain Management

Author: T. C. Edwin Cheng

Publisher: Springer Science & Business Media

Published: 2010-03-11

Total Pages: 470

ISBN-13: 3642043135

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Quick Response (QR) policy is a market-driven business strategy in which supply chain members work together to react quickly to volatile market demand. Nowadays, with advances in information technologies (such as RFID and ERP systems), new challenges and opportunities arise for the application of QR. This handbook explores QR extensively with a view to discovering innovative QR measures that can help tackle the observed and emerging challenges. The book is organized into four parts, which include chapters on analytical modeling and analyses, information technologies, cases, reviews, and applications. This handbook provides new analytical and empirical results with valuable insights, which will not only help supply chain agents to better understand the latest applications of QR in business, but also help practitioners and researchers to know how to improve the effectiveness of QR using innovative methods.

Book Synopsis Innovative Quick Response Programs in Logistics and Supply Chain Management by : T. C. Edwin Cheng

Download or read book Innovative Quick Response Programs in Logistics and Supply Chain Management written by T. C. Edwin Cheng and published by Springer Science & Business Media. This book was released on 2010-03-11 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quick Response (QR) policy is a market-driven business strategy in which supply chain members work together to react quickly to volatile market demand. Nowadays, with advances in information technologies (such as RFID and ERP systems), new challenges and opportunities arise for the application of QR. This handbook explores QR extensively with a view to discovering innovative QR measures that can help tackle the observed and emerging challenges. The book is organized into four parts, which include chapters on analytical modeling and analyses, information technologies, cases, reviews, and applications. This handbook provides new analytical and empirical results with valuable insights, which will not only help supply chain agents to better understand the latest applications of QR in business, but also help practitioners and researchers to know how to improve the effectiveness of QR using innovative methods.

Quick Response in the Supply Chain

Author: Eleni Hadjiconstantinou

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 196

ISBN-13: 3642599974

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Successful supply chain management is a source of competitive advantage in today's dynamic business environment. Relevant issues both at the strategic and operational levels of decision-making are considered in this book which provides the reader with an up-to-date analysis of the latest theoretical and practical trends in supply chain management. Using a variety of case-studies from different industry sectors, the book examines the various components of the supply chain, analyses the trade-offs that exist in achieving integration, and explores issues of organisation and implementation.

Book Synopsis Quick Response in the Supply Chain by : Eleni Hadjiconstantinou

Download or read book Quick Response in the Supply Chain written by Eleni Hadjiconstantinou and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Successful supply chain management is a source of competitive advantage in today's dynamic business environment. Relevant issues both at the strategic and operational levels of decision-making are considered in this book which provides the reader with an up-to-date analysis of the latest theoretical and practical trends in supply chain management. Using a variety of case-studies from different industry sectors, the book examines the various components of the supply chain, analyses the trade-offs that exist in achieving integration, and explores issues of organisation and implementation.

Quick Response

Author: Bob Lowson

Publisher: John Wiley & Sons

Published: 1999-08-03

Total Pages: 318

ISBN-13:

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The gap between demand for consumer goods and their efficient supply is greater now than at any other time, and is widening as consumers' wants become less predictable, and suppliers struggle to meet them. Quick Response (QR) is both a management paradigm and a methodology that allows supply systems to react quickly to changes while improving their performance. QR aims to help organize a business in the face of problems associated with the vast array of goods and services now to be found in consumer markets. It is particularly relevant to the Fast Moving Consumer Goods (FMCG) and Fashion industries. QR works by compressing the time between product or service design concept and appearance on the retail shelf. It then takes advantage of such recent technologies as Point of Sale (PoS) tracking and Electronic Data Interchange (EDI) to constantly up-date estimates of true consumer demand, and then places intelligent re-orders for goods with flexible manufacturers and their suppliers. One of the features of this book is the demonstration that the range of industries able to benefit from the application of QR methodologies is extremely wide. However, this apparent universality comes with a strong 'health warning'. By placing QR in a broad framework of management thinking, the book allows comparison with other paradigms and their off-shoots - partnerships and alliances, measurement and benchmarking, Information Systems Technology strategies, Total Quality Management, and change management. Belief systems such as World Class Manufacturing, Lean Production, Agile Manufacturing, Virtual Organization, Time-Based Competition, Supply Chain Management (SCM) and chaos theory, are also reviewed and contrasted. The book then quantifies the performance benefits that accrue from the application of QR using examples from the US and European industries as well as computer simulation. Lessons are also drawn from a wide variety of SMEs (Small and Medium sized Enterprises) who are using QR as a strategic tool, as well as those who have not yet adopted it. For the latter, there are recommendations for implementing QR. The future management and research directions required for full exploitation of QR are also explored in a separate section. The most important aspect of this book is that it concentrates on the practical, hands-on management of a supply pipeline as opposed to the generalized theories of Supply Chain Management.

