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Propose strategic solutions to address the supply chain and logistics challenges identified.
2024-06-30T12:58:51+00:00
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Supply Chain and Operations Management aims to provide learners with a comprehensive understanding of effective supply chain and operations management concepts and models in competitive marketplaces. Through the analysis of case studies and real-world industry scenarios, learners will develop insights into operational processes, techniques, planning, and control systems, preparing them for practical application in diverse organizational settings.
AIM OF THE MODULE The aim of this module is to develop learner’s understanding of the concepts and models of effective supply chain and operations management in competitive marketplaces. Learners will gain insights into operational processes, techniques, planning, and control systems through the analysis of case studies and real-world industry scenarios.
THE OBJECTIVES OF THIS MODULE ARE :
Understand the relationship between supply chain management, operations management, and organizational business objectives.
Critically analyze the role of technology in supplier relationships and its impact on organizational success.
Evaluate the importance of logistics and procurement in supply chain management and recommend strategies for maintaining supplier relationships.
Develop a systematic order of procurement and inventory control to optimize operational efficiency.
Devise strategies to improve an organization`s supply chain, considering factors such as cost reduction, demand fulfillment, and time compression.
Plan various supply chain strategies and justify their suitability, feasibility, and overall performance benefits.
Analyze factors and contextual environments influencing operations management, including strategic implementation and barrier identification.
Propose a resource and time plan for overcoming barriers and implementing operational strategies effectively.
You will provide elaborate answers to the specific questions as stated below, ensuring adherence to the guidelines provided.
ASSESSMENT CRITERIA The wordcount should be between 3,000 words (excluding footnotes).
ASSIGNMENT QUESTIONS
Part 1 : Introduction (200 words ) Provide an overview of the importance of supply chain and logistics management in today`s business environment. Discuss the role of supply chain in ensuring timely delivery of products, minimizing costs, and enhancing customer satisfaction.
Part 2 : Case Study Analysis (800 words ) Choose a company that has faced supply chain or logistics challenges and analyze the case study based on the following:
Company Background:
Briefly introduce the company, its industry, and its product offerings.
Supply Chain and Logistics Challenges:
Identify the specific supply chain or logistics challenges faced by the company.
Discuss the impact of these challenges on the company`s operations, customer satisfaction, and overall performance.
Root Cause Analysis:
Analyze the root causes of the supply chain and logistics challenges identified.
Identify any internal or external factors contributing to the challenges.
Proposed Solutions:
Propose strategic solutions to address the supply chain and logistics challenges identified.
Discuss how each solution can help mitigate risks, improve efficiency, and enhance overall supply chain performance.
Implementation Plan:
Outline a plan for implementing the proposed solutions.
Identify key stakeholders, resources required, and timelines for implementation.
Evaluation of Impact:
Evaluate the potential impact of implementing the proposed solutions on the company`s operations and performance.
Discuss how the solutions can contribute to achieving strategic objectives and gaining competitive advantage.
Part 3 : Conclusion (200 words ) Summarize the key findings from the case study analysis and emphasize the importance of effective supply chain and logistics management in driving business success. Discuss the lessons learned and recommendations for future improvements in supply chain and logistics practices.
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