How did covid-19 affect strategic management in supply chain management. Argue in favour of the above.
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How did covid-19 affect strategic management in supply chain management. Argue in favour of the above.
Note, this is not an essay
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- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?What problems did COVID-19 being in supply chain management?How did covid-19 affect strategic management in supply chain management? Argue in favor of the above Convince the reader why your research is worth doing. note: not an essay
- Put this in other words. Analyze and elaborate this one. In the intricate orchestration of supply chain management, predictive analytics emerges as an indispensable conductor. Drawing upon colossal datasets from multifarious sources, predictive analytics unfurls a tapestry of precise supply and demand prognostications, meticulous inventory optimization, seamless logistics orchestration for punctual deliveries, anticipation of equipment maintenance exigencies, and the nimble adaptation to unforeseen contingencies. In this ever-evolving landscape, predictive analytics has metamorphosed into a critical lever for cultivating an agile and resilient supply chain, warding off disruptions, and laying the foundations for sustainable success.Which of the following statements are true or false? 1.1 One of the objectives of purchasing and supply chain management is to maintain an optimum balance of inventory that would ensure the desired level of customer service while increasing costs. 1.2 Supply management has a major impact on the net income of the firm because it increases input costs and reduces sales revenue 1.3 The purchasing and supply function of a firm operates independently from the other enterprise functions. 1.4 Supply Management is the process of planning, organising, coordinating and controlling all the resources of the firm effectively and efficiently in order to attain the objectives of the firm as determined by management. 1.5 Strategic plans formulated at top management of purchasing and supply management are implemented or executed at top level management 1.6 In decentralized purchasing structures negotiating power is increased and volume discounts are made possible. 1.7 Steps of the strategic…A newly recruited Supply chain manager wants to understand the reporting featurefrom the supply chain software & has received the credentials:1. For logistics reporting – Click on Logistics and filter the logistics data by logistics Type – InboundLogistics, Outbound logistics & Third-party logistics (TPL) available for both inbound & outboundservices.a. Inbound Report: Click on inbound logistics report icon & group the information byPurchase order, Commodity & Quantity.b. Outbound Report: Click on outbound logistic report icon & group the information bySales order, Commodity & Quantity.c. Third Party Logistics (TPL): First check the service contract validity by clicking validatebutton. Generated report can be exported in .pdf, .csv & .xls format.2. You can save the report template and set to auto-notify via email on daily, weekly &monthly basis.3. Click on Visualize icon to display the generated report with line, bar, pie & stock…
- Table: Factors causing the decline in salesFactors % ContributionDelayed deliveries 15%Lack of delivery personnel 8%Inaccurate sales orders 25%Wrong deliveries 32%Delayed invoicing 6%Pilferage 7%Expired items 7% a. Following the Pareto Principle, what are the vital factors or main contributors to the decline in sales? Show your Pareto Chart and indicate or label the vital factors or contributors to the problem.Hint: know the vital few % b. What are the vital factors or vital contributors to the problem? c. If the sales and marketing manager wants to reduce the impact of vital factors or contributors by 70%, what will be a good GOAL Statement to improve his sales problem?1. In supply chain management, give the types of analytics that are very important to use and explain their individual purposes. 2. Why analytics is critical to supply chain management? Please answer, I really need help1. A hotel tries to reduce the perishability of its services by selling last minute inventory at a highly discounted price. This technique presents threats to a company’s: A. Brand image B: Variability of services C: Relationships with suppliers D: Human resources turnover 2. Sometimes, hotel and airline companies upgrade guests to higher-end services. For such services, there are not a lot of word-of-mouth, reviews, or pictures available. For example, a hotel may upgrade a guest who paid for a regular room to a suite in order for the guest to experience an upscale product that the customer does not purchase often, but may purchase in the future. This situation, where a guest may experience an unfamiliar upscale service for the first time, is likely to result in a __________ in the __________ of services. A: increase, intangibility B: reduction, intangibility C: reduction, variability D: increase, variability 3. In hospitality and travel industries, customers and frontline…
- 6. A system that enables people to conduct financial transactions from a smartphone or other wireless mobile device is called: A. Imaging Systems B. Mobile Banking C. E-payments D. None of the above 7. Forward auctions offer the following benefits to B2B sellers except: A. Increased “stickiness” B. Cost savings. C. Revenue generation D. Decreased "stickness" 8. A special category of e-learning is called: A. M-learning B. E-Training C. E-Books D. None of the above 9. New knowledge must be placed in context so that it is actionable is: A. Capture knowledge B. Update knowledge C. Refine knowledge D. Disseminate knowledge 10. This developing technology is supposed to replace the WiMax. A. Wireless wide area networks B. LTE (Long Term Evolution) C. Wireless local area networks and Wi-Fi D. Personal area networks Note: i just need right option no need explain, (like 6 ans b, 7 ans b)GCMMF (AMUL)-Managing Supply Chain to Align Customer Demands: Gujarat Cooperative Milk Marketing Federation (GCMMF) is the largest food products marketing organization in India. It is a state-level apex body of milk cooperatives in Gujarat, which aims to provide remunerative returns to farmers and also serves the interest of consumers by providing quality products and value for their money. It had Amul as the flagship brand, which is a market leader in milk products. The annual sales turnover GCMMF in 2019-2020 was Rs. 38,542 crores. The product mix includes bread spread, powder milk, cheese, dessert, health drink and fresh milk. The State Marketing Federation comprises of 17 dairies, 10,675 villages and 2.2 million milk producers in Gujarat State. The value chain of GCMMF consists of -Milk Production - 2.6 million Farmers Milk Collection - 1,27,92 Village Co-op Societies, Milk Processing - 13 Milk Processing Unions; Marketing - GCMMF Distribution - 3000 Distribution Points; Retail -…Explain how you would design an internal control system for Safaricom ltd using the COSO framework internal control model.