Book Synopsis Quick Response by : Bob Lowson

Download or read book Quick Response written by Bob Lowson and published by John Wiley & Sons. This book was released on 1999-08-03 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The gap between demand for consumer goods and their efficient supply is greater now than at any other time, and is widening as consumers' wants become less predictable, and suppliers struggle to meet them. Quick Response (QR) is both a management paradigm and a methodology that allows supply systems to react quickly to changes while improving their performance. QR aims to help organize a business in the face of problems associated with the vast array of goods and services now to be found in consumer markets. It is particularly relevant to the Fast Moving Consumer Goods (FMCG) and Fashion industries. QR works by compressing the time between product or service design concept and appearance on the retail shelf. It then takes advantage of such recent technologies as Point of Sale (PoS) tracking and Electronic Data Interchange (EDI) to constantly up-date estimates of true consumer demand, and then places intelligent re-orders for goods with flexible manufacturers and their suppliers. One of the features of this book is the demonstration that the range of industries able to benefit from the application of QR methodologies is extremely wide. However, this apparent universality comes with a strong 'health warning'. By placing QR in a broad framework of management thinking, the book allows comparison with other paradigms and their off-shoots - partnerships and alliances, measurement and benchmarking, Information Systems Technology strategies, Total Quality Management, and change management. Belief systems such as World Class Manufacturing, Lean Production, Agile Manufacturing, Virtual Organization, Time-Based Competition, Supply Chain Management (SCM) and chaos theory, are also reviewed and contrasted. The book then quantifies the performance benefits that accrue from the application of QR using examples from the US and European industries as well as computer simulation. Lessons are also drawn from a wide variety of SMEs (Small and Medium sized Enterprises) who are using QR as a strategic tool, as well as those who have not yet adopted it. For the latter, there are recommendations for implementing QR. The future management and research directions required for full exploitation of QR are also explored in a separate section. The most important aspect of this book is that it concentrates on the practical, hands-on management of a supply pipeline as opposed to the generalized theories of Supply Chain Management.

Quick Response in the Supply Chain

Author: Eleni Hadjiconstantinou

Publisher:

Published: 1998-12-04

Total Pages: 204

ISBN-13: 9783642599989

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Book Synopsis Quick Response in the Supply Chain by : Eleni Hadjiconstantinou

Download or read book Quick Response in the Supply Chain written by Eleni Hadjiconstantinou and published by . This book was released on 1998-12-04 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Successful supply chain management is a source of competitive advantage in today's dynamic business environment. Relevant issues both at the strategic and operational levels of decision-making are considered in this book which provides the reader with an up-to-date analysis of the latest theoretical and practical trends in supply chain management. Using a variety of case-studies from different industry sectors, the book examines the various components of the supply chain, analyses the trade-offs that exist in achieving integration, and explores issues of organisation and implementation.

