https://padlet.com/mmdent/MKT2144 Student Wall for comments/answers and discussion en-us 2016-10-31 06:12:51 UTC 2023-02-20 01:53:59 UTC hello@padlet.com mmdent https://padlet.com/mmdent/MKT2144/wish/134141967 Look for Padlet at this adres:https://padlet.com/mmdent/MKT2144

]]> 2016-10-31 06:16:32 UTC https://padlet.com/mmdent/MKT2144/wish/134141967 mmdent https://padlet.com/mmdent/MKT2144/wish/134379715 2016-11-01 02:36:29 UTC https://padlet.com/mmdent/MKT2144/wish/134379715 https://padlet.com/mmdent/MKT2144/wish/134380556 2016-11-01 02:49:59 UTC https://padlet.com/mmdent/MKT2144/wish/134380556 https://padlet.com/mmdent/MKT2144/wish/134676584 2016-11-02 05:29:47 UTC https://padlet.com/mmdent/MKT2144/wish/134676584 https://padlet.com/mmdent/MKT2144/wish/134676626 2016-11-02 05:30:43 UTC https://padlet.com/mmdent/MKT2144/wish/134676626 https://padlet.com/mmdent/MKT2144/wish/134676639 2016-11-02 05:30:55 UTC https://padlet.com/mmdent/MKT2144/wish/134676639 https://padlet.com/mmdent/MKT2144/wish/134676661 2016-11-02 05:31:24 UTC https://padlet.com/mmdent/MKT2144/wish/134676661 https://padlet.com/mmdent/MKT2144/wish/134676672 2016-11-02 05:31:37 UTC https://padlet.com/mmdent/MKT2144/wish/134676672 https://padlet.com/mmdent/MKT2144/wish/134676674 2016-11-02 05:31:40 UTC https://padlet.com/mmdent/MKT2144/wish/134676674 https://padlet.com/mmdent/MKT2144/wish/134676696 2016-11-02 05:32:26 UTC https://padlet.com/mmdent/MKT2144/wish/134676696 https://padlet.com/mmdent/MKT2144/wish/134676707 2016-11-02 05:32:44 UTC https://padlet.com/mmdent/MKT2144/wish/134676707 https://padlet.com/mmdent/MKT2144/wish/134676714 2016-11-02 05:32:57 UTC https://padlet.com/mmdent/MKT2144/wish/134676714 https://padlet.com/mmdent/MKT2144/wish/134676734 2016-11-02 05:33:22 UTC https://padlet.com/mmdent/MKT2144/wish/134676734 https://padlet.com/mmdent/MKT2144/wish/134676735 2016-11-02 05:33:27 UTC https://padlet.com/mmdent/MKT2144/wish/134676735 https://padlet.com/mmdent/MKT2144/wish/134676741 2016-11-02 05:33:35 UTC https://padlet.com/mmdent/MKT2144/wish/134676741 https://padlet.com/mmdent/MKT2144/wish/134676765 2016-11-02 05:34:30 UTC https://padlet.com/mmdent/MKT2144/wish/134676765 https://padlet.com/mmdent/MKT2144/wish/134676781 2016-11-02 05:35:02 UTC https://padlet.com/mmdent/MKT2144/wish/134676781 https://padlet.com/mmdent/MKT2144/wish/134676899 2016-11-02 05:37:19 UTC https://padlet.com/mmdent/MKT2144/wish/134676899 https://padlet.com/mmdent/MKT2144/wish/134676969 2016-11-02 05:38:42 UTC https://padlet.com/mmdent/MKT2144/wish/134676969 https://padlet.com/mmdent/MKT2144/wish/134678626 https://www.linkedin.com/in/kong-san-wong
https://www.linkedin.com/in/kong-san-wong
Might be a good idea to create your own Linked In profile too !]]> 2016-11-02 06:15:26 UTC https://padlet.com/mmdent/MKT2144/wish/134678626 https://padlet.com/mmdent/MKT2144/wish/136296691 What is the formula for Efficiency?
Benetton's Postponement tactic
What is an Aquaduct?
EDI?
Tracing
Black Swan
Disintermediation
SKU
Lean or Agile ?
Off Price Retailer?

