Wednesday, May 6, 2020

Supply Chain Management Paint Industry - 2389 Words

Supply Chain Management- Paint Industry By: Purvi Mehta Abstract The purpose of this paper is to outline the importance and benefits, paint industry can achieve through supply chain integration. These benefits are primarily in the area of achieving superior customer service and operating with lower working capital. A three level framework for achieving the integration has been proposed which is in the form of structural integration, process integration and performance integration. The paper also describes in detail the factors influencing paint industry working capital needs and how this integration mechanism allows the industry to exercise control over these factors. The framework has been described in the form of a case study in a†¦show more content†¦Ã¢â‚¬ ¢ Production operations, including the consumption of materials and flow of finished goods. †¢ Outbound operations, including all fulfillment activities and transportation to customers. Paint Industry: History of Paint and Colour Paint has been in use since prehistory. Evidence survives in early cave paintings and the ancient Chinese are considered to have brought its manufacture and use to a state of perfection tens of thousands of years ago; the painted decoration and hieroglyphics of the ancient Egyptians demonstrate later stunning examples. Paint is made up of a pigment, a binder to hold it together and appropriate thinners to make it easy to apply. Before the nineteenth century the word paint was only applied to oil-bound types; those bound with glue were called distemper. A vernacular alternative for farmhouses and cottages was lime wash or colour wash. Raw Materials A paint is composed of pigments, solvents, resins, and various additives. The pigments give the paint color; solvents make it easier to apply; resins help it dry; and additives serve as everything from fillers to antifungicidal agents. Hundreds of different pigments, both natural and synthetic, exist. The basic white pigment is titanium dioxide, selected for its excellent concealing properties, and black pigment is commonly made from carbon black. Other pigments used to make paint include iron oxide and cadmium sulfide for reds, metallic salts for yellows and oranges, andShow MoreRelatedReverse Logistics1277 Words   |  6 Pagesthe return portion of the supply chain is often an overlooked and mismanaged process. Companies tend to focus their efforts on the forward portion of supply chain management, while failing to take advantage of the many opportunities that reverse logistics presents (Benton, 2007). What these companies do not realize is that the effective management of rever se logistics has the potential to make them more profitable, and to add value to many other parts of their supply chain. 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