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Supply Chain Management in Mark & Spencer

   

Added on  2022-12-14

10 Pages2912 Words489 Views
SUPPLY CHAIN
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
(2) Customer service and inventory.............................................................................................3
3) Transportation & LPS.............................................................................................................4
(4) Warehousing and capacity.....................................................................................................6
5) strategy, competitive advantages & conclusion......................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................1

INTRODUCTION
Marks and Spencer is major British multinational retailer company who are also operating their
business in all over the world. They are selling varieties of product that include food products,
clothing, furniture and most of them are their own label.
Mark & Spencer made their reputation in the early 20s the policy of only selling British made
goods. They entered into the long term relationship with the British manufacturers and sold food
and clothes products under the St Michael
. Currently companies one of the top leading companies in United Kingdom. The supply change
management is stronger And they make available their product and services to their stores in all
over the world. Customers are easily get their products and they can satisfy their needs and
demand that also helped them to gain loyalty of the customers and they are taking competitive
advantages within the market where they are operating their business and showing their presence
as a strong brand. Their efficiency in chain management is also helping them to grow their
business because it directly benefits the customers and if customers get their product and services
on time then they are more satisfied and they recommend the others to go for Mark & Spencer.
MAIN BODY
(2) Customer service and inventory
The product of the M&S readily available to its customers. The reason behind such quick
availability of the products of the company is its efficient supply chain that enable it to have
making availability of its products among its customers.
Inventory methods:
There are various inventory methods that may includes:
Safety stock:
As per this method of inventory some additional or safety stock is to be kept by the
company. This method enables the company to have the availability of its products in the market
at all the time. Through the adoption of this method of inventory the items and products of the
company never went out of stock (Jonsson and Mattsson, 2019). This method also assist the
company to have availability of its item in order to meet the situation of emergency too.
Reorder Level (ROL):
Reorder level refers to that point of time when the company will make further order of its
products. This means that it is that level which suggest the company to have a necessity of

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