2 LOGISTICS AND SUPPLY CHAIN MANAGEMENT Table of Contents Introduction......................................................................................................................................3 1.Transport Modes that are parts of the Supply Chain................................................................3 2.Different forms of Collaboration that exist in the Supply Chain.............................................3 3.Key Applications of Information Technology in the Supply Chain........................................4 4.Identification on emerging innovative Technology that benefits the Supply Chain................5 5.Role of Production Operations in the Supply Chain................................................................5 6.Extent to which the Supply Chain can participate in the Global Economy.............................6 Figure 1- Evolutions of Supply Chain Management.......................................................................6 7.Brief Outline of the New System.............................................................................................6 8.Designing and developing the new System..............................................................................7 Conclusion.......................................................................................................................................7 References........................................................................................................................................8
3 LOGISTICS AND SUPPLY CHAIN MANAGEMENT Introduction The following report highlights the logistics and supply operations of Woolworths Company, a retail food store in Australia. The researcher has highlighted all the basic facts that are related to supply chain management. The identification of all the possible elements within supply chain increases the scope of the project. 1.Transport Modes that are parts of the Supply Chain Woolworths Limited is made up of some of the most recognizable and trusted brands in retailing, that comes up with an excellent choice each and have a high quality and very low prices. The management of Woolworths faces a huge challenge in marketing its goods in Australia given its huge landscape and vast area. It is one of the greatest challenges of the organization to cover the remote locations and large distances which is one of the greatest challenges for the smooth movement of the goods especially the fragile and perishable food items. The mentioned company owns a Victorian delivery Fleet which forms the backbone of its transport activities. The innovation wing of the company has started using bio fuel based transportation trucks to reduce emissions. Efficient planning has helped the company to reduceitsdependabilityonitsowntransportationsystemandusethirdpartybased transportation system. 2.Different forms of Collaboration that exist in the Supply Chain The different forms of Collaboration that exists in the supply chain are; 1.Collaborative Communication-Collaborative Communication is the transmission process of the contract and message among the partners of the supply chain in terms
4 LOGISTICS AND SUPPLY CHAIN MANAGEMENT of frequency, direction, modes and influence strategy. A balanced and free end communication involves multiple layers of communication and a strong inters firm relationship. 2.Collaborative Execution-The collaborative execution is the process of executing the transactions in the supply chain of the organization in a proper and collaborative manner. As the purchase order 3.Coordinating Contract-It can be termed as the coordination mechanism that helps to provide incentives or extra to all the members such that decentralized supply chain performs its activities like the centralized ones. 4.Sharing of Information- 5.Joint Decision Making- 6.Joint Knowledge Creation- 7.Sharing of Resource- 3.Key Applications of Information Technology in the Supply Chain Woolworthshascreatedaneffectivesupplychainmanagementbyintegratingthe Information technology to manage the supply chain more effectively and easily. Some of the main applications have been; A.Computerized shipping and tracking of the items that are transported by the company B.Identification of the radio frequency to track each and every shipment and products that goes out for delivery(Connelly Ketchen and Hult 2013)
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5 LOGISTICS AND SUPPLY CHAIN MANAGEMENT C.Use of Social media to streamline the supply chain has been effectively carried out by the particular department of Woolworths and the company had made its presence felt in social pages over the internet with its official pages in twitter and face book 4.Identification on emerging innovative Technology that benefits the Supply Chain Some of the most recent emerging technologies of the supply chain management are; A.Synchronized planning can be performed in the form of collaborative forecasting and replenishment, coordinated production and by integrating all the different information altogether B.Supplier Performance Management must be done regularly by Woolworths to assess the performance of the employees over a given period of time. C.Creation of Virtual Marketplaces which includes e-marketing, net market places where people can buy and sell goods at a real time environment. 5.Role of Production Operations in the Supply Chain The role of production operations in the supply chain of the mentioned company of Australia has a great significance in its all round development.It is based on the conversion of the inputs into the outputs by using physical resources to meet the demand of the customers and in turn fulfilling the objective and goals of the business. Production Management has vast differences from that of finance, marketing and personnel. Some of the activities that the management of Woolworths lists under the production management are; 1.Location of the units 2.Product Design
6 LOGISTICS AND SUPPLY CHAIN MANAGEMENT 3.Process Design 4.Quality Control 5.Layouts of the Print and Material Handling 6.Extent to which the Supply Chain can participate in the Global Economy Figure 1- Evolutions of Supply Chain Management Source-(Ali and Soosay 2015) 7.Brief Outline of the New System There will be a huge shift in the movement and consumption of the items that are based in the supply chain system of the mentioned company. The shift in the strategies will involve a much more options to select for the company and will make transportation and other factors easier.
7 LOGISTICS AND SUPPLY CHAIN MANAGEMENT 8.Designing and developing the new System a.Producibility-The new system must have a better productivity so that it meets the demand of the customers b.Disposability-The new system must have a huge scope that helps the management to have a lot of options for different tasks in supply chain management(Juan et al. 2014) c.Quality-Quality must be taken care of in the new system to increase the demand of the customers d.Environment-One of the moist biggest concerns is taking care of the environment. However the new system takes utmost care of the environment to make sure to build a sustainable environment Conclusion The following report based on the supply chain management of Woolworths has shown the various elements related the management of the supply chain of the mentioned organization. The readers will have a detailed knowledge on the global impacts of supply chain management, supply chain, integrating the supply chain into the business of the organization and many more as such.
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8 LOGISTICS AND SUPPLY CHAIN MANAGEMENT References Ali, I. and Soosay, C., 2015. Understanding risks in the Australian citrus supply chain. Arli, V., Dylke, S., Burgess, R., Campus, R. and Soldo, E., 2013. Woolworths Australia and Walmart US: Best practices in supply chain collaboration.Journal of Economics, Business & Accountancy Ventura,16(1). Connelly, B.L., Ketchen, D.J. and Hult, G.T.M., 2013. Global supply chain management: toward a theoretically driven research agenda.Global Strategy Journal,3(3), pp.227-243. Eriksson, D. and Svensson, G., 2016. The process of responsibility, decoupling point, and disengagement of moral and social responsibility in supply chains: Empirical findings and prescriptive thoughts.Journal of Business Ethics,134(2), pp.281-298. Fernie, J. and Sparks, L., 2014.Logistics and retail management: emerging issues and new challenges in the retail supply chain. Kogan page publishers. Juan Ding, M., Jie, F., A. Parton, K. and J. Matanda, M., 2014. Relationships between quality of information sharing and supply chain food quality in the Australian beef processing industry.The International Journal of Logistics Management,25(1), pp.85-108. Subramanian, N. and Rahman, S., 2014. Supply chain complexity and strategy. InSupply chain strategies, issues and models(pp. 1-27). Springer London. Wang, W. and Tan, F.T.C., 2015. A Benefit Expectation Management Framework for Supply ChainManagementSystems.InEnterpriseSystems.Strategic,Organizational,and Technological Dimensions(pp. 247-270). Springer, Cham.