Monday, September 23, 2019

Supply Chain Management Assignment Example | Topics and Well Written Essays - 500 words - 1

Supply Chain Management - Assignment Example The increased focus on environmental sustainability greatly assists the organization to gain greater public acceptance, which in turn leads to improved profitability and turnover. Similarly, enhanced efficiency is a key feature of the Hsuh’s supply chain. As one understands from the company website, the company has a potential group of employees who are experienced in various supply chain activities. This favorable workplace environment aids the organization to ensure smooth and uninterrupted flow of its different supply chain tasks (Hsuh Ta Corporation Group). The computerized supply chain helps the company to promote effective information sharing and keep its various operations integrated and connected. In addition, the firm has great access to potential financial reserves, and therefore there would not be any delay in production or transfer of finished commodities to the delivery point due to lack of funds. Stock inventory, another KPI of supply chain, gives some crucial information about the operational efficiency of the company. The firm avoids issues associated with under-stock and over-stock of goods. Hence, the Hsuh management has developed improved mechanisms to ensure that there is optimum level of inventory in stock to meet the business needs properly. In addition, the organization is particularly watchful about the dreadful effects of the out-of-stock performance on the business. The management believes that an out-of-stock situation would adversely impact customer satisfaction and loyalty and consequently the company may fail to regain consumer trust. Likewise, the company is committed to maintain adequate levels of throughput, which indicates the actual rate of production. This is necessary to make sure that consumer needs are met adequately and to expand the business landscape in line with the changing

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