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Jin Sil Park posted a new activity comment 8 years, 3 months ago
In this week, we had to work on the Global Supply Chain simulation, and I thought this was very interesting. Our group get to run the actual phone company with ‘UNCERTAINTY’ in the market, and we had to try to do the forecast for every year. This exercise was really helpful to gain information on the decision making of products, production lin…[Read more]
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Jin Sil Park posted a new activity comment 8 years, 3 months ago
User name: pjsil8512
E-mail: jinsil.park@temple.edu
Group member: Daniel Sadwick -
Jin Sil Park posted a new activity comment 8 years, 4 months ago
In this week, we have discussed about ethics and Green in supply chain. Ethics can be defined as society’s general understanding of what is good or appropriate behavior. And we also discussed about lots of challenges in ethical supply chains such as labor cost, environment, testing on humans or animals, working conditions and many others. And we a…[Read more]
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Jin Sil Park posted a new activity comment 8 years, 4 months ago
1. Explain how Amazon.com’s distribution strategy evolved in the early years (1995-1998)?
Early year strategy was to have low the inventory, then order through wholesaler. In those days, they have inventory over 70 times per year. And also Amazon expand their business to music and video. They also open new distribution center (DC) in Delaware t…[Read more] -
Jin Sil Park posted a new activity comment 8 years, 4 months ago
1. Explain how Amazon.com’s distribution strategy evolved in the early years (1995-1998)?
Early year strategy was to have low the inventory, then order through wholesaler. In those days, they have inventory over 70 times per year. And also Amazon expand their business to music and video. They also open new distribution center (DC) in Delaware t…[Read more] -
Jin Sil Park commented on the post, 100 second reflection for week 9, on the site 8 years, 4 months ago
This week’s lecture, we have talked about efulfillment. Last week, we have discussed about eProcurement which is the supplier side of function, however efulfillment is the customer side of function in business. Generally fulfillment is delivery, and efulfillment is a set of distribution strategies to have faster delivery, and lowest possible c…[Read more]
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Jin Sil Park commented on the post, 100 second reflection for week 8, on the site 8 years, 4 months ago
In this week’s lecture, we have talked about procurement and strategic source. One key thing that I have learned is that there is difference between process and function in a firm. Simply, function is what each of the department would do as of their task, and process is the actual work that involves with one or more departments to complete the j…[Read more]
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Jin Sil Park posted a new activity comment 8 years, 4 months ago
In our class lecture we have talked about the changes of delivery of information goods. We have used Blockbuster & Netfilx, Ipod as examples to see how the industry has been changed over the period. In case of Blockbuster & Netflix, the industry and consumers favor pretty much moved from brick and mortar to click and mortar which makes Blockbuster…[Read more]
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Jin Sil Park posted a new activity comment 8 years, 5 months ago
In this week’s lecture, we have learned about RFID and how it is being used, can be implement in future.
RFID is the ‘Radio Frequency Identification’ type of identification system (somewhat similar to barcodes) that could read the product or items information through chips or wires that is on the tag which could be scanned and transmit the infor…[Read more] -
Jin Sil Park posted a new activity comment 8 years, 5 months ago
In this week, we have discussed about Bullwhip effect, and also went through beer game simulation.
One thing that really surprised me is that when we played the beer game, my group actually had the bullwhip effect throughout our supply chain activity. I was the retailer and had lack of fulfill the customer’s order, and at the end of our supply c…[Read more] -
Jin Sil Park posted a new activity comment 8 years, 5 months ago
In class lecture we have discussed about WWT case, and one of the key take away that I have is, Technology is no the key driver for success. There are other factors to think about in business specially, if the business is position in intermediary of the supply chain activity. It should fulfill the need of buyers and sellers on both side. And key…[Read more]
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Jin Sil Park posted a new activity comment 8 years, 5 months ago
Beer Game Group
Jin-Sil Park
Brandon DiCastelnuovo
Clyde Akrofi Fayorsey
Daniel R. Sadwick -
Jin Sil Park posted a new activity comment 8 years, 5 months ago
In class lecture, we have discussed about the market environment in e-commerce compares to the physical market. One thing that really stood out to me is that on the e-commerce market, there is about equal power distribution between buyers and sellers, which is different in physical market places. And all of those entities are connected directly…[Read more]
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Jin Sil Park posted a new activity comment 8 years, 6 months ago
I am pretty sure that MIS professional definitely need to understand the supply chains, because as you can see from the diagram in ppt, it shows that all the functions (not even majority) are required to understand the planning that is heavily related to the supply chain activities. In order to achieve its long term goal of Supply chain Design /…[Read more]
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Jin Sil Park posted a new activity comment 8 years, 6 months ago
In class lecture, we have discussed about how the internet changes the supply chain, and what has not changed. In terms of how the internet changes the supply chain, we have covered four key impact areas. (eDesing, eMediaries, Web-based collaborative planning, eFulfillment) What stood out to me the most in lecture was, when we discussed about what…[Read more]
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Jin Sil Park posted a new activity comment 8 years, 6 months ago
Jin Park tue74920
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Jin Sil Park posted a new activity comment 8 years, 6 months ago
Jin Park jinsil.park@temple.edu
Brandon DiCastelnuovo brandon.dicastelnuovo@temple.edu
Clyde Akrofi Fayorsey tud44658@temple.edu
Daniel R. Sadwick tuf80277@temple.edu -
Jin Sil Park posted a new activity comment 8 years, 6 months ago
In last week’s lecture we have discussed about the course materials in general, more specifically about what is a supply chain and what its consists of. Supply chain is known as the ‘Logistics Network’, and consists of suppliers, raw materials, warehouses and many others. The most important goal of supply chain is to provide and distribute finis…[Read more]