LSME506 Research Methodology: Supply Chain Difficulties in UK Retail

This presentation outlines a research project focused on identifying contemporary difficulties in retail work from a supply chain management perspective, specifically within UK brands. The research aims to pinpoint supply chain challenges faced by retail firms in the UK, assess their impact on operational efficiency, and propose solutions to mitigate associated risks. The literature review highlights issues such as shifting customer requirements, complications in distribution, and the need for focused innovation strategies. The research methodology employs interpretivism as a research philosophy and a deductive research approach, utilizing a quantitative survey for data collection. Ethical considerations, including participant anonymity and academic honesty, are emphasized. The presentation concludes by summarizing the identified supply chain management issues and underscoring the importance of targeted interventions to minimize potential problems. Desklib provides access to this and many other solved assignments.

Research Methodology
PRESENTATION

 To identify the contemporary difficulties in retail work
from the a supply chain management viewpoint," is the
project's chosen topic. The focus of the research will be on
analyzing primary data collected involving UK brands. When it
comes to supply chain management, it has been discovered
that decreasing profitability is one of the primary concerns.
Profit is emphasized as the bottom line in the report, which
shows that shops in the United Kingdom's gatherings confront
significant hurdles in meeting profitability requirements. The
main reason of choosing this topic is to devise appropriate
measures to the threats posed by the important in the current.
INTRODUCTION

Research aim : To identify the
contemporary difficulties in retail work
from the a supply chain management
viewpoint.
Research objective
 To identify the possible supply chain
management difficulties that retail-
oriented firms may face in the United
Kingdom.
 To look at the problems and show
how big they are in terms of
operational efficiency.
 To develop particular mixtures to
minimize the risks involved with
detecting the problems.
Research aim and objectives

 Identify the possible supply chain management difficulties
that retail-oriented firms may face in the United Kingdom.
 As per the, “Choi,. and Shen, 2018 ” , Based on the issues
it is analyzed that the availability of online interactions
between clients, producers, companies, and
commodities is causing shifting customer
requirements. Customers are interacting having any
knowledge with the excellence and pricing of products
given by other brands; they anticipate top grade
products at a lower price. For retailers, the United
Kingdom marketplace has a collection of numerous
channels. Retailers face a variety of challenges,
ranging from minor brick-and-mortar locations to
physical retail partners and digital logistic alliances.
The logistical choice is made depending on the
company's area and design, as well as demand
consistency. Climate-related risks have a variety of
effects on traditional supply chain setups.
Literature review

 Identify the problems and show how big they are in terms of operational
efficiency.
 According to the Tu, M., 2018, There are different problem are indentified and that are below
mentioned:
 Customer demand that is dynamic: Customer expectation that is adaptable is
the result of improved interactions between clients and brands. Customers are
more likely to leave online reviews after using an item or brand. As a result of
good consumer feedback, retail-oriented firms in the United Kingdom must
offer quality-driven items and use a customer-driven pricing strategy.
 Complications in distribution are increasing: Multiple issues develop as a
result of multiple different logistic chains in international trade. Various
roadblocks are identified, ranging from selecting the most suited distribution
system to utilizing every aspect of logistical arrangement to improve
operating efficiency. Making the wrong decisions could lead to operational
inconsistencies for these retail companies
Cont…

 Identify particular mixtures to minimize the risks involved
with detecting the problems
 According to a critical review of a comprehensive survey , retail
companies in the United Kingdom must concentrate on focused
innovation strategies in order to combat the dangers posed by
intractable client expectations. By presenting a plethora of options and
services, retail companies can alleviate the pressure that comes with
price. In addition, in the business development arrangement, the focus
is on expanding variety and scalability. Visibility in the product life aids
profit by ensuring that ethical operating procedures are being followed.
The layout must be established by the brands in order to expedite
operations. The most efficient use of resources and shorter product
cycle times contribute to the development of a cooperative supply
chain backed by cutting-edge technologies
Cont…

