Wednesday, February 19, 2020

Case Study Summary Essay Example | Topics and Well Written Essays - 1000 words

Case Study Summary - Essay Example Most of the processes are automated, but there is a need for human intervention for checking the system. This translated into the scenario where unexpected demand or troubles with the equipments caused inventory management and customer service problems. The year of 1999 was very difficult due to weak international economies, a shortened demand, over-capacity, and a squeeze on prices and margins. So the people at Eastman Chemical Company set the goal of better customer service, lowering operating costs, improving plant performance, and reducing inventory costs. There was a clear need for improving the supply chain planning processes. The solution for Eastman Chemical Company was to implement agile demand planning, agile production scheduling, and efficient distribution of inventories. (Ng, 2002: pp. 1-3). Eastman was the first chemical enterprise to do business online. Eastman was an early adopter of the Internet as an excellent medium of information for leveraging its capabilities. Eastman, headquartered in Kingsport, Tennessee, United States, manufactured over 1,200 chemicals, fibers, and plastics. It was one of the top 10 global suppliers of custom-manufactured fine chemicals for pharmaceutical, agricultural, chemicals, and other markets for a wide array of consumer products. On December 5, 2001, the publication Chemical Week placed Eastman worldwide as 43rd by sales, 59th by profitability, and 29th by innovation in the global industry. As a pioneer in e-business, Eastman had the following online strategy: In July, 1999, Eastman launched its Customer Center over the Internet at eastman.com. At the core of Eastman’s e-business strategy there was the Integrated System Solution (ISS) as the technical architecture for implementing the necessary interconnectivity at the supply chain level. By the year of 2001, Eastman was making about 30% of its sales through eastman.com, eastamanmarketplace.com, online marketplaces, EDI and ISS as its

Tuesday, February 4, 2020

Dubai is an example of modernity Essay Example | Topics and Well Written Essays - 2000 words - 1

Dubai is an example of modernity - Essay Example With the discovery of oil in 1966, coupled with the vision on leadership of His Highness Sheikh Rashid bin Saeed Al Maktoum, Dubai quickly expanded in the latter half of the 20th and early part of the 21st centuries to become one of the world’s foremost tourist destinations with world class hotels, entertainment, shopping, and sporting events. Dubai stands out today as a model in the Middle East for a modern, sophisticated Muslim society, steeped in tradition, but always striding forward with an eye to the future and leading the Middle East and the world in attracting businesses with a world-class cultural and economic base. It has thus become in international city with economic and cultural impact far beyond its borders. Prior to 1833, there was little that existed on the Saudi Arabian peninsula but a finger of desert separating the Gulf of Oman and the Persian Gulf. All that existed in this small peninsular area was a creek, which was settled by some 800 members of the Bani Yas tribe, led by the Maktoum Family (Government of Dubai). As a natural harbor, the creek allowed the Maktoum Family to utilize its resources for fishing, pearling, and trade. In 1835, Dubai and the rest of the small states in the region signed a â€Å"Perpetual Maritime Truce† with Great Britain, allowing it to come under the protection of the UK. (Dubai City Guide). Unlike its neighbors, Dubai stood out with its welcoming attitude and fostering of trade and commerce, led by the rulers from the founding Maktoum Family. With the vision and leadership of Shaikh Saeed Maktoum, Daubai was encouraged to expand and look forward, toward the future, in an area which had traditionally looked toward the past. In 1892 he signed an exclusive business deal with the British and in 1894 permitted a full tax exemption for foreign traders (SkiDubai). Traders from all over the world descended on Dubai to take advantage of the