Basic Philosophy of Supply Chain Management(Sony)

Abstract This paper describes the basic philosophy to supply chain management in order to develop and implement comprehensive supply chain strategies for Sony Corporation in global operation. Sony is committed to fulfilling its responsibility to society as a corporate citizen, including managing its supply chain in a responsible manner. To achieve this goal, Sony is working with its business partners, suppliers and subcontractors to help ensure that they adhere to the same high standards as Sony in the areas of human rights, labor conditions, health and safety, and environmental protection. After an overview of supply chain management, strategy and issues, a supply chain design decomposition is presented. It separates objectives and†¦show more content†¦After the items have been completed and tested, they are stored back in the warehouse prior to delivery to the customer. * Transportation: When the finished product arrives in the warehouse, the shipping department determines the most efficient method to ship the products so that they are delivered on or before the date specified by the customer. When the goods are received by the customer, the company will send an invoice for the delivered products. OBJECTIVE OF SUPPLY CHAIN MANAGEMENT The objective of every supply chain is to maximize the overall value generated. The value a supply chain generates is the difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer’s request. For most commercial supply chains, value will be strongly correlated with supply chain profitability, the difference between the revenue generated from the customer and the overall cost across the supply chain. For example, a customer purchasing a computer from Dell pays $2,000, which represents the revenue the supply chain receives. Dell and other stages of the supply chain incur costs to convey information, produce components, store them, transport them, transfer funds, and so on. The difference between the $2,000 that the customer paid and the sum of all costs incurred by the supply chain to produce and distribute the computer represents the supply chain profitability. Supply chainShow MoreRelatedBasic Philoso phy of Supply Chain Management(Sony)4960 Words   |  20 Pagespaper describes the basic philosophy to supply chain management in order to develop and implement comprehensive supply chain strategies for Sony Corporation in global operation. Sony is committed to fulfilling its responsibility to society as a corporate citizen, including managing its supply chain in a responsible manner. To achieve this goal, Sony is working with its business partners, suppliers and subcontractors to help ensure that they adhere to the same high standards as Sony in the areas of humanRead MoreSony Corporation ( Sony )3760 Words   |  16 PagesOverview Sony Corporation (Sony), incorporated on May 7, 1946, is engaged in the development, design, manufacture, and sale of various kinds of electronic equipment, instruments, and devices for consumer, professional and industrial markets, as well as game consoles and software. Sony’s primary manufacturing facilities are located in Japan, Europe, and Asia. Sony also utilizes third-party contract manufacturers for certain products. 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Introduction Operations management is based Basic Philosophy of Supply Chain Management(Sony) Abstract This paper describes the basic philosophy to supply chain management in order to develop and implement comprehensive supply chain strategies for Sony Corporation in global operation. Sony is committed to fulfilling its responsibility to society as a corporate citizen, including managing its supply chain in a responsible manner. To achieve this goal, Sony is working with its business partners, suppliers and subcontractors to help ensure that they adhere to the same high standards as Sony in the areas of human rights, labor conditions, health and safety, and environmental protection. After an overview of supply chain management, strategy and issues, a supply chain design decomposition is presented. It separates objectives and†¦show more content†¦Here are some of the benefits provided by SCM: * Purchasing SCM offers an advantage of making it easier for companies to manage all aspects of purchasing and production. Companies using this system develop a set of metrics to monitor the supply of goods. This metric system promotes purchasing raw products both in an efficient manner and in a way that customers receive high quality in goods produced. * Collaboration SCM develops a chain of businesses to work with. This group of interconnected businesses works together for one main goal: to provide customers with the goods and services they demand. SCM systems choose suppliers for raw products as well as distributors. The company uses different suppliers and distributors based on customer demand. * Lower Costs These systems use many suppliers and distributors, allowing a company to choose the most cost- effective ones. An SCM system helps companies plan how much raw material is needed to meet customer demand. This allows companies to have a lower amount of inventory on hand at all times. Purchasing agents can then identify ways to save money when purchasing raw products. * Cycle Time A cycle refers to the amount of time it takes a business to complete an entire process. When the methods of SCM are used, the most efficient means of operations are discovered. This helps improve the time it takes to complete a cycle. In short, successfullyShow MoreRelatedBasic Philosophy of Supply Chain