This article provides a brief introduction to Alibaba Group and analyzes its supply chain and operations issues. It also discusses the top challenges in completing the report and strategies to address them.
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SUPPLY CHAIN1 SUPPLY CHAIN Student’s Name Professor’s Name Institution Course Date
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SUPPLY CHAIN2 1.A brief introduction to your chosen company Established in 1999 by Hangzhou, Alibaba Group is a multinational supplier but based in China. The company deals with all types of products, but it does not engage in the process of manufacturing because it sells already manufactured products (Wulf, 2010). The company uses the website as its selling platform where people from China and other nations can make orders and later have the orders delivered at their place. 2.Write a summary of your analysis across the following tasks. a.Supply issues The three product categories are quality, customer needs, and customer preferences. The company makes sure that the suppliers have the best quality to make sure that they attract as many customers as possible. When it comes to customer needs, the company must source a supplier who brings in products that meet the needs of the customers. The reason why the customer buys is that they want to meet a specific need (Wang et al. 2018). Therefore, if a product does not meet the needs of the customers, it might fail to increase profits and sales for the company. Also, the preferences of the customers must be considered during the procurement process. The customers are an essential stakeholder in a company, and if their preferences are not looked into, they might not be convinced to buy from the company. Alibaba has an endless list of suppliers, and this is because of the types of products that the company deals with. In Alibaba, one can find shoes, clothes, utensils, mobile phones, laptops, and so forth (Qin, 2017). Therefore, it means that the company gets its products from any manufacturing organization in China. When it comes to the supply market, Alibaba has no limits
SUPPLY CHAIN3 or boundaries. The company can supply its goods to any market as long as there are shipment companies to deliver the goods to the customer. b.Operations issues The sales market is not limited by geographical boundaries as well, and the company promotes its products and business to all potential consumers all over the world irrespective of their nations of origin. The same case applies to customers. The company has products that meet the needs of customers from the children to the elderly. Therefore, it means that the customers are not limited to age or region. The demand forecast techniques that are used are competition and economy (Du, Lu, Wu, Li, and Li, 2013). The same strategies are also used across the sales market. When the competition increases, some of the customers are attracted to other suppliers, and that might affect the demand for the products of the company. When it comes to economy; when the economy grows, the demand increases and this is because many people have money to purchase the products of the company. What are your top three challenges in relation to completing the whole report? What are your plans and strategies to address these challenges? The three challenges are selecting the most suitable organization, accessing information that is legit and updated about the company, and identifying the specific suppliers of the company. To address the strategies, I have decided to carry in-depth research of the organization that I will choose in case I find myself in such a situation again. An organization that has its operations online would be the best because it makes it easier for others to access the information. References
SUPPLY CHAIN4 Du, J., Lu, J., Wu, D., Li, H. and Li, J., 2013. User acceptance of software as a service: Evidence from customers of China's leading e-commerce company, Alibaba.Journal of Systemsand Software,86(8), pp.2034-2044. Qin, P., 2017. Integration in Chinese e-commerce and public policy concerns: An analysis of Alibaba Group.Thammasat Review Of Economic And Social Policy,3(1), p.68. Wang, J., Huang, P., Zhao, H., Zhang, Z., Zhao, B. and Lee, D.L., 2018, July. Billion-scale commodity embedding for e-commerce recommendation in Alibaba. InProceedings ofthe 24th ACM SIGKDD International Conference on Knowledge Discovery & DataMining(pp. 839-848). ACM. Wulf, J., 2010. Alibaba Group.HBS Case, (710-436).