Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i need answers all questions A trading company working in the field of medical devices, equipment, and consumables. The Company set a strategy to be

i need answers all questions
image text in transcribed
image text in transcribed
A trading company working in the field of medical devices, equipment, and consumables. The Company set a strategy to be the market leader and to double their business turnover within 5 years time, with exceptional service and quality. Currently, they have a storage facility in one location with 1000m2, that utilize currently at 50% with an average stock that covers 4 months consumption based on current year plan. In addition, they have almost 5 imported shipments on a monthly basis that cover all the required products needs and these shipments handled through one agent (FF). They also have 2 trucks owned with a capacity of 1 ton each for delivery to customers. The trucks normally operate on an average of 10 trips for each truck on weekly basis, covering the working region. Based on that, we need to study the case and recommend the Supply Chain plan for the way forward of the coming 5 years to align with the company strategy and support to achieve objectives considering the below: 1) What will be the plan for the warehouse 2) What are the expectations and actions on the procurement side with suppliers 3) What is the potential strategy for the freight forwarder 4) What do you recommend for the delivery operations 5) What is the recommended Supply Chain balance score card/ traffic lights/ KPIs to monitor the progress and confirm alignment with company strategy 6) What support do you need from leadership team and other departments to help achieving your targets A) What Supply Chain Organization Structure do you recommend to effectively manage all the supply chain activity with highlighting any extra or reduction in resources at each department B) Recommend activities and plan that will help all the teams to work effectively and build team work and second line leader C) What support do you need from the managing director, leadership team, other departments (HR/ Finance) to achieve your plan. D) Set the Supply Chain score card that will monitor the objectives towards Supply Chain best practice

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems A Practictioner Emphasis

Authors: Cynthia D. Heagy, Constance M. Lehmann

10th Edition

1891002821, 9781891002823

More Books

Students also viewed these Accounting questions

Question

23 Differentiate the following function.

Answered: 1 week ago