describe how three strategic decisions which the supply chain network depends on will be amended to take into account the negative impacts of covid19 pandemic
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describe how three strategic decisions which the supply chain network depends on will be amended to take into account the negative impacts of covid19 pandemic
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- Review the study of Shi et al. (2021) and answer these questions:a. Is the epidemic boosting attention and research output in the field of OM&SCM and changing international cooperation among scholars?b. During and after the COVID-19 pandemic, what are the uncovered topics and research opportunities in OM&SCM? Reference: Shi, X., Liu, W., & Zhang, J. (2021). Present and future trends of supply chain management in the presence of COVID-19: a structured literature review. International Journal of Logistics Research and Applications, 1-30.What is Supply Chain Risk Management? Supply Chain Risk Management (SCRM) is the process of identifying, assessing, and mitigating the risks of an organisation’s supply chain. Implementing global supply chain risk management strategies can help an enterprise operate more efficiently, reduce costs, and enhance customer service. Supply Chain Risk Management Explained Supply chain management refers to how organisations manage the flow of their goods, including all the processes involved in transforming raw materials the organisation consumes into finished products or services the organisation offers. It includes planning and managing, sourcing, procurement, conversion, and logistics. One primary reason that companies implement a global supply chain management strategy is to boost their competitive advantage. That said, the globalisation of supply chains can also increase the potential risks to quality, safety, business continuity, and reputation. Masodi Organics has a warehouse located…Sustainable Supply Chain Scenario and Theory The focus for most companies today is the development of a sustainable supply chain – one that is robust enough to support itself and actually improve the environment. SCM consists of core business processes such as procurement, operations management, logistics and reverse logistics. Sustainable SCM to organisations means that to improve their environmental performance and mitigate risks that could arise from a supplier’s use of toxic materials in their end product, the poor working conditions in a low- cost country or similar challenges. These processes may negatively impact on the environment, and range from diminishing natural resources, air emissions, waste disposal, increases in natural disasters. The increasing pressures from various stakeholders to improve businesses’ environmental sustainability, in turn, businesses recognise that environmental management is a key strategic issue with the potential for achieving sustainable…
- After reading Ivey Publishing's article "University of Chicago medicine: Transformation and sustainment of the supply chain and adapting to covid-19, What challenges did the outbreak of the COVID-19 pandemic present to the UCM supply chain? How was it able to meet those challenges?Coca-Cola’s British and continental bottling operation has become the latest business to come under pressure from the supply chain crisis, with a “shortage of aluminium cans” hitting supplies. Consumers have taken to social media to discuss a lack of availability of Diet Coke and Coke Zero in various locations in recent weeks. Coca-Cola Europacific Partners (CCEP), which is responsible for making, transporting and selling products including Fanta and Sprite across 29 countries in Europe and Asia, said it had been experiencing “a number of logistics challenges”. Nik Jhangiani, CCEP’s chief financial officer, said the company had experienced issues with the availability of HGV drivers, but had been concentrating on supply chain management during the pandemic to ensure that it could maintain deliveries to customers. “We are very happy with how we have performed in the circumstances, with service levels higher than a lot of our market competitors,” Jhangiani said. “There are still…Coca-Cola’s British and continental bottling operation has become the latest business to come under pressure from the supply chain crisis, with a “shortage of aluminium cans” hitting supplies. Consumers have taken to social media to discuss a lack of availability of Diet Coke and Coke Zero in various locations in recent weeks. Coca-Cola Europacific Partners (CCEP), which is responsible for making, transporting and selling products including Fanta and Sprite across 29 countries in Europe and Asia, said it had been experiencing “a number of logistics challenges”. Nik Jhangiani, CCEP’s chief financial officer, said the company had experienced issues with the availability of HGV drivers, but had been concentrating on supply chain management during the pandemic to ensure that it could maintain deliveries to customers. “We are very happy with how we have performed in the circumstances, with service levels higher than a lot of our market competitors,” Jhangiani said. “There are still…
- Discuss two trends in supply chain management. In general, how should companies in a country prepare for these trends? How would they be affected?With the growing complexity of managing worldwide supply chains, coupled with significant pressures to reduce cost at the firm level, supply managers must learn to manage the inherent risks of global sourcing effectively and efficiently. Where is the supply chain organization vulnerable to potential risk? Identify at least four risks. Why is the organization vulnerable? How will this risk affect the organization if it happens? How will this risk affect the organization’s customers and suppliers? What are the causes of the risk?What can be done to reduce the risk of environmental and economics in supply chain management?
- Identify the ten supply chain risks. Next, select two that you think are of greater risk than some of the others, as of today (MAY 2022) and why.Sustainable supply chain management (SSCM) has gained prominence as a strategic approach for organizations to address environmental and social challenges while enhancing operational efficiency and competitiveness. This paper explores the principles, practices, and benefits of SSCM, emphasizing the integration of environmental stewardship, social responsibility, and economic viability throughout the supply chain. Drawing on theoretical frameworks and empirical evidence, the paper examines various strategies for implementing SSCM, Including supplier collaboration, green procurement, and circular economy initiatives. Furthermore, it explores the role of technology, innovation, and stakeholder engagement in driving sustainability across supply chain operations. By analyzing best practices and emerging trends, this paper provides insights into how organizations can effectively manage their supply chains to achieve long-term environmental and social sustainability goals while delivering…How can a disruption in Target’s supply chain cause problems for the company and its stakeholders? What strategies has Target used to effectively manage its supply chain? Conduct the following research: In addition to your video questions conduct a library research by comparing year to year revenues and profits for years 2020 and 2021 during the high of the COVID pandemic for: - Target - Walmart - Amazon