]]> 2016-11-09 04:39:28 UTC https://padlet.com/mmdent/MKT2144/wish/136296691 https://padlet.com/mmdent/MKT2144/wish/136300928 It depends]]> 2016-11-09 05:33:40 UTC https://padlet.com/mmdent/MKT2144/wish/136300928 https://padlet.com/mmdent/MKT2144/wish/136301044 An unexpected event]]> 2016-11-09 05:35:43 UTC https://padlet.com/mmdent/MKT2144/wish/136301044 https://padlet.com/mmdent/MKT2144/wish/136301073 Removing the middle person - > lower cost & higher efficiency]]> 2016-11-09 05:36:12 UTC https://padlet.com/mmdent/MKT2144/wish/136301073 https://padlet.com/mmdent/MKT2144/wish/136301076 Computer to computer exchange of business documents in a standard Electronic format between business partners. ]]> 2016-11-09 05:36:13 UTC https://padlet.com/mmdent/MKT2144/wish/136301076 https://padlet.com/mmdent/MKT2144/wish/136301100 2016-11-09 05:36:36 UTC https://padlet.com/mmdent/MKT2144/wish/136301100 https://padlet.com/mmdent/MKT2144/wish/136301102 A conduit or artificial channel for conducting water from a distance usually by means of gravity ]]> 2016-11-09 05:36:37 UTC https://padlet.com/mmdent/MKT2144/wish/136301102 https://padlet.com/mmdent/MKT2144/wish/136301121 2016-11-09 05:37:00 UTC https://padlet.com/mmdent/MKT2144/wish/136301121 https://padlet.com/mmdent/MKT2144/wish/136301123 2016-11-09 05:37:03 UTC https://padlet.com/mmdent/MKT2144/wish/136301123 https://padlet.com/mmdent/MKT2144/wish/136301137 Selling in low price - off season/over produced goods]]> 2016-11-09 05:37:23 UTC https://padlet.com/mmdent/MKT2144/wish/136301137 https://padlet.com/mmdent/MKT2144/wish/136301183 LAY OFF MIDDLEMAN]]> 2016-11-09 05:38:06 UTC https://padlet.com/mmdent/MKT2144/wish/136301183 https://padlet.com/mmdent/MKT2144/wish/136301222 Stock keeping unit]]> 2016-11-09 05:38:48 UTC https://padlet.com/mmdent/MKT2144/wish/136301222 https://padlet.com/mmdent/MKT2144/wish/136301264 2016-11-09 05:39:25 UTC https://padlet.com/mmdent/MKT2144/wish/136301264 https://padlet.com/mmdent/MKT2144/wish/136301442 2016-11-09 05:41:52 UTC https://padlet.com/mmdent/MKT2144/wish/136301442 https://padlet.com/mmdent/MKT2144/wish/136301531 2016-11-09 05:43:00 UTC https://padlet.com/mmdent/MKT2144/wish/136301531 https://padlet.com/mmdent/MKT2144/wish/136302458 2016-11-09 06:00:12 UTC https://padlet.com/mmdent/MKT2144/wish/136302458 https://padlet.com/mmdent/MKT2144/wish/136303152 2016-11-09 06:12:31 UTC https://padlet.com/mmdent/MKT2144/wish/136303152 https://padlet.com/mmdent/MKT2144/wish/136303485 2016-11-09 06:18:07 UTC https://padlet.com/mmdent/MKT2144/wish/136303485 https://padlet.com/mmdent/MKT2144/wish/136303628 2016-11-09 06:19:48 UTC https://padlet.com/mmdent/MKT2144/wish/136303628 https://padlet.com/mmdent/MKT2144/wish/136303703 2. Types of supple chain risk
3. Mitigation and management
With examples]]> 2016-11-09 06:20:51 UTC https://padlet.com/mmdent/MKT2144/wish/136303703 https://padlet.com/mmdent/MKT2144/wish/136303857 -what is supply chain risk?
- recent news highlight about increased risks. (Examples)
-how to manage and avoid
-why is it important in the supply chain


]]> 2016-11-09 06:22:21 UTC https://padlet.com/mmdent/MKT2144/wish/136303857 https://padlet.com/mmdent/MKT2144/wish/136303865 how to manage scr
( avoid, reduce, retain, transfer)
Avoid( delay entering the market/ diff suppliers)
Transfer( outsourcing/ off shoring)

