Tuesday, October 8, 2019
Supply Chains Assignment Example | Topics and Well Written Essays - 1000 words
Supply Chains - Assignment Example 1. Suppliers. The suppliers deliver the raw materials needed to produce the finished goods. Without the suppliers, the company cannot produce the products needed by the customers. Without the products manufactured, the company cannot make a sale. Without a sale, the company cannot generate cash inflows to defray the operating and marketing expenses needed by the company. Without the profit, the company will have to close shop because of bankruptcy. 2. Manufacturing. The company applies human labor and other factory overhead expenses to convert the raw materials into finished goods. The manufacturing process includes the work in process beginning inventory, raw materials purchased during the month, and raw materials remaining during the end of the accounting period. 3. Warehousing and delivery to clients. The company stores the finished goods in its major warehouses in each city, community, or state. The warehouses are responsible for delivering the goods to the companyââ¬â¢s display centers and stores. The stores are the delivery points where clients can purchase their needs, wants, and caprices. 4. Intermediaries (Agents). Some companies sell their goods and service through intermediaries. Intermediaries include the department stores, grocery outlets, hardware and construction stores, movie theatre stores, office stores, school stores, and community stores. 5. Transport organizations. The airline companies deliver the finished goods to the display centers, warehouses, and delivery the raw materials from the suppliers to companyââ¬â¢s production facilities. The trucking companies deliver the companyââ¬â¢s goods and services to different cities, communities, and suburbs within the United States. 3. Warehousing and delivery to clientsââ¬â¢ display centers. The warehouse may not have enough stocks ready for delivery to the clientsââ¬â¢ display centers. The customers may unexpectedly arrive at a computer shop only to find the store is still waiting for the
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