Supply Chain Management Nike

Oktober 05, 2021 Posting Komentar

In past Nike has courted several controversies over its supply chain practices related to labor welfare. NKE is a major publicly traded sportswear and equipment supplier based in the United States.

Nike Collaborating For A Sustainable Supply Chain Sustainable Supply Chain Global Supply Chain Management Supply Chain

In an earnings call Matt Friend executive vice.

Supply chain management nike. By 2001 Nike had installed the system with the cost of 400 million. The NSC Nike Supply Chain project was a project to rollout an integrated ERP system from SAP and customer relationship management CRM software from Siebel Systems. By analyzing the business plan of Nike we can see how their supply chain is set up as is illustrated above.

Supply Chain Management of Nike. As a part of its supply chain management strategy the focus is on quality and long term agreements. With a proper supply chain management Nike can buy material which are used for producing products at a lower rate so that the expenses for production will not increase and then sell the product at a higher rate with this Nike will increase the profits Coyle and etal 2012.

Outsourcing to save costs. 2 Technologies was a supply chain management software and services company with software designed to improve the management of inventory production shipping and sales forecasting I2 Technologies. The head office of Nike Inc.

In the recent years it has seriously focused on sustainability and in this regard is working to reduce its environmental impact. Nike now strives to have strong relationships with their suppliers and take an active role in monitoring their factories. It includes selecting and contacting the right suppliers for the right goods and services.

Is a sporting goods manufacturer who engaged in design development and marketing of sportswear equipment and accessories. The original Nike Inc Blue Ribbon Sport was stated by Bill Bowerman. Nike spent 400 million to upgrade its supply chain management system i2 Debacle developed demand management system in-house.

Was located near Beaverton Oregon USA. The supply chain is very important for the transfer of their goods from the supplier of raw materials to a manufacturer then to a distributer then to a retailer to then be available for the customer. Nike decided to adopt a supply chain management system from i2 a major competitor in the field of ERP systems.

Nike has a global procurement team to manage the procurement part of its supply chain management. Supply Chain Management Description of Nike Company Nike Inc. Nike has said port congestion delayed inventory supply and held back the companys growth in North America.

Demand forecasting was one of the biggest issues. However due to the supply chain bottleneck caused by the global container shortage and port congestion in the United States the shipment of Nike known as lean production was delayed for more than three weeks resulting in the decline of wholesale business inventory of US 67 billion and the revenue in North America decreased by 11. Nike has a strong network of retailers in 200 countries world wide through distributors licensees and subsidiaries.

Nike should look at building a customer centric data delivery system Nike should look at using a centralised decision support technology which helps in strategic supply chain planning and a tactical order management system where the orders are recorded and the orders could be prioritised s. Once you set your supply chain up for success you need to keep it going. Demand for a number of products and locations was either overestimated or underestimated.

To manage relationships Nike has both a global and regional vendor management team as output volume increases Nike dont expand the number of suppliers but increase the volume of business they do with each supplier Field 2003a. Our efforts concentrate onensuring efficient transport security and safety of NIKE Inc. Regular audits and re-evaluating performance criteria can help you to achieve this.

Nikes lean supply chain saves the company 015 per unit compared to a traditional distribution model. In addition we advocate for policies thathelp to ensure that NIKE Incs supply chain - from factory to consumer -operates in a manner that considers both people and the environment ateach step of the way. Its manufacturing network consists of over 700 factories in 42 countries.

However the system failed. Value Added Network VAN To run their supply chain Nikes uses HP servers this technology helps Nike review its supply chain past performance monitor current performance and predict when and how. Nikes supply chain functions around three core organizational principles.

Diversification to minimize risk. Given all of these logistical challenges it is impressive that Nike was able to generate 37 billion in sales and a 25 billion profit during its most recent fiscal year. And corporate social responsibility to manage its impact on the world it works inUnder focused and experienced management its supply chain has grown from these principles into one of the most effective and responsible large international supply chains.

The company said revenue dropped 10 in North America in the three months to 28 February 2021 due to supply chain challenges which included global container shortages and US port congestion. Developed partners volume producers and developing sources Donaghu Barff 1990. For a company that moves over 900 million units per year these savings amount to a serious competitive edge.

This makes Nike highly dependent on southeast Asia for its products and a major disruption eg a tsunami could wreak havoc on Nikes supply chain. The company is headquartered near Beaverton Oregon which is part of the Portland metropolitan area. The key to Nikes efficiency is its low overhead manufacturing costs.

It is why it made its focus on ethical supply chain practices stronger. NIKE moved 900 million units through its supply chain last year. Productsthroughout the supply chain.

Nikes supply chain technology consists of Electronic Data Interchange EDI which transmits the data between different companies using networks such as VAN or the Internet. The Nike production system can be stratified into three classes.

Nike Cr Report Sustainable Business How To Increase Energy Sustainability

Nike Cr Report Sustainable Business Sustainability Innovation

Nike Supply Chain Management Supply Chain Management Chain Management Supply Chain

Nike Cr Report Sustainable Business How To Increase Energy Sustainability

Responsible Supply Chain Milestones Nike And Apple Supply Chain Business Process No Response

Adidas Profit On A 100 Shoe Running Shoes Running Marketing

Services I Co Sustainable Supply Chain Circular Economy Textile Industry

Supply Chain Management System In Apparel Industry Textile Merchandising Supply Chain Management Supply Chain Business Law

The New York Times Business Image Sales And Marketing Brand Business

Org Chart Highlighting Visualizing The Organizational Structure Of Nike Click On The Image To Use As A Organizational Chart Org Chart Organizational Structure