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