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Dealing with various Aspects of Chain Supply

   

Added on  2023-04-20

18 Pages4848 Words120 Views
Business DevelopmentFinanceData Science and Big Data
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SUPPLY CHAIN 1
Dealing with various Aspects of Chain Supply
By (Name)
Name of the Course
Title of the Instructor
Institutional Affiliation
City and Date
The final date of Submission
Dealing with various Aspects of Chain Supply_1

SUPPLY CHAIN 2
Analysis of William Store that is Located in Tasmania
Introduction
William store is known to have gained popularity over a wide range of individuals; this is
as a result of the quality service that the store has been able to offer for the past years.
Moreover, this store is adequately managed by a group of individuals who are well
trained in various sectors and perhaps this is one of the best strategies that has enabled the store
to be able to implement quite a number of parameters within its boundaries of operations in order
to meet the needs of the customers who are known to be located in various locations (Manuj and
Mentzer 2016). Additionally, the store is made up of different departments who are known to
have the capability of playing different roles thereby making it easy for the organization to attain
quite several future goals in real time. It is also governed by a set of rules that are capable of
controlling quite a number of issues within the boundaries of operations that are adequately
attached to the organization (Barneym 2012) It is a store that is known to be dealing with a
variety of products and services within the boundaries of Tasmania thus making it much easier to
serve all the needs of the customers without discriminating them in relation to their age gender or
even background. Within the market platform, William store has been able to provide high levels
of competition to several other businesses most also the ones that are known to have the
capability of offering almost the same products and services. As a result of this stiff competition,
the store has been able to gain a wide variety of customers who have been impressed with the
quality products that they have been receiving.
Moreover, the business has been able to implement quite several strategies involving
supply chain, logistics together with quite several modern technologies. This mainly aims
Dealing with various Aspects of Chain Supply_2

SUPPLY CHAIN 3
towards scaling up a good number of its operations in various locations most so at the regional
and national level.
How the business is currently impacted by supply chains, logistics together with
information technology
These parameters have been able to affect differently on the entire organization thus
being ready to go as far as determining a good number of its future operations. The supply chain
has been able to bring on board quite several positive impacts to the entire store with the major
one being a boost in terms of the level of customer service being offered (Hunt and Davis 2016).
In most occasions, customers usually expect the correct assortment of products to be done to
them; William store has been able to take advantage of this situation in terms of delivering the
products from the store in large quantity to be able to sustain the demand that is available within
the market platform. Moreover, supply chains have adequately boosted customer service within
William store since all the customers have been able to gain access to a variety of the products at
the right location without facing any difficulties (Cooper and Ellram 2015).
Moreover, as a result of the supply chain, the entire business has been able to reduce its
operating costs. This has been experienced through a decrease in terms of the purchasing costs
where the whole store has been on the forefront to entirely depend on quite a number of supply
chain strategies for the delivery of expensive products in order to avoid holding various types of
costly inventories any longer than the required period (Mangan, Lalwani and Lalwani 2016).
Moreover, a decrease in total supply chain cost has also been encountered where the entire store
has been able to entirely depend on supply chain managers to appropriately design various types
of networks that are capable of meeting quite a number of customer service goals at the lease
Dealing with various Aspects of Chain Supply_3

SUPPLY CHAIN 4
total cost ever thus providing a humble opportunity to attain a right amount of objectives within
the stipulated time frame. On the other hand, supply chains have been able to scale up the
financial position of William store. This scaling up has been experienced through an increase in
terms of profit leverage within the organization. The entire store has been able to value the
performance of its supply chain manager since the manager adequately helps in controlling and
reducing quite a several issues associated with supply chain costs (Ellram 2016). Improved
financial conditions have brought about a decreased rate in terms of the available fixed assets,
the supply chain manager of William store has been able to reduce the use of various forms of
fixed assets which generally include things like warehouses together with the vehicles that are
usually being used in the supply chain.
On the other hand, issues about logistics have also impacted on the entire business to
some extent thus changing the way various operations are being done to meet the needs of the
customers. Through different conditions involving logistics, the company has been able to
increase its visibility conditions through the implementation of various parameters together with
systems that have been able to help the entire organization to avoid quite several reactive cycles
of planning that entirely depend on out of date type of information. Moreover, through Logistics,
William store has been able to develop real-time planning workforce thus giving the entire
organization one of the best opportunities to plan how various operations need to be conducted to
meet the needs of all the customers without any delays being experienced. The emergence of
integrated planning channel has been able to emerge within the store as a result of issues
associated with logistics thus making it easier to adequately evaluate and plan for quite several
future activities that are likely to emerge after certain operations are conducted.
Dealing with various Aspects of Chain Supply_4

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