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Critically explain why an effective supply chain is important to all business functions within an organisation and the key factors to develop an integrated supply chain strategy. Evaluate why and how organisations maintain

Learning Outcomes

Learning Outcome – The learner will: Assessment Criterion – The learner can:
1. Understand the relationship between supply chain management, operations management and organisational business objectives. 1.1 Critically explain the significance of effective supply chain and operational management in achieving organisational objectives.
1.2 Explain the relationship of supply chain management with other business functions in an organisation.
1.3 Critically analyse the key success factors that aid in

developing an integrated supply chain strategy in an organisation.

2. Be able to critically analyse the role of technology in supplier relationships. 2.1 Critically evaluate factors and strategies that drive organisations to maintain supplier relationships.
2.2 Assess the use of information technology to create strategies to develop effective supplier relationships.
2.3 Recommend supplier relations systems to maintain relationships with suppliers.
3. Be able to critically analyse the importance of logistics and procurement in supply chain management. 3.1 Justify the importance and use of logistics in supply chain management in an organisation.
3.2 Evaluate the effectiveness of procurement strategies and procedures in an organisation.
3.3 Critically analyse factors that may improve logistics and procurement strategies in an organisation.
4. Be able to develop a systematic order of procurement and inventory control. 4.1 Design effective and economic order quantity for procurements in an organisation.
4.2 Critically evaluate the role of the principles of LIFO and FIFO in inventory control.
4.3 Evaluate the just in time systems of managing inventory.
5. Be able to develop a strategy to improve an organisation’s supply chain. 5.1 Analyse factors involved in developing a strategy to improve an organisation’s supply chain.
5.2 Plan various supply chain strategies to improve an organisation’s supply chain.
5.3 Justify the choice of a supply chain strategy according to its suitability, feasibility, acceptability and overall performance benefits in an organisation.

Scenario

There is no scenario for this assignment.

Task 1 of 2 – (AC1.1, 1.2, 1.3, 2.1, 2.2, 2.3, 5.1, 5.2 and 5.3)

Instructions:

With reference to one organisation of your choice, write a report in which you should by using specific examples:

  • Outline the nature of the organisation with a background to its operations.
  • Critically explain why an effective supply chain is important to all business functions within an organisation and the key factors to develop an integrated supply chain strategy.
  • Evaluate why and how organisations maintain supplier relationship, before recommending a supplier relation system to your selected organisation.
  • Critically analyse the factors to consider in developing a strategy to improve an organisation’s supply chain.
  • Assess the use of information technology to create strategies to develop effective supplier relationships.
  • Provide two or more options to improve the supply chain of your organisation and assess their suitability, feasibility, acceptability and benefits before making your justified recommendation.

Delivery and Submission:

  • 1x essay (circa 2500 words)

Referencing:

  • Each section must reflect any supporting Harvard style citations.
  • A comprehensive Harvard style reference list must be included at the end of the work.

Task 2 of 2 – Presentation (AC3.1, 3.2, 3.3, 4.1, 4.2 and 4.3)

Instructions:

With reference to the organisation in Task 1, and supporting your answer with examples:

  • Justify the importance and use of logistics in the supply chain and explain their importance.
  • Evaluate the effectiveness of current procurement (both strategies and procedure) within the organisation.
  • Critically evaluate the factors that could be used to improve logistic and procurement for your organisation.
  • Critically evaluate the applicability of a JIT (Just-in-time) system as well as the applicability of a LIFO or FIFO inventory control for your organisation.
  • Propose an effective and economic order quantity system based on your design.

Also Checkout: Management Assignment Sample

Delivery:

  • 1x presentation
  • 1x Executive Summary (circa 1000 words)

Submission:

  • 1x PowerPoint
  • 1x Executive Summary
  • 1x handout (if applicable)
  • 1x mp3 recording (if applicable)

Referencing:

  • Each PowerPoint must reflect any supporting Harvard style citations.
  • A comprehensive Harvard style reference list must be included at the end of the presentation.

Evidence to be submitted:

  • Essay – 2500 words.
  • Business presentation – (1000 words equivalent)
  • 1000 words Executive Summary of presentation
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