Develop contractual or service-level agreement principles

Assignment Help Operation Management
Reference no: EM132015287

Assignment

Complete the tasks for both of the following scenarios.

Scenario 1: Joint planning and replenishment venture

Your business is a third party maintenance facility for wide body passenger aircraft. Your two major customers are the national airline and the air force. Your suppliers are original equipment manufacturers (OEM) and third party manufacturers of aerospace parts and components. The suppliers have a two-month lead time (including financials and border/customs clearance). At present the customers book aircraft in for servicing at short notice and you have little idea what work is coming one month out, consequently you carry a substantial quantity of stock.

Given this situation, your task is to determine the nature and source of data and information required to plan and improve supply and stock keeping processes.

Scenario 2: Green restaurant venture.

You are the chief executive of a large restaurant chain that is about to rebrand and specialise in strictly 100% organic and sustainable ingredients. The mainstay of your menu will be a special type of rice, which you know is currently produced by a very small minority of growers. Thus, you can assume that at least one of your main suppliers will ultimately be vital partners to your operation. Given this situation, you are to:

1. Develop requirements for supplier selection in your supply chain; and

2. Develop contractual/service-level agreement principles in terms of data sharing, cost optimisation, and risk sharing, all for managing the future partner relationship.

The total submission should comprise 3000 words(+/-10%, not including appendices, citations and references). You must make reference to any models, frameworks, concepts, and terminology that you have encountered in class, in your textbook, or sourced elsewhere. Any assumptions you make are to be stated as such and you are to explain why you consider them to be realistic assumptions.

APA referencing guidelines are to be followed and evidence of wide reading is expected for an assignment at this level, i.e. a minimum of five authoritative sources to be acceptable, including the textbook. For more information, please refer to the table on pg. 3 below and to the ‘Marking rubric'

Question 1

‘Joint planning and replenishment venture' (LO2)

50% Determine nature and source of data and information required for planning/optimisation of supply and stock keeping processes (Quarterly) in the given business situation.

Approximately 1500 words

Question 2

‘Green restaurant venture' (LO3)

50% a. Identify and develop supplier selection requirements.

Approximately 500 words

b. Develop control methods for managing the partnership relationship in terms of data sharing, cost optimisation, and risk sharing.

Approximately 1000 words

Verified Expert

The paper provides a view on the two primary question that is information required for optimization as well as planning of the supply along with the stock keeping process in the business. This situation is based on the scenario that is Joint planning and replenishment venture and in this Kraljic matrix is also used to explain the process. The second question is regarding the requirement for supplier selection in the market and the scenario provided for it is green restaurant venture. In this, the paper also provides effective control measures for managing the relationship of the business partners in the market. The entire paper discusses the various process for the development of methods and also its use for analyzing the working function of the firm in the market as per it is provided in the scenario.

Reference no: EM132015287

Questions Cloud

Eliminate the need for glasses or contact lenses : Many patients are attracted to the idea of LASIK, as it can eliminate the need for glasses or contact lenses. Research LASIK and the associated risks
Necessarily cause an increase in net working capital : Which of the following will necessarily cause an increase in net working capital?
Explain supply chain of the new division of the business : Analyze and explain the supply chain of the new division of the existing business. Share your plans to develop and leverage core competencies and resources.
Diet and nutrition are closely linked to the study : Diet and nutrition are closely linked to the study of biomolecules. How should you monitor your food intake to insure the cells in your body have the materials
Develop contractual or service-level agreement principles : Develop requirements for supplier selection in your supply chain and Develop contractual/service-level agreement principles in terms of data sharing
Posterior cervical three levels laminectomy : The physician performs a posterior cervical three levels Laminectomy, facetectomy and foraminotomy on C3, C4, and C5. How is this coded?
Would you let your baby drink from a bottle with bpa : Quick search on Bisphenol A (BPA). Based on the findings in your search and the textbook's discussion on BPA, what are your thoughts on the safety of BPA
What did their actions do to the other wall street firms : Discuss how the decisions made by the main characters influence the "real world." What did their actions do to the other Wall Street firms?
Acetylcholine is responsible for stimulating muscle activity : What mechanisms are in place to prevent the continuous stimulation of a muscle fiber after the neurotransmitter is released from the presynaptic membrane.