]]> 2016-11-09 06:22:26 UTC https://padlet.com/mmdent/MKT2144/wish/136303865 https://padlet.com/mmdent/MKT2144/wish/136608872 good morning Michael

]]> 2016-11-10 01:31:42 UTC https://padlet.com/mmdent/MKT2144/wish/136608872 https://padlet.com/mmdent/MKT2144/wish/140712728 2016-11-30 04:57:47 UTC https://padlet.com/mmdent/MKT2144/wish/140712728 https://padlet.com/mmdent/MKT2144/wish/166026720 2017-04-12 07:22:18 UTC https://padlet.com/mmdent/MKT2144/wish/166026720 https://padlet.com/mmdent/MKT2144/wish/166027015 Agile : being flexible in volatile market
Lean :  cutting costs making the most out of limited resources, use time efficiently and effectively

]]> 2017-04-12 07:25:35 UTC https://padlet.com/mmdent/MKT2144/wish/166027015 https://padlet.com/mmdent/MKT2144/wish/166027131 2017-04-12 07:26:39 UTC https://padlet.com/mmdent/MKT2144/wish/166027131 https://padlet.com/mmdent/MKT2144/wish/166027135 Agility is important as volality and unpredictable demand become norm]]> 2017-04-12 07:26:40 UTC https://padlet.com/mmdent/MKT2144/wish/166027135 https://padlet.com/mmdent/MKT2144/wish/166027160 Agility ]]> 2017-04-12 07:27:01 UTC https://padlet.com/mmdent/MKT2144/wish/166027160 https://padlet.com/mmdent/MKT2144/wish/166027258 4 components - 
 1) virtual supply chain is information based . 
2) mkt sensitive means the real demand of the market 
3) process integration - cooperation between all links in the supply chain. Eg: supplier , buyers  
4) network based -  leverage on companys core competencies and partners to achieve advantage ]]> 2017-04-12 07:28:02 UTC https://padlet.com/mmdent/MKT2144/wish/166027258 https://padlet.com/mmdent/MKT2144/wish/166027293 Decoupling point is the point at which real demand penetrates upstream in a supply chain]]> 2017-04-12 07:28:24 UTC https://padlet.com/mmdent/MKT2144/wish/166027293 https://padlet.com/mmdent/MKT2144/wish/166027305 a]]> 2017-04-12 07:28:29 UTC https://padlet.com/mmdent/MKT2144/wish/166027305 https://padlet.com/mmdent/MKT2144/wish/166027314 agility is needed in low predictable environments where demand is volatile and ]]> 2017-04-12 07:28:31 UTC https://padlet.com/mmdent/MKT2144/wish/166027314 https://padlet.com/mmdent/MKT2144/wish/166027465 2017-04-12 07:29:58 UTC https://padlet.com/mmdent/MKT2144/wish/166027465 https://padlet.com/mmdent/MKT2144/wish/166027503 There are two decoupling points 
1)material,2)information 


]]> 2017-04-12 07:30:18 UTC https://padlet.com/mmdent/MKT2144/wish/166027503 https://padlet.com/mmdent/MKT2144/wish/166027592 Hybrid strategy can make the partnership more stable and reduce product complexity ]]> 2017-04-12 07:31:05 UTC https://padlet.com/mmdent/MKT2144/wish/166027592 https://padlet.com/mmdent/MKT2144/wish/166027601 A truly agile supply chain is market sensitive, virtual, process integration and network based]]> 2017-04-12 07:31:11 UTC https://padlet.com/mmdent/MKT2144/wish/166027601 https://padlet.com/mmdent/MKT2144/wish/166027619 Postponement is a vital element in any agile strategy]]> 2017-04-12 07:31:20 UTC https://padlet.com/mmdent/MKT2144/wish/166027619 https://padlet.com/mmdent/MKT2144/wish/166027640 hi darren may i know you ? ]]> 2017-04-12 07:31:33 UTC https://padlet.com/mmdent/MKT2144/wish/166027640 https://padlet.com/mmdent/MKT2144/wish/166027693 2.agile supply chain is market sensitive, which mean the capable of reading and response the real market very efficient. 
3.key to achieve agile to response in this fast changing market is quality of supplier relationships. 
4. 2 decoupling point: material, information
5. The most important prerequisite for leveraging supplier relation is the need for a high level of 'connectivity' between the firm and it's strategic suppliers. ]]> 2017-04-12 07:32:02 UTC https://padlet.com/mmdent/MKT2144/wish/166027693 https://padlet.com/mmdent/MKT2144/wish/166027819
2. Lean. 
- JIT, zero inventory 
-high volume, low predicable , low variety


