Hunt Company Case Study

             Studies show that the process involved in filling a retail shop shelf is a long process and encompasses more than what most people know about production. The supply chain includes a number of cooperative functions which are commonly undertaken by the supply chain members (Monczka, 2010). Facts show that a supply chain includes consumption and procurement management that deals with purchasing raw materials for the manufacture of finished products. A team is responsible for selecting and negotiating or rather talking out suppliers in order to attain the desired production cost. Additionally, a supply chain involves the setting of credit terms and the determination of plant capacity as well as scheduling of production (Coyle & Coyle, 2009). Apart from that, it also puts into consideration the aspect of collaborative product design whose aim is to coming up with the company's desired components to be used in making or building a product.
             Of late, most companies have come to claim that some of the platforms and statistics applied in making the crucial decisions in their supply chain and shipping functions are breeding intrinsic problems for their company's well-being (Waters & Chartered Institute, 2007). In fact, a number of them have gone ahead to make major changes in those platforms, in view of saving their supplying abilities. Prospects maintain that supply chain shipping and receiving functions' problems can emanate from any part or section of the entire process, hence keeping advent attention in every aspect of the whole process is substantial. A closer out look into Hunt Company's supply chain shipping and receiving functions depict that one of the serious problems facing this company's supply chain shipping and receiving functions is the use of outdated information while making core decisions (Coyle & Coyle, 2009). Irrespective of the fact that Hunt Company has been in operation since 1934 when H.L Hunt founded the business, resea...

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Hunt Company Case Study. (1969, December 31). In MegaEssays.com. Retrieved 02:56, April 19, 2024, from https://www.megaessays.com/viewpaper/204425.html