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Global Supply Chain Management-1

   

Added on  2020-10-22

13 Pages3667 Words472 Views
Global Supply ChainManagement-1

Executive summary This report is based on the supply chain management in retail sector. In this it isdescribed that how retail sector design and implement supply chain strategies. Also, it isdiscussed that how organisation configure the overall process of supply chain by applying someprinciples. Moreover, it is shown that how advance technology is been used by organisation tomaintain competitive advantage in industry.

Table of ContentsINTRODUCTION...........................................................................................................................1Main Body..............................................................................................................................11) Designs of supply chain management system....................................................................22) Measures to configure supply chain through collaboration, lean principles and agility....53) How advance technology is utilised by companies............................................................6REFERENCES................................................................................................................................9

INTRODUCTIONSupply chain strategy is very important to be followed within an organisation to havegood growth for an enterprise. It helps in carrying various business activities and actions thatsupports improvement of customer satisfaction level. Looking at approaches and expansion ofbusiness on international level, firm must look after proper management of global supply chain(Monczka and et.al., 2015). For the report, Marks and Spencer has been taken as organisation of context. It is a UKbased enterprise, working in retail industry. The report will critically analyse specific design andimplementation of measures that are followed within the sector. Apart from this, various supplychain collaborations, principles and measures will be discussed. In addition, use of advance andlatest technologies in maintaining supply chain will also be discussed with regard to competitiveadvantages for cited retail firm (Wang and Cullinane, 2015).Main BodyAlong with global expansion of products and services by business entities on aninternational level, firms are now required to handle supply chain management process on globallevel. This is required for proper management of needs and demands of customers oninternational level. Effective handling of supply chain strategies and actions is very important for a firm thathelps in suitable growth and development of an organisation in an effective way. The propermanagement of demand and supply of any good or service by cited business will improvecustomer satisfaction level. In addition, it assists in building a good will between cited firm andcustomers or stakeholders of M&S (Jacobs, Chase and Lummus, 2014). The firm must effectively look after proper management of operations and activities foreffective development of a supply chain strategy. It will involve proper drafting, adoption andimplementation of development strategy, which helps the organisation to increase its efficiencyand capability to perform various business operations and activities in a significant manner.The development of suitable supply chain management system will help firm to improveits performance. However, this process requires effective planning and different sort of researchmeasures, which assist in effective growth and development of supply chain strategies. Thevarious measures that are been taken in consideration assisting organisation to improve their1

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