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TRL3709 ASSIGNMENT 2 SEMESTER 2 2024 (POSSIBLE SOLUTIONS)
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TRL3709 ASSIGNMENT 2 SEMESTER 2 2024 (POSSIBLE SOLUTIONS)
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TRL3709ASSIGNMENT 2
SEMESTER 2
2024
DUE DATE :
15 SEPTEMBER 2024
, Theory
Supply chain drivers are the key factors that influence the effectiveness and
efficiency of a supply chain. They can be categorized into four main areas:
1.1.
Strategic Alignment: This refers to the degree to which the supply chain strategy
aligns with the overall business strategy.
Customer Service: This includes factors like order accuracy, on-time delivery, and
customer satisfaction.
Cost: This involves minimizing costs throughout the supply chain, including
transportation, warehousing, and inventory holding costs.
Time: This refers to the speed at which products move through the supply chain,
from procurement to delivery.
Case Study Application
Mr Price Group has demonstrated a strong focus on several key supply chain
drivers:
Strategic Alignment: The company's supply chain strategy aligns closely with its goal
of providing affordable fashion to customers. The focus on efficiency and cost-
effectiveness is essential for achieving this goal.
Customer Service: Mr Price has invested heavily in its distribution infrastructure to
ensure on-time delivery and order accuracy. The company's focus on customer
satisfaction is evident in its commitment to providing a seamless shopping
experience.
Cost: The company's highly automated distribution center and efficient supply chain
processes help to reduce costs. By minimizing transportation, warehousing, and
inventory holding costs, Mr Price can offer competitive prices to its customers.
Time: The company's focus on speed and efficiency in its supply chain allows it to
quickly respond to changing customer demands and trends. This is particularly
important in the fashion industry, where trends can change rapidly.
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