Question

Research a major corporation with a strong and effective supply chain management system. Produce a diagram of their supply chain management model. Write a summary of how their supply chain system works and how it benefits the company. Cite your sources. Minimum 300 words.

Answer 1

The supply chain system used by the Coca-Cola Company is sophisticated on that is able to accommodate its multinational operations. The supply chain, strategic sourcing, and logistics are very critical to the company. Coca-Cola runs a number of supply chain application including its latest integration with SAP to boost its efficiency and speed of operations between the manufacturer and the retailers. The technology acquired by the company through collaboration with SAP has helped the company create a demand-driven supply chain whereby each supply is made to match a demand requested by either the bottlers, wholesalers, retailers or customers. The system helps the company determine planned shipments of plans new ones. The supply network Collaboration system helps the company forecast and fulfill future demand.

To be able to offer that localized customer service worldwide, CocaCola six years ago established the world’s largest lean-Six Sigma supply chain operation to leverage best practices, processes and operational excellence programs. • According to Buffington, “There is an efficient supply chain, there is a responsive supply chain and there is an agile supply chain”. • Coca Cola implemented just-in-time (JIT) and total quality management (TQM) strategies to improve quality, manufacturing efficiency, and delivery times

Supply Network Collaboration has advanced to the point that it is able to complete the supply chain cycle autonomously. Automatic order replenishment is enabled through production planning and scheduling of logistics and the materials required. The Coca-Cola Company is running a very advanced system that works autonomously to complete a supply chain cycle through its automated replenishment of dispensers. At night, data is processed to create and calculate replenishment orders and send them to the machines that require new orders. The orders are first sent to the distribution centers and then to the outlets. It is through this advanced technology that the company has been able to efficiently manage their supply chain all over the world. The Coca-Cola Company only distributes the concentrates to the bottlers who then manufacture the final product, The primary role of the Coca-Cola Company is to control the operations of these bottlers through provisions of standards that should be adhered to by all of them.