Supply Chain Management Starbucks
15 Pages3156 Words465 Views
Added on 2021-06-14
Supply Chain Management Starbucks
Added on 2021-06-14
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Running head: SUPPLY CHAIN MANAGEMENT'Supply Chain ManagementName of the Student:Name of the University:Author’s note:
1SUPPLY CHAIN MANAGEMENTExecutive SummaryThis report sheds light on supply chain management of Starbucks. Supply chain management isessential for strengthening the relationship between consumers and suppliers. In this particularstudy, an overview of Starbucks and its outsourcing are explained in a brief manner. Theimplication of JIT, lean thinking and TQM on workflow of the respective company is alsocovered in this particular report. An assessment of Porter’s Value Chain and Porter’s Five Forcesare covered in this study with reference to Starbucks. This report highlights on the currentsupply chain management problems like mobile-app based problems and late delivery of items. Italso provides recommendations like introducing a toll-free customer care number andupgradation of app that would resolve the supply chain management issues.
2SUPPLY CHAIN MANAGEMENTTable of ContentsIntroduction......................................................................................................................................3Discussion........................................................................................................................................3Background of the company........................................................................................................3Supply chain management of Starbucks......................................................................................4Porter’s Five Forces:....................................................................................................................4JIT, Lean thinking and TQM in Starbucks..................................................................................6Outsourcing..................................................................................................................................6Analysis of Porter’s Value Chain in Starbucks Source Chain Management...............................7Issues in supply chain management.............................................................................................9Recommendations......................................................................................................................10Conclusion.....................................................................................................................................10References......................................................................................................................................11Appendix:......................................................................................................................................13
3SUPPLY CHAIN MANAGEMENTIntroductionIn accordance with the opinion of Hugos (2018) supply chain management involveseffective management of flow of items as well as services. It also includes the movement of rawmaterials and storage of the raw materials. From the perspective of Bag, Anand and Pandey(2017), effective supply chain management aids the companies to increase their speed as well asefficacy of the suppliers. This report focusses on supply chain management of Starbucks. A briefoverview will be given in this particular study. An analysis of Porter’s value chain will becovered in this particular study with reference to Supply chain management of Starbucks. Thisstudy focusses on the analyzing the Porter’s five forces in the context of Starbucks. In addition tothis, the outsourcing of the reputed coffee organization are highlighted here. Apart from this,lean thinking, JIT as well as TQM of Starbucks are discussed in a precise manner. In addition tothis, this study sheds light on current issues and possible solutions of Starbucks, which arebriefly discussed here.DiscussionBackground of the companyStarbucks is a coffeehouse chain of America. This organization was established in 1971.The headquarter of Starbucks is situated at Seattle, Washington. It conducts its business in 27,339 locations all across the globe. About 2, 38, 000 skilled professionals work at this particularorganization as per the statistics of 2017. It has been observed that its net income is US$2.885billion as per the statistics of 2017. About US$22.387 billion is the total revenue, which has beenearned by this organization in 2017. Its total equity amounts to US$5.450 billion as per 2017statistics (Starbucks.in, 2018).
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