Impact of Supply Chain Management Practices on NEXT

Dissertation
(Evaluate the impact of supply chain
management, practices on NEXT)

Table of Contents
Chapter 1: Introduction................................................................................................................................3
Background of the research.....................................................................................................................3
Organizational background......................................................................................................................4
Significance of the problem:....................................................................................................................4
Statement of purpose:..............................................................................................................................5
Statement of the problem:........................................................................................................................5
Aims and objectives:...............................................................................................................................6
Structure of Dissertation:.........................................................................................................................6
Chapter 2: Literature Review.......................................................................................................................7
Chapter 3: Research methodology...............................................................................................................7
Chapter 4: Data analysis and Findings.........................................................................................................7
Chapter 5: Conclusion and recommendations-............................................................................................7
References...................................................................................................................................................8

Chapter 1: Introduction
Background of the research
Supply chain management is an efficient management tool to manage the flow of goods,
data, finances and other related products or services. It includes various activities from
procurement of raw material to conversion in finish goods and delivered it at final destination.
The main aim of supply chain management activities is to fulfill the needs & requirements of
buyers effectively by offering them timely supply of finish goods. In other words, supply chain
management is all managing and maintaining flow of goods within the company. It is an
important practice with intend to handle then entire production system in an efficient manner
(Zekhnini and et. al., 2020). In Fashion industry of UK, supply chain plays an imperative role in
terms of converting the raw material into final products so that the needs & requirements of the
buyers can be fulfilled. Through supply chain, the fashion brands of UK are likely to manage the
movement of resources from one person to the other, one department to the other, one section to
the other section with an aim to fulfill the final needs of the buyers. In addition to this, supply
chain also put a major impact on the overall profitability by offering timely supply of the finish
goods to the final customers. It is found that business entities of fashion industry with efficient
supply chain tend to generate high revenue and higher profits. To enhance the overall profit from
supply chain, there is requirement to consider ample of areas like inventory management, and
more (Langley and et. al., 2020). In the present era of competition, supply chain has become one
of the crucial ways to create the differentiation between two different fashion brands. By
maintaining appropriate supply chain, the entity can easily get the raw material on timely basis
which will further make them enable to address the needs & requirements of buyers in timely
manner. Besides this, exceptional supply chain not only creates efficiency but also contributes in
sustainable competitive advantage that is really important to ensure long-term survival in the
present competitive environment.
The present project is based on NEXT PLC is a British multinational retailer of clothing,
footwear and home products. The company grow over the period of time and presently it has
presence at different locations worldwide. The present study is based on analyzing the impact of
supply chain management on the profitability of the respective company. This will cover how the