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Give a couple of examples from recent history where different tools and techniqu

ID: 385924 • Letter: G

Question

Give a couple of examples from recent history where different tools and techniques were used successfully in improving the Operations of a company. (500 words).

turnitin is used when submitting so I need very less similarity. Give a couple of examples from recent history where different tools and techniques were used successfully in improving the Operations of a company. (500 words).

turnitin is used when submitting so I need very less similarity.

turnitin is used when submitting so I need very less similarity.

Explanation / Answer

Supply chain management of Walmart
Walmart manages an average of dollar 32 million in an inventory. Walmart has the most efficient supply chain management system which has contributed to its success. Walmart initiated vendor managed inventory where manufacturers are responsible for managing walmart warehouses. This resulted in hundred percent order fulfillment on merchandise. Company entered into strategic partnership with most of its vendor and quoted lowest prices for high volume purchases. Walmart uses cross Docking as a Logistic practice to replenish inventory efficiently. It reduces transportation time, transportation cost and eliminate inefficiencies, walmart uses Technology to forecast demand track and predict inventory levels, create highly efficient transportation routes and manage customer relationship. walmart also implemented universal product code barcode to track the product. walmart also devised retail link which is the datebase that forecast supplier demands to supplier network which displays real time sales data to walmart distribution centres. Recently Walmart also started using radio frequency identification tag which are the numerical code that can be scanned from a distance to track pallet of merchandise moving along the supply chain.

1.Total quality management of Star bucks
It is a management approach to long term success of the organisation with customer satisfaction at focal point and it involves all the employees in the process of continuous improvement of quality.
Better quality system in Starbucks will ensure customer satisfaction so as to meet the Expectations of customer by providing quality in taste of the coffee and providing better services.
Quality can be monitored and evaluated by Starbucks by regular checking the counter of barista, acquire feedback from the customers, and check the taste of coffee to ensure better quality and taste.Starbucks can consider to empower their employees and make them part of the brand so that they will give hundred percent in order to provide quality service.

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