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Report on Performance of Supply Chain Management

   

Added on  2020-06-04

10 Pages3045 Words46 Views
Understanding Operations,Logistics and Supply Chain

Table of ContentsINTRODUCTION...........................................................................................................................1TASK ..............................................................................................................................................1Critical review :...........................................................................................................................1Analysis.......................................................................................................................................2Conclusion and recommendations:.............................................................................................5REFERENCES................................................................................................................................8

INTRODUCTIONToyota motor corporation is one of the world's largest auto-maker firm in terms ofvolume. This Japanese motor company was established in 1937, and its name was originatedfrom its founder whose name was Kiichiro Toyoda. Now, this company run its businessoperations throughout the world with 53 overseas firms in 28 nations and regions. This produceand sell motor vehicles throughout the world, and its motor vehicles are sole in above than 170nations. It became 1st auto-maker company by volume in 2008 and supersede General Motors,for the first time. At that time it's total international market share was 13.8%. since then, the fightto become world's top auto-maker company started (Colicchia and Strozzi, 2012). Thiscontinuously goes on in the next forthcoming years. The company earlier had some issuesrelating to defects in the auto-cars which spoiled the firm values. Although, Toyota overcomesuch controversy by recalling whole batch motor-cars. But this spoils entire firm performance.SCM is an integration of supplier, manufacturer, whole seller and the customers. The supplier ofdeliver raw material to the producer who in turns produce the goods and makes the final productand deliver to the customer.TASK Critical review:Toyota apply supply chain management in its business operations in order to get aneffective business operations. As, supply chain management is the tool where the raw material isbuy from suppliers and then it processed for making final outcome which can be used by theconsumers. If this supply chain management is effectively applied in the firm. Then the companycan get the competitive advantage over the rivals (Gimenez and et. al., 2012). However, this canbe said that the Toyota uses supply chain management in an effective manner. Such reportincludes of the evaluation process of the performance of the supply chain management although,the performance of the firm can be assessed by taking help of quantitative and qualitativemeasures. The assessment done by the management helps the Toyota to eliminate the weakperformance. The performance measurement criteria covers customer satisfaction, supplierperformance, integration of material flow and information. It can be rightly stated thatperformance assessment assist the firm in enhancing strategies of the firm for great competitiveadvantage. 1

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