1 day ago · Essay writing on winning spirit Juvenile tried should not adults essay as be, research paper on pharmacy. Give me a narrative essay? Case study on derivatives market in india be should as essay adults Juvenile not tried how to write synopsis for a research paper, my country is sri lanka essay in sinhala essay on monsoon season class 3 Management Services Officer / Management Assistant NVQ 04 St. Judy Paramedical College of Sri Lanka. Management Services Officer is a Basic Level profession of an organization who is supporting the middle Level management to effectively carry out the duties of the organization Woolworths is an Australian Supermarket retail chain. This report provides and in depth analysis of the Woolworth Supply Chain Management system, its methodologies and strategies. This report highlights the various shortcomings of the Woolworths supply chain management system and provides suitable measures to improve them to maximize revenue
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Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now! Task: Please describe in detail, everything about Woolworths Supply Chain Management.
Introduction One of the most prominent retail companies in the Australian and New Zealand market is Woolworths Supermarkets, who also happen to stand at the number one spot, when it comes to liquor retail. The primary area of business for Woolworths is retail, which mainly focuses on groceries as well as CDs and DVDs along with magazines.
Apart from groceries, Woolworths also has its hands in the Petroleum Industry, Hospitality as well as General Merchandise Arley et al. The company boasts a gigantic distribution channel composed dissertation writing services sri lanka transport more than suppliers along with over retail stores.
The company is able to keep its stores stocked and supplied through its efficient system of managing the Supply Chain. The objective of this particular assignment is to analyze and ascertain the essentials of Woolworths Supply Chain Management system. In this specific assignment, the methodology which has been used for the collection of data as well as data analysis has also been disclosed along with a clear interpretation of the data accumulated. This proposal will facilitate the understanding of the chain management system as used by the company which has contributed to the growth of the Woolworths retail chain, dissertation writing services sri lanka transport.
Problem Statement The primary objective of this analysis is to draw out the essentials of the Woolworths Supply Chain Management system. Literature Review When we talk about Supply Chain Management, we are referring to a process which facilitates the free flow of goods and services from the suppliers, who are the creator of goods, to the consumers, who are the end users of the product.
The possibility of being able to integrate the varying processes central to Supply Chain as well the facilitation of reduced usage of inventory through the implementation of a System for managing a Supply Chain, is a widely accepted fact Connelly, Ketchen and Hult, The System for Managing a supply chain essentially comprises of three distinct flows which are: Product, finance and data flows.
Flow of products is the primary concern of Woolworths Supply Chain Management system. The movement of goods that transpires between dissertation writing services sri lanka transport creators of the goods or the producers and the end users of the goods or the customers is referred to as the Flow of products Flax, Sick, and Abrat, Even though Woolworths stands atop the Australian Grocery chain industry in terms of size, what stands apart for Woolworths is the efficiency with which they have been able to manage their supply chain.
The primary concern of Woolworths is to make fresh foods and vegetables available to its customers Juan Ring et al. The primary suppliers of fresh foods dissertation writing services sri lanka transport vegetables for Woolworths are the local suppliers of the Australian continent Devin and Economist, The company has, for the purpose of efficient supply of goods to its customers, established warehouses all over the country, dissertation writing services sri lanka transport was a strategic move under the Woolworths Supply Chain Management system.
With the objective of achieving smooth mobility of the goods and services, distribution centers have been setup at various places. A great transport facility for its goods is also a factor that aids to the success of Woolworths, dissertation writing services sri lanka transport. In order for this strategy to work, the product that is the focus of the business needs to be a product which is highly differentiated from the competition, which aids in sales.
Woolworths is a leading proponent of this strategy in the Australian and New Zealand markets Ericsson and Svensson, Woolworths prioritizes on getting its customers the best and freshest foods at the most affordable prices. Though Woolworths is not alone in this market and has to face fierce competition from three major rival companies: Coles, Costco and Aldi. Woolworths has deep pockets and has a heavy influence on indigenous suppliers, dissertation writing services sri lanka transport.
As a result it is able to procure products at very cheap costs, and thereby emulating the principles of the Woolworths Supply Chain Management system of selling quality goods at lower prices. Another organization that follows a similar practice is Aldi, which utilizes and relies on domestic sources and channels for procuring its goods, unless there is an issue with availability.
In this case the products have to be procured for foreign suppliers. Dissertation writing services sri lanka transport is in the practice of using a need based procurement system for obtaining its goods, which comprises of booth local suppliers alongside international suppliers Varghese et al.
Another measure that the company took, to reduce the cost of products for the consumers, was the reduction of the wages being offered to the supply chain employees, which the company realized to be a mistake. Consequently the company has made as per its robust Woolworths Supply Chain Management system and has made amends and is back on track. Another measure that Woolworths took to strengthen its supply chain is the forecasting of inventory in its stores.
This however results in overstocking of stores with excess stock, which ultimately leads to wastage of goods. This issue has been identified and measures are being prepared to counteract this issue. As discussed previously, the forecasting mechanism of Woolworths was resulting in the excessive accumulation of stock in stores.
Another side effect of inaccurate forecasting of demand at certain stores results in the shortage of goods for other outlets. This amounts to a lot of wastage and also hampers sales. A combination of Woolworths Supply Chain Management system as well as the team has facilitated the smooth functioning of Woolworths on a daily basis.
Problem Analysis Queries Essential problems which are pertinent to this analysis are as follows:. Variables and Hypotheses There are essentially two variables that have the most impact and thus have to be taken into account, for the purpose of this research. The Hypothesis for this research has been explained below H The sales of Woolworths bears no connection to any new method applied in the Woolworths Supply Chain Management system, dissertation writing services sri lanka transport.
H The Woolworths sales is directly linked to and have benefited substantially from the new methods applied in the Supply chain. Operational Definitions and Measurements: The currency to denominate the sales figures in this analysis is the Australian Dollar and rightly so, considering that the company is also Australian Market centric.
In order to ascertain the status of employment for Woolworths, taking into consideration, the number of employees, their salaries etc, dissertation writing services sri lanka transport. is suggested.
Methods of Research This section deals with the methodologies employed for the purpose of data collection and analysis. The process of information collection has been undertaken and both approaches: Quantitative as well as Qualitative have been considered. For the purpose of this research, secondary is collected which includes Information pertaining to sale of goods, dissertation writing services sri lanka transport, the number of employees within the outlet, as well as number of supply chain employees.
This information procurement may be done through a questionnaire sent to the store managers. Sampling Techniques For the purpose of this analysis, cluster sampling technique was employed by the investigator, considering Woolworths has its presence spread across the continent of Australia uniformly, the groups formed however can be attributed to the geography.
Each cluster in this analysis was state based and data was randomly selected from handpicked stores from a particular area. Analysis Procedure Analysis of the information procured, will be calculated solely for the variables buy use of different descriptive statistics techniques, dissertation writing services sri lanka transport, meanings, variance, and correlation values.
It is also suggested to conduct a variance analysis of the values. It will be notable that the regression coefficient would bring to light the effect that the variables have on the data pertaining to sales. Process of Research The Process utilized for the research lays down the precise procedure and methodologies to be utilized for the purpose of this analysis.
The analysis begins with an attempt to discern the problem, central to the analysis, followed by dissertation writing services sri lanka transport next step, which is to review extensively of the literature. The subsequent step is the collection of data and consequently its analysis.
Eventually, the analysis from the data helps in drawing out the conclusion. Expected Outcome Hopefully, analysis is a positive result, which is embodied in the second hypothesis. Conclusions In this analysis work, the Supply Chain Management of Woolworths would be analyzed. The analysis also illustrates the data collection as well as analysis methodologies employed for this analysis as well as the possible outcomes that the analysis will bring to light.
Through this analysis Woolworths Supply Chain Management system would be scrutinized and analyzed. References: Arli, V. and Soldo, E. Woolworths Australia and Walmart US: Best practices in supply chain collaboration. Journal of Economics, Business, and Accountancy Ventura, 16 1pp.
Connelly, B. and Hult, G. Global supply chain management: toward a theoretically driven research agenda. Global Strategy Journal, 3 3pp. de Groot, N. Development of a horticultural fresh produce supply chain in malawi Report on a Scoping Mission September LEI, onderdeel van Wageningen UR. Devin, B. and Richards, C. Food Waste, Power, and Corporate Social Responsibility in the Australian Food Supply Chain.
Journal of Business Ethics, pp. Dos Santos, M. and Padin, C. Indicators of sustainable business practices: Woolworths in South Africa, dissertation writing services sri lanka transport. Supply Chain Management: An International Journal, 18 1pp. Eriksson, D. and Svensson, G. The process of responsibility, decoupling point, and disengagement of moral and social responsibility in supply chains: Empirical findings and prescriptive thoughts.
Journal of Business Ethics, 2pp. Fernie, J. and Sparks, L. Logistics and retail management: emerging issues and new challenges in the retail supply chain. Kogan Page Publishers. Flax, J. and Abratt, R. The perceptions of supplier-buyer relations and its affect on the corporate brand. Journal of Brand Management, 23 1pp. Jie, F. and Chan, C. Australian beef supply chain integration: case studies of the two largest Australian supermarkets.
GIS Research Topics [GIS Porofessional] and [GISGeography]
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