Supply chain 2A Mcdonalds : List and explain the performance dimensions that are relevant to operations and supply chain management, and explain why it is sometimes necessary to make trade-offs amongst performance dimensions. (20)
List and explain the performance dimensions that are relevant to operations and supply chain management, There are various performance dimensions, that are relevant to operations and supply chain management, let me list one by one with explanation:
Mc Donald into Fast food supply chain, their Food products include Burger, Apple Pie, Snack Wrap, they are using Franchisee policy for entering into various market, also they have collaborated with dedicated vendors, Farmers, for improving their operational processes and effectiveness and efficiency of their supply chain processes,
Any supply chain activities and operations should be managed in a way, so it can focus on customer orientation, as both need to deliver the service with meeting needs of customers, Company should consider about the value proposition, and look for increasing their capability to accommodate the changing behaviors and needs of customers, for Mc Donald, Customer satisfaction and happiness is important factors, their marketing policy has created much differentiated and unique food products for customers,
Network Design for both supply chain management and operations management take key role and it also help us to uphold excellence framework within and with the help of Network design, we can do trade off among various area like cost, service and Scope, Resources, further we will be able to earn flexibility, improve quality of operations and supply chain area, For Mc Donald, They have created user friendly Network design, they food delivery include door step service and take food in Brick and mortar Outlet,
Strategic Depth another key dimension for operations and supply chain management, the strategic consideration can meet the business need for an organization, the business can earn with operational and supply chain excellence, they reach their goal with sustainability and better or optimized return
Talent Management takes highly important dimensions for both supply chain and operations Management, as with such dimension, company can retain better talent for their services and they further invest in them, so they can bring high commitment for their business and organization, thus, Talent Management include various role like recruiting right talent to manage and retain them effectively, Mc Donald also created lot more Job employment opportunities for delivery boy to Technology people, they also advanced their operational processes with taking automation or do it yourself approach
Technological development, creating smart process, creating hassle free process, increasing use of automation, also are highly impacting the supply chain and operations area, so, Technology Management is crucial dimension for the organization, with the help of it, they can improve supply chain and operational processes, they can create better network and process design for such supply chain management and operations management, again, Technological needs are crucial for creating lot for demand in organizations and in individual, thus, with the help of technology, now a days we find lot more creativity and innovation in organizational product and services, There are others dimensions like Agility, and Organizational culture also are highly relevant to supply chain processes and operations processes, Explain why it is sometimes necessary to make trade-offs amongst performance dimensions. We need to make trade -offs amongst various performance dimensions, there are various reason for it, let me discuss:
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Supply chain 2A Mcdonalds : List and explain the performance dimensions that are relevant to operations...
4. List and explain the performance dimensions that are relevant to operations and supply chain management, and explain why it is sometimes necessary to make trade-offs amongst performance dimensions. (20)
List and briefly describe the drivers of supply chain performance, and explain how IT or IS can support them ?
PROGRAMME BACHELOR OF COMMERCE IN SUPPLY CHAIN MANAGEMENT MODULE SUPPLY CHAIN MANAGEMENT 2A TOTAL MARKS 60 MARKS Identify any logistics and supply chain related organization of your choice and write a report on the following: 1. Find out the mission statement of the organization, from the said mission statement: 1.1. find out why the organization exists? (5 Marks) 1.2. What are the core values that are important to the organization? (5 Marks) 1.3. Discuss the organization domain and how the...
Leveraging Supply-Chain and Logistics Management Logistic Chain Management: A marketing channel relies on logistics to make products available to consumers and industrial users. Logistics involves those activities that focus on getting the right amount of the right products to the right place at the right time at the lowest possible cost. The performance of these activities is logistics management, the practice of organizing the cost-effective flow of raw materials, in-process inventory, finished goods and related information from point of origin...
Explain the role of each of the major drivers of supply chain
performance in the competitive strategy
Tutorial 2 1. Why is i t better to view inventory management in the broader context of logistics than to consider it as a separate function? 2. Strategic decisions within an organization tend to be vague and unfocused. How can these hazy aspirations have any impact on a precise area like inventory management? How can different business strategies affect the decisions made by...
List three types of supply chain risks. Explain ways to mitigate these risks.
1-The term “supply chain management” is one of the most confusing and misused terms in business. For our purposes, supply chain management: a)plans, implements and controls the efficient, effective flow and storage of goods, services, and related information between the point of origin and the port of consumption in order to meet customers’ requirements. b)is the integration of key business processes from end user through original suppliers, that provides products, services, and information that add value for customers and other...
Review how the companies' services can be used for supply chain management. Based upon this review of Purolator Logistics and Trans-X logistics, answer the following questions: Which supply chain processes can each of these companies support for their clients? Explain. (10 marks) Explain in detail how customers can use the website of each company to help them with supply chain management? (20 marks) Compare the supply chain management services provided by these companies. Which company would you select to help...
Imagine you are the manufacture of pet supplies you make a variety of pet supplies list at least for performance categories that you might be rated on by your customers with regard to supply chain management then explain what the performance attributes would be for each of the four performance categories
Chapter 3: Quality and Performance 1) Explain why quality is important, what are the benefits of good quality and the consequences of poor quality. 2) Why is order of observation important in process control? 3) If all observations are within control limits, does that guarantee that the process is in control? Explain. 4) Briefly explain the purpose of each of these control charts: a. x-bar b. Range Chapter 12: Supply Chain Management 1) Explain the importance of supply chain visibility...