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Supply Chain Strategy Assignment Sample

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Added on  2020-07-23

Supply Chain Strategy Assignment Sample

   Added on 2020-07-23

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Supply Chain Strategy Assignment Sample_1
Table of ContentsINTRODUCTION...........................................................................................................................32.3 Supply chain.....................................................................................................................32.4 Supply chain strategy ......................................................................................................32.4.1 Lean Strategy.................................................................................................................52.4.1.1 Effective-Reduces Cost and Waste............................................................................52.4.1.2 Requires a huge change in production process...........................................................52.4.2 Agile Strategy................................................................................................................62.4.2.1 Satisfying development strategies..............................................................................62.4.2.2 Extra Expenses...........................................................................................................62.5 E-Commerce and information system..............................................................................72.6 E-commerce and Information System (IS): E-Procurement............................................82.6.1 Enterprise Resource Planning (ERP)-A Good or Bad Way..........................................92.6.1.1 Failure in Best Practising the Business Intelligence...................................................92.6.2 Electronic Data Interchange (EDI)................................................................................92.6.2.1 A Time-effective Method..........................................................................................9CONCLUSION..............................................................................................................................10REFLECTIVE REPORT...............................................................................................................11REFERENCES .............................................................................................................................13
Supply Chain Strategy Assignment Sample_2
INTRODUCTIONSupply chain is the organisation’s system which involves various activities, humansand resources for information. All of these activities and information resources are used inmoving product from provider to consumer. Supply chain role is to transfer goods andservices from one place to another. From past years use of E- Commerce for supplyingproduct has been increased. Retail industries of Spain are making use of electronic commerceto make supply chain work easier. Present report describes about implications in whichorganisations interact with their suppliers. Furthermore, supply chain strategy used by variouscompanies in the country has been discussed. Moreover, E-commerce and informationsystem that are currently used in retail industry has been discussed. 2.3 Supply chainThe chain of processes involved in production and distribution of a commodity ofAldi is supply chain. The organisation work with their suppliers for expanding social andenvironmental compliance standards for supply chain(Hadjisolomou, Newsome, andCunningham, 2017). Company is committed to human rights and fair labour practicesthroughout supply chain and they require suppliers to comply with their inbuilt corporatestandards.2.4 Supply chain strategy Supply chain strategy is used by organizations in making connection with suppliersand supply chain to sell their products (Agrawal and Smith, eds., 2015).. Supermarket retailindustry of Spain uses supply chain strategies that helps in evaluating cost profit trade-offsfor operational efficiency. This strategy includes investing core resources of the businessorganisation to accomplish high level objectives. This strategy also involves various activitiesand functions end-to-end for making supply chain value for customers (Cansino, Sánchez-Braza and Rodríguez-Arévalo, 2015).. Supermarkets of the country uses supply chain strategy by shaping four elementswhich are industry framework, unique value proposal of the organisation, internal proceduresand its managerial focus. All of these factors involve various elements which are used byorganisations in making supply chain strategy. These elements are as follows: Industry frameworkThis involves interaction with suppliers, consumers, technological developments, andfactors affecting economy that can impact competition in supermarket retail sector (Retail
Supply Chain Strategy Assignment Sample_3
Spain. 2017) of Spain. In this, there are four elements which are used in making effectivesupply chain which are ; Cost of market mediation which is associated with uncertainty in supply and demandof product. For Example, supermarket chain of Aldi in Spain mainly focuses ondemand and supply. Company makes balance between degree of demand anduncertainties related to it. Life cycle of product which is continuously changing due to technology and changingtrends of consumers (González‐Benito, Martos‐Partal and Fustinoni‐Venturini,2014).. This forces retail sector to increase product development speed and makechanges in production accordingly. Internal processes The fourth component of supply chain strategy is internal procedures of the companyworking in retail sector. This process also ensures connection of supply chain withorganisation. It involves activities like source, make and deliver the product (Turker andAltuntas, 2014). Among various elements involved in this factor, the most significant elementis utilization of asset. In this internal procedure supply chain value focuses on specific andunique characteristic product. This in turn supports in targeting specific consumers.Various companies using different supply chains strategies in the country are as follows: Aldi the supermarket chain working in retail industry of Spain use marketsegmentation supply chain strategy. In this strategy the organisation defines its target market.Target market is decided according to delivery frequency and quantity of product . In thisstrategy company ensures that large stores have proper stock as they require. Demographicsof consumers are defined by organisation by describing the retailer which is serving properly.In the next phase of market segmentation is to define how orders are received and delivered. First step of market segmentation strategy used by Aldi in which company determinesattributes of each target marketplace. Consumers are divided by geography, demography andtheir behaviour . In this company focuses on making segments which have same kind ofconsumers. One more example of supply chain strategy used by famous supermarket Caparbowhich is working in retail sector of the country. The company uses continuous flow supplychain model as its supply chain strategy . The main feature of this strategy is maintainingbalance between supply demand and stability. Processes of this strategy ensure constant flowof products and services. In this supply chain strategy the organisation focuses on promotingcollaboration with supply chain. Caparbo grocery store retail chain in country uses this plan
Supply Chain Strategy Assignment Sample_4

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