Inventory risk response

Special models and programs are developed for such purposes as health and safety management and assessment, risk analysis and assessment, emission control and detection and quality control. Such a program may, for example, help the user to keep records regarding training, chemical inventories, emergency response plans, material safety data, sheet expiry dates and so on. 

To the best of our knowledge, this chapter represents the first formal model of a drop-shipping supply chain, the practice where the retailer acquires customers while the wholesaler is responsible for fulfillment and takes inventory risk. We compare traditional supply chain structures in which the retailer both takes inventory risk and acquires customers with supply chain structures employing drop-shipping agreements. Our focus is on the supply chains in which both the retailer and the wholesaler are present. We concentrate on two cost... 

Our main interest in this chapter is to get a better understanding of inventory risk allocation issues in drop-shipping supply chains as well as the impact of power distribution between the channel entities. To keep focus and to not diffuse economic insights, we do not explicitly reflect other issues encountered in e-commerce fulfillment, since many are hard to include in a formal model. Among these issues are possible differences in transportation costs and responsiveness, coordination issues arising when multiple wholesalers are needed to fulfill a single order, and the rationing of inventory when a wholesaler serves multiple retailers. These and other issues are treated qualitatively in Randall et al. (2002). 

Supply chain visibility— According to Blackhurst et al. (2005) supply chain visibility refers to the sharing of information in real-time across the supply chain stages and among their partners. The net effect of visibility is to make the supply chain more responsive, increase availability and reduce inventory risk. For example, Dell shares customer demand information with its suppliers so that they can maintain proper inventory of needed parts. Wal-Mart shares points-of-sales (PoS) data with its suppliers so that they can forecast and plan their replenishment strategies. 

The "necessary" planning horizon for the projected sales figures which are exponentially tentative is also considerably lowered. The inventory risk is reduced disproportionately (Fig. 24). You process more and more orders in response to specific customer orders. 

Has an individual been nominated to be responsible for the maintenance of this inventory Identify a nominated individual and identify the risk category. 

The environmental impact of metallic contaminants in soils is dependent both on the chemical speciation of the metal and the response of the matrix to biological and physicochemical conditions. These factors are responsible for the mobilisation of the metal from the solid into the aqueous phase hence transport within the immediate vicinity, has an impact on the rate of dispersal, dilution, uptake and transfer into living systems. The impact of changing environmental conditions on the contaminant inventory can be to enhance or moderate these phenomena, with subsequent consequences for the broader risk assessment of the contaminants. During the last ten years, extensive research in analytical chemistry was initiated to develop highly specific and sensitive methods for measuring potentially harmful substances in various... 

Several sets of wide-reaching regulations also directly affect laboratory operations. The Clean Air Act (42 USC 7401 et seq.) regulates emissions into the air and sets specific limits on the disposal of volatiles through the fume hood system. To protect both the community and the emergency response personnel that may be put at risk by a laboratory accident, the Superfund Amendments and Reauthorization Act (SARA 42 USC 9601 et seq., 11000 et seq.) requires that inventories of hazardous chemicals be maintained and made available to the public. The Toxic Substances Control Act (TSCA 15 USC 4601 et seq.) is concerned with the manufacture, distribution, and processing of new chemicals that are unusually dangerous to health and/or the environment. 

You have a right to see the chemical inventory for your establishment. Even though your employer is responsible for maintaining the hazardous chemical inventory, employees are the ones who work near the chemicals and who should be aware of the risks involved. 

In addition to the reasons listed above, in some circumstances, it is required that you have a chemical inventory. Most communities in the United States have a Local Emergency Planning Committee (LEPC) that requires that chemical inventories be submitted, mostly for emergency response purposes. Additionally, some insurance agencies and risk management consultants will require chemical inventories. 

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