Supply Chain Management Report for Secret Squirrel Stationery

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Added on  2022/12/15

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AI Summary
This report analyzes the supply chain management of Secret Squirrel Stationery, a business dealing in fashion products. It examines the company's inventory, operations, financial, and sales & marketing departments, using both qualitative and quantitative data. The report identifies issues such as excess inventory, miscommunication between departments, and a lack of a proper supply chain strategy. It offers recommendations including reducing inventory levels, improving communication, hiring new expertise, adapting a new supply chain based on customer needs, and implementing advanced IT support. The implementation plan outlines a six-month timeline for these changes, aiming to reduce costs, improve customer service, and increase profitability by addressing issues like late shipments, logistical errors, and inefficient forecasting. The report provides detailed financial analysis, including gross and net profit margins, inventory turnover ratio, and debtor turnover days, highlighting the impact of high inventory levels on profitability and the need for improved inventory management and faster collection of funds from debtors. The report aims to improve the company's overall performance and competitiveness in the market.
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