Q1b.
To be able to successfully implement real time technology to improve our overall business performance, we will use some strategies throughout the entire supply chain.
Strategic Cost Management/Funding
It is important we assess the financial impact of adopting the system by conducting cost analysis. This will enable us identify the cost to be incurred and the benefits to be derived. If the benefit out weighs the cost, it will help the company gain sustainable competitive advantage, then it will be adopted. We will formulate the strategy to use real time technology and communicate to management for review and their approval. When it is approved by management, we will develop and carry out the tactics to implement the strategies. Finally controls will be developed and implemented to monitor the success of the system.
It is said that employees are the most important assets of an organisation …show more content…
We will do a SWOT analysis to compare outsourcing our logistics to doing it in-house. If the 3rd party can do it better it will save us time and free resources so we can focus on our core competencies. In my opinion, when our logistics is outsourced, the 3PL can share our responsibility with us by keeping the stores stocked properly, and deliver the perfect order every time. We will collaborate with our service providers by nurturing the relationship for outsourcing to be successful. This can be achieved by creating mutual trust, understanding and creating an open environment for service providers to contribute in the contract delivery. with a formal and structured contract with our service providers, service delivery will be satisfactory to both parties, expected business benefits (timely delivery of our beer) and value for money will be
To be able to successfully implement real time technology to improve our overall business performance, we will use some strategies throughout the entire supply chain.
Strategic Cost Management/Funding
It is important we assess the financial impact of adopting the system by conducting cost analysis. This will enable us identify the cost to be incurred and the benefits to be derived. If the benefit out weighs the cost, it will help the company gain sustainable competitive advantage, then it will be adopted. We will formulate the strategy to use real time technology and communicate to management for review and their approval. When it is approved by management, we will develop and carry out the tactics to implement the strategies. Finally controls will be developed and implemented to monitor the success of the system.
It is said that employees are the most important assets of an organisation …show more content…
We will do a SWOT analysis to compare outsourcing our logistics to doing it in-house. If the 3rd party can do it better it will save us time and free resources so we can focus on our core competencies. In my opinion, when our logistics is outsourced, the 3PL can share our responsibility with us by keeping the stores stocked properly, and deliver the perfect order every time. We will collaborate with our service providers by nurturing the relationship for outsourcing to be successful. This can be achieved by creating mutual trust, understanding and creating an open environment for service providers to contribute in the contract delivery. with a formal and structured contract with our service providers, service delivery will be satisfactory to both parties, expected business benefits (timely delivery of our beer) and value for money will be