Question
This project aims to analyze D Mart's non-compliance deductions for Cadbury, determine the root causes of these deductions, and provide recommendations to reduce costs and
This project aims to analyze D Mart's non-compliance deductions for Cadbury, determine the root causes of these deductions, and provide recommendations to reduce costs and improve supply chain efficiency. The project aims to identify the factors contributing to non-compliance penalties and offer analysis-based conclusions and improvement suggestions.
The project will result in reduced rework and waste, higher profitability, and improved customer satisfaction. The literature review should focus on the current state of supply chain management, the impact of non-compliance fines on supply chain efficiency, and best practices for reducing non-compliance penalties in supply chain operations.
Approach to solving the question:
The approach to solving this question would likely involve the following steps:
- Reviewing relevant literature on supply chain management and the impact of non-compliance fines on supply chain efficiency. This could include academic articles, industry reports, and case studies.
- Analyzing the data provided by Cadbury on D Mart's non-compliance deductions to identify the root causes of these deductions and the key drivers of each code type of non-compliance.
- Examine the data's trends and patterns to determine any recurring issues or problem areas that must be addressed.
- Develop recommendations for reducing the costs involved in the business with D Mart based on the findings from the data analysis. These recommendations could include changes to processes, strategies, or technology.
- Verifying the recommendations through further analysis and testing to ensure their effectiveness and potential impact.
- Present the findings and recommendations clearly and concisely to the client, with supporting data and evidence as needed.
- Continuously monitor and measure the recommendations' impact to ensure their effectiveness over time and make necessary adjustments as needed.
A literature review on the analysis of non-compliance fines in the supply chain and its impact on businesses is provided below:
- "The Impact of Supply Chain Disruptions on Firms: Evidence from the 2008 Chinese Milk Scandal" (Liu, Li, & Zou, 2016) highlights the importance of supply chain management in reducing the risk of non-compliance fines. The study found that companies with solid supply chain management practices were less likely to experience negative impacts from supply chain disruptions.
- "An Analysis of Non-compliance Fines in the Supply Chain" (Wang, Ma, & Sun, 2019) explores the root causes of non-compliance fines in the supply chain and provides recommendations for reducing these fines. The study found that poor communication and coordination between suppliers and customers and a lack of compliance with regulations were the leading causes of non-compliance fines.
- "Mitigating Supply Chain Risks through Collaborative Planning" (Liu & Fang, 2018) emphasizes the importance of collaboration between suppliers and customers in reducing non-compliance fines. The study found that collaborative planning between suppliers and customers can improve supply chain visibility and reduce the risk of non-compliance fines.
- "The Impact of Supply Chain Integration on Non-compliance Fines" (Zhou, Chen, & Guo, 2017) examines the impact of supply chain integration on non-compliance fines. The study found that supply chain integration can reduce the risk of non-compliance fines by improving information sharing and coordination between suppliers and customers.
- "Supply Chain Sustainability and Non-compliance Fines: An Empirical Study"(Li, Huang, & Chen, 2019) explores the relationship between supply chain sustainability and non-compliance fines. The study found that companies with more sustainable supply chain practices were less likely to experience non-compliance fines.
Overall, the literature suggests that reducing non-compliance fines in the supply chain requires strong management practices, collaboration between suppliers and customers, integration of the supply chain, and sustainability. These findings are relevant to Cadbury's current project on reducing non-compliance fines from D Mart and improving its supply chain efficiency.
QUESTION:
Describe more on the above literature review.
Step by Step Solution
3.45 Rating (152 Votes )
There are 3 Steps involved in it
Step: 1
Here is a more detailed description of the literature review mentioned The Impact of Supply Chain Disruptions on Firms Evidence from the 2008 Chinese Milk Scandal Liu Li Zou 2016 This study focuses on ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started