Designing A Inventory System For Nike - 1390 Words

My company, partners with businesses and present systems that contributes to their overall effectiveness. Recently, I had the privilege of attending a Microsoft conference that introduced Nike’s Chairman, President and CEO, Mark Parker as the guest speaker. Apparently, due to, demand fluctuations and stiff competition, Nike possess an abundance of excess inventory. Upon hearing this startling revelation, I immediately thought about the Adapting Supply Chains to Tough Times, case study I read the other day. However, the problem that I discovered with Nike is that it has multiple locations, that all have different inventory needs. For instance, the Air Jordan X Retro â€Å"OVO† might sell well on the west coast, but not as well in the east. Therefore, my dilemma was to incorporate components of inventory management that would fit every location. Obviously, I had already begun envisioning an effective inventory system for Nike before being asked to do so. Luckily, after t he conference, Microsoft supplied lunch, which was a Godsend since my stomach was emitting embarrassing sounds. At any rate, since I have an affiliation with Bill Gates, I was assigned a seat at his table. By chance, Mark Parker was also assigned to the table, as a matter of fact, he sat right next to me. Clearly, it would not be proper etiquette for me to start discussing business after introducing myself. Therefore, I took the time to learn a bit more about Mark. First, he joined Nike in 1979 and from that pointShow MoreRelatedDesigning A Inventory System For Nike1407 Words   |  6 Pages My company, partners with businesses and present management systems that help companies become more efficient. Recently, I had the privilege of attending a Microsoft conference that introduced Nike’s Chairman, President and CEO, Mark Parker as the guest speaker. Apparently, due to, demand fluctuations and stiff competition, Nike has an abundance of excess inventory. Upon hearing this startling revelation, I immediately thought about the Adapting Supply Chains to Tough Times, case study I read theRead Morescope of technology Essay932 Words   |  4 Pagesmaterials; third, technological products or artifacts; fourth, end, intention or functions; fifth, background knowledge; and lastly, social context in which the technology is designed, developed, used, and disposed of, and the artifact that I will apply is Nike. In Children of Invention Revisited by Winston, he describes technology in three different ways in reference to the artifact I selected. First, Winston clearly defines technology as â€Å"the organization of knowledge, people, and things to accomplishRead MoreNike Marketing Strategy Review1044 Words   |  5 PagesMurad Tahirov Marketing Spotlight-Nike The Nike story begins with its founder, running enthusiast Phil Knight. In 1962, Knight started Blue Ribbon Sports, the precursor to Nike. At the time, the athletic shoe industry was dominated by two German companies, Adidas and Puma. Knight recognized a neglected segment of serious athletes whose specialized needs were not being addressed. The concept was simple: Provide high-quality running shoes designed especially for athletes by athletes. KnightRead MoreThe Main Influences On Operation Management1112 Words   |  5 PagesOperations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. The main influences on operation management include; ï  ¶ Globalisation ï  ¶ Technology ï  ¶ Quality expectation ï  ¶ Cost-based competition ï  ¶ Government policies ï  ¶ Legal regulation ï  ¶ Environmental sustainability ï  ¶ Cooperate social responsibility (CSR) Globalisation Globalisation is the change in a businessRead MoreOperation Management: Chapter 7 – Capacity and Facilities Design1516 Words   |  7 Pagesactivities, processes, departments, workstations, storage areas, aisles, and common areas within an existing or proposed facility. The basic objective of the layout decision is to ensure a smooth flow of work, material, people and information through the system. We can list five goals of facility layout such as the following: 1. Eliminate wasted or redundant movement We can take Wal-mart as an example. Wal-mart is one company who has a great successful by using process layout. They group similar activitiesRead MoreAnnotated Bibliography On Information Systems9488 Words   |  38 PagesThe Overview of Information Systems Jerry Gonzalez In Chapter 1, it covers up the overview of information systems meaning explaining the differences of computer literacy and information literacy. We know that computer literacy is defined as a person who is very skilled in using microsoft word, excel, powerpoint, outlook, etc. Computers are everywhere among us to use for personal daily lives. They are used for students to do their personal homework, grading for exams, evaluations, and can even canRead MoreWhy Nike Is An International Company2273 Words   |  10 PagesIntroduction Nike is an international company which specializes in designing, making and selling athletic footwear. The company specializes in designing high-quality products which are used worldwide by many people. Apart from being used in athletic and basketball games, the company s products are used as casual wears. Apart from making and selling footwear, the company also offers a wide range of services to its customers and also sells both equipment and their accessories. The company has well-organizedRead MoreThe Green Supply Chain Management1533 Words   |  7 Pagestrending in various organisations involved in supply chain business. The green supply chain management is the process of combination of environment protection and day to day supply chain management, including its different parts like material sourcing, designing of product, selection of material, manufacturing process and delivery of the final item to the customers. Green supply chain management relates to manufacturing wide ran ge of products from or recyclable and destroyable products. This is similar toRead MoreNike Erp2332 Words   |  10 PagesCase Study: Nike ERP Implementation Nike shoe division grew and spread rapidly around the globe from its inception in 1972 through 1998. Yet in 1999, Nike realized that in order to keep up with the growing demands of their products, and specifically their Air Jordan line of basketball shoes, they would have to make changes in the way they forecasted and projected demands and distributed their products. Eventually it was decided that these changes would take place in the form of the implementationRead MoreNike Brand equity2888 Words   |  12 PagesIntroductionNike Corporation was incorporated in 1968. In their thirty-four year history, Nike has primarily been in the business of designing, developing, and marketing athletic footwear, attire, equipment and accessories, Ð ° lot of companies go out on a limb when it comes to business decision or management strategies with Nike Corporation. Nike is Ð ° powerful company. Nike Corporation is a well managed company in Ð ° striking industry, the company has a strong brand image, and they are effectively

The Myth Of The Sphinx, An Oracle, And An Incestuous...

