MOD007698 Supply Chain Management Sample
Introduction
Supply chain management is one of the most essential aspects within companies that shape competitive performance growth factors, faster up supply chain structure, and lead diverse range profitability. AbTech is one of the new companies initiating new evolved expertise in services recycling old mobile phones and tablets by conducting the best services for a wide customer market. The recent report will evaluate core mechanisms related to recent supply chain management techniques, challenges to be worked on and further new steps to be developed. The study will explore the best supply chain models and strategies, for gaining expansion critically and developing primitive growth paradigms. The new change management principles and wider investment opportunities will be evaluated for shaping new mechanisms.
Scenario Analysis
The AbTech is a Start-up Company that is based in Boston developing touch screen glass based on recycling old mobile phones and tablets, starting with new outstanding research in services. The Company has been successfully joining the partnership with several e-waste companies in the US, working with the potential to expand into Mexico and Europe. The company is lacking sustainable competitive supply chain strategies and creative plans, where interests from several global domains are there. Recycling waste into a final product is the main aim of the company, with new creative technical standards and an extensively strengthened vision to optimize new strategies functionally (Grover and Dresner, 2022). Ab Tech is under constant pressure from investment banks, for growing business into the next five years when manufacturing technology has to be expanded. The technologies used in supply chain management are widely growing to bring forward new channels and higher production criteria within raw materials for a suitable supplier
Current capabilities of AbTech
The company is under competitive pressure for a suitable supply chain strategy, developing a business case to gain more financial funding to develop expertise. It can be also analysed that there are various challenges under AbTech company functional domains, efficiency to keep up the stock and backlog of orders in an effective manner. The bank and financial institutions have analysed that company is facing challenges to keep up with stock management, and production standards due to a lack of efficiency within supply structure criteria (Haug et. al. 2022). It has further been found that the company’s overall goodwill and demands of customers have to foresee to be analysed in future business which primitively plays an essential role to gain effective brand competencies.
The company is based within the industrial park, with a new potential surge towards expansion where ultrasonic treatment machines, require a large volume of water to operate and storage tank installation (Kurinjimalar Ramu et. al. 2022). The production runs out of water, resources are not optimally effectively implemented which shows a decline in maintaining supply chain structure criteria. There is a production problem within company teams, where sand filters are getting blocked quickly and randomly completed production operations.
Swot model
The SWOT model brings informative in-depth analysis of varied internal factors, potentially bringing analysis on varied horizons for strengthening core focus on essential parameters. Ab Tech Company has to head on towards internal factors, based on essential structural criteria for leading improved changes.
Strengths: AbTech Company has been optimally strengthening new business plans important, for responding to new demands for strengthening quality-oriented factors profoundly (Bhargava et. al. 2022).
Weaknesses: The company weaknesses enable us to identify that AbTech needs to respond strategically, to wider supply chain mechanisms demands for catering to new exploratory measures.
Opportunities: AbTech brings on wider new opportunities for specific cultural and competitive business goals to lead towards new consumer standards. It also further leads to imperative demands, for enlarged commercial channels growth to head on towards authentic channels.
Threats: Ab Tech company threats are that the company is facing loss and threat of higher competitive growth within supply chain mechanisms, as it further leads on towards new corporate demands.
As per the views of Bressanelli et. al. (2022), there are various future supply chain management models, and strategies to be adhered to for catering to the enlarged commercial pace and rapid competitive demands growth functionally. The author states focus on the fact that integrated vision towards a diverse range of scope, for the best supply chain management horizons, further opens up commercial scope for companies. Ab Tech business integration will enable the best supply chain standards to be engaged on progressively, for sustainable new goals within the sector.
Opportunities for future growth of the company
AbTech has a strong range of new opportunities within the supply chain management structure, where it comes with varied determinants related to the optimization of resources in an effective manner (Li and Mizuno, 2022). Better collaboration with suppliers, higher quality control factors, shipping optimization, and reduced inventory and overhead costs are some of the major new commercial opportunities of the company. It comes with consistent new determinants, towards delivering improvised risk mitigation, and wider stringent new improved risks mitigation standards.
There is also stronger cash flow, and more agile business growth received with sustainable improvement in overall supply chain structure dimensions. Production volume has to be increased to nearly 1000 waste products per hour for significant commercial growth rise, towards leading innovation and sustainable specific horizons. The supply chain management has to be creatively worked on, to bring on competitive improvement towards new rise on wider volumes of eWaste for gaining consistent benchmarks to be explored.
Supply chain strategies
The supply chain method strategies practically hold high commercial importance for diverse integration, to lead towards new determined horizons. By developing the best supply chain models, Theories Company will be able to generate rapid change as per structural growth horizons.
Supply chain theories
Six sigma model
As noted by Bhalla et. al. (2022), the Six sigma method has been heading towards combating focus on defects in manufacturing, lowering determination within acceptable tolerance critically. The application of the model brings in-depth insight into the best quality control factors, for specific integration towards wider new benchmarks. AbTech company with a six-sigma supply chain management model further enlarges towards, new authentic development for specific cultivation growth. The model brings on authentic importance to strengthening Six sigma implementation, with rapid vision-oriented technical determinants for leading rapid technical change. Six sigma methodologies have to be delivered towards functional integration, where it lacks flexibility and new intricate pathways to be implemented for heading towards attaining accuracy horizons. Complications of the six sigma methodology further have to be primitively worked on for leading determined change expansion.
