Homework "Business Critique"
When critiquing these companies, you should examine key aspects of their SC strategies.
i. Is there a clear Supply Chain Strategy? Walmart leverages its supply chain to help it achieve its business strategy as a "low cost producer" leader in the retail world.
ii. What is the Chain Network Design? How are they able to move products from plants to distribution centers effectively?
iii. Supply Chain Performance. A good measure is customer service, which is linked to profitability. Are your customers satisfied? ie. are products getting there on-time? what about service quality? delays, damaged goods etc...
iv. Supply Chain Cost. Think about cost increases associated with transportation, procurement, inventory and storage, waste, etc...Much of these issues can be addressed through effective cost streamlining measures.
v. Supplier Performance. Building a strong relationship with your suppliers is key to achieving supply chain success.
vi. Ethical Procurement and Corporate Responsibility. Are your suppliers reputable? Any scandals etc...
vii. Inventory Management. Poorly management inventories can resolve in obsolescence, waste, etc..
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.