Select a multinational Natural Resources/Mining company and evaluate it on the following Supply Chain Management criteriaâ€™s: Demand...

90.2K

Verified Solution

Question

Operations Management

Select a multinational Natural Resources/Mining company andevaluate it on the following Supply Chain Management criteriaâ€™s:Demand Management Application Criteria: 1. Effective DemandManagement as part of overall Logistics and Supply Chain expertise2. Outbound to Customer Logistics Management. 3. OverallForecasting and Demand Management process 4. Sales and OperationPlanning process. 5. Channel Structures in Order Fulfillment OrderManagement and Customer Service Application Criteria: 1.Relationship Between Order Management and Customer Service. 2.Order Management Phases â€“ Influencing the Order, Order Execution 3.CRM â€“ Customer Relationship Management 4. ABC â€“ Activity BasedCosting. 5. Replenishment Cycle Managing Inventory ApplicationCriteria: 1. Effective Management of inventories and Return onInvestment (ROI) 2. Uncertainty and Safety Stocks 3. InventoryCarrying Cost. 4. Push versus Pull approach.

Answer & Explanation Solved by verified expert

3.7 Ratings (362 Votes)

I select Hindustan Unilever Limited FMCG company for the following evaluation of supply chain management criteria Inventory Replenishment System application criteria 1 Inventory and purpose of inventory management For this business the management of the warehouse determines the percentage of products produced The company uses inventory management to supply network within a facility for the further process which is the manufacturing course and stored materials The aim is to accomplish the demanddriven inventory management proportionality 2 Integration of inventory and supply chain management This also assists in reducing inventories By which the inventory management integrates the demand and forecasts the demand The integration of the forecasted demand into the managed inventory is the only way to predict correct inventory storage and productbased limitations 3 Inventory and quality management Companies are attempting to gain efficiency by advantages of scale by mutually achieving the output of two or more goods inside the factory 4 Inventory control systems Such control systems are the challenges the business encounters that See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member