It's About Time

Author: Rajan Suri

Publisher: CRC Press

Published: 2010-03-31

Total Pages: 232

ISBN-13: 1439805962

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In the decade since the publication of Rajan Suri’s landmark book, Quick Response Manufacturing, the innovative principles of QRM have been proven with impressive results at many companies, big and small, in a variety of industries. While the key principles of QRM remain unchanged, after a decade of teaching QRM workshops to senior executives, Suri has developed a clear, concise, and accessible method of presenting QRM strategy using four core concepts: 1. The Power of Time – the huge impact time has on your entire enterprise 2. Organization Structure – how to structure your organization to reduce lead times 3. System Dynamics – understanding how interactions between jobs and resources impact time to make better decisions on capacity, lot sizes, and similar issues 4. Enterprise-Wide Application – QRM is not just a shop floor strategy, it extends across your whole enterprise including material planning and control, supply management, office operations, and new product introduction Presenting new case studies on QRM implementation, It's About Time: The Competitive Advantage of Quick Response Manufacturing illustrates how QRM can not only reduce lead times but also improve quality, reduce operating costs, and enable companies to gain substantial market share. This practical reference explains how factories in advanced nations can use QRM strategy to compete with manufacturers in low-wage countries. In addition, it provides helpful pointers for QRM implementation, including accounting strategies, novel cost-justification approaches, and a stepwise process for implementation. Also included are downloadable resources with five appendices that provide a number of practical details to assist in the success of your QRM implementation. When you are ready to start implementing QRM, you will find that these appendices contain time-saving tips to help you work through implementation issues¿including simple calculation methods and tools to support the design of your QRM strategy. You can also access these Appendices on the Downloads and updates tab on https://www.crcpress.com/9781439805961. The author, Rajan Suri, recently became one of only 10 people to be inducted into Industry Week's 2010 Manufacturing Hall of Fame.

Book Synopsis It's About Time by : Rajan Suri

Download or read book It's About Time written by Rajan Suri and published by CRC Press. This book was released on 2010-03-31 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the decade since the publication of Rajan Suri’s landmark book, Quick Response Manufacturing, the innovative principles of QRM have been proven with impressive results at many companies, big and small, in a variety of industries. While the key principles of QRM remain unchanged, after a decade of teaching QRM workshops to senior executives, Suri has developed a clear, concise, and accessible method of presenting QRM strategy using four core concepts: 1. The Power of Time – the huge impact time has on your entire enterprise 2. Organization Structure – how to structure your organization to reduce lead times 3. System Dynamics – understanding how interactions between jobs and resources impact time to make better decisions on capacity, lot sizes, and similar issues 4. Enterprise-Wide Application – QRM is not just a shop floor strategy, it extends across your whole enterprise including material planning and control, supply management, office operations, and new product introduction Presenting new case studies on QRM implementation, It's About Time: The Competitive Advantage of Quick Response Manufacturing illustrates how QRM can not only reduce lead times but also improve quality, reduce operating costs, and enable companies to gain substantial market share. This practical reference explains how factories in advanced nations can use QRM strategy to compete with manufacturers in low-wage countries. In addition, it provides helpful pointers for QRM implementation, including accounting strategies, novel cost-justification approaches, and a stepwise process for implementation. Also included are downloadable resources with five appendices that provide a number of practical details to assist in the success of your QRM implementation. When you are ready to start implementing QRM, you will find that these appendices contain time-saving tips to help you work through implementation issues¿including simple calculation methods and tools to support the design of your QRM strategy. You can also access these Appendices on the Downloads and updates tab on https://www.crcpress.com/9781439805961. The author, Rajan Suri, recently became one of only 10 people to be inducted into Industry Week's 2010 Manufacturing Hall of Fame.

Logistics and Supply Chain Management ePub eBook

Author: Martin Christopher

Publisher: Pearson UK

Published: 2013-07-25

Total Pages: 273

ISBN-13: 0273760017

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Effective development and management of a supply chain network is an invaluable source of sustainable advantage in today’s turbulent global marketplace, where demand is difficult to predict and supply chains need to be more flexible as a result. This updated 4th edition of the bestselling Logistics and Supply Chain Management is a clear-headed guide to all the key topics in an integrated approach to supply chains, including: • The link between logistics and customer value. • Logistics and the bottom line measuring costs and performance. • Creating a responsive supply chain. • Managing the global pipeline. • Managing supply chain relationships. • Managing risk in the supply chain. • Matching supply and demand. • Creating a sustainable supply chain. • Product design in the supply chain.

