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Kirk Kopacz wrote a new post on the site MIS2101 – Summer 1 2015 9 years, 5 months ago
http://www.supplymanagement.com/news/2015/global-supply-chain-managers-face-a-minefield-of-risk
Supply chains are a collection of companies and processes involved in moving a product from the suppliers of raw material to the suppliers of intermediate components, then to final production, and ultimately, to the consumer. These supply chains are normal very large and complex and include many companies located around the world. A single disruption no matter the size will cause many supply chains to fail. These could be anything from loss of power which is common in Brazil to deflation which Japan is currently facing. These disruption will can cause supply chains to fall apart and products and service to be delayed which will cause companies to lose potential contracts and services with customers. Companies that use supply chains that are located in areas that are still developing have no easy answer to the problems that they face of potential shutdowns.Supply chain managers have a tough job of finding ways in which to insure that production does not cease because event s that are out of their control. One way that companies can combat these scenarios is by being on the leading edge with their suppliers by developing a strong and intimate relationship with them. This will allow them to be able to work hand in hand with them to find and avoid potential disasters.
Discussion Questions:
1)Do you think that with the current amount of natural disasters and economic situations that many of these countries are facing that companies begin to relocate elsewhere?
2)Do you think that if Japan and Europe are stuck in a prolonged period of deflation that they will have to adjust their supply chains to be more cost effective? If so how will they do so?
3)Since disruptions are being calculated in as part of the supply chain operations what do you think companies are doing to ensure that their business is not hindered?
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Kirk Kopacz commented on the post, The Need For Social Media , on the site 9 years, 5 months ago
This article discusses how social media can be used to strengthen many areas of an organization. It can be used to provide product awareness, find potential employees, and even give valuable feedback on your product and services. The new age is now here and social media will be the life and death of many companies because of the capability of news…[Read more]
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Kirk Kopacz commented on the post, To Tweet, Or Not To Tweet? That Is The Question, on the site 9 years, 5 months ago
Social media is the new frontier that organizations are exploring because these platforms can help them reach a larger portion of their target market and create a closer bond with their customers. This article explains what marketers must be aware of when creating a marketing campaign on social media because 140 characters could potentially sink…[Read more]
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Kirk Kopacz's profile was updated 9 years, 5 months ago
I think that with the recent events of the natural disasters, etc. that are happening that it is a very real situation that companies decide to relocate. They have to look at the economic impact of the long haul- especially if it is flooding/earthquakes that keep happening over and over again- not very cost-effective to stay put.
How can information systems assist with making the adjustments and understanding any underlying issues? Good baseline article – how can we integrate with systems thinking?
In response to number three, I think a lot of companies are now analyzing data in order to determine the probability of disruptions at certain point in their supply chain. This allows companies to create backup plans that can be implemented if any disruptions occur. For example, a company may contract with a second supplier who has the ability to take on extra work and demand if another supplier for the company is limited in its capacity to deliver products or services. If a natural disaster, for instance, causes one of the suppliers to be temporarily shut down, the company may already have a plan in place to order more goods from the other supplier. This would limit the impact the disruption may have, possibly at an increased cost, but may save some reputation and/or customer service damages.