Reviews

inf2015287

7/31/2018 2:38:02 AM

2nd question is perfect with the 1st general idea of scm & then critically analysed as per the scenario, please do the same for question one also. The total word for question one is 1500, so use as per requirement. I have a previous assignment has done this month only, which has spreadsheet calculation attached to it. I have an extension to that assignment of 3600 words with the due date is 1st next month. can I get the same expert? He/She has the idea about previous work. so, it will be easy to write. There was 2 assignment that time so please check I wish the same expert who did the transport cost assignment where Excel sheet calculation was used. I fu can manage to share the cost, I will pay after few hours as has to transfer to Indian account. Pls, find file attached for the current assignment. 29400173_1Title.docx 29400173_2Cost Calculation.xlsx Thanks mates, you are my charm, i will be back with few more assignments soon, please keep the expert free for me, he/she is really perfect for my kind of person who needs accurate work.

inf2015287

7/31/2018 2:35:43 AM

Please find the attached file. And inform expert the apart from the 7 questions, the basic format of a report writing will be applied like the intro, main part, conclusion, and references in APA style. The spreadsheet is numerical solved by me. 29400135_1LSCM802 Assessment 2.pdf 29400135_2A2 Spreadsheet.xlsx In scenario 1, its mention about two types of suppliers, and also abt their delivery lead time... experts have written all the info. you can start with the general idea but pls narrow it down to as per scenario. like on of customer here is defence airlines & other is a commercial one, so there demand will be different like their supplier, so, all these should be discussed while explaining the questions.

inf2015287

7/31/2018 2:35:24 AM

I tried to do payment through my overseas debit card, but payment failed. I am transferring money to account & will process payment around 6-8 hours from now, this much time it takes to credit in the bank account. If You can, then please start the processing. I just want the gateway which has netbanking option.. the one you shared before through mail has some issues it doesn't proceed to bank login page Hi, just need to update writer that under question one scenario 1, can he/she also add & use Karljic matrix to explain the stock keeping process and optimisation. this is an addition rest will be as briefed in file uploaded. My tutor just added this today in class. Hi, I have one more assignment related to operation management only, which has 7 questions out of which 4 are numerical which I solved already the rest three is theory answers based on numerical results. The total word limit is 1200 including numerical, How much you charge if have to deliver by this Saturday. I have made the payment.

len2015287

6/11/2018 3:31:55 AM

Note:Marking Rubric( All mention points should be addressed in each section) Question 1 Nature and source of appropriate data and information required for planning/optimisation of supply and stock keeping processes comprehensively identified for the given business situation. Relevant examples used to illustrate the concepts. Realistic assumptions made and fully explained. Question 2 Comprehensive identification and development of supplier selection requirements for the given business situation. Comprehensive development of control methods for managing the partnership relationship in terms of data sharing, cost optimisation, and risk sharing. Relevant examples used to illustrate the concepts. Realistic assumptions made and fully explained

len2015287

6/11/2018 3:31:21 AM

LO2. Determine the nature and source of data and information required to plan or improve supply and stock keeping processes (20% of your course grade) LO3. Develop requirements for supplier selection in the supply chain and review state-of-the-art control methods for managing partners in the supply chain in terms of data sharing, cost optimisation, and risk sharing (20% of your course grade) Note, both LO2 and LO3 are assessed in their entirety in this assessment.

Write a Review

Operation Management Questions & Answers

  What flexibility strategy should be used to mitigate risk

What Flexibility strategy should be used to mitigate risk?

  Uses the safe harbor method to calculate the deduction

What amount can Mickey deduct for his home office assuming he uses the safe harbor method to calculate the deduction?

  Are there any risks associated with the globalization

Are there any risks associated with the globalization of health care? Can these risks be mitigated? How.

  The core competence of the corporation

After reading "Firm Resources and Sustained Competitive Advantage" by Jay Barney The Core Competence of the Corporation.

  About the leadership change

Highlight the most prominent situations affecting leadership from the Industrial Age to the Information Age. Consider how these situations affect an organization with which you are affiliated (or of which you have knowledge), and discuss what your le..

  Strategic plan-implementation plan and strategic controls

Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis for FCC Lifeline Program

  Difference between abandoned-lost and mislaid property

Alma and Hassan own a neighborhood restaurant that specializes in Middle Eastern food. Explain the difference between abandoned, lost, and mislaid property.

  Briefly describe kaiser permenente

Briefly describe Kaiser permenente and how they should position its offerings. Provide specific examples to support your response Also determine the best way for that organization to analyze its competitors’ strategies, objectives, strengths, and wea..

  Examine and compare the costs of the two projects in terms

analyze and compare the costs of the two projects in terms of performance efficiency budget and schedule. make sure to

  Analysts responsible for preparing organizations budget

You work on a team of four budget analysts responsible for preparing the organization's budget. The budget is prepared at the same time each year and involves gathering and compiling input from several departments. What steps would you take to minimi..

  Lead to service breakdown

Which of the following examples could lead to a service breakdown?

  Apply that idea to leadership within an organization

Leo Durocher, baseball manager from 1939 to 1972, once said, "Nice guys finish last." Apply that idea to leadership within an organization

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd