Table of Contents Research background.......................................................................................................................1 Research problem............................................................................................................................2 Aims and objectives.....................................................................................................................2 Research questions.......................................................................................................................2 Justification of research...................................................................................................................3 Research methodology.....................................................................................................................3 REFERENCES................................................................................................................................5 Appendix..........................................................................................................................................6
Title- Evaluation of supply chain functions of operations management of service sector. Research background Inrecenttimes,technologyhashighlyimpactedonoverallbusinessgrowthand development. This is because it has transformed the way of doing business that is producing goods and offering services. Supply chain and operation management plays a significant role in an organisation. They are responsible for delivering goods and managing overall operations. Also, evolution of block chain technology has directly impacted on SCM (Hoekman, & Shepherd, 2017). The companies are implementing this in supply chain that has improved their process. Furthermore, it is essential to integrate overall process so that services are offered in effective way. The frequent technological advancement has eased different functions of supply chain. For a service providing company it is necessary that they gain satisfaction of customer by offering high quality services in less time. Hence, overall efficiency is dependent on supply and operation department. They need to ensure continuous flow of service. Apart from it, in operation management enables in handling of all activities in an organisation. Through this, processes are developed of how task will be performed. Here, it is also decided that how communicationwillflow,whowillinteractatfrontandbackendwithcustomersand stakeholders, etc. However, defining of process makes it easy to attain goals and objectives. This is because it provides a direction through which tasks will be done. In service industry, a specific process is followed to do different types of operations. Thus, it is important to optimise information so that service is offered to right people (Verghese & et.al., 2015). Here, goal is to reduce cost and delivery time to satisfy customers. Besides this, it is essential to gather information from various functions so that a defined process is developed. This helps in proceeding in step by step way to utilise resources. Moreover, any change in functions of supply chain forced business to change methods. The purpose of research is to analyse importance of supply chain functions in service sector. Also, how it benefit in growth of companies through customer satisfaction. Moreover, it will be easy to investigate how change in functions directly impact on process of delivering service (Hawkins & et.al., 2015). In this study it will be discussed about cost and delivery time could be reduced by maintaining service quality. 1
Research problem There are many functions performed in operations management in service sector. Through this, services are produced and delivered. The functions are integrated and related to each other. So, currently certain changes have occurred in SCM. It has led to shift in producing services. A supply chain helps in reducing delivery time and increasing profits. Also, the network must be strong enough so that there is proper flow of information. Henceforth, banks create a specific method of delivering services. In this it shown that how each element of service is create and it interrelate with other one. It has been analysed that a lot of problems or issues related to services has occurred. It is due to update in technology and changes in way of offering services. So, banks are not able to implement specific process. They have to make constant changes in it. Therefore, scholar will analyse that how by making changes in supply chain functions service can be produced. Besides this, how delivery time can be reduced to maintain effectiveness of service. Alongside it, due to ineffective decisions efficiency level of services is reduced. Furthermore, in banks services are not developed using optimal resources (Baldwin & Lopez‐Gonzalez, 2015). Due to this, there is rise in cost. Along with it, this study will give suggestions on how efficiency of services can be maintained. Also, what changes should be made in SCM operations in creation of services and maintaining their flow within business. Aims and objectives Aim -Toevaluate the supply chain functions of operations management of service sector. A case study on ANZ bank. Objective To examine role of supply chain functions of operation management To evaluate different functions in supply chain in service sector To analyse effectiveness of supply chain in service sector To recommend how efficiency of services can be maintained Research questions What is the significance of supply chain functions in service sector? What are different functions in supply chain in service sector? How effectiveness of operations can be maintained? 2
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Justification of research It has been stated that banks are not able to maintain effectiveness of their services. It is because of technological advancement. It has highly impacted on retaining customers. However, change in process of offering services has resulted in several issues. This has degraded efficiency of services and increased its cost. May studies have been conducted in which authors are not able to identify importance of supply chain in broad way. Also, it is only acknowledged that how services are produced by taking effective decision. In previous articles the comparison is done between of supply chain in manufacturing and service sector. In that it is mentioned about role of their functions and how it is optimised (Lanz & Maurer, 2015). Moreover, it has been described what bottlenecks occurs and what are core capabilities of operation management in both sector. The main aim of conducting this research is to examine significance of supply chain functions of operation management in service sector. The overall growth of services industries depend on how effective is their supply chain. It is because in this services are produced and delivered. So, how it helps in satisfying and retaining customers. In addition to it, another purpose is to analyse how effectiveness of operations can be maintained. This will make it easy to understand operations in ANZ bank and how they have optimised their services. Here, it is also decided that how communication will flow, who will interact at front and back end with customers and stakeholders, etc. However, defining of process makes it easy to attain goals and objectives Research methodology Research philosophy –It contains a framework on which overall research is based. This gives an insight about on what basis study is done. The scholar will be interpretivism research philosophy. It will help in analyzing role of supply chain in service sector. Research design–It is basis of study which is related to collection of data. The data gathered should be from authentic sources. Research designs are of two types that is exploratory and conclusive. Here, researcher will use exploratory design. By this supply chain functions can be explore in service sector. Research approach –It refers to plan or procedure which states how data will be collected and analyzed. In present study, inductive approach will be used. Data collection Method -Data collection is a process in information is used from other related sources to search answers of problems and examine the results (Mangan,Lalwani& Lalwani, 3
2016). In present study, scholar will use mixed method. It is because it will help in evaluating operations in supply chain. Quantitative data will be gathered via questionnaire whereas qualitative data will be collected from journals, articles, etc. Data analysis method-It refers to interpreting data into relevant information so that aims and objectives are attained. For present research, data analysis will be done by using thematic analysis method. 4
REFERENCES Books and Journals Baldwin, R., & Lopez‐Gonzalez, J. (2015). Supply‐chain trade: a portrait of global patterns and several testable hypotheses.The World Economy,38(11), 1682-1721. Hawkins, T. G. & et.al., (2015). Improving services supply management in the defense sector: How the procurement process affects B2B service quality.Journal of Purchasing and Supply Management,21(2), 81-94. Hoekman, B., & Shepherd, B. (2017). Servicesproductivity, trade policy and manufacturing exports.The World Economy,40(3), 499-516. Lanz,R.,&Maurer,A.(2015).Servicesandglobalvaluechains:Someevidenceon servicification of manufacturing and services networks(No. ERSD-2015-03). WTO staff working paper. Mangan,J.,Lalwani,C.,&Lalwani,C.L.(2016).Globallogisticsandsupplychain management. John Wiley & Sons. Verghese, K. & et.al., (2015). Packaging's role in minimizing food loss and waste across the supply chain.Packaging Technology and Science,28(7), 603-620. 5
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Appendix Notes:- Research background The frequent technological advancement has eased different functions of supply chain. For a service providing company it is necessary that they gain satisfaction of customer by offering high quality services in less time. Hence, overall efficiency is dependent on supply and operation department. Research problem It has been analysed that a lot of problems or issues related to services has occurred. It is due to update in technology and changes in way of offering services. So, banks are not able to implement specific process. Justification of research The main aim of conducting this research is to examine significance of supply chain functions of operation management in service sector. The overall growth of services industries depend on how effective is their supply chain 6