3. Decoupling- postponent concept
-low stock keeping 
-flexibility greater 
-forecast easier ]]> 2017-04-12 07:33:13 UTC https://padlet.com/mmdent/MKT2144/wish/166027819 https://padlet.com/mmdent/MKT2144/wish/166027845 2017-04-12 07:33:26 UTC https://padlet.com/mmdent/MKT2144/wish/166027845 https://padlet.com/mmdent/MKT2144/wish/166027848 P or me ? ]]> 2017-04-12 07:33:28 UTC https://padlet.com/mmdent/MKT2144/wish/166027848 https://padlet.com/mmdent/MKT2144/wish/166027866 Add me on Fb: lee phei chuen ]]> 2017-04-12 07:33:37 UTC https://padlet.com/mmdent/MKT2144/wish/166027866 https://padlet.com/mmdent/MKT2144/wish/166027894 2017-04-12 07:33:50 UTC https://padlet.com/mmdent/MKT2144/wish/166027894 https://padlet.com/mmdent/MKT2144/wish/166028087 2017-04-12 07:35:44 UTC https://padlet.com/mmdent/MKT2144/wish/166028087 https://padlet.com/mmdent/MKT2144/wish/166028150 NCW 8801 Honda Jazz Hybrid for sale. Pm me for more details.]]> 2017-04-12 07:36:24 UTC https://padlet.com/mmdent/MKT2144/wish/166028150 shanethelee https://padlet.com/mmdent/MKT2144/wish/166028152 1)Agility is a business structure that embraces organizational structure, information systems and logistic processes, which emphasizes flexibility, 
2)agility and flexibility is not to be confused with lean production 

3)lean production is in essence doing more with less, and ideal in low variety high sales markets. Lean may be a part of agility but on its own does not constitute agility. Lean style performs poorly in high variety low volume. 

4)JIT and having less money tied up in keeping parts of production is pointless if it takes 2 weeks or more to get the product to the customer.
5)certain situations where there is a mixed portfolio of products and markets will call for a hybrid supply chain


]]> 2017-04-12 07:36:24 UTC https://padlet.com/mmdent/MKT2144/wish/166028152 https://padlet.com/mmdent/MKT2144/wish/166028452 Bullwhip effect can be reduced by managing decoupling point ]]> 2017-04-12 07:39:26 UTC https://padlet.com/mmdent/MKT2144/wish/166028452 jiawen_princess https://padlet.com/mmdent/MKT2144/wish/166028485 2017-04-12 07:39:41 UTC https://padlet.com/mmdent/MKT2144/wish/166028485 jiawen_princess https://padlet.com/mmdent/MKT2144/wish/166028542 2017-04-12 07:40:12 UTC https://padlet.com/mmdent/MKT2144/wish/166028542 https://padlet.com/mmdent/MKT2144/wish/166028584 Hi]]> 2017-04-12 07:40:35 UTC https://padlet.com/mmdent/MKT2144/wish/166028584 https://padlet.com/mmdent/MKT2144/wish/166029044 2017-04-12 07:45:22 UTC https://padlet.com/mmdent/MKT2144/wish/166029044 https://padlet.com/mmdent/MKT2144/wish/166029251 Best diagram ables to interpret and explain all relevant information in it clearly. ]]> 2017-04-12 07:47:16 UTC https://padlet.com/mmdent/MKT2144/wish/166029251 https://padlet.com/mmdent/MKT2144/wish/166033778 1. In order to compete in volatile markets, agility and leaness is needed.
2.A good supply chain may be important, but agility is more important.
3. Material decoupling point- lie downstream and close to the final market , Information decoupling point-lie upstream on real final demand.
4. Team based management improve organisational agility.
5. The larger the company, the more complex it is.]]> 2017-04-12 08:31:30 UTC https://padlet.com/mmdent/MKT2144/wish/166033778 https://padlet.com/mmdent/MKT2144/wish/166033875 Build good relationship with multiple links

