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Supply Chain Management: Strategies and Sustainability

   

Added on  2022-11-30

12 Pages3513 Words377 Views
Supply chain management

Table of Contents
1. INTRODUCTION.......................................................................................................................1
MAIN BODY...................................................................................................................................1
(2) Supply chain relationship...........................................................................................................1
(2.1) What type of supply chain network uses by the organization?......................................1
(2.2) How collaboratively are these supply chain relationships and do they Employ IT system
to aid integration and collaboration........................................................................................2
(2.3) Critically examine ways in which supply chain relation can be improved in mark and
spencer....................................................................................................................................2
(3) Supply information system.........................................................................................................3
3.1 How have modern information system aided supply chain visibility in Mark and Spencer
................................................................................................................................................3
(3.2) Analyse the impact of logistic and supply chain on rate on interest for mark and spencer.
................................................................................................................................................3
(4) Procurement and sourcing..........................................................................................................4
4.1 Critically examine how your chosen organisation’s procurement strategy mitigates supply
risk..........................................................................................................................................4
4.2 Evaluate your chosen organisation’s outsourcing in terms of competence and competition
................................................................................................................................................5
(5) Sustainability..............................................................................................................................5
5.1 What is your chosen organisation doing to improve supply chain sustainability?...........5
5.2 Critically appraise your chosen organisation’s use of ‘reverse logistics’........................7
6. CONCLUSION............................................................................................................................9
7. REFERENCES..........................................................................................................................10

1. INTRODUCTION
Supply chain management could be referred as, include the process of good and services that
convert raw material into final goods. It also involves the active streamline of a commercial
enterprise side activities to enhance the consumer value and gain competitive advantage in
market place. It covers the key management of business that are related to the conversion of
good. It includes the overall scenario of the product that gives advantage to the organization in
terms of to study about the goods and services (Martin and Hofmann, 2019). It totally depends
on the idea that nearly every product comes to market result from the efforts of different
companies that develop or make supply chain. Changes in productivity and efficiency go ahead
to the bottom line of the organization and have real and lasting impact. It also keeps organization
out of the headline away from expensive recalls and law suits. In the context of concerned
organization, Mark and Spencer manages their supply chain with demand of the consumer and
origin of a product. It also improves performance of supply chain. Mark and spencer comply
with the UK groceries that uses the code dealing with suppliers fairly and lawfully. So that
suppliers can connect easily by online quality management system and should be read alongside
terms and trade. This report determines the types of supply chain network in the organization.
also include modern information system that aided supply chain visibility in the organization,
procurement and outsourcing, sustainability.
MAIN BODY
(2) Supply chain relationship
(2.1) What type of supply chain network uses by the organization?
There are three type of network that is use by supply chain management such as strategic
activities, tactical or operational activities.
Strategic operations include network utilisation that include the number, location as well as size
of warehousing, distribution centres along with services. It communicates with different strategic
partnership to create a channel for important information as well as operational improvements
such as, third party logistic, direct shipping along with cross docking. Product life cycle
management include the new or existing products can be optimally integrated into supply chain
and capacity management tasks, IT chain activities, make straight overall organizational strategy
through supply strategy. It is for long run requirement resource commitment. Effective supply
1

chain management have goods materials management in inventory system, modern IT software.
It encompasses all the activities that is essential to get input as well as elements to a production
facility that involves the cost of buying inputs with the help of production procedure and out by a
sharing system to the customer (Lee, 2019).
Tactical activities include the sourcing contracts and other purchasing decision, scheduling,
planning process definition also involves the quantity, location as well as quality of inventory.
Transportation strategy that contain frequency, routes and contracting.
Operation activities focus on customer demand that improving the customer convenience and
service with the help of website and newly launched shop way facility.
(2.2) How collaboratively are these supply chain relationships along with do they Employ IT
system to aid integration or collaboration
Supply chain collaboration include the organization that collaborate efficiently across the
supply chain have enjoyed dramatic reduction investors or cost together with changes in speed,
service levels as well as consumer satisfaction. Marketers collaboration has always been role of
keeping a delicate balance among demand and supply. It gives an opportunity to carry synergies
which as otherwise explained as impossible with in confines of the commercial enterprise. It also
delivered appropriate value for participants, but overall, these operations are more likely to fail
than to succeed. Supply chain relationship make the right choice that greatly enhance their aspect
for collaboration by taking more thoughtful approach in few areas for collaboration, their choice
of suppliers, partners as well as implement their collaboration efforts.
(2.3) Critically examine ways in which supply chain relation can be improved in mark and
spencer
In the context of concerned organization, supply chain management of a network of
interconnection commercial enterprise includes in the unique provision of goods as well as
services packages needed through end customers. It improves the distribution network
verification, distribution strategy, data, inventory management, cash flow system. If organization
gives best quality product, it will give advantage, so that customer willing to purchase their
product. This thing will increase the brand value along with the organization.
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