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Operations and Supply Chain Strategies
September
2023 Examination
1. There is a multinational company PQR that
operates in the retail business. The company also launched a couple of new
products with their label. Customer demand is increasing because the company
has a good product mix. Whereas the level of actual performance is not that
much increased. As you are appointed as supply chain manager, suggest some
strategies to the organization that ultimately increase performance.
Ans:
Introduction:
As
the newly appointed supply chain manager of the multinational organization PQR,
I recognize the significance of enhancing performance inside the retail
business. While PQR has experienced a surge in customer demand due to its
attractive product mix, aligning this increase with improved operational
performance is critical. In this paper, I will discuss strategies that can be
implemented to optimize PQR's supply chain and enhance overall performance in
the long run.
Concept
& Application:
1. Demand
Forecasting and Inventory
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2.
Consider
last month you started a new business of Electronics items. You are also
thinking to start different branches of your business in your city as well as
outside. To increase the revenue you may explore the international market. In
the dynamic market, you would face tough competition from different online as
well as offline players during the journey. Analyze and suggest a different
level of strategies that you will implement in the firm that can improve
overall business profit.
Ans:
Introduction:
Starting
a new business in Electronics items is an exciting and challenging endeavor. In
today's dynamic marketplace, where opposition is fierce both online and
offline, it's essential to develop effective strategies to boost revenue and
ensure lengthy-term fulfillment. This evaluation aims to explore exclusive
levels of design that can be implemented to enhance the overall business
earnings, including the enlargement of branches in the neighborhood market and
the exploration of possibilities inside the worldwide market.
It
is essential to analyze market traits, consumer possibilities, and the
competitive landscape to achieve sustainable growth and stay ahead of the
opposition. This will allow the business to
3.
A
toy company is working in the India market from the last couple of years. The
company has many branches within the city and outside as well. The company
thinking to start its own manufacturing unit and the government is also
motivating manufacturers to start manufacturing within the Indian market.
a.
Explain
various competitive dimensions in detail that company needs to rework to get
better market share and achieve business excellence in the supply chain.
Ans:
Introduction:
The
toy company's selection to set up its manufacturing unit within the Indian
market is a strategic pass that can decorate its market percentage and obtain
business excellence within the supply chain. By understanding and remodeling
various competitive dimensions, the company can be a leader in the Indian toy
market. This essay will delve into the competitive dimensions
b.
Management
is confused about the selection of the production process. Kindly suggest the
best method in the production process that improves efficiency.
Ans:
Introduction:
The
toy industry in India has skilled good sized increase over the past few years.
With the government's push for domestic production, it is an opportune time for
toy companies to recall setting up manufacturing units. This move aligns with
the government's vision and provides numerous advantages for the company, such
as cost savings, elevated manipulation of the
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