Royal Docks SG5011 Report: Sustainable Operations and Samsung Analysis

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Added on  2022/12/14

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This report analyzes Samsung's sustainable operations and supply chain management, focusing on its electronic product offerings and services. It assesses Samsung's practices, including product delivery, quality standards, and supply chain efficiency, highlighting the use of ICT in managing operations. The report examines performance measurement techniques, comparing them with theoretical models, and identifies areas for improvement. It also explores Samsung's operational activities, including the application of operations strategies and the 4Vs of operations management (Volume, Variety, Variation, and Visibility). The analysis reveals weaknesses in operational management, inefficient supply processes, system-related problems, a weak support system, and a lack of efficient IT systems, leading to mismanagement in various functions. The report concludes with recommendations for addressing these deviations and improving Samsung's sustainable operations to achieve strategic and competitive advantages.
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Sustainable
Operations and
Supply Chain
Management
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Contents
INTRODUCTION...........................................................................................................................................3
MAIN BODY.................................................................................................................................................3
Section 1..................................................................................................................................................3
Section 2..................................................................................................................................................4
Section 3..................................................................................................................................................5
CONCLUSION...............................................................................................................................................6
REFERENCES................................................................................................................................................7
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INTRODUCTION
Sustainable Operations and Supply Chain Management refers to the use of the various
types of approaches and methods under which the maximization of the overall level of
performance of the different types of organizations can be done which is quite helpful in
ensuring that the attainment of the overall goals and objectives in the future can be done quite
effectively and efficiently in the right manner (Bhardwaj, 2016). This report is based on
Samsung. It is a South Korean multinational company which is headquartered in Samsung Town,
Seoul. In this report, there will be assessment of the use of methods and techniques through
which the overall level of performance in the organizations can be made better effectively and
efficiently.
MAIN BODY
Section 1
Samsung is a South Korean Company which deals in providing electronic products to the
different types of customers in the market (Liu and et.al., 2017). Therefore, in this way it can be
said that the company is able to meet out the wide range of needs and requirements of the
customers which helps in ensuring their higher satisfaction level effectively and efficiently.
Thus, it is quite important that the analysis of the company can be done prior to making a
strategy about the way the use of methods and techniques can be made so that the level of
performance can be maximized. The details about the company are as follows-
Products and Services- Samsung is a company which provides a wide range of
electronic products to the customers like Refrigerators, A.C., T.V., Smartphones etc.
Therefore in this manner it can be said that this company can ensure that the wide range
of products are provided to the customers. Apart from this the company provides
different services to the customers like Home Delivery of the products, Installation of the
products etc. which helps in enhancing their overall satisfaction level.
Delivery- This refers to the processes which are used by the organization to schedule a
delivery of its products. Samsung is a big company and therefore has efficient logistics. It
also has big warehouses located in the different parts of the world and has tie-ups with
the different e-commerce service providers through which it is able to provide its services
to the customers.
Quality standards- This means the different types of quality standards which are
required to be followed in order to provide the best products and services to the
customers. In the context of Samsung, it can be said that it is able to maintain the best
quality standards for its products which is helpful for it in ensuring that it is able to
provide the best products and services to the different types of customers in the market.
Therefore, in this way it is quite important that the desired level of importance is given to
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these standards which help in ensuring that the different types of goals and objectives can
be attained by the company in the future quite effectively and efficiently in the right
manner.
Supply chain- It is crucial that the use of efficient processes and methods can be made so
that the supply chain can be modified in order to attain the goals and objectives in the
future. Therefore, it is quite important for Samsung that the use of effective IT systems
can be made by it so that the supply chain is managed appropriately to attain the goals
and objectives. For the company, it is crucial that the efficiency and effectiveness can be
maintained in the management of the supply chains so that the supply of the goods can be
provided in a right manner.
Usage of ICT- ICT refers to Information and Communications Technology. It is
important because through making its use the overall systems and processes in IT can be
managed effectively and efficiently (Machado and et.al., 2017). Therefore, for Samsung
it is absolutely important that through the use of ICT it is able to ensure that the systems
and processes can be made better so that the management of the work can be done in a
highly appropriate manner.
Section 2
It is important that the analysis of the organization is carried out which will be helpful in
ensuring that the different types of conclusions and recommendations can be derived in a proper
manner. The analysis of Samsung can be carried out in the following manner-
Performance measurement techniques- The use of Performance measurement
techniques like QSDFC, Quality audit and Service Scape etc. can be made so that the
measurement of the level of performance can be done appropriately and therefore the
comparison can be carried out with the set standards to identify the deviations and
variances (Maditati and et.al., 2018). This can help in taking the rectifying actions.
Therefore, the use of IT can be made so that the Performance can be enhanced in a proper
manner and thus the attainment of the goals and objectives can be made in Samsung.
Comparison with theory- The use of a theoretical approach can be made so that the
assessment of the overall level of performance can be made and therefore the conclusions
and recommendations can be drawn. In the context of Samsung, it is important that this
theoretical approach is used so that the conclusions and recommendations can be drawn
and therefore it will be helpful in ensuring that the right actions can be taken. Using IT
here can help a lot in enhancing the performance because through its use the management
of the information can be carried out which will be quite helpful for the company.
Indication of good practice- Good practices are required to be identified within the
organizations so that the management of these practices is carried out in a proper manner
to attain a higher-level of efficiency and effectiveness. Through the use of IT, the
different types of good practices can be identified and the appropriate actions can be
taken so that the organization is able to ensure that the better management of these
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practices can be done. In Samsung, it is important that these practices are identified and
the appropriate actions are taken to ensure their management effectively and efficiently.
