module 1 - Essay Example

Only on StudentShare

Extract of sample
module 1

As opposed to the anticipatory model that relies heavily on forecasts and plans, the responsive model is dependent on the prevailing circumstances and conditions in the market. The reactive model gains popularity due to the changing taste and preferences of consumers. Consumers prefer customized goods and services that they keep ordering at undefined times. Therefore, it is difficult for a firm to make profits while relying on projections of the change patterns of the consumers. Based on market research, companies can identify existing gaps in the market and move swiftly to fill them. Therefore, a responsive model currently finds popularity in the contemporary world due to the dynamics of demand.
The rising variability in demand causes uncertainty in logistics and complication in the supply chains networks. Today, companies face longer lead times and substantial variability leading to increased costs of inventory as firms buffer their stocks. There is a challenge of communicating changes in demand to the transporters and suppliers, and this makes the management of costs even harder. Therefore, a consolidated view of transportation and logistics within the supply chain is imperative to adopting the right model in operation.
Manuj, I., Omar, A., & Pohlen, T. (2014). Inter-Organizational Learning in Supply Chains: A Focus on Logistics Service Providers and Their Customers. Journal of Business Logistics, n/a-n/a. ...
Download paper


Consequently, the alternating patterns of consumptions stimulate the implementation of various changes in the logistic processes. Due to the dynamics in the fast-paced…
Author : schambergerabdu

Related Essays

MHE503 Survey of Emergency and Disaster Mgt Module 1 Case
Tsunamis are undersea-bed earthquakes that create a great effect on the water above the surface. However, in the case of the Indian Ocean tsunami of 2004, there were no specific indications that something was already happening in the seabed. This is the reason why it was not that easy for the resort goers to immediately flee from the area towards a safer place. They were all caught in surprise when the water waves began splashing huge amounts of water to the sea shore killing hundreds of people who were just sitting and resting around the area. The waves were big and disastrous along with the...
4 pages (1004 words) Essay
MPH502 - Introduction to Public Health Module 1 - SLP
A research done on the rate of tuberculosis found that there was a rapid increase of 20% in the prevalence of tuberculosis in the United States from 1985 to 1992. HIV and Tuberculosis have also been found out to be related as it is seen in many cases that individuals have both HIV and tuberculosis together (Ferguson & Roads 2009; Robbins et al 2005). The most common reason for the occurrence of tuberculosis is over crowdedness and sanitary problems. It is a disease which is most prevalent in the lower class society as they are more susceptible to unhygienic living. The bacterium M.Tuberculosis...
2 pages (502 words) Essay
MPH503 - Infertility and Public Health Module 1 - SLP
ay, infertility is a global problem and “It is estimated that one in six couples face difficulties in conceiving” (Major causes of infertility, 2009, para.1).
2 pages (502 words) Essay
Reflection Paper: Module 1
It is useful in the creating and establishing a positive environment, where the organization, its competitors, markets and various stakeholders work collaboratively (Trevino & Nelson, 1995). The term also incorporates social investment, which is needed in order to get popularity, acknowledgment and trust by the public. In recent times, organizational responsibility has developed itself as a wider term. Research suggests that the development of a strong and robust social corporate strategy can assists in improving organizational productivity and increasing profitability (Trevino & Nelson,...
4 pages (1004 words) Essay
Project Management - Module 1:4
The project charter is written by senior management: it authorizes the project leader to proceed with the execution of a project. The charter provides project leaders with the broad authority over all the elements associate with a project. Owing to above stated role of project charter, the control of the project is handed over to the project manager to continue the execution of the project without further authorization from the top management.
3 pages (753 words) Coursework
Critical Issues Module 1 Paper
Jim Hill understood aspects of the merger between the two companies. It required an intervention for each company to realize that working together was best for the growth of both companies. As a leader and a manager, Jim experienced resentment from the other company as the Boston based company handled the marketing. Indifferences between the modes of operation caused a drift in the profits hence hindering the growth of the two companies. While the Boston based company was interested in maintaining the merger, Jill knew that it would hinder the progress and growth of Vanguard (Atrill & Mclaney,...
3 pages (753 words) Coursework
Module 1 Case NRF and NIMS
Therefore, the public information and warning and planning has been given priority since they facilitate protection of life before the initiation the actual incident.
3 pages (753 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!