Book Synopsis Logistics and Supply Chain Management ePub eBook by : Martin Christopher

Download or read book Logistics and Supply Chain Management ePub eBook written by Martin Christopher and published by Pearson UK. This book was released on 2013-07-25 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective development and management of a supply chain network is an invaluable source of sustainable advantage in today’s turbulent global marketplace, where demand is difficult to predict and supply chains need to be more flexible as a result. This updated 4th edition of the bestselling Logistics and Supply Chain Management is a clear-headed guide to all the key topics in an integrated approach to supply chains, including: • The link between logistics and customer value. • Logistics and the bottom line measuring costs and performance. • Creating a responsive supply chain. • Managing the global pipeline. • Managing supply chain relationships. • Managing risk in the supply chain. • Matching supply and demand. • Creating a sustainable supply chain. • Product design in the supply chain.

The Impact of the Retailing Industry's EDI-based Quick Response Systems on Vendor Logistics Operations

Author: Jiro Kokuryo

Publisher:

Published: 1992

Total Pages: 382

ISBN-13:

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Book Synopsis The Impact of the Retailing Industry's EDI-based Quick Response Systems on Vendor Logistics Operations by : Jiro Kokuryo

Download or read book The Impact of the Retailing Industry's EDI-based Quick Response Systems on Vendor Logistics Operations written by Jiro Kokuryo and published by . This book was released on 1992 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Supply Chain and Logistics Management Made Easy

Author: Paul Myerson

Publisher: Pearson Education

Published: 2015

Total Pages: 353

ISBN-13: 0133993345

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This easy guide introduces the modern field of supply chain and logistics management, explains why it is central to business success, shows how its pieces fit together, and presents best practices you can use wherever you work. Myerson explains key concepts, tools, and applications in clear, simple language, with intuitive examples that make sense to any student or professional.

Book Synopsis Supply Chain and Logistics Management Made Easy by : Paul Myerson

Download or read book Supply Chain and Logistics Management Made Easy written by Paul Myerson and published by Pearson Education. This book was released on 2015 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This easy guide introduces the modern field of supply chain and logistics management, explains why it is central to business success, shows how its pieces fit together, and presents best practices you can use wherever you work. Myerson explains key concepts, tools, and applications in clear, simple language, with intuitive examples that make sense to any student or professional.

Handbook of Research on Technology Applications for Effective Customer Engagement

Author: Mohd Suki, Norazah

Publisher: IGI Global

Published: 2020-09-04

Total Pages: 391

ISBN-13: 179984773X

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In the challenging digital economy, bridging the gap between the external stakeholder and business entities through effective applications of technology carries more importance than ever before. By building a strong online presence and maintaining a long-lasting relationship with valuable customers through high-quality customer experience, companies continue to thrive during this digital age. The Handbook of Research on Technology Applications for Effective Customer Engagement is a pivotal reference source that provides vital research on the utilization of the best research practices for consumer satisfaction and loyalty. While highlighting topics such as target marketing, consumer behavior, and brand equity, this publication explores the applications of modern technology in marketing as well as recent business activities of international companies. This book is ideally designed for business professionals, practitioners, marketers, advertisers, brand managers, retailers, managers, academics, researchers, and graduate-level students.

Book Synopsis Handbook of Research on Technology Applications for Effective Customer Engagement by : Mohd Suki, Norazah

Download or read book Handbook of Research on Technology Applications for Effective Customer Engagement written by Mohd Suki, Norazah and published by IGI Global. This book was released on 2020-09-04 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the challenging digital economy, bridging the gap between the external stakeholder and business entities through effective applications of technology carries more importance than ever before. By building a strong online presence and maintaining a long-lasting relationship with valuable customers through high-quality customer experience, companies continue to thrive during this digital age. The Handbook of Research on Technology Applications for Effective Customer Engagement is a pivotal reference source that provides vital research on the utilization of the best research practices for consumer satisfaction and loyalty. While highlighting topics such as target marketing, consumer behavior, and brand equity, this publication explores the applications of modern technology in marketing as well as recent business activities of international companies. This book is ideally designed for business professionals, practitioners, marketers, advertisers, brand managers, retailers, managers, academics, researchers, and graduate-level students.