Identification of room for continuous improvement- It is important that the
identification of room for continuous improvement can be made within the organizations
so that the actions can be taken for this particular purpose (Rajeev and et.al., 2017). As
Samsung is a big organization, it is quite important that its management is able to identify
the room for continuous improvement because it will be helpful in ensuring that the
appropriate actions are taken accordingly. The use of IT systems can be helpful here
because through their use the management of the information can be done in a better
manner and thus the identification of the areas where improvement is required can be
made and the actions are taken accordingly.
Operational activities of Samsung- The operational activities of Samsung are quite
important for it because they are helpful in ensuring that the company is able to manage
its work quite properly which therefore leads towards the attainment of the future goals
and objectives for the organization.
Use of Operations Strategies by Samsung- The use of a wide range of Operations
Strategies can be made by Samsung because this can help it a lot to be able to identify the
particular way in which the enhancement in the overall efficiency and effectiveness needs
to be carried out which will further help in the right management of work.
Use of Value Objectives by Samsung- Samsung has set up Value Objectives for itself
which it is required to attain in the future. This will be helpful in ensuring that the
management of the work of the organization can be done in such a manner so that it
accomplishes its goals and objectives in a right way in the future quite effectively and
efficiently.
Use of 4V’s-
The 4V’s of Operations Management which are used by Samsung are as follows-
Volume- It is a significant tool because it helps in gaining the attention of the buyers.
Samsung produces its goods in bulk quantity.
Variety- It refers to the variety of goods and services in and organization. Samsung
provides a wide range of goods and services to the customers.
Variation- This refers to a variation in the change in demand due to the influence of
several factors. Samsung’s demand is impacted by the influence of different types of
factors.
Visibility- It means the value chain of all of the company’s processes put together.
Samsung therefore has to make sure that its different processes are visible to the
customers and therefore helps in attracting them so that they can purchase the products
and avail the services of the company. This helps in enhancing the Brand Image of the
company.
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Section 3
It is important to analyze the management of operations within an organization so that the
conclusions and recommendations can be drawn. From the analysis, it is clear that Samsung is a
company in which there are deviations from the good practice/theoretical models. The reasons
which have been identified for this are explained in the following manner-
Weak operational management- The operational management in Samsung has become
weak due to which the management of the processes is not being done in a proper manner
(Sgarbossa and Russo, 2017). Therefore, it is affecting the overall level of efficiency and
effectiveness and creates an overall level of impact on the company as a whole.
Inefficient supply processes- The operational management in Samsung has become
weak leading towards inefficient supply processes which are creating an impact on the
image of the company (Wang and Dai, 2018). Thus, In this way it can be said that these
processes affect the way in which the management of the supplies is required to be done
within the company and thus affects the overall supply chain.
System-related problems- In Samsung, there are plenty of system-related problems
which are being faced which affects the overall level of efficiency, effectiveness and
productivity of the systems and therefore creates an overall level of impact on it.
Therefore, it can be said that the management of the system is affected as a result and this
affects the overall level of operations within the company.
Weak support system- Samsung’s support system has got weaker which particularly
affects the different types of customers of the company. This is so because the customers
are the people who require that the required level of assistance must be provided to them
and if this assistance is not provided then this affects the company quite badly and
therefore affects the reputation of the company in the market.
Lack of efficient IT systems- In Samsung, there is a lack of efficient IT systems which
therefore affects the overall functioning within the company. Therefore it can be said that
the lack of efficient IT systems is affecting the overall level of credibility of the company
badly among the customers in the market.
Mismanagement in functions- In Samsung, the problem of mismanagement is being
faced in the functions like Production, HR, Finance, Marketing etc. and therefore this is
creating an impact on the level of operations within the company badly. Thus, it is
affecting the way the best services are required to be provided to the customers and is
leading towards lack of satisfaction of the customers.
Thus, it can be said that the deviations from the good practice/theoretical models are
being witnessed in Samsung and it is quite crucial that the right measures can be taken
quite effectively and efficiently so that these deviations can be sorted out and this will be
very helpful in taking the company towards the attainment of success in the future which
will help in the gaining of a strategic and competitive edge over the various types of
competitors who are present in the market.
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CONCLUSION
From the above report, it can be concluded that Sustainable Operations and Supply Chain
Management refers to ensuring that the use of a wide range of different types of methods and
techniques can be made in a right way in order to bring the efficiency and effectiveness in the
level of operations. Thus, it is important that the appropriate actions can be taken in this regard in
the company so that the company can attain success in the future and therefore this can help it in
attaining a strategic and competitive edge over the competitors in the market.
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REFERENCES
Books and Journals:
Bhardwaj, B. R., 2016. Role of green policy on sustainable supply chain
management. Benchmarking: An International Journal.
Liu, W. and et.al., 2017. A framework of sustainable service supply chain management: A
literature review and research agenda. Sustainability. 9(3). p.421.
Machado, C. G. and et.al., 2017. Framing maturity based on sustainable operations management
principles. International Journal of Production Economics. 190. pp.3-21.
Maditati, D. R. and et.al., 2018. A review of green supply chain management: From bibliometric
analysis to a conceptual framework and future research directions. Resources, Conservation and
Recycling. 139. pp.150-162.
Rajeev, A. and et.al., 2017. Evolution of sustainability in supply chain management: A literature
review. Journal of Cleaner Production. 162. pp.299-314.
Sgarbossa, F. and Russo, I., 2017. A proactive model in sustainable food supply chain: Insight
from a case study. International Journal of Production Economics. 183. pp.596-606.
Wang, J. and Dai, J., 2018. Sustainable supply chain management practices and
performance. Industrial Management & Data Systems.
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