Thursday, June 20, 2019

Supply Chain Management College Case Study Example | Topics and Well Written Essays - 500 words

Supply Chain Management College - Case Study ExampleThis creates a bottle neck, which is translated in its inability to add the eight-pack in the market. This creates a substantial loss in consumer sales which could have uplifted the numbers for the sales and marketing department. The inability to run in full capacity leaves round of its products unmanufactured. This can be seen as an opportunity cost for the company.Supply chain is indeed one of the major areas for companies to gain a competitive edge and operations is the first step (Lee, 2002). Efficient operations management allows the company to cut on costs through efficient labor and capital use and presents preferred products to the marketing people. The Seven Principles of Supply Chain Management suggests that to develop a supply chain-wide technology strategy that supports multiple levels of decisionmaking and gives a draw view of the flow of products, services, and information (David L. Anderson, 1997). The system prep ares the company in the short-term, the midterm and the long-term operations. For the daily transaction, this technology will be used to align the supply to the demand through sharing of information on orders and daily scheduling (David L. Anderson, 1997).

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