Oedipus With all of the myths that have come to life on the big screen, this is one that may never make it. It can be said that with all of the elements it possess it would be a prime opportunity to bring to life the different aspects of humanity and its myth. Bringing the myth of the sphinx, an oracle, and an incestuous family of epic proportions. Each of these different myths played a large role in Greek mythology and other myths around the world. Seeking the difference between each evolution of Oedipus’s journey and how each aspect defines him. Sphinxes are seen in many different Greek myths are a part of the Titan class. Exploring their raw power and intellectual abilities plays into societal desire. Oracles are simple oracle and fortune tellers depending on the information they are providing. This plays a key role in the perception that man have about their abilities. And looking into the incestuous family complex that caused the fall of a society. This is something that has been seen in many cultures under many different situations. How the Greeks display chaos in Oedipus can be deflected. This myth depict and display different binding facts about the culture and how it was transferred to written word shows that how people identified perspective values. It can be said it is all due to the chaos that humans inherently possess. Discussion In some cases Sphinx’s were used are guardians to great treasures or personal protection (Unknown, 2016). It was described to have

Flash Foresight free essay sample

Flash Foresight Assignment Chapter One:Â   Start With Certainty – Use Hard Trends to see what’s coming. It’s so easy to focus on what we can’t do; what we can’t resolve, where we don’t see eye-to-eye, what we don’t know. With this focus, coming to any kind of common understanding is just about impossible. Where should we focus? We should focus because it allows us to see what we agree upon and what we can and do desire. What is Cyclic Change? Cyclic change is change that does not cycle back on itself. Basically what goes up must come down. (I. e. Birth and death) What is Linear Change? Linear change is acyclic and progressive. It does not cycle back on itself but it does progress forward in one direction. (I. e. what goes up does not necessarily come down, aging) What is a Hard Trend? A hard trend is a protection based on measurable, tangible, and fully predictable facts, events, or objects that will happen (a future fact). We will write a custom essay sample on Flash Foresight or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page What is a Soft Trend? A soft trend is a projection based on statistics that have the appearance of being tangible with fully predictable facts but in actuality is something that might happen (a future maybe). Chapter Two:Â   Anticipate – Base Your Strategies on What You Know About the Future. In the future there will be two kinds of people:Â   those who do not anticipate change and those who do anticipate change. Those who do not will experience massive chaos and dislocation. Those who do anticipate change will find unprecedented opportunities. What is meant by Change from the Inside out? It’s the kind of change that allows you to direct your future and seize your destiny by having personal and organizational growth. Identify the Eight Pathways of Technological Advancement and what does each mean? Dematerialization- As technology improves we are reducing the amount of material it takes to build the tools we use, subtracting atoms from them even as we improve their capacity and performance. Whatever is made can be dematerialized if desired. Dematerialization does not necessarily mean smaller. How can you make a car use less gas Make it lighter by dematerializing it? Virtualization- Virtualization means taking things we currently do physically and shifting the medium so that we can now do them purely in a weightless representational world. Mobility- With the advance of wireless technology, we are rapidly being de-tethered from everything. Traditional videoconferencing for the few is shifting to full-fledged visual communications for everyone. The degree of mobility has changed, and the degree of practicality and productivity in a mobile context has been transformed. Product intelligence- Is the degree to which we can now add intelligence to practically any product. Networking- Telephones were the first truly modern network, in that they allowed us to start intercommunicating at great distances in real time. Today we are capable of carrying on several conversations at once, without losing the thread of any one of them. As networking increases in its scope, speed, and accessibility, we are also enlarging its meaning and application, working not only in the media of text voice but also in video and even 3D video. Interactivity- Interactivity is the continuing process of opening up all our media to become dynamic and gaining the ability to interact with everything. The more you interact with something, the more engaged you become. Globalization-technological advances have allowed us to achieve globalization. Convergence- convergence is when the pathways of technological advancement overlap and interact which is serving to drive the acceleration of technological advancements. What are the Three Digital Accelerators and what does each mean? Processing power is the computer processer speed. Bandwidth- the amount of information that can travel over a given channel Storage- The capacity to store information is increasing at a faster more dramatic pace than processing power and bandwidth. What is Going Vertical? The technological shift which has a rate of change and it will happen and it will impact each person and each aspect of our life leaving nothing unchanged. It will disrupt catastrophically every aspect of every industry and every aspect of human activity except for those who see it coming. Chapter Three:Â   Transform – Use Technology-driven Change to Your Advantage Write the author’s definition of Change and the definition of Transformation. To Change is to fail, we need to transform. Transform what? Transform the way of thinking into something that is a dramatic change. What is meant by our Intelligent Future? Intelligent future is referring to the increasing sophistication and capabilities of product capabilities. Describe the difference between Web 3. 0 and Web 4. 0-Web 3. 0 is expected to provide users with immersion to a 3D experience of information, experiences and entertainment. Web 4. 0 will anticipate needs by providing e-agents to serve your needs. You will have your own customized life coach, monitoring your health, financial wellbeing, psychological coach, an at home and at work e-agent monitoring all that has been assigned, understanding your taste in music, entertainment, food and delivering the directly to you.