Supply Chain Management and Operations: A Report on Eddie Stobart

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This report provides an in-depth analysis of supply chain management and operations at Eddie Stobart Logistics PLC, a leading logistics company in the United Kingdom. It covers various aspects, including the company's current situation, internal and external analyses using SWOT and PESTEL frameworks, supply chain strategies and policies, management methods, and identified issues. The report highlights the importance of organizational, business, and customer-focused strategies, as well as the role of transaction cost analysis and channel coordination in effective supply chain management. Recommendations are provided to address identified issues and enhance the company's supply chain operations. Desklib offers a wide array of study tools and resources for students.
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Assessment 3 Supply chain
Group Report
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Executive summary
The entire report will explain about the supply chain management and operations and the various
entities that are included in it. The organisation that is chosen in this regard is Eddie Stobart
logistics plc. It is known to be one of the leading a supply chain logistics at is operating and
United Kingdom and it is also known for its best industry-leading services. The components of
this particular company are being described in this report.
Table of Contents
INTRODUCTION...........................................................................................................................3
SCOPE.............................................................................................................................................3
REASONS FOR OPTING THIS ORGANISATION......................................................................3
CURRENT SITUATION, INTERNAL AND EXTERNAL ANALYSIS......................................4
Current situation..........................................................................................................................4
Internal analysis...........................................................................................................................4
External analysis..........................................................................................................................4
SUPPLY CHAIN STRATEGIES....................................................................................................5
SUPPLY CHAIN POLICY.............................................................................................................6
MANAGEMENT METHOD..........................................................................................................7
ISSUES IDENTIFIED.....................................................................................................................8
INFORMATION TECHNOLOGY.................................................................................................8
RECOMMENDATIONS.................................................................................................................8
CONCLUSION................................................................................................................................9
REFERENCES................................................................................................................................1
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INTRODUCTION
The supply chain management in an organisation is said to be the department that is the playing a
crucial role in terms of dealing with its operations. There are a set of complex problems that are
to be dealt by the organisation in order to move ahead with the professional operations which are
ensured to be the growth prospects (Petersen and et.al, 2018). There is a set of formulations that
is process between the different positions in the organisation that would bring about managing as
well as the supply chain to be one of the trained and professional orientation. This requires a set
of entities that would define the management strategies of decision making and finance
orientation of the organisation. There is a criteria to bring about the external as well as the
internal factors in dealing with the operations management that would direct, co-ordinate and
also deal with the financial operations. The entire report will explain about the supply chain
management and operations and the various entities that are included in it. The organisation that
is chosen in this regard is Eddie Stobart logistics plc. It is known to be one of the leading a
supply chain logistics at is operating and united kingdom and it is also known for its best
industry-leading services. The components of this particular company are being described in this
report.
SCOPE
The scope of the entire report is to bring in the professional orientation regarding the supply
chain and management of the organisation. There are a set of entities that will have to be fulfilled
with respect to the functional areas of the organisation which will fall in regard to production and
quality assurance practices. Please are picturized in this report.
REASONS FOR OPTING THIS ORGANISATION
There are set of reasons for selecting this organisation because it is a reliable company and it is
also known to be the best. To acknowledge the factors as well as to bring into limelight the
factors that have contributed to make the organisation as it best in terms of supply chain and
management is the one and only reason that is being picturised in adopting this organisation. The
company is into dealing with the efficient management strategies and also acknowledge facts
that are a part of custom logistics solutions. These are necessary in today's life and therefore it is
important to analyse these speculations.
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CURRENT SITUATION, INTERNAL AND EXTERNAL ANALYSIS
Current situation
The current situation of the organisation is said to be at a good pace of development where it is
dealing with the emerging Markets and also leading ahead with the global economy (Tien and
et.al, 2019). This is more than required with respect to shopping logistics and different services
that are integrated in the organisation and also the organisation would develop in the best
possible way to deal with the largest integrated Logistic supplies.
Internal analysis
SWOT analysis is the tool in order to determine the internal analysis. The swot analysis is
referred to be are the strengths weaknesses opportunities and threats that are in regard to the
organisation.
Strength: the strength of the organisation is its supply chain mechanism that are being oriented.
The entire entity of the organisation will reflect over the choices before bringing about the
developing aspects that are a part of organisational upliftment. It has also owned its on
organisational policies that has depicted the choices of business.
Weakness: the weakness of the organisation is the failure of consistency. A proper consistency
will have to be maintained in order to derive the integrated shopping logistics and the different
services that are oriented with the company and therefore it has the lost its grip over certain
circumstances in specialised areas.
Opportunities: the different opportunities that are in regard to the organisational upliftment is its
Global presence. Globalisation is said to be one of the important aspect that would bring about a
great opportunity for the organisation to get reputed. Therefore it has been involved into the
globalisation speculations.
Threats: the threats that are in regard to the organisation is its competition. Competition is said
to be at the perk of being the best and therefore it has to be the threat for the organisational entity
(Yu and Xiao, 2017).
External analysis
In order to deal with the external analysis the right tool that is used is PESTEL analysis. The
pestle analysis stands for political economic social technological environmental and legal
implications that are following in regard to the organisation. Since the company that is chosen is
a supply chain and management and its operations are usually incorporated with the external
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factors there for the PESTEL analysis will highlight the choices of the organisation in an
orientation.
Political: the changing government policies is one of the important factor that is contributing for
the effect on to the organisation. It is not until when the government policies are avoided as well
as believing encapsulated that everything goes in the right possible way.
Economic factors: the economic factors that are following in regard to the organisation will
include the taxation policies as well as the rate of exchange. These are the prominent factors that
are mostly being tackled by the company and therefore the company will have to evaluate over
these terms in order to move ahead with its own prominence.
Social factors: the social partners that are in regard to the organisation will include the societal
beliefs. Not more people are prone to logistics and supply chain and therefore the trust will have
to be inhibited with the appropriate measures that would bring about a standard.
Technological factors: technology is said to be at the perk of being the best and therefore the
technological factors in the company regard will include the online mechanism as well as the
customer support that would fall in regard to organisational upliftment.
Environmental factors: the environmental factors are avoided by the organisation at all levels.
There are no kind of carbon emissions that are being evolved as a part of its processes and also
the environmental act is also being follow.
Legal factors: the legal factors in this regard will include the compensation as well as the right
amount of employment standard (Dobroszek, 2020). These factors are being avoided by the
organisation and therefore it is contributing to the best of its ability in order to deal with the
growth prospects of the organisation.
SUPPLY CHAIN STRATEGIES
There are different strategies that will have to be inculcated in the organisation in order to deal
with the right mechanism of supply chain. In this regard there are prominent strategies that are
highlighted by the organisation and also followed by.
Organisational strategy: this particular strategy will bring about the environment in which the
enterprise is usually operating. The supply chain strategies and all the specifications with respect
to customer modifications for all the prominent standard the highlighted. The portability of the
organisation is dependent upon the capability as well as the business solutions. Therefore, this is
brought about by the set of entities that are a part of competitive advantage.
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Business strategy: the business strategy in this regard is the performance that is oriented with
the affordability as well as the sustainable standards. The differentiation of a product is
equivalent to its features as well as the different options that are a part of segmenting. The low-
cost teachers are also one of the biggest entity that the organisation is dealing with full staff the
models that are a part of generic strategies will identify the business captivity.
Customer focus and alignment: this is one of the biggest out of all types where the alignment is
entirely dependent upon the right price that is made by customers. The convenient modulation
that are apart of availability of different products is being served by the organisation with respect
to customer believes (Khan and Yu, 2019). This is one of the important and determining factor
and that would bring about an appropriate balance with the decision that is being made by supply
chain manager.
SUPPLY CHAIN POLICY
The supply chain management policy will include a set of entities that will bring about the things
that are to be incorporated. It is a same protein that is followed by a people in order to deal with
certain procedure that will similarly depict the choices of an individual into different network
activities. By creating value it is one of the internal as well as the external feature that can be
procured up on teamwork and also there are large matters that can be agreed upon. The processes
are the terms as well as the ideologies that are the basic characteristics which a network of
activities usually defect. In this regard the supplies and policy usually follows the particular
criteria.
Purpose: the purpose of the organisation is to define the reason behind the supply chain analysis.
This is because it is not until when the organisation establishes a proper and inform ideology
regarding the market segmentation as well as a code of practices that it gets to define the pattern
which is in regard (Velázquez and et.al, 2020).
Scope: the scope of supply chain analysis is to bring about the entire concept of the logistics into
existence and also to make it feasible enough for people to define the terms and conditions.
Background: the background check will include certain responsibilities as well as the
opportunities that will have to be developed. This policy will bring about the change driver that
are into the direction of amending various sections that are integrated over the betterment of the
firm.
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Responsibility: responsibility is one of the highlight feature that is being followed by different
roles in the organisation. Right from the process manager till the competence of the supplier
everything is based on how far they will process and fulfil the goals that are being allocated.
MANAGEMENT METHOD
The supply channel its operations will deal with a set of Management methods as well as
strategies that are incorporated in the company derived. It is not just a small issue that can be
cleared in a due course of time but it is a language scenario that will have to be included with
respect to the individual business strategies as well as the chain of solutions. Keeping this in
mind there are a set of entities that are being entitled by the organisation which are as follows:
Transaction cost analysis: this is referred to be the best out of the lot more financial model that
can be depicted as a part of cost analysis. There is an essential feature that can be gratified over
dealing with the prices as well as the sense of performance that can be analysed over a specific
period of time. The materials that are being used in the organisation as well as the services will
have to be oriented with the right amount of cost and it is necessary to add filter to these costs
because it is not until when this is being initiated that the organisation can stand as an example in
terms of bringing about the transaction cost Analysis (Mosteanu and et.al, 2020).
Channel coordination: the organisation usually deals with external coordination to be one of the
supply chain management strategies that can be implemented for multiple businesses. And
interest towards bringing about the individual channels can reduce the overall cost and that can
also be one of the time-consuming mechanisms. The channel coordination will also help logistics
to be maintained over a due course of time where it can bring about the initiations in no time. In
other words, it can be mentioned that it is a time-consuming mechanism.
Network perspective: the network perspective that is in regard to strategic orientation of the
organisation will usually deal with the third-party logistics provider. This can also be of fortunate
method in order to save money and also deprive the means of network of business. The
connections which are potential enough in order to stand in the midst of competition will help
people to identify the organisational Strategies and the organisation can also essentially move
ahead and bring about its interrelationships.
Materials logistics management: the materials Logistic management is being entitled by the
organisation as an E-Commerce business selling products that to on an online basis. Taking
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charge over the fulfilment of warehousing as well as the shipping criteria the organisation is
extending its deals with the most affordable raw materials logistics management.
ISSUES IDENTIFIED
There are a set of entities in supply chain there are certain challenges that are unprecedented. this
is also known to be one of the modern supply chain mechanisms that is being followed by the
organisation that is bringing about certain challenges in combination with consumer expectations
(Hall and Braithwaite, 2017). the increased cost is also bringing about the profit margins that is
initiated over the supply chain network. in many areas there is also a lack of visibility and the
organisation cannot make sure that accountability is gratified. the multiple channels in this regard
are contributing for the complexity and strategic orientation. in this the underlying mechanism
are bringing about the supply chain processes to the brim of expecting a complex situation and
also the traditional retailer are on an urge of being the best.
INFORMATION TECHNOLOGY
The different types of information Technologies that are being utilised by the organisation in
terms of bringing about supply chain logistics will play a crucial decision in order to deal with
the performance of the company. It will use different tools that will highlight the prominence of
technology that of bar coding that can represent the automatic identification. This helps it to
derive the products and also help them to sort it out efficiently (Kain and Verma, 2018). The
electronic data interchange is also one of the captivities that is being brought about by the
technological implementation of the organisation. This is one that will interchange the computer
with the transfer of different standardization that are portrayed over the business documents and
information between the organisation. Certain components of EDI system are also used by the
organisation in order to format and the syntax the required basic rules. Certain benefits are also
mapped in order to bring about the opportunities for proactive contribution which are being
utilised by the organisation.
RECOMMENDATIONS
Increase transparency: the transparency will have to be increased in the organisational entity in
order to move ahead with the inventory management techniques. This is because the different
problems that are a part of supply chain strategy can be dealt with respect to the increase in
transparency.
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Standardization: the standardization is essential in order to deal with the success which is
oriented with supply chain strategies. The efficiency of the company can also be increased with
respect to standardising the company set of values.
Growing insight: a proper insight of speculations that are the different problems which are
evolved as a part of inventory mechanism and financial standards will have to be dealt accurately
(Paciarotti and Torregiani, 2021).
CONCLUSION
The report conclusion on identifying the aspects that are pertinent to supply chain and
management. Through this report one can easily understand the scope that is in regard to
organisational upliftment and the different personification that can gratify the importance of
supply chain management. The direct coordination with respect to the organisation and its
strategic orientation will help people to identify the standards of to which it is moving ahead.
The internal and external analysis is being explained in this report with the proper orientation of
all the factors which are the tools of this analysis. The supply chain strategies are brought about
by different components and the change in policy is also explain with respect to different
background and responsibility. The management method is fortunate enough in order to deal
with the network of businesses and that is being entitled in this report.
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REFERENCES
Books and journals
Dobroszek, 2020. Supply chain and logistics controller–two promising professions for
supporting transparency in supply chain management. Supply Chain Management: An
International Journal.
Hall and Braithwaite, 2017. The development of thinking in supply chain and logistics
management. In Handbook of logistics and supply-chain management. Emerald Group
Publishing Limited.
Kain and Verma, 2018. Logistics management in supply chain–an overview. Materials today:
proceedings. 5(2). pp.3811-3816.
Khan and Yu, 2019. Strategic supply chain management. AG: Springer International Publishing.
Mosteanu and et.al, 2020. Sustainability Integration in Supply Chain Management through
Systematic Literature Review. Calitatea. 21(176). pp.117-123.
Paciarotti and Torregiani, 2021. The logistics of the short food supply chain: A literature review.
Sustainable Production and Consumption. 26. pp.428-442.
Petersen and et.al, 2018. Mapping the sea of opportunities: Blockchain in supply chain and
logistics. it-Information Technology. 60(5-6). pp.263-271.
Tien and et.al, 2019. Global supply chain and logistics management. Dehli: Academic
Publications.
Velázquez and et.al, 2020. Implications of additive manufacturing on supply chain and logistics.
Independent Journal of Management & Production. 11(4). pp.1279-1302.
Yu and Xiao, 2017. Pricing and cold-chain service level decisions in a fresh agri-products supply
chain with logistics outsourcing. Computers & Industrial Engineering. 111. pp.56-66.
Online
Supply chain management: [Online]. Available through: < Supply Chain Management -
Introduction (tutorialspoint.com) >
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