support@chatgptassignment.com
Technology in Supply Chain
Stuller SettingsStuller Settings has come a long way since 1970 when Matthew Stuller first began providinglocal jewelers with findings (components) on a friendly, timely basis.Today, Stuller Settings is one of the world’s largest manufacturers and distributors of finejewelry-related products, providing more than 300,000 different items to the trade. Stullerprovides just-in-time delivery to its account base of more than 50,000 jewelers throughout NorthAmerica, and the world. Stuller has been able to ensure a 99% line item fill rate by managing itsoperations with inventory planning and optimization models.Through its innovative manufacturing and distribution techniques, Stuller has become known asthe premier just-in-time supplier to the industry. The company operates in nearly 200,000square feet of manufacturing and administrative facilities at its headquarters in Lafayette,Louisiana, with additional manufacturing facilities in Chattanooga, Tennessee. To improve itssourcing of diamonds and colored stones, Stuller has established buying offices in Tel Aviv inIsrael, Bangkok, and Thailand and entered into cooperative agreement in Bombay, India.Stuller has also opened jewelry service centers in Houston, Los Angeles, Seattle, Miami,Chicago, Philadelphia, Atlanta, and Toronto to serve retail jewelers in those major metropolitanareas.Our industry reputation is based on next day delivery of virtually everything needed to supplyyour local jeweler. Being in stock is not just a financial decision, but a strategic one.Assignment Overview:Based on the information available from Stuller Settings (refer to above), students will berequired to provide recommendation and analysis on potential technology-based solutions thatmay assist in optimizing Stuller Settings supply chain in support of their mission and businessstrategy (Just-in-time).Questions:1. Outline warehouse-based technology systems (software, equipment, etc.) that may beadapted into Struller Setting global distribution network and warehouses. Include 2-3examples of technologies that may be suggested for integration and their benefits, aswell as any potential negatives to the technology. Students should also includeexamples of manufacturers that the technology may be sourced from and anyassociated makes/models.2. Outline transportation/logistical technology systems (software, equipment, etc.) that maybe adapted into Struller Setting global supply chain (inbound and outbound shipments).Include 2-3 examples of technologies that may be suggested for integration and theirbenefits, as well as any potential negatives to the technology. Students should alsoinclude examples of manufacturers that the technology may be sourced from and anyassociated makes/models.3. Outline information-based technology systems (software, equipment, etc.) that may beadapted into Struller Setting global offices to support their sourcing and administrativerequirements. Include 2-3 examples of technologies that may be suggested forintegration and their benefits, as well as any potential negatives to the technology.Students should also include examples of manufacturers that the technology may besourced from and any associated makes/models.