Management(Sony)4953 Words   |  20 Pagespaper describes the basic philosophy to supply chain management in order to develop and implement comprehensive supply chain strategies for Sony Corporation in global operation. Sony is committed to fulfilling its responsibility to society as a corporate citizen, including managing its supply chain in a responsible manner. To achieve this goal, Sony is working with its business partners, suppliers and subcontractors to help ensure that they adhere to the same high standards as Sony in the areas of humanRead MoreSony Corporation ( Sony )3760 Words   |  16 PagesOverview Sony Corporation (Sony), incorporated on May 7, 1946, is engaged in the development, design, manufacture, and sale of various kinds of electronic equipment, instruments, and devices for consumer, professional and industrial markets, as well as game consoles and software. Sony’s primary manufacturing facilities are located in Japan, Europe, and Asia. Sony also utilizes third-party contract manufacturers for certain products. Sony’s products are marketed throughout the world by sales subsidiariesRead MoreSony s Key Manufacturing Facilities3731 Words   |  15 PagesOverview Sony Corporation founded in 1946, is involved in the design, manufacture, development, and sale of various kinds of electronic equipment, instruments, and devices for customers, industrial and professional markets, also game consoles and software. Sony’s crucial manufacturing facilities are located in Japan, other Asians countries and Europe. Sony also utilizes third-party contract manufacturers for certain products. Sony’s products are marketed throughout the world by sales branches andRead MoreSony s Key Manufacturing Facilities3654 Words   |  15 PagesOverview Sony Corporation, founded in 1946, is involved in the design, manufacture, development, and sale of various kinds of electronic equipment, instruments, and devices for customers, industrial and professional markets, also game consoles and software. Sony’s crucial manufacturing facilities are located in Japan, other Asians countries and Europe. Sony also utilizes third-party contract manufacturers for certain products. Sony’s products are marketed throughout the world by sales branches andRead MoreStrategic Management Team Project : Team Report Final5048 Words   |  21 PagesStrategic Management Team Project: Team Report Final Wireless – Mobile Phone Mirroring Strategic Alliance: Sony Corporation and Toyota Motor Corporation Eli Clanton Sita Giri University of West Georgia Management 6681 Dr. Douglas Turner July 20, 2015 Overview Why buy a car with satellite radio and a GPS system? Why pay a separate Wi-Fi service fee for your car? If you have a smartphone then you already have these features and more at your fingertips. The new wireless mobile phone mirroringRead MoreWhy Buy A Car With Satellite Radio And A Gps System4634 Words   |  19 PagesWhy buy a car with satellite radio and a GPS system? Why pay a separate Wi-Fi service fee for your car? If you have a smartphone then you already have these features and more at your fingertips. The new wireless mobile phone mirroring system from Sony and Toyota will allow you to pair your smartphone with your car’s dash display so that all of the applications on your phone are seen on the dash video display and heard through the car’s speakers. Internet radio and live updated traffic/GPS applicationsRead MoreThe Lego Group1284 Words   |  6 PagesSingh, R. Student Number : 19852274 20101233 20054057 Assignment Title : The LEGO Group: working with strategy. Date : 03 March 2012 Programme : BTECH-MANAGEMENT IV Question 1 Explain how the development of strategy at the LEGO Group reflect the key characteristics of strategic management outlined in section 1.2 and in the model in Figure 1.4? â€Å"Strategy is the long-term direction of an organization† (Johnson, Whittington and Scholes, 2011, p.3). The LEGO Group startedRead MorePrinciples of Operations Management Chapter 1-2-32543 Words   |  11 Pagesbe cognizant about the know-how of what exactly my roles would then be. I learnt that OM in simple terms is a collection of processes that helps creating a service or a good starting from its input phase giving us the most appropriate output. The basics learnt were the fundamental difference between Goods and Services. Good is a tangible entity while Service is intangible. And sometimes service can also be a later phase of a good, for example, Customer support or a service in the form of WarrantyRead MoreCostcp vs Sams Club2904 Words   |  12 Pagesefficiency in the use of selling space, in the handling of merchandise, and in the control of inventory. Warehouse Business Model Warehouse Clubs are â€Å"big box stores that sell groceries as well as general merchandise at lower costs† The basic model is to maintain very low prices, sell high volumes, and maintain very high Operating efficiencies. The business idea is that low prices on a limited selection of national brand merchandise and selected private-label products in a wide range ofRead MoreOperations management as a source of competitive advantage2803 Words   |  12 Pagesoperations management as a source for gaining a competitive advantage, operations management and TQM are defined and discussed as to their importancy in the organisation. The differing ways of gaining a competitive advantage are explained as is the way organisational structures and the implementation of technologies aid the building of these advantages. The Cambrian Conservatory and window world is used as an example of efficient operations management. Introduction Operations management is based