Santa Supply Chain Problems Term Paper Example | Topics and Well Written Essays - 1750 words

Santa Supply Chain Problems - Term Paper Example The issue of inadequate forecasting and poor communication has also affected the business. The management also faces the problem of too much paper work that gives them a hard time handling. Reports further indicate that the number of toys that are dead on delivery had risen compared to the previous year. The enterprise also faces some serious financial issues as shown in the reports that there is a considerable budget deficit affecting most departments in the enterprise. In addition, the Santa supply chain faces a serious problem due to the constant change in the customer demands. This has created the need to expand the company to meet the growing and changing demands of the market. Customer satisfaction data of 2011 revels that the there was a drop in customer satisfaction as compared to the year 2010. Most complains from children stated that they either got the wrong toy, or they did not get the toys they wanted. Reports indicate a lower customer rating in Europe: especially England, France, and Germany (Dr, Green 2011). The international consultants suggest that the company should apply the supply chain management programme. The programme integrates the procedures from manufacturing, operations, purchasing, transportation, and physical distribution into one program. It also involves integrating the activities of all these departments into a seamless process. Additionally, it links the participation of all the partners in the chain. The program aims at bringing a quality product to the market, and creating customer satisfaction. The benefit of supply chain management concept is obtainable when there is the integration of the entities within the organisation, and with the external partners who include suppliers’, distributor’