The fishbone effect model
The fishbone effect model helps in brainstorming new identification of possible causes within the problem, for sorting new ideas and diverse creative supply chain aspects. The visual analysis brings on critical vision expansion on 6 components, which are analysed as follows:
Manpower: AbTech company manpower standards are highly advanced and technically expert for bringing the best supply chain structure integration. The manpower business abilities are also widely integrated to bring on new supply chain management standards, for leading growth technical horizons.
Method: The Supply chain management horizons at AbTech are integrated with agile methods, for developing an informative pace and leading accurate change based on essential strengthened criteria (Bag et. al. 2022).
Machine: There have to be new methods and machinery to be engaged in for developing rapport, in supply chain management horizons towards integrating commercial standards growth. AbTech machines, competitive vision has to be engaged for leading change based on essential competent criteria for leading effective change.
Material: AbTech materials optimization within the supply chain structure is highly essential, for strengthening the commercial pace for leading growth-oriented paradigms.
Mother Nature: The supply chain management strategies have to be sustainable based on providing competent usage of the best sustainable methods. This further brings on functional importance towards new intricate technical standards, for gaining international new sustainable business positioning.
Measurement: Monitoring and measurement of all changes implemented in supply chain mechanisms have to be diversely organized, for gaining accuracy. Ab Tech further by developing quality metrics, will be able to specifically add on commercial potencies for engaged awareness.
Figure 1: Fish Bone diagram, 2022
(Source: Fish Bone diagram, 2022)
As per the views of Alawi et. al. (2022), the fishbone diagram model brings on an informative creative pace to be examined by strengthening the focus on new essential elements, for leading creative changes to be organized creatively. The model enables the identification of critical aspects worked on, for leading authentic improvement towards sustainable change in supply chain standards optimization variedly.
SCOR and the impact on company structure
The supply chain operations reference models focus on business evaluation and perfect supply chain management for reliability, consistency, and efficiency criteria. The model brings on a critical focus on companies to sell products, services, and software with new critical vision enhancement. AbTech Company has to intricately bring on new specific vision enhancement for best supply chain management goals, work on present demands, and new vision-oriented pace to be extensively diversified.
As analysed by Malacina et. al. (2022), the SCOR model leads on towards intricate company business optimization, for bringing engaged awareness. The model impacts on company structure are positively accurate, for shaping functional positioning done in best potentialities primitively. It brings on adherence towards developing supply structure competencies, new extensive benchmarks rise towards consistency aspects for enlarged commercial growth. SCOR model brings on critical adherence towards a diverse range of business growth benchmarks for enlarged commercial competencies exploration primitively. Plan, Source, Make, Delivery and Return are some of the major components within the impact of company structure dimensions which plays an essential role within the SCOR model.
Advantages and disadvantages to supply outsourcing
AbTech Company by developing outsourcing has been able to further integrate new strengthened goals, for outsourcing their supply chain management and logistics will be able to cultivate specific rise towards business platforms. The advantages of supply outsourcing are it gas lower costs, more time for business building, and satisfying customer demand which brings a rise in customer-specific engagement (Sombultawee et. al. 2022). There is also a business productivity rise based on outsourcing-specific criteria, which plays an essential role in the specific cultivation of primitive benchmarks. Satisfied supply management enables outsourcing to be enhanced primitively by developing commercial channels integration and developing an informative pace to be worked on diversely. Furthermore, supply outsourcing also connects to new demands for developing a competitive vision critically and connecting towards new demands rapidly.
However as stated by Richey et. al. (2022), supply outsourcing comes with risks, and some specific challenges also where the risks associated with supply chain outsourcing are hidden fees, and compromised quality structure. Also hindering supply outsourcing and poor integration paradigms which are some of the major factors that may hinder determined engagement. The new supply outsourcing aspects have to be primitively evolved, where companies have to develop analysis done competitively. Disadvantages of supply outsourcing are also essential to be analysed, for critical development into new horizons. AbTech has to work on newly established fundamentals, for leading growth-oriented functional aspects.
Risk management
Risk management further has been identified to be one of the core aspects essential towards developing rapport, for responsive analysis growth. Risk management integration in project and supply chain growth has to be integrated for enlarged commercial pace growth (Tseng et. al. 2022). Furthermore, AbTech Company has to deliver a specific focus on risk management strategies optimization, by developing new growth benchmarks towards monitoring for higher quality outputs.