]]> 2017-04-12 08:32:30 UTC https://padlet.com/mmdent/MKT2144/wish/166033875 https://padlet.com/mmdent/MKT2144/wish/166033915 1)postponement- customisation does not take place until the final market destination is known.
2)Agility is skewed towards flexibility however lean is very much emphasised on constant situation 

]]> 2017-04-12 08:32:50 UTC https://padlet.com/mmdent/MKT2144/wish/166033915 https://padlet.com/mmdent/MKT2144/wish/166033971 Supply chain strategy designed with agility instead of using more of lean because the market keep changing. ]]> 2017-04-12 08:33:21 UTC https://padlet.com/mmdent/MKT2144/wish/166033971 benjaminngyleang1 https://padlet.com/mmdent/MKT2144/wish/166034032 2017-04-12 08:33:46 UTC https://padlet.com/mmdent/MKT2144/wish/166034032 https://padlet.com/mmdent/MKT2144/wish/166034157 Postponement = agile strategy ]]> 2017-04-12 08:35:00 UTC https://padlet.com/mmdent/MKT2144/wish/166034157 benjaminngyleang1 https://padlet.com/mmdent/MKT2144/wish/166034824 2017-04-12 08:42:01 UTC https://padlet.com/mmdent/MKT2144/wish/166034824 benjaminngyleang1 https://padlet.com/mmdent/MKT2144/wish/166034961 As company grows in terms of product complexity , the agility of the company is reduced ]]> 2017-04-12 08:42:48 UTC https://padlet.com/mmdent/MKT2144/wish/166034961 benjaminngyleang1 https://padlet.com/mmdent/MKT2144/wish/166035052 2017-04-12 08:43:51 UTC https://padlet.com/mmdent/MKT2144/wish/166035052 benjaminngyleang1 https://padlet.com/mmdent/MKT2144/wish/166035137 2017-04-12 08:44:33 UTC https://padlet.com/mmdent/MKT2144/wish/166035137 https://padlet.com/mmdent/MKT2144/wish/166943315 2017-04-19 07:37:05 UTC https://padlet.com/mmdent/MKT2144/wish/166943315 https://padlet.com/mmdent/MKT2144/wish/166943589
2) u Can buy perfume through online by smelling the smell of the perfume in front of the computer .

3) supermarket become E supermarket 
-no supermarket anymore 
-we just buy our thing through an app and deliver the things to every consumer house
 
4）there is auto drive systems in the future (plane,  car train)  to reduce plane crash car crash 



