Supply Chain and Logistics for Apple Inc's New Product Launch
Verified
Added on 2023/06/16
|16
|985
|337
AI Summary
This presentation discusses the importance of supply chain and logistics for the launch of Apple Inc's new product. It covers strategic analysis, sourcing strategy, relationship with suppliers, implementation forecasting, inventory policy, and strategic improvements.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
SUPPLY CHAIN AND LOGISTICS Name of the student Name of the University: Author’s note:
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Supply chain management and logistics is one of the major characteristic feature that every business organization must be concerned about(Daganzo 2014). Apple Inc will be launching a new product. As a part of the proper marketing of the new product, the company needs to select a proper supply chain strategy. Introduction
A supply chain procedure includes all the steps involved, right from the procurement of the raw materials to the supply of the goods to the final consumers. As the competition is increasing day by day, the companies are under a pressure of analyzing and assessing the activities of the suppliers and their supply bases(Barney 2012). Background
Vision Mission Product range Market position Competitors Competitive Advantage Strategic Analysis
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Tactical sourcing strategic outsourcing is the long-term, asystematic and universal approach that acquires current and impending needs of the organization at the lowest cost of ownership (TCO) and helpful in reducing the risk to the supply chain. Sourcing Strategy
Some of the additional issues that the Apple Company is facing is in terms of the production issues. It has some of the manufacturing issues that might create some delay ion the shipping and delivery(Marchi et. al 2013). Sourcing Strategy contd.
FactorTactical outsourcingStrategic outsourcing Decisions usually led byCPOC-Suite-led Activities usually outsourcedSubprocess support or category specific outsourcing support Sourcingandcategory managementservicesformany categories Activities includeVendorsmanagement,spot buying,contractmanagement, and help in desk support Strategy design and management, modelling and reporting Benefitsofoutsourcingthe activities Cheaperprocessingandbetter contract the admin and bolt on the activity Involve a step change towards the long-term solutions for managing the procurement and overall cost base. Outsourced delivery functionsLabor arbitrage playPrimarily onshore delivery. Sourcing strategy for each component
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
It is important to build up the good relationships with the suppliers. The Apple Inc. maintains loyal relationships with the suppliers as the suppliers are the essential to the business health and for the growth (Engel 2011). Relationship with each respective supplier
It is the method by which the company can assume how it must proceed in future. It helps the company to decide the course of its future actions(Dietrich 2012). It is also very useful as it helps the company to promote a new business plan. Makes the decision making process much smooth and appropriate. Implementation Forecasting
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
ERP (Enterprise resource planning) is the backbone of every organization as it helps in managing all the organizational activity. Usage of SAP This type of software that separates the hard-coded functionality from the core system and makes the organization to adopt the new features( Dormehl 2017). Implementation system
Apple iPhone Y is having special and attractive features and it hasadvance booking. iPhone Y will be kept in the stock only for approximately one month. As the demand of the phone is too high. The attractive features influence the demand of the customers day by day. The company will deliver the product after crossing all the processes of the launching by following all the inventory policies. Implementation inventory policy
The company is very effective in its operations and function, but it is not enough for the company. It is very necessary for it to make plans and strategies so that it can be able to sustain in the market with its qualitative products and services. Competitive advantages can be able to attain by a company with the use of effective supply chain and purchasing methods. Advantages are as below- Quality assurance. Risk management (Dirisu et al 2013). Options of shipping. Inventory buffers. Strategic improvements
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Form the above report, it can be determined that Apple Company is going to launch a new product iPhone Y in upcoming time. For this company is planning to do purchasing and supply chain management so that the launching can be able to get performed in an appropriate manne (Dirisu et al 2013). This will also help the company to attract the customers and sustain in the competitive market. The study has been carried out on the basis of strategic management system so that the proper strategy can be analysed. The several sources through which the strategies can be used have also been discussed in this study Conclusion
Daganzo, C., 2014.Multinomial probit: the theory and its application to demand forecasting. Elsevier. Dietrich, K., Latorre, J.M., Olmos, L. and Ramos, A., 2012. Demand response in an isolated system with high wind integration.IEEE Transactions on Power Systems, 27(1), pp.20-29. Dirisu, J.I., Iyiola, O. and Ibidunni, O.S., 2013. Product differentiation: A tool of competitive advantage and optimal organizational performance (A study of Unilever Nigeria PLC).European Scientific Journal, ESJ, 9(34). Dormehl, L., 2017. Manufacturing problems mean final iPhone Y production hasn’t started yet, cultofmac. Engel, B., 2011. 10 best practices you should be doing now, supply chain quarterly. References