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Supply Chain - Business Capstone Project

   

Added on  2022-08-12

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Business Development
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RUNNING HEAD: SUPPLY CHAIN 1
Business Capstone Project
Name:
Course:
University:
Date:
Supply Chain - Business Capstone Project_1

SUPPLY CHAIN 2
Logistics of Store Stock
Introduction
Logistics is the method of managing and controlling supply chain to control the excellent flow
(Stevens, & Johnson, 2016). It also involves the monitoring information and resources like energy
and people between the point of consumption and the producers to meet the customers'
satisfaction. These logistics are used to control and monitor store stock and ensure that the
capital meets all the requirements. In the supply chain, a company like a Coles supermarket in
Australia can avoid running out of stock so that it can meet the customers' needs. Therefore,
companies need to evaluate their store stock using well designed store logistics.
Store stock in Coles supermarket is regulated by using the automated logistics to ensure they
have a faster supply chain. Store stock control is a technique that is used in Coles supermarket to
show the capital that the company has at a specific period explaining how to keep track of the
stock (Samuel, & Ondiek, 2014). It is used to convert raw materials to final products. Store stock
logistics helps them to create and increase the value of the companies offer by improving the
merchandise, and ensuring the products are available. The company aim to improve their
logistics activities so that they can enhance their value. It will enable them to have a competitive
advantage over other companies.
Looking at how Coles supermarket work, store logistics are essential to design effective and
well-designed strategies so that they can achieve more goals that can meet customer needs. There
is a lot of competition that requires activities to be completed with reduced profit margins. It is
much possible to gain a high competitive advantage if a supermarket pays attention to its
operation and seek to improve where necessary (Tai, & Chuang, 2014).
Supply Chain - Business Capstone Project_2

SUPPLY CHAIN 3
In Australia, supermarkets represent 6% of the national Gross domestic product (GPD) and offer
nine hundred thousand direct job opportunities to people. Coles supermarket is the second largest
grocery store chain in Australia. The significant developments made in the business sector
enables people to retain jobs and improve management practices and the strategies for planning
(Stark, 2015). Through the use automated logistics Coles supermarket is able to deal with out of
stock problem by ensuring that their stores are updated in time and with the suitable products that
will satisfy the customer needs. The proposal seeks to analyze the logistics that Coles
supermarkets use to ensure that their store sock is always up to date.
Scope of the project
The scope of the project will be limited to the impact of stock monitoring on the performance of
the supermarkets. It contains the primary process and the range to which the project covers.
These processes involve management of the processing order, monitoring inventory,
transportation of resources and raw materials, combination and monitoring of warehousing, how
to handle materials, packaging of products. These processes are integrated all over the network
facilities in the supermarket. Resources such as food, animal products, and materials, abstract
items like time, energy, and information are managed in logistics (Török et al., 2017). Logistics
in physical objects involves the integration of information flow in the whole production process.
It becomes a motivation in logistics when using minimized resources.
Background Information
Logistics involves managing the flow of goods between the points of origin to the end of
consumption so that it can meet the requirements from the customers and the required standards
(Hou et al., 2017). Coles supermarket operates its logistic operations by putting in operation two
Supply Chain - Business Capstone Project_3

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