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Frank Steven Juhasz commented on the post, 100 second reflection for week 12, on the site 8 years, 3 months ago
In week 12, we had a guest lecture come in to discuss the B2B Network in business. B2B is an interesting concept and has definitely changed the approach businesses take in their operations. Throughout the course of time, we have seen the integration and consolidation of processes and networks in which produces abilities like EDI, which enhances…[Read more]
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Frank Steven Juhasz commented on the post, Weekly Question #8: Complete by November 2, 2017, on the site 8 years, 3 months ago
In week 9, we discussed the Xbox case and e-fulfillment. During this time, we saw first hand through the Xbox case how companies take advantage of outsourcing to their benefit and relay that to the consumers. As we’ve learned, companies outsource processes because of specialization. From this, companies realize benefits in increased capacity,…[Read more]
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Frank Steven Juhasz commented on the post, Weekly Question #8: Complete by November 2, 2017, on the site 8 years, 3 months ago
In week 8, we discussed the Hulu case and global sourcing in supply chain. It was interesting to understand how a digital company like Hulu had its supply chain set up through the acquirement of licenses and rights to content from the original producers. In this sense, it seems like a non-traditional way of a supply chain, because it doesn’t deal…[Read more]
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Frank Steven Juhasz commented on the post, Weekly Question #8: Complete by November 2, 2017, on the site 8 years, 3 months ago
In week 7, we discussed the topic of delivering of information goods. It’s been interesting to see the transformation of this industry over a relatively short amount of time. The best way to depict this transformation is by looking at the video rental and music sales industry. We all remember how popular Blockbuster was on Friday evenings, when…[Read more]
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Frank Steven Juhasz commented on the post, Weekly Question #8: Complete by November 2, 2017, on the site 8 years, 3 months ago
In week 6 we discussed RFID in supply chain. RFID plays a big role in companies with respect to managing their inventory, but it’s also very much integrated in our daily lives as a consumer without us being entirely aware of it most of the time (examples: EZ Pass or tap-to-reader payments). Although RFID tags are relatively costly to implement…[Read more]
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Frank Steven Juhasz commented on the post, Weekly Question #8: Complete by November 2, 2017, on the site 8 years, 3 months ago
In week 4, we discussed the WWT Orbit Case and started the beer game simulation. The case proved to be a very interesting concept but for me, the key takeaway for class was the lessons learned in the simulation. This activity really helped us visualize the bullwhip effect in supply chain and ultimately stressed the importance of communication…[Read more]
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Frank Steven Juhasz commented on the post, 100 second reflection for week 3, on the site 8 years, 3 months ago
In week 3 we discussed the Zappos case and eMarketplaces. It was interesting to see how Zappos had their supply chain set up. I think that the key to their success was primarily their customer service policies that brought back returning customers and then some. In class we discussed eMarketplaces. One thing that stood out to me were the three…[Read more]
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Frank Steven Juhasz commented on the post, 100 second reflection for week 2, on the site 8 years, 3 months ago
In week 2 we went over the Crocs case and how the internet has impacted supply chains. With respect to the Crocs case, I learned that it’s important to have a flexible supply chain, whatever that might be (manufacturing, distribution locations, etc.). This is extremely important especially in the case of Crocs because it allows for a firm to…[Read more]
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Frank Steven Juhasz commented on the post, Weekly Question #8: Complete by November 2, 2017, on the site 8 years, 3 months ago
Week 1 served as an introductory course to the world of supply chain. Topics discussed the concept of supply chain, key players/components and importance in the business world. As we discussed, supply chains are very complex, but they’re vital the success of companies and help them compete in the marketplace. Supply chains that are setup correctly…[Read more]
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Frank Steven Juhasz commented on the post, Weekly Question #8: Complete by November 2, 2017, on the site 8 years, 3 months ago
I felt as though this course had a good balance between real-world examples such as case studies, simulations, a guest lecture, and traditional lectures. For me personally, I thought the best example of putting this all together would have been the most recent global supply chain simulation. It really gave an accurate depiction of developing a…[Read more]
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Frank Steven Juhasz commented on the post, 100 second reflection for week 13, on the site 8 years, 3 months ago
In week 13 we started the Global Supply Chain Simulation. This simulation provides insight to the importance and challenge of communication with different team members when offering a product. This becomes even more challenging when deciding to roll out a new product when it’s hard to forecast how the new product will fare in the market. In order…[Read more]
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Frank Steven Juhasz posted a new activity comment 8 years, 4 months ago
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Frank Steven Juhasz posted a new activity comment 8 years, 4 months ago
In week 11, the topic of the lecture was about Supply Chain IT standards. One of the points made in class that resonated with me the most is the use of EDI versus the “old days” when communication wasn’t facilitated with more advanced technology. The slide titled “Getting ’em to talk” accurately describes what I’m referring to. Thought my time at…[Read more]
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Frank Steven Juhasz posted a new activity comment 8 years, 4 months ago
In week 10 we discussed the topic of ethical and green supply chains. In today’s world, I think that there is a lot more emphasis on going green in general. With that, there is added pressure on firms to ensure that all parts of their operations conduct business in an ethical manner. This would include things like product/component sourcing, l…[Read more]
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Frank Steven Juhasz posted a new activity comment 8 years, 4 months ago
Even though Apple has received much negative publicity for the working conditions that employees of their supplier Foxconn work in, I don’t think that it changes the buying preferences for the overwhelming majority of their customers. For some consumers, the unethical treatment of workers in the Foxconn facilities, where workers are crammed in…[Read more]
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Frank Steven Juhasz posted a new activity comment 8 years, 4 months ago
In week 5 we discussed The Bullwhip Effect. Our lecture was also reinforced by the beer game simulation. I felt as though the simulation portrayed a very accurate scenario as to what it’s like to create such an effect within business. Through the class and the simulation, we learned that it is very important to have transparent communication…[Read more]
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Frank Steven Juhasz posted a new activity comment 8 years, 7 months ago
Name: Frank Juhasz
Majors: Finance & Supply Chain Management / Year: Junior
Industry Experience: I am currently a Supply Chain Intern at Philadelphia Gas Works. A lot of what I do is geared around inventory management, supplier evaluation and process improvement. In terms of inventory management, one of the projects that I have completed is…[Read more]