{"id":3159,"date":"2020-10-03T05:00:40","date_gmt":"2020-10-03T09:00:40","guid":{"rendered":"http:\/\/community.mis.temple.edu\/itacs5121fall16\/?p=3159"},"modified":"2018-12-07T12:12:07","modified_gmt":"2018-12-07T17:12:07","slug":"week-5-wrap-up-inventory-and-shipping-controls","status":"publish","type":"post","link":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/2020\/10\/03\/week-5-wrap-up-inventory-and-shipping-controls\/","title":{"rendered":"Week 5 Wrap-up: Inventory and Shipping Controls"},"content":{"rendered":"<p>Continuing great job on the discussions. \u00a0 You raised most of\u00a0the important\u00a0points but let me summarize my view.<\/p>\n<p><strong>Q1<\/strong>:\u00a0Fraud Triangle on\u00a0&#8216;One Piece at a Time&#8217; video: \u00a0Opportunity\u00a0&#8211;\u00a0it&#8217;s obvious the workers were confident in the opportunity to take various car pieces (one piece at a time); Incentive &#8211; a &#8216;free&#8217; car; Rationalization &#8211; \u00a0It&#8217;s a large company that won&#8217;t miss the parts<\/p>\n<p><strong>Q2<\/strong>:\u00a0For\u00a0the &#8216;One Piece at a Time&#8217; video scenario &#8211; what should the operations manager do? \u00a0You shared some good ideas. \u00a0From a risk perspective I would recommend focusing on changes to prevent the large parts from being stolen (how does a transmission leave the plant unnoticed?). \u00a0However, some cultural change actions may also be supportive (and needed).<\/p>\n<p><strong>Q3<\/strong>: In shipping &#8211; what controls are different in purely domestic vs. international company? \u00a0Many differences were noted. \u00a0My experience the key differences are currency, languages, different logistics options (e.g. ships), import-export regulations, expanded paperwork requirements, customs authorities are an added interested party. \u00a0The added complexity is often outsourced by companies to freight forward and import brokers.<\/p>\n<p><strong>Q4<\/strong>: What are 1-2 less obvious inventory control measures are used with us as consumers? \u00a0Are they\u00a0effective? The anti-theft, anti-shoplifting measures you all mentioned are very common. They seem effective to me.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Continuing great job on the discussions. \u00a0 You raised most of\u00a0the important\u00a0points but let me summarize my view. Q1:\u00a0Fraud Triangle on\u00a0&#8216;One Piece at a Time&#8217; video: \u00a0Opportunity\u00a0&#8211;\u00a0it&#8217;s obvious the workers were confident in the opportunity to take various car pieces (one piece at a time); Incentive &#8211; a &#8216;free&#8217; car; Rationalization &#8211; \u00a0It&#8217;s a large [&hellip;]<\/p>\n","protected":false},"author":22812,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[715709],"tags":[],"class_list":{"0":"post-3159","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-week-05it-strategy","7":"entry"},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/posts\/3159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/users\/22812"}],"replies":[{"embeddable":true,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/comments?post=3159"}],"version-history":[{"count":1,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/posts\/3159\/revisions"}],"predecessor-version":[{"id":4926,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/posts\/3159\/revisions\/4926"}],"wp:attachment":[{"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/media?parent=3159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/categories?post=3159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/tags?post=3159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}