Presentation on theme: "Perdue Farms and Others: Supply Chain Management Meets the Holiday Season Euiho (David) Suh, Ph.D. POSTECH Strategic Management of Information and Technology."— Presentation transcript:
1 Perdue Farms and Others: Supply Chain Management Meets the Holiday Season Euiho (David) Suh, Ph.D.POSTECH Strategic Management of Information and Technology Laboratory(POSMIT:Dept. of Industrial & Management Engineering POSTECH
2 Case 3: Perdue Farms and Others Even the best companies are challenged by supply chain pressures during holidaysThe holiday season is difficult for manufacturers and retailers because they’re making educated guesses and bets on what demand is going to beThey’re not going to get it right every timeDelivering the right number of products to the right customers at the right time is very importantBusinesses are turning to forecasting and supply chain management tools
3 Case Study QuestionsWhat key factors determine the success or failure of supply chains during the holiday season?Which of these are, or could be, under the control of companies, and which are inherent in the end-consumer business?Consider the increasing use of gift cards in lieu of gifts during the holiday seasonWhat effects does this new practice introduce into demand planning and supply chain management?Consider that virtually nothing is known about the recipients of gift cardsWhat strategies can retailers and their suppliers consider to accommodate these effects?Prof. Brian Tomlin says that smart companies substitute information for inventoryWhat do you think he means by this?How do you think companies can take advantage of more extensive and accurate information to improve their inventory and logistic practices?
4 ReferenceO’Brien & Marakas, “Introduction to Information Systems – Fifteenth Edition”, McGraw – Hill, Chapter 7, pp. 308~309