Coca Cola Supply Chain Management

The JIT approach to manufacturing involves timing the delivery of resources so that they arrive just when needed. Inventory optimization models help the firm determine how many of which items in which sizes should be delivered to each specific store during twice-weekly shipments, ensuring that each store is stocked with just what it needs. Trucks serve destinations that can be reached

Supply-chain management consists of developing a strategy to organize, control, and motivate the resources involved in the flow of services and materials within the supply chain. A supply chain strategy, an essential aspect of supply chain management, seeks to design a firm’s supply chain to meet the competitive priorities of the firm’s operations strategy.

Lastly, the just-in-time (JIT) approach is an operating philosophy that requires that all resources, including materials, personnel, and facilities, be acquired and used only as needed (Mazumder, 2007). The JIT approach works great for manufacturing companies because of their common classes of material that they use which are raw materials, work-in-process, and finished goods (Mazumber, 2007). According to JIT concept raw materials are received just in time to go into production, manufactured parts are completed just in time to be assembled into products, and products are completed just in time to be shipped to customers (Mazumber, 2007). The

List and explain all aspects of supply chain management. pg 416; week5 lecture, pg 4;

Mellat-Parast and Spillan (2014) defines supply chain management as the method of handling material and information moves from the beginning, through the organization, and to the end-user. This is a very important factor of organizational strategy.

Supply chain is the process of getting a product from point A to point B. With how advanced technology has become, there are more ways than ever to transport the product. The goal of a supply chain managers is to get the product into their hands. The mangers negotiate with the suppliers to purchase the raw materials. Then, they ship those materials as efficiently as possible through trucks, ships, and trains. Then finally, they do everything they can to make the product gets to the store on time so the consumer can enjoy the product. Why is this so important? Well, without it, we as the consumer wouldn’t enjoy that fresh produce that Kroger provide or the convenient drive thru pharmacy. Everything we own is because of a company’s supply chain, and without these supply

If there is too little production of inventory then you will have unhappy customers. And if there is too much inventory produced then you will have an excessive amount of inventory in storage. These factors happen when the projection for a project is wrong and the data used is incorrect.

A Supply Chain (SC) is an integrated process where involves various parties who are directly or indirectly working together to fulfil a customer’s demand. These parties can be manufacturers, suppliers, transporters, warehouses, distributers, retailers and end consumers. The functions of the SC cover a variety of areas, such as R&D, information flow, marketing, finance, distribution, operation, and customer services.

Quality is the features and characteristics of products (goods) and services that bears its ability to satisfy stated or implied needs. Quality expectation can go a long way within a business as the consumers influences on a business it what drives the business, certain quality standard is to be uphold.

Information is the biggest driver of supply chain as it effects the other drivers. It helps to meet customer needs at lower cost and gives visibility of transactions. PepsiCo's deal with Hewlett Packard to improve supply chain management and increase overall efficiency. It provided IT solutions focused on updating server environments and ensuring new infrastructure improving the operations and increased overall cost-saving. The solution implemented, helped encourage strong customer relationship management and supply chain management. It reduced costs as well as enhanced service provision online and via its communications networking system. With implementation of these services PepsiCo is better adaptable to meet changing business needs and provide better service to customers.

Q: What is Supply Chain Management? Also explain the role in operations of the business.

In the face of such points, the coca cola company always do the best. For example, to celebrate the Singapore 50 years, coca cola has introduced a promotion “Share A Coke”. Customer could entitled a “share a coke” can with every 10 dollar purchase. This promotion would shine the coca cola a brighter spotlight in Singapore because it is personalize. Even the customer does not like or want to buy the coke, they would pay 10 dollar buy the coke but just for the special can. There is no doubt that it would increase in sales significantly while celebrating the Singapore 50

Supply chain management is a main process in all kinds of companies. That’s because an optimized supply chain results in lower costs and a faster production cycle.

goods. They can also be in process between different locations. Holding of inventories can cost a

Supply Chain is a system of organizations, people, activities, information and resources related to the transfer of products or services from suppliers (supply chains) to customers. Supply chain operations involve converting natural resources, raw materials and components into a finished product to be delivered to the end customer. In complex supply chain systems, the products used can re-enter the supply chain at any point where the residual value can be recycled. Supply chain links the value chain. Supply chain management includes all planning and management related to supply, procurement, conversion, and logistics management activities. Equally important is that it also involves coordination with partner channels such as vendors, intermediaries, third-party service providers, and customers. Essentially, supply chain management integrates supply and demand management within and outside the company. Supply chain management is an integrated function with the primary responsibility for connecting the core business functions and business processes within companies into a high-performance and engagement business model. It covers all of the logistics management activities outlined above, as well as manufacturing activities, and it promotes collaborative processes and activities with marketing, sales,