]]> 2017-04-19 07:38:40 UTC https://padlet.com/mmdent/MKT2144/wish/166943589 https://padlet.com/mmdent/MKT2144/wish/166943688 2017-04-19 07:39:10 UTC https://padlet.com/mmdent/MKT2144/wish/166943688 https://padlet.com/mmdent/MKT2144/wish/166944192 Use drone - for last mile delivery ( amazon has plan to do it ) 
Mobile app - uberization for tracking (mobile app to watch truck drivers to shipper needs and rates routes and schedules 
Society - prices could change multiple time in one hour ( dynamic pricing ) ]]> 2017-04-19 07:41:38 UTC https://padlet.com/mmdent/MKT2144/wish/166944192 https://padlet.com/mmdent/MKT2144/wish/166944277 1. drone - a small plane that delivers goods to customers in a short time 
2. Instant delivery - set up different delivery point at certain region. 
3. Share town - Sharing goods in a residence area]]> 2017-04-19 07:42:06 UTC https://padlet.com/mmdent/MKT2144/wish/166944277 https://padlet.com/mmdent/MKT2144/wish/166944513 Social
-Less human interaction
-Robots will be replacing workers
-The Earth will be more populated due to supply chain management
Technology
-Everything online, highly dependent to logistics
-RFID
-3D printing (on the spot to receive product)]]> 2017-04-19 07:43:12 UTC https://padlet.com/mmdent/MKT2144/wish/166944513 https://padlet.com/mmdent/MKT2144/wish/166945359 Hello my name is Chew Chun Ying and i drive a Honda Jazz Hybrid NCW 8801]]> 2017-04-19 07:48:12 UTC https://padlet.com/mmdent/MKT2144/wish/166945359 https://padlet.com/mmdent/MKT2144/wish/166945492 2017-04-19 07:49:02 UTC https://padlet.com/mmdent/MKT2144/wish/166945492 https://padlet.com/mmdent/MKT2144/wish/166945853 Peijun 好男人]]> 2017-04-19 07:51:15 UTC https://padlet.com/mmdent/MKT2144/wish/166945853 https://padlet.com/mmdent/MKT2144/wish/166946349 2017-04-19 07:54:32 UTC https://padlet.com/mmdent/MKT2144/wish/166946349 https://padlet.com/mmdent/MKT2144/wish/166954429 2017-04-19 08:47:33 UTC https://padlet.com/mmdent/MKT2144/wish/166954429 mmdent https://padlet.com/mmdent/MKT2144/wish/176952533 2017-06-20 08:22:56 UTC https://padlet.com/mmdent/MKT2144/wish/176952533 https://padlet.com/mmdent/MKT2144/wish/176953710 Internet retailing is likely to grow in prominence to boost overall growth in retailing as consumers migrate towards this channel in search of greater convenience and a wider variety of products.]]> 2017-06-20 08:34:27 UTC https://padlet.com/mmdent/MKT2144/wish/176953710 https://padlet.com/mmdent/MKT2144/wish/176953715 Increasing numbers of consumers purchasing products and brands not available in the country from online retailers based overseas thus third party merchants accounted for 41% of sales in the channel value. ]]> 2017-06-20 08:34:32 UTC https://padlet.com/mmdent/MKT2144/wish/176953715 https://padlet.com/mmdent/MKT2144/wish/176953881 High traffic congestion in crowded major cities such as Kuala Lumpur and Malacca during the year saw consumers choosing to purchase from internet retailers in order to avoid being caught in traffic jams. ]]> 2017-06-20 08:36:19 UTC https://padlet.com/mmdent/MKT2144/wish/176953881 https://padlet.com/mmdent/MKT2144/wish/176954078 2. import more foreign brands by improving their product portfolio to cater the needs of consumers.
3. retailing is expected to record positive growth over the forecast period, although at the slower pace compared to the review period.
4. consumers migrate towards online retailing in order to have greater convenience and gain a wider variety products.
5. high traffic congestion leads consumer to purchase from the internet retailer to avoid being caught in traffic jams.]]> 2017-06-20 08:38:23 UTC https://padlet.com/mmdent/MKT2144/wish/176954078 https://padlet.com/mmdent/MKT2144/wish/176954178 The ability to purchase items that are not present in stores in Malaysia set to be a key growth driver and internet retailing is likely to be a long term trend as consumers favoring internet for its convenience . ]]> 2017-06-20 08:39:12 UTC https://padlet.com/mmdent/MKT2144/wish/176954178 https://padlet.com/mmdent/MKT2144/wish/176954453 1. Convenience of internet retailing by avoiding traffic congestion and having the priviledge of home delivery services
2. Consumers preferable product not in Malaysia
3. Greater confidence in online payment security
4. Grocery retailers slowed down expansion or close down]]> 2017-06-20 08:40:44 UTC https://padlet.com/mmdent/MKT2144/wish/176954453 https://padlet.com/mmdent/MKT2144/wish/176954798 2. Internet retailing is likely to grow (can attract consumers to purchase a wide variety of items from online stores).
Eg: lazada, Alibaba, 11street, tabao ]]> 2017-06-20 08:43:07 UTC https://padlet.com/mmdent/MKT2144/wish/176954798 https://padlet.com/mmdent/MKT2144/wish/176955297 2. Availability of international products and variety of products
3.consumer behaviour( high purchase power - preference international brands ]]> 2017-06-20 08:46:44 UTC https://padlet.com/mmdent/MKT2144/wish/176955297 https://padlet.com/mmdent/MKT2144/wish/176956275 2017-06-20 08:54:28 UTC https://padlet.com/mmdent/MKT2144/wish/176956275 https://padlet.com/mmdent/MKT2144/wish/176956950 Chun ying fuze club ambassador]]> 2017-06-20 08:59:46 UTC https://padlet.com/mmdent/MKT2144/wish/176956950