Takeaways from week 2:
-Crocs supply chain is what puts it ahead of the competition. They are able to adapt to the change in markets more easily than most due to owning the formula to Croslite and their ability to control production.
-They have built their company around the niche markets.
-Crocs use a vertical supply…[Read more]
Major: Supply Chain Management
I have experience in supply chain at my current job working in grocery at MOM’s Organic Market. I also have four years experience with supply chain in the U.S. Navy.
Week 1 takeaways:
Supply chain is a very complex process that needs to stay up to date with the times as technology advances. It is comprised of many parts that are not necessarily connected to each other but are required to complete the process of whatever is being done. We also learned how MIS is integral to keeping the system up to date. We…[Read more]
You can use a decision tree to decide what type of start ups you want to invest money into. You would collect information on areas such as likely profitability, costs, time until becoming profitable, and would it be a positive impact on the view of the company. My advice for selecting the right predictors is to be aware of the issue at hand and…[Read more]
It is interesting to see how many high tier companies use this software. It is shown how versatile R can be by doing many different types of calculations. They range from exploratory data analysis to xbox multiplayer matchmaking. R’s capabilities make it a necessity to…[Read more]
This graphic does a good job at showing a lot of information in a simple way. It compares different aspects of U.S. society and how it has changed in a hundred year time frame. None of the visuals distract away from the information, yet they are still interesting. The graphic seems to understand…[Read more]
The most tricky aspect for creating the ERD from a problem description is ignoring the irrelevant information that is given in the problem. It can make the problem seem much more complicated than it actually is. I find that the easiest way to declutter the problem is the use of a highlighter, multiple if possible. This way you can color code the…[Read more]
I used to work in the United States Navy. I dealt with mine countermeasures. One of the jobs that had to be completed was the review of waterway maps that were captured by sonar. People would look over many different maps of an area to find all abnormalities that could possibly be a mine. From this list it was then reviewed by a computer program…[Read more]