Term Paper on "Supply Chain Integration in the Food Industry"
Term Paper 4 pages (1281 words) Sources: 2 Style: MLA
[EXCERPT] . . . .
Supply Chain Integration at Albertson'sIf you were the new CEO of the second largest supermarket chain, how could you use supply chain integration to be more efficient and profitable?
Given the fact there are major unmet needs in supply chain integration at the warehouse, divisional or district, and store levels I would take a multi-phases approach to solving the many disconnects in Albertson's. This paper lists the recommended strategies by level of organization beginning at the corporate level and working upward through divisions, to retail locations and finally to the customer. As one of the most critical aspects of supply chain integration across the entire Albertson's network of suppliers is item and price optimization, this will be a component of the supply chain planning process company-wide. Having the right product, at the right price, and if perishable, Fresh Item Management (FIM) strategies in place, can increase average spent per store visit by customers, and also reduce operating costs by minimizing losses of perishable foods and lack of efficiencies in the supply chain overall according to Griswold, Suleski (3).
Recommendations at the Corporate Level
What is first needed is an enterprise-wide supply chain planning and management platform that is agile enough to quickly respond to changing customer demands on the one hand, yet stable enough to gain cost and operating efficiencies on the other. For Albertson's this translates into the need to create a Demand Driven Supply Network (DDSN) that stresses tight integration with all suppliers, including support for the forecasting and replenishment processes that Albertson'
download full paper ⤓
What is also critical at the corporate level are a series of applications that can quickly gather, analyze and react to incoming sales data from stores. This is critical not only from the perspective of profitability, but also to ensure suppliers are as effectively managed as possible. In keeping with the corporate-wide direction of creating a DDSN-based company wide supplier strategy, analytics and metrics of performance are also essential for more effectively managing demand and reacting to it. In conjunction with these corporate-wide analytics, there also needs to be pricing and inventory optimization applications. These two applications will serve to allocate the most profitable product in the divisions and ultimately retail locations that can command the highest price for them. Triangulating demand, supply and product requirements by region and ultimately by retail location is a major competitive advantage possible when Albertson's gets a DDSN framework in place first.
Also critical in these series of analytics applications are the development and refinement of brand-specific sales analysis to see if store-branded products are more price elastic than non-store brands, and also the tracking and use of Point of Sales (POS) data to see specifically the sales trending by division and retail location. All of these data elements in turn need to be included in a Master Data Management (MDM) repository so they can be used in the company-wide processes that need this level of data. In summary, the need for a DDSN framework that… READ MORE
Quoted Instructions for "Supply Chain Integration in the Food Industry" Assignment:
Read:
Stanley Homes, "The Jack Welch Of The Meat Aisle"
Business Week; New York; Jan 24, 2005, pg.60
If you were the new CEO of the second largest supermarket chain, how could you use supply chain integration to be more efficient and profitable?
Write a paper answering the question above
How to Reference "Supply Chain Integration in the Food Industry" Term Paper in a Bibliography
“Supply Chain Integration in the Food Industry.” A1-TermPaper.com, 2007, https://www.a1-termpaper.com/topics/essay/supply-chain-integration-albertson/4106595. Accessed 28 Sep 2024.
Related Term Papers:
Leagility Supply Chain Design Term Paper
Leagility
Supply Chain Design and Leagility
Leagility with regard to the supply chain may simply be defined as the ability of a supply chain design to maintain a balance of… read more
Term Paper 5 pages (1484 words) Sources: 0 Topic: Business / Corporations / E-commerce
Applied Logistics and Supply Chain Management Dissertation
oil and gas industry in Libya is also directly reliant on global prices that are based on supply and demand; and any revenues generated at a given point in time… read more
Dissertation 70 pages (19369 words) Sources: 1+ Topic: Business / Corporations / E-commerce
Business Logistics and the Supply Chain Term Paper
Business Logistics and the Supply Chain
In order for manufacturing companies to be successful in the emerging e-business environment, it is necessary for companies to establish strong relationships within their… read more
Term Paper 4 pages (1620 words) Sources: 1+ Topic: Business / Corporations / E-commerce
Supply Chain Planning Under Uncertainty a Real Options Approach Research Proposal
Supply Chain Planning Under Uncertainty: a Real Options Approach
In a manufacturer's quest to manage its supply and demand chains, one simple word aptly portrays a certain, common, contemporary concern… read more
Research Proposal 44 pages (12190 words) Sources: 25 Style: Chicago Topic: Business / Corporations / E-commerce
Duration Supply Chain Audit Methodology Essay
Duration Supply Chain Audit Methodology
Even though every supply chain is unique, it is also relatively straightforward in concept; however, in most cases, supply chains are complex in their real-world… read more
Essay 11 pages (3106 words) Sources: 1+ Style: APA Topic: Business / Corporations / E-commerce
Sat, Sep 28, 2024
If you don't see the paper you need, we will write it for you!
We can write a new, 100% unique paper!