Factory Gate pricing Essay Example | Topics and Well Written Essays - 1750 words

Factory Gate pricing - Essay Example either directly to the stores or to his retail ware houses. The retail got the finished goods at reduced prices than before. Prior to the implementation of the FGP the supplier used to incur the transportation costs and the retailers the inventory costs at the warehouses. The factory gate pricing give the option to reduce the investment cost on maintaining the inventory for the distribution centre at times as the retailer will have he option to transport the goods directly to the shops. The retailer has the option of making the entire supply chain operations under one roof. FGP brings the control of primary transportation from the factory to distribution centers and inventory into one hand which likely leads to generate cost savings operations. In addition FGP offers two other sources for savings. Firstly, retailers generally have a vast product range for which they can make the transportation-inventory trade-off at one point of time. The orders from different suppliers that are located close to each other may be synchronized in time, such that they can be combined in the same vehicle route. Secondly, under FGP, primary and secondary distribution can be integrated and can be handled by one single entity. The supply chain initiative can be improved by optimizing the usage of space by the retailer by using the same vehicle to deliver the goods to the shop and to the distribution centre on one single trip.Significance of factory gate pricing The significance of FGP is that it removes traditional geographic transport boundaries where an assigned logistics provider controls all vehicle movement within a particular region for a... The significance of FGP is that it removes traditional geographic transport boundaries where an assigned logistics provider controls all vehicle movement within a particular region for a retailer. Better vehicle utilization as suppliers shares vehicles in order to reduce costs by sharing the space with the vehicles. Removal of uneconomical vehicle movements through combining additional products from different sources to ensure every lorry is full when it sets out on its delivery route. Benefits of implementing factory gate pricing. The benefits of factory gate pricing are Effective Transportation as the retailer is involved with the supplier and the time for transportation reduces to a considerable extent. Effective transportation may lead to Improved Availability of the goods in the stores and sustainable stock can be maintained in the shops. The decrease in transport costs leads to reduced prices on the finished goods. Environmentally it will be a positive aspect as the vehicles wi ll fully carry the goods of different supplier thus reducing the repeat trips to the same route thus reducing the vehicular traffic which results in reduced air pollution. Collaborative Planning, Forecasting and Replenishment â€Å"CPFR is the sharing of forecasts and related business information among business partners in the supply chain to enable automatic product replenishment†. CPFR is designed to link the supply and demand processes allowing for a more consumer driven supply chain. CPFR aims to seamlessly link the industry from manufacturer to consumer.

Research Paper Example | Topics and Well Written Essays - 750 words

Research Paper Example The essays from McArdle, the Scientific American, and Sharma opened my eyes to the urgency of research on and policymaking regarding superbugs. I chose the topic of writing a policy that urges the government to provide financial incentives for antibiotic research, controls how healthcare workers prescribe antibiotics, bans the use of antibiotics for non-related applications in the agricultural sector, and prohibits the sale of over-the-counter antibiotics. My research questions are: How did superbugs develop? What are the current effects of superbugs on society? What can stakeholders do to prevent the development of superbugs and to resolve the national and global health issue of drug resistance? The starting points of my research are the essays from McArdle, the Scientific American, and Sharma, wherein McArdle gives an overview of the superbug problem and offers potential economic and legislative solutions. If the government and other stakeholders do not do anything about this probl em, bacterial infection will rise, and this will afflict and kill many people. At the same time, antibacterial medication prices will increase, which will prevent low-income people from receiving treatment that will help them survive drug-resistant diseases. To know more about the effects of superbugs on society and their historical development, I used the keywords â€Å"superbug drug resistance† in searching for relevant articles in EBSCOHost databases. I limited the publication years to 2009 to present and came up with 525 articles. I selected Walsh and Fischbach’s Scientific American article because they described the effects of methicillin-resistant Staphylococcus aureus (MRSA) on the rise of deaths in the U.S. They also explained how MRSA developed. They further explored how new scientific approaches can resolve the resistance problem. While going through hundreds of search results, I also came across Leclercq’s article. He provided an update on drug resist ance issues and the challenges in designing new antibacterial medication. Aside from McArdle, the Scientific American article from the textbook showed the connection between antibiotics and agricultural problems. While researching for the effects and development of drug-resistant bacteria, I came across a lengthy article from Lessing. Lessing provides a useful section on the history of antibiotic use in the agricultural industry, which resulted to drug-resistant bacteria that afflict human beings. She shows how the quest for increasing profits produced ill consequences for human health in general. Lessing advocates citizen action because so far, the Food and Drug Administration (FDA) and Congress have not produced meaningful legislative gains that ban antibiotic use for non-therapeutic purposes in the agricultural sector. To gain deeper knowledge on antibiotic use in agriculture, I further searched for articles using the key words â€Å"drug resistance antibiotic livestock United S tates† in EBSCOhost. I found the article from Love et al. They described the history of medicated feeds, the nature of free-choice medicated feeds (FCMF) use, and U.S. policies that tackle antimicrobial drug use in food animals. Their article is important because they balance policy considerations with agricultural realities and needs. Aside from this article, Sapkota et al.’s study captured my attention because they examined the prevalence of antibiotic-resistant