Report on the Significance of Supplies Management in Business

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Added on  2023/01/11

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This report examines the significance of supplies management through an analysis of various real-world examples. It highlights the importance of ethical sourcing, as illustrated by issues related to child labor in palm oil production and the need for transparency in chemical usage by suppliers. The report also discusses the impact of product defects, such as the Samsung Note 7 battery issue, and the rise of innovative strategies like drop shipping, which allows retailers to expand their product offerings. Additionally, it explores the concept of sustainable supply chains, emphasizing the need for companies to prioritize employee health and adhere to ethical codes of conduct. The report also touches on the evolving landscape of consumer preferences, including the demand for environmentally friendly products and the trend of furniture hacking, as seen with IKEA's open-source initiatives.
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Running head: SIGNIFICANCE OF SUPPLIES MANAGEMENT
Significance of Supplies Management
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Significance of Supplies Management
Material Handling
Undeniably, most of the gifts, which have been purchased by customers. Then, later on, you find
out that they do not meet the test and preference of the person you have bought the gift for. Don’t
go back to the shelves of those online stores (Woolhouse, 2017). Online shops like Amazon will
always sell the rejected goods like sweaters, and fitting pajamas via online auctions.
Labor Provisions
There are several consumer companies, namely Nestle, & Gamble, and Kellogg. The palm oil is
sourced from Indonesia, where there are issues regarding child labor abuses. The research
conducted by Amnesty International depicts that kids are engaged in search activities by Palm oil
plantation companies. Though the palm oil producers once promised consumers that they would
cease from exploiting clients or consumers.
Guidelines on Supplied commodities
Indeed, a new directive that will make all the suppliers to list the name of the chemicals they
have used to prepare specialties they manufacture. It should be observed to win the hearts of
those consumers who want goods made by environmentally friendly products (Wahba, 2017).
Therefore, the listing of the chemicals should be done in beauty items, households, personal care,
and cleaning goods.
Sustainable Supply Chain
It is essential to note that all companies with supply chain departments need to focus on supply
chain issues that do not devalue health employees. Therefore, several laws have been put in place
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Significance of Supplies Management
to safeguard the rights and the interests of the people working as employees of these global
supply chain firms (Jorgensen, 2015). All those firms which deal with suppliers need to have an
ethical code of conduct that describes how a supplier should behave
Drop Shipping
Drop shipping is essential to retailers; it makes suppliers make the online shipment of orders
directly to clients or customers. It is one of the preferred strategies they may be used to compete
with their rivals. It is a technique that allows retailers to be able to offer more goods and products
in their various websites, without keeping those goods and commodities in stores.
Samsung Note 7 battery defects
Admittedly, Samsung is the largest mobile manufacturer in the world. It blames its downfall on
the companies they have bestowed the mandate of making the Samsung note seven battery. The
investigation found out that the first battery which was used had a small casing that was not
enough to accommodate the components inside, leading to overheating and short circuit
(Woolhouse, 2017). While the second battery witnessed overheating due to missing of essential
elements and design defects.
Furniture Hacking
Indeed, the internet providers are working around the corner to turn the commonly known IKEA
bookcase, and spice rack into an exceptional DIY project. It is soon evident to all users of
furniture's that they won't again scrub Pinterest for furniture designs. An open platform is being
launched; planned budget fittings emporium. That will deal with issues of household line.
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Significance of Supplies Management
References
Jorgensen, H. B. (2015, September 15t). How much do you want to know about your supply
chain? Retrieved June 21, 2015, from Green Biz: https://www.greenbiz.com/article/how-
much-do-you-want-know-about-your-supply-chain
Wahba, P. (2017, January 25). Fortune. Retrieved June 21, 2019, from Target, Pushes Suppliers
to List Chemical Ingredients In Major Overhaul: http://fortune.com/2017/01/25/target-
ingredients/?mod=djemlogistics
Woolhouse, M. (2017, January 15). That ugly sweater you returned? It might not go where you
think. The Boston Globe.
http://fortune.com/2017/01/25/target-ingredients/?mod=djemlogistics
Woolhouse, M. (2017, January 15). That ugly sweater you returned? It might not go where you
think. The Boston Globe.
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