| Risks | Consequences | Severalty | Probability | Monitoring and evaluation |
| Longevity risks | Longevity risks are critically essential to be monitored, where consequences will hamper company supply chain management to be hampered. | Extremely likely | 10 | Establishing accurate standards for developing commercial competencies will enable longevity to be engaged. |
| Financial risks | The financial risks can have high major complications within the company’s business functioning, impacting overall functional usage of capital. Investments of a company in the longer term will be impacted, which may also decrease quality aspects within business domains. | Extremely likely | 10 | Developing financial monitoring metrics will enable us to keep track of risks, and strengthen new challenges to be empowered by working through strategic planning criteria diversely. |
| Market risks | The AbTech if facing market risks will be facing new challenges to come up with new competencies if the management is not determining market risk factors diversely. Integrating new challenges and leading specific factors for competencies plays a primitive role. | Moderate | 5 out of 10 | The new strategies and market-oriented metrics, have to be established. Furthermore, the technical adoption of change management criteria will enable the company to evaluate new goals to be attained functionally. |
| Liquidity risks | This is a major risk, essential to be monitored where consequences can impact revenue. | Very unlikely to happen | 3 out of 10 | Develop key benchmarks and essential standards for leading change rapidly. |
Competitor analysis
Porter’s five force framework analysis is highly competitively essential, for strengthening new competent factors to be engaged on for competitive strengths to be developed rapidly.
Competitive rivalry within the sector (high): AbTech Company faces highly competitive rivalry within the sector, for bringing new dimensions explored to lead toward strategic technical horizons.
Power of buyers (medium): Company faces a medium threat towards buyers’ preferences being changed, where it plays an authentic role to develop analysis intricately.
Power of suppliers (low): Company has its supplier structure, as there are low supply chain management structure competencies that have to be optimized diversely. There has to be diverse new supply chain mechanisms enhancement done, for leading new intricate specific aspects (Wang and Wang, 2022).
The threat of substitutes (medium): AbTech Company has to lead towards new products and advanced services range, where the threat of substitutes is medium to be worked on for determining the pace to be enhanced critically.
The threat of new entrants (high): AbTech Company’s threat of new entrants is high, as new entrants are coming up towards new essential horizons.
From the above analysis critically presented, AbTech has to expand towards new supply chain management paradigms for enlarged commercial horizons.
Impact of future technologies on sharing information
As per the views of Wang et. al. (2022), supply chain management future technologies has high competencies and new demands, where companies in recent time are widely expanding towards new horizons. Implementation of new future technologies in informational aspects holds a huge role, for primitive imperative aspects to be worked on. Companies in recent times are proactively working to shape consistent new future technologies usage, to bring on international expansion. This brings on a wider commercial pace to be delivered, for enlarged productivity to be engaged towards best supply chain management fundamentals.
As analysed by Wang et. al. (2022), it also connects towards determining specific functional horizons to be delivered based on productive new commercial standards. Future technologies and new methodologies, and agile supply chain management will enable AbTech to diversely expand performance growth benchmarks. The sustainable competitive factors critically bring on determined goals, wider established criteria to be strengthened for enlarged commercial strengths. Future technologies integration brings on proactive strengths to be shaped to lead the best supply chain management standards to be worked on with the best advancement.
New supply management strategies for a company manufacturing toward end consumers
As per the views of Yu et. al. (2022), inventive inventory control, and integrating supply chain models competitively, with the latest emerging technologies like mobile-based cloud computing further enable the best supply chain management strategies to be enhanced. The company manufacturing services has to diversely integrate towards meeting new end demands among consumers with wider efficiency. Focusing on core strengths, and learning new sourcing in outsourcing toward supply chain management expansion will enable Ab Tech to lead determined engagement. It better utilizes assets’ core functioning, to be integrated with the best channels for larger commercial expertise.
A new range of diverse supply chain management strategies intricately brings on proactive horizons to be implemented, for higher manufacturing services growth. The company leaders and managers have a critical role in the company leading towards integrating the best competitive manufacturing horizons to be diversified. Also, new sustainable competitive horizons have to be diversified with accurate new investment plans, for leading accurate expansion in international domains.
Conclusion and Recommendations
Recommendations
Lewin change management model
Developing change management strategies primitively holds high essential importance for shaping consistent competitive growth in developing faster supply chain management. Below are the stages which will enable change management to be implemented with strategic new investment plans, and accurate expertise competitively.
Unfreezing: At this stage, AbTech will remove all technical aspects where supply chain management is facing issues. It will initiate new technical changes, and implement the best mechanisms and innovation in the supply chain structure to be implemented.
Freezing: The stage of freezing will bring forward new competencies and models, to be practically implemented in supply chain mechanisms.
Refreezing: The last stage of unfreezing will develop an analysis of all reviews, through establishment of new key benchmarks on supply chain mechanisms to developing the attainment of the outcome critically.
Figure 2: Lewin’s change management
(Source: Lewin’s change management mode, 2022)
Conclusion
Supply chain management strategies, theories, and models primitively play essential roles for companies to fasten up customers’ services and engage towards determined improvement. The recent analysis done in the report has concluded the current capabilities of AbTech, and new commercial competitive developed criteria to be explored. The supply chain methodologies such as Six Sigma, and the Fishbone model have analysed varied new structural investment opportunities for the company. The study has summarized risk management strategies, and enlarged progressive competencies to be worked on for gaining commercial strengths focused to lead diverse new opportunities. AbTech by integrating change management strategies will be able to cultivate rise progressively within the supply chain structure functionally.
References
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