Discussion: SCM
Operations and Supply Chain Management Processes refer to the procedures involved in producing and delivering goods and services. Every business uses these processes. An example would be if one were to run a small online clothing store, the operations would involve designing clothes, sourcing materials, and manufacturing and delivering the product. The supply chain process would involve selecting reliable suppliers for materials, ensuring timely delivery to customers, and managing returns (Hopp, 2011).
Product and Service Bundling is the strategy of offering several related products or services together as a single combined unit. This is often done by companies to add value or encourage customers to spend more. An example can be seen if you opened a telecom company and wanted to bundle internet, TV, and phone services.
Major Competitive Dimensions of a Firm are the key parameters that organizations use to differentiate themselves from competitors and attract customers. They include aspects like price, quality, delivery speed, and flexibility. For example, if someone were to start a tech company, they might focus on innovation and customer service as their major competitive dimensions (Hopp, 2011).
The Risk Management Framework is used by organizations to identify and assess risks. A risk management framework is vital, as it helps companies prepare for uncertainties and potential challenges. For example, before investing in stocks, I might use a risk management framework to assess the potential risks involved with my investment options. I would look at things like the company's financial health, market trends, external forces, and so on.
The COVID-19 pandemic highlighted the importance of having a resilient supply chain. Companies that had diversified suppliers and flexible manufacturing locations were better able to handle disruptions. Another emerging trend is the digital transformation in businesses. Companies are now using AI with IoT to better manage their operations and supply chain processes. Proper planning, diversification, and communication are essential components of an effective supply chain strategy.
References
Hopp, W. J. (2011).Supply chain science. Waveland Press.
Keywords: corona virus, coronavirus, covid, covid-19 The patient in the present scenario presents with low grade fever, cough, shortness of breath, as well as back ache. It is also important to note that the patient suffers from gastroesophageal reflux disease, hypertension, and diabetes mellitus. The patient is a 54-year-old male. Some of the symptoms that the patient presents are consistent with COVID-19 symptoms. The main COVID-19 symptoms are inclusive of difficulty
Article Review: COVID-19 and the Mental Health Impact Upon Healthcare WorkersAmericans lauded healthcare workers as the nation�s heroes during the height of the pandemic. But, just like other Americans, healthcare workers too were also personally and intimately affected by the impact of COVID-19. They had to deal with the overwhelming experience of dealing with stress, sickness, and death daily, in a manner which many of them were unprepared for before
Covid 19 Pandemic Continues To Threaten the Survival of Human Service OrganizationsCovid 19 has impacted the physical, mental, and social lives of human beings from all dimensions. Despite the growing needs of social services firms or community-based organizations (CBOs), they struggle to fulfill those needs (Tsega et al., 2020). They have dwindling resources to meet the requirements of such individuals. Government and funding agencies are also out of techniques and
COVID-19 Background The novel coronavirus spreading the COVID 19 disease first appeared in Wuhan, China, in 2019 and quickly spread around the world. The infectious disease is a new form of a previous severe acute respiratory syndrome coronavirus (SARS) and has led to nationwide lockdowns from the East to the West. Coronavirus-19 Severe Acute Respitory Syndrome Coronavirus-2(SARS-CoV-2)n is a Cardiovascular Risk Factors: A Primarily lung problem. Autopsy results showed on 12 people
CASE STUDY 6Case Study 2OverviewThe company selected for this exercise is Amazon. Amazon could, in basic terms, be described as an internet-based company that offers for sale a wide range of products and items to buyers from across the world. Some of the products the company offers for sale are inclusive of, but they are not limited to; consumer electronics, automotive products, sporting tools, watches and jewelry, personal-care items, groceries,
Keywords: corona virus, coronavirus, covid, covid-19 Executive Summary The current coronavirus health crisis facing the world has brought about a need for rethinking and reorientation of public administration. Public administration in many of the jurisdictions has been tasked with the role of keeping the public safe; by ensuring that there are no public gatherings and that people remain in their homes. To emphasize on social distancing, government, and in general, public administrations
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now