Swot Analysis Supply Chain Management Essay - 1302 Words

Supply chain management is an astronomical part to doing any sort of business. This is how all functions within a business need to act together to produce the best product or service possible for customers all over the world. When running a business there are many competitors, regardless what product or service is being produced. Businesses can gain competitive advantages through operations because they need to differentiate themselves from other businesses. They can achieve this through strategic planning. All businesses need to focus on the core competencies of their company. If they don’t they will not run efficiently or effectively. Core competencies can be discovered by using a SWOT analysis to determine the strengths and weaknesses of that specific company. Each company should determine its core competencies and determine the most cost effective and least time consuming ways using their competencies. Companies can outsource some material to save time and money, but compa nies get what they pay/invest for when it comes to outsourcing. That is why going global is a critical task for a company that is looking to grow. A Global View of Operations and Supply Chains The term â€Å"Supply Chain Management† is a business model that takes a process-based view of how all of a business’ functions need to work together. Supply Chain Management is a way for business’ to relate to their suppliers and customers. In an interview by Darilyn Kane, she interviewed Douglas Lambert, theShow MoreRelatedImpact Of E Commerce On Global Economy1352 Words   |  6 Pagesleaders across the industry are developing new strategies to adopt new technologies like, internet, wireless mobile devices, and social media to conduct business with increased market reach and efficiency to improve market share and profitability. 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Lastly, this paper will identify the steps used to developing a forecasting system and also supply chain risk and associated risk reduction tactics inRead MoreSupply Chain Sustainability ( Scs )1505 Words   |  7 PagesSYNOPSI S This report focuses on the importance of supply chain sustainability (SCS) and the what are the benefits the sustainable supply chain can bring to the relevant stakeholders. The final section of the report illustrates how to developing and implementing a sustainable supply chain strategy in business environment. The examples of Starbucks and IKEA as the sustainable supply chain organizations are used to support the sustainable view in this report. There also are some other examples usedRead MoreSwot Analysis Of Boeing1500 Words   |  6 Pagesaircraft (Lamba and Elahi, 2012). Since the year 2008, the cost of manufacturing 787 had been increased by 120% as compared to the original budget. This resulted in the delivery schedule of 787 seven times by Boeing. 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For Starbucks to keep up with a competitive advantageRead MoreSmartphone Industry and Apples Iphone Analysis1350 Words   |  6 Pages890: Strategic Management (Communication Equipment Industry) ------------------ Group #10: 2.Binh Thieu 3.Lan Phan 4.Minh Thu Luu 5.Tung Duong What is the one item you never leave home without? Outline Industry Analysis Why? Driving Forces Dominant Features Five Forces Strategy Group Map Key Success Factors Company Analysis Overview Value Chain Analysis SWOT Analysis Competencies Business Analysis Competitive Strategy Recommen dations Outline Industry Analysis Why? Driving Forces Read MoreMarketing Plan For Whole Foods Essay1319 Words   |  6 Pagespaper is to offer recommendations to increase efficiencies in the fresh produce supply chain to bring about cost reductions in order to overcome low-priced organic foods competitors. Whole Foods Market SWOT Analysis The Whole Foods sells a wide assortment of natural products with a prominent selection of organic perishable items. Low-priced competitors have been eroding Whole Foods market share recently. A SWOT analysis is the appropriate a tool to identify and reduce threats, concentrate on operational

Analysis And Interpretation Of Financial Statements Essay

1 Introduction According to the American Institute of Certified Public Accountants, financial statements reflect â€Å"a combination of recorded facts, accounting conventions and personal judgements and the judgements and conventions applied affect them materially.† This implies that data exhibited in the financial statements are affected by recorded facts, accounting conventions and personal judgements. (Maheshwari, 1998) Ratio analysis is one of the powerful techniques which are widely used for interpreting financial statements. This technique serves as a tool for measuring the financial soundness of the business. It can be used to compare the risk and return relationship of firms of different sizes. The term ratio refers to the numerical or quantitative relationship between two variables. Ratio analysis is the process of identifying the financial strength and weakness of the enterprise as well as its historical performance and current financial condition can be determined. (Tulsian, 2012) Thus the financial statements will provide a summarized view of the firm. Statement of problem Analysis and interpretation of financial statement of the firm is a regular exercise to review the performance of the company. It was proposed to conduct a review to study the short term prospects as well as the long term trends and to arrive at the conclusion on the performance of the company. Performance review resulting in taking corrective action optimizes the performance in theShow MoreRelatedRatio Analysis : Analysis And Interpretation Of Financial Statements1490 Words   |  6 PagesRatio analysis is used to describe the important relationship that lies between figures based on line items in financial statements like the balance sheet, profit and loss account, and a budgetary control organization. Ratio analysis is a technique of analysis and interpretation of financial statements. 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Kesava Menon, the prominent freedom fighter, as Editor and K. Madhavan Nair as Managing Director of it.In the beginning, the paper was published a week and had just one edition from Kozhikode (Calicut).Now with fourteen editions, includingRead MoreIntermediate Accounting I Week 11364 Words   |  6 Pagesï » ¿Chapter 1 CA1-1 (FASB and Standard-Setting)  Presented below are four statements which you are to identify as true or false. If false, explain why the statement is false. 1.  GAAP is the term used to indicate the whole body of FASB authoritative literature. 2.  Any company claiming compliance with GAAP must comply with most standards and interpretations but does not have to follow the disclosure requirements. 3.  The primary governmental body that has influence over the FASB is the SEC. 4.  The

Physical and Chemical Changes Free Essays

Apparatus and Material: evaporating dish, Bunsen burner, wood splint, test tubes, micro spatula, dropper, mortar and pestle, test tube holder, safety goggles, lab apron. Piece of paper, NaCl (sodium chloride), water, 6 M HCL (hydrochloric acid), 0. We will write a custom essay sample on Physical and Chemical Changes or any similar topic only for you Order Now 1 M AgNO3 (silver nitrate), Mg ribbon, 6 M HCL (hydrochloric acid), CuSO4 5 H2O, 0. 50g iron fillings, 0. 50g of powdered sulfur, magnet, copper sulfate solution, zinc metal Safety: When heating a substance in a test tube, be sure the open end of the test tube points away from yourself and others. Handle all acids with extra caution. Always wear safety goggles when handling acids. Report all acid spills to your teacher, and flush with cold water and a dilute solution of sodium bicarbonate. Give heated glass ample time to cool before handling it. Glass retains heat. Wear your lab apron and safety goggles at all times during the lab. Procedure: 1. Tear a piece of paper (about 5cm x 10cm) into small pieces. Set an evaporating dish on an insulating square and place the pieces of paper on the glass. Ignite the paper with a mater and allow to burn. 2. Add a micro spatula scoop of NaCl (sodium chloride) to 5 mL of water in a test tube. Shake the contents of the tube. Next, use a dropper to add 10 drops of 0. 1 M AgNO3 (silver nitrate) to the NaCl water. 3. Obtain a piece of magnesium ribbon about 5 cm long from your teacher. Place the ribbon into a test tube and add a few drops of 6 M HCL (hydrochloric acid). Touch the bottom of the test tube and record your observations. Invert another test tube above the mixture to collect any gas that may form. Using a lighted splint, test for the presence of hydrogen gas. Record your observations. 4. Use a mortar and pestle to grind several crystals of CuSO4 5 H2O into a uniform powder. Place one micro spatula of the powder into a test tube. Heat gently over the burner flame until the color changes. Allow the sample to cool and then a few drops of water. Record your observations. 5. Using a lab balance, measure out the following samples: 0. 50g iron fillings and 0. 50g of powdered sulfur. Mix the two samples thoroughly in a test tube. Run a magnet along the outside of the test tube. Record your observations. 7. Add 5mL of copper sulfate solution to a test tube. Add a piece of zinc metal and watch for 5 minutes. Record your observations. Observations and data: 1. The paper appears white, odorless, thin, two-dimensional, and very smooth; length – 5. cmx10. 0cm. When lighted, the pieces of paper change from white to dark brown, then to black; the paper also shrinks as it shrivels up. An energy release (exothermic reaction) takes place as the burning material releases heat. After the paper turns black the fire goes off, leading to gas emission and a burning smell. The burned paper appears to be light-grey, cool and ex tremely soft at touch; in fact, it turns into ash immediately after contact. 2. Sodium chloride is a white crystallized solid, small and rough. Sodium chloride seemingly disappears when added to water, dissolving in it. Addition of colorless AgNO3 to the NaCl water solution produces a white, milky precipitate that has higher viscosity than water. When exposed to sunlight, the solution separates into 2 parts with the silver precipitate on the bottom and a purple-grayish substance on top. The latter gradually changed from silver to purple, then to dark-grey with a purple tint. 3. Magnesium ribbon is a light-silver, small (length – 5cm) and shiny solid with a very light mass. Addition of hydrochloric acid to the magnesium ribbon resulted in an exothermic reaction – it rapidly released heat, making the tube extremely hot, and created white foam with fizzing. The magnesium ribbon partially dissolved. The presence of hydrogen gas as the product of the reaction was confirmed when a lighted splint, when submerged into the gas, made a loud popping sound. 4. CuSO4 5H2O crystals are small turquoise solids; when grinded, it is a light-blue powder. Heated crystals change color from blue to white; water vapor forms on the walls of the test tube. Addition of water turns the heated crystals from white back to dark-blue, almost teal color. 5. Sulfur appears as yellow powder; iron is dark-brown powder; mixed together, they look like dirt. Iron becomes attracted to the magnet, following it if it’s close enough; sulfur does not. Magnet can be used to separate the two mixtures. 6. On heating the iron-sulfur mixture, the sulfur melts and reacts with the iron exothermically to first evaporate into a yellow gas, then form a reddish-orange, solidified substance that â€Å"glows†. The substance releases an unpleasant odor of rotten eggs. The iron on the bottom turns black and does not react with a magnet. The glowing substance turns out to be a soft solid when probed. 7. Zinc is a silver solid with a light mass. Addition of zinc metal to copper sulfate solution results in an exothermic reaction that produces a brown-reddish precipitate (copper). Zinc becomes coated with the copper precipitate, thus becoming dark. Conclusions and data: 1. a) tearing paper – physical change; retaining of properties, no new substances created b) burning paper – chemical change, gas and heat given off (evidence of chemical reaction) c) dissolving NaCl – physical change; solution formed, but individual properties retained; separation possible by distillation. ) mixing NaCl and AgNO3 – chemical change; white precipitate, or new substance, is formed e) tearing Mg ribbon – physical change; retaining of properties, no new substances created f) adding HCL to Mg – chemical reaction; exothermic reaction by release of heat, which is evidence of a chemical reaction. g) grinding CuSO4 H2O – physical change; ground crystals retain their properties and molecular arrangement. h) heating CuSO4 H2O – physical change; evaporation of water is a change of state (phys. rop. ) i) mixing Fe and S – physical change; no new properties are formed. j) heating a mixture of Fe and S – chemical reaction; new substance is formed that has different properties from that of iron (no reaction to magnet). 2. Giving off of heat and formation of gases is an indicate that a chemical reaction occurred. Some examples are a reaction of Mg and hydrochloric acid (giving off heat and production of H2), and the burning of paper (production of CO2 gas and heat release). 3. New substances in the burning of paper are gases (CO2) and water (H2O). NaCl and AgNO3 produce a silver precipitate, or new substance (NaNO3 + AgCl). HCL and Magnesium produce MgCl and hydrogen gas. Iron-sulfur mixture produce an orange-red glowing substance and black iron sulfide on the bottom. Copper sulfate and zinc react to produce a dark-red copper precipitate. 4. a) Change of color resulted in heating of CuSO4 5H2O crystals, but it only resulted in evaporation of water and didn’t change the chemical composition of crystals. ) tearing of paper resulted in its mass loss, but it retained its original properties c. ) NaCl seemingly â€Å"disappeared† when mixed with water; the salt dissolved, but two compounds retained their chemical properties and could be separated by distillation. 5. Substances in a mixture can be separated by magnetic separation; substances in a compound can be separated by distillation. Magnetic separation separated the iron-sulfur mixture. Di stillation of CuSO4 5H2O separated the compound by evaporating the water. How to cite Physical and Chemical Changes, Papers