Supply chain modeling refers to the different process which is used to define and determine a company's supply chain. This presentation focuses on the case study of MaveriCo and its supply chain strategies in the Kingdom of Square. It discusses the rationale behind studying supply chain modeling and the approach used in the study.
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Supply chain modeling
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Introduction Supplychainmodelingreferstothe different process which is used over many yearsinordertodefineaswellas determine the company’s supply chain. Majority of the company uses this method because itconsider as a tool for firm to lookforwardinordertomanagethe supply lines which in turn help to meet the wantsanddemandofcustomersin effective manner.
Continue…. The present report is as based upon the case study of MaveriCo which is a start up firm and also focus upon the selling new product in Aresgas in the Kingdom of Square. Therefore,themanagementteamismainlyfocusuponthesales information and provide regular data for every quarter of month. In order to provide the best supply to their customer’s company also focus upon its production level and that is why, it chooses just-in-time as a delivery mode because of simple production and small production for a trial.
Continue…. Further, researcher get an update from the CentralSupplies and they proposed their action and also recommended a transport company through quotedfirmmayeasilytransporttheircompany’sproducttotheir customers. Moreover, researcher analyze the demand of each city which further help to examine in which city the company have to invest and in which two cities, MaveriCo should set up two manufacturing sites.
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Approach and Rationale Therationalebehindchoosingthisstudy is such that it will assistthe researcher to gain knowledge about the supply chain models which in turn help the researcher in their near future. Also, study on this topic assist scholar to analyze the distribution strategies which MaveriCo may use to make its supply chain more effective as compared to other company and also sustain the brand image at global level too. In addition to this, another rationale to study on this topic is such that researcher also develop a deep understanding related to numerical values and different methods through which data are solved. As supply chain modeling plays an important role in the success of company because it boost the customers service.
Approach In order to get the answer and conduct the study in precise manner, researcher uses quantitative methodology because it is completely rely upon the numbers and figures. That is why, researcher chooses quantitative study over qualitative as it will assist to get proper answer as compared to others. Moreover, under quantitative study, researcher chooses statistical study in which excel is used that helps to use the proper method of data collection, and analyze the results in proper manner. It is so because it provides accurate answer which in turn help to meet the define aim and objectives in define time period.
REFERENCES Villegas,S.M.N.,derbeidenGutachter,A.andHaasis,H.D., 2018.Internationalization of small and medium-sized enterprises related to their dynamic suppy chain flexibilities(Doctoral dissertation, Universität Bremen). Vyas, N., Beije, A. and Krishnamachari, B., 2019.Blockchain and the Supply Chain: Concepts, Strategies and Practical Applications. Kogan Page Publishers. Prashar, A. and Aggarwal, S., 2019. Modeling enablers of supply chain quality risk management: a grey-DEMATEL approach.The TQM Journal.