Choose an organization delivering goods and/or services globally. Provide a background of the organization and fully describe six components of the organization's supply chain. Examine the potential problems related to each of the components described and explain the approaches of the organization for solving the problems.
Address the concerns the following functions might have about this proposed change:
-Addresses the importance of quality management and measurement within the global context
-Construct control charts to compare global operational processes of the chosen organizations
Would implementing an enterprise resource planning system help streamline operations and achieve efficiencies between operating departments? What major concerns need to be addressed?
See the attached file for the control chart.
The response addresses the queries posted in 1,478 words with references.
One of the best examples of an organization that delivers goods and services globally can be Walmart Stores, Inc. Walmart Stores, Inc. is an American public corporation and has the world's largest retailing chain. It is operating its business in 15 countries and has almost 8,500 stores with 55 different names worldwide. One of the main reasons for the success of Walmart stores is its efficient supply chain management practices in the global market (Soderquist, 2005).
Six components of effective supply chain management
Supply chain management is a process of managing all business activities related to the supply chain in order to increase the value of customers and shareholders through optimizing the distribution of goods and services on time to the customers. There are various components of supply chain management in an organization. The six important components are production, transportation, inventory management, supply, location and information (Mentzer, 2001).
Production is the first step in developing goods and services. It is an important component of an effective supply chain. While producing goods and services, the organization should focus on capacity, volume and quality of goods in order to perform supply chain practices effectively, so that the products and services developed by the organization meets customers needs and demands.
Transportation is an important aspect in successful supply chain management. While delivering the products and goods, the organization should focus on managing transportation. The organization should find the transportation facilities that take less transportation cost by the organization. Strategic transportation decisions increases the efficiency of supply chain management through delivering products and services to the customers on time.
Location is also a very important component of effective supply chain management. For effective production of goods and services, the organization should select a good location that is very necessary. The organization decides the location for producing goods according to the needs of the market and customer satisfaction. The organization should select a location where the distribution and transportation facilities, other facilities that are necessary for effective production of goods and services are easily available.
The response addresses the queries posted in 1,478 words with references. In this solution, we have selected Walmart as an organization that delivers goods and services globally. We will explain six components of supply chain management and also describe how to overcome the problems related to components of supply chain management. This solution will also include Walmart's supply chain management and explain the importance of quality management and measurement. We will also explain control charts to compare global operational processes of Walmart. The implementation of ERP systems and major concerns associated with it is also discussed.