 Research Philosophy: It is a crucial aspect of the research study
and may be characterized as a viewpoint on how data analysis
should be collected, processed, and utilized. Research philosophy
can be considered an important aspect of the study because it aids
in the development of the research plan as well as the procedures
that go with it. For successfully finishing the research study, an
amalgamation of many types of research theories might be
applied. The researcher can do the research using either
interpretivism or positivism as a research philosophy. The
researcher will employ interpretivism as a research philosophy in
this study since it will aid in the interpretation of the data gathered
 Research Approach: An important component of the study is the
research approach, which is described as a plan and procedure for
the broad steps of data gathering, processing, and evaluation.
There are two sorts of research methods: inductive and deductive.
It may be claimed that the research approach is important and can
assist the researcher in successfully finishing the study topic. The
researcher will utilise the deductive research strategy in this study
since it will aid in interpreting the relationships between the
different factors.
Research methodology

 Research Strategy: A research strategy can be characterised as a stage process
implementation plan that lays out the researcher's views and activities in a logical
order. This also allows for the consistent execution of research techniques and the
production of high-quality results that will contribute to the readers' and UK brand
management's current knowledge. The research framework can be considered an
important part of research because it aids the investigator in selecting the most
appropriate data gathering technique. Research strategies include case studies, focus
group discussions, interviews conducted, and statistical surveys . In the context of this
study, it can be suggested that researchers will collect scientific data from the
respondents using a quantitative survey.
 Data Collection: The way to acquire accurate and dependable data is referred to as
data collection. To acquire supports research, the investigator must use the most
effective data collection approach. Primary and secondary data collection methods are
the two most important types of data gathering methods that can be employed in this
study. Both secondary sources will be considered in this investigation. Primary data
will be collected using a questionnaire, while secondary data will be collected using
books and journals.
Research methodology

 Time Horizon: This component gives a framework for the timeline
related with this research. Quick time period-oriented approach is
another name for the move sectional approach. This method is done
on the basis of statistical data at a certain point in time. Because
the selected study will gather data from a certain time period, the
usage of a cross-sectional methodology will be highlighted.

 Sampling: In statistical evaluations including a pre-determined
broad range of observations gathered from a large population,
sampling approaches are useful. For this study report, a randomly
sampled size of 50 was used as an augmentation of the probability
sampling approach.
Research methodology

 All related participants will be notified that their
contributions will be used for academic research.
Participants' identities will be considered secret during
the study. The participants' approval will be taken before
the primary data is gathered. While gathering primary
data, no discriminating or prejudiced queries will be
included in the surveys or questionnaire survey. Data
analysis and interpretation will also be guided by ethical
issues. Furthermore, all data sources shall be accurately
mentioned throughout the study. The focus of the
research will be on academic honesty.
Research Ethics:

Month Dissertation Activity (parts)
Month 1 Establishing a precise aim and objectives for this study.
Month 2 Structuring literature review following reliable shreds of literature
to add theoretical rigidity to this study.
Month 3 Establishing a layout for research methodologies to continue the
study.
Month 4 Collection of primary data.
Month 5 Critical evaluation of secondary and primary data to highlight key
findings and discussions.
Month 6 Drawing conclusions and recommendations based on the critical
study.
Gantt Chart

 Based on the interactions and debates in the above
proposed study, it is determined that retail-oriented
organizations are facing a collection of diverse
supply chain management issues. To do so,
prospective obstacles are identified and investigated
in order to determine the magnitude of their impact
on operational efficiency. The study also stated that
the importance of specific interventions and their
planned implementation to minimize possible
problems will be increased as a result of the findings.
CONCLUSION

Choi, T.M., Cai, Y.J. and Shen, B., 2018. Sustain
able fashion supply chain management: A system of systems analysis. IEEE
Transactions on Engineering Management, 66(4), pp.730-745.\
Kamble, S.S., Gunasekaran, A. and Gawankar, S.A., 2020. Achieving sustainable
performance in a data-driven agriculture supply chain: A review for research and
applications. International Journal of Production Economics, 219, pp.179-194.
Tu, M., 2018. An exploratory study of Internet of Things (IoT) adoption intention in
logistics and supply chain management: A mixed research approach. The International
Journal of Logistics Management.
Butt, A.S., 2021. Strategies to mitigate the impact of COVID-19 on supply chain
disruptions: a multiple case analysis of buyers and distributors. The international
journal of logistics management.
Juan, A.A., Kelton, W.D., Currie, C.S. and Faulin, J., 2018, December. Simheuristics
applications: dealing with uncertainty in logistics, transportation, and other supply chain
areas. In 2018 winter simulation conference (WSC) (pp. 3048-3059). IEEE.
REFLECTION
Books and Journal

Thank you