Log in or create an account These are the sources and citations used to research Dissertation. Information asymmetry, disclosure and foreign institutional investment: An empirical investigation of the impact of the Sarbanes-Oxley Act.
In an effort to get away from this image that was painted of them, Nike has taken strides to implement disclosure to how the supply chain is run.
Colors from bronze to gold are seen as successful and are given benefits and opportunities that would not be accessible to suppliers given a rating of yellow or red. These benefits and opportunities are seen as incentives for these suppliers and form the system they have created for managing sustainability.
Logistics This part describes the movement of the raw materials from the contract supplier to the manufacturer. This is because of the global expansion that Nike has implemented gadde rammohan business plan the last few decades.
The parties responsible for this transportation are also measured on this new system of incentives. Nike closely records each transaction and is in touch with the supplier and manufacturer to get the best idea of how the transportation was carried out.
These third party transporters are rated in the same way as the suppliers and are given rewards for timely deliveries of material. Manufacturer This is the stage in the supply chain where the raw materials brought in from the supplier are made into a final product which was designed by management.
This is an important step in the cycle because this is where the ideas set by the research and development team, which are influenced by the target demographic, are made into reality and are kept until further movement of the product.
Nike has also been known to use manufacturing plant from a third party. Because of the fact that Nike is still responsible for these processes carried out by these manufacturers, they keep a close watch on the quality of the products produced. For measuring this, they have also been rating these manufacturers in the same ways they rate their other third party contracts for the different parts of their supply chain.
Logistics The second time that logistics comes into play is when the final product has to be moved to a distributing warehouse. This step also depends on the location of points A and B for each situation due to how global the Nike Company has become.
This transport of products is a crucial part in the flow of the chain to move the manufactured product to a place where it can be stored. Again, we are able to see the rating system built around incentives at work when we analyze the logistics between the manufacturer and the distributor.
For this reason they record timely deliveries of products and of course look for damage and inconsistencies that the transportation company may be responsible for.
Distributor This stage in the chain is composed of either Nike warehouses set up to store their finished goods until it is demanded by a retail store or other vendor or a third party distributor which would serve the same function.
Oftentimes, a third party is used for this step but this all depends on the most cost effective and logical method of distributing the products at hand. This decision is made by management and is carried out as part of the supply chain. The warehouse would hold the product for as long as it is needed but due to how well measured out the manufacture of each product is carried out compared to their well estimated demand for the product, it is usually moved fairly quickly to continue the flow of the chain.
Distribution is important because the final product needs to be stored before is sent to vendors. For this reason, Nike also works in monitoring the companies that work with them for warehousing purposes.
The rating system is also in place for distributors to better measure this stage of the supply chain to make future decisions regarding what third party distributors they should use.
Logistics For the third time in the supply chain, Nike has to move their goods to another part of the process. This time, the product has been stored in a distributing warehouse and is now ready to move to a place where it would be available to the customer.
Nike is available all over the world and uses many different systems of transportation for bringing the product to the vendor. This is no exception with the transportation of the finished goods from the distributor warehouse to the vendors.
They are graded on the condition of the products when they arrive to the vendor and how efficiently and timely the delivery was just like in the other parts of the supply chain where transportation of either materials or the finished product were needed.
Retail stores are still a big part of this step because many purchases are still made in stores around the world that are licensed to sell Nike products.
Finally, there are specific Nike outlet stores which get direct shipments from the distributor and exclusively sell Nike products.
From here, the products are purchased by the customer, but the cycle does not end there. This process is known as reverse logistics and can be implemented through blogs, ratings, customer support, and other services set up by Nike for this purpose.
This is because the information collected from the customer feedback is researched by management and in turn is used to form a new design or designs.
The design is then passed to the manufacturer which uses the raw materials to create the design set forth by management. This way, the cycle is continuous and efficient.Make A Difference (MAD) is a youth driven volunteer organization that mobilizes young leaders to enable better outcomes for children living in shelter homes in India.
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Philadelphia Business Journal. An important part of Nike’s supply chain and business plan is being in tune with the demands of their customers. A.H., Cohen, S. A., Lee, H. L., Rammohan, S., V. Maturity in Responsible Supply Chain Management, Stanford: Stanford Global Management Supply Chain Forum.
Stanford Graduate School of Business Teaching Case. How to. Apr 01, · Yetukuri Venkata Narasayya Tummala Seetarama Murty Satya Nadella - Corporate Vice President responsible for leading the Product Group within Microsoft Business Solutions.
Madhu Yarlagadda - Director of Engineering, Communications Products, Yahoo!. Gadde Rammohan - Ex- MP, Vijayawada (TDP). Donepudi Ramesh Babu Ex. 3 days ago · Appreciating the efforts being put in by sanitary workers in keeping the city clean, Mayor Bonthu Rammohan appealed to all the citizens to do their bits in ensuring Hyderabad get top rank in Swachh Survekshan