Marks & Spencer: Supply Chain, Sustainability, and Innovation
VerifiedAdded on 2023/06/15
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Report
AI Summary
This report provides an overview of Marks and Spencer's global logistics operations and strategy, including inbound logistics activities like sourcing, procurement, material transportation, warehousing, and distribution. It analyzes the impact of the COVID-19 pandemic on the firm, highlighting challenges in conducting practices and tasks, leading to influences on sales and profitability. The report also discusses the firm's value co-creation activities, use of appropriate technologies for communication and information sharing, and key lessons learned from the pandemic. Furthermore, it explores the alignment of circular economy and Industry 4.0 with the firm’s current network structure and offers recommendations on embedding sustainability, considering the firm’s innovation-led lean approaches. The analysis encompasses aspects such as waste reduction and collaboration across different departments to foster innovation and communication.
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