What are the Major Challenges in Supply Chain Management today? How Can you Overcome them?5 Marks

Learning Goal: I’m working on a management multi-part question and need an explanation and answer to help me learn.

Learning Outcomes:

• Discuss the reasons and methods of governments’ intervention in trade (CLO: 1.2)
• Analyze the effects of culture, politics and economic systems in the context of international business (CLO: 2.1)
• Carry out effective self-evaluation through discussing economic systems in the international business context (CLO: 3.6)

Report Writing

Select any publicly listed Saudi Company that operates in Europe and/or Africa, and write a (minimum of 2000 word) report covering the following points:

• Present the study report with clear Introduction and Conclusion including your own views. (minimum words: 500, marks: 3)
• Using SWOT analysis, analyze the external and internal environment of your selected company. (minimum words: 900, marks: 7)
• Analyze the political, economic, cultural and legal challenges the company currently faces in any of the country it operates (select one country in which the company operates for this analysis).(minimum words: 600, marks: 5)

Strengths: Explain the strengths of the selected company;

Weaknesses: Describe the areas of weakness in the company’s operations;

Opportunities: Examine factors that may improve the company’s chances of success;

Threats: Discuss the external threats to the business company’s success.

1.1 Describe the concept of operations functions, supply chain strategy, process selection,

forecasting, capacity planning, production forecast methods and schedule operations.

2.3 Implement technological tools in production models like forecasting, lean

manufacturing and world class manufacturing (WCM) to enhance the productivity and

communication with other persons involving in operation and also to review their

contribution to the profit.

CREATIVE THINKING ASSIGNMENT ON SUPPLY CHAIN MANAGEMENT

Supply Chain Management (SCM) refers to the technique of handling a string of operations involved in the transportation of raw materials from the source to an enterprise to develop a desired product or service, which will eventually be delivered to its intended customer.

A properly functioning supply chain is crucial to the development and growth of any country. It gives countries a competitive edge over others in the marketplace. Supply chain management is aimed at cutting down costs, maximizing efficiency, and increasing productivity.

To strike a fruitful balance between supply and demand, supply chain management must join hands with technology to improve supply chain processes and provide solutions to eliminate existing supply chain constraints.

To keep in view the above importance of Supply chain answer the following questions.

Q1. What are the Major Challenges in Supply Chain Management today? How Can you Overcome them?5 Marks (500 words Minimum)

Q2. Define the role of E-logistics in supply chain operations.4 Marks (400 words Minimum)

Q3. Explain the role of technology in Supply chain Management with special focus on Block chain technology.3 Marks (300 words Minimum)

Q4. Assume yourself as an advisor of Supply chain discipline, suggest ways and means through which supply chain efficiency can be improved?3 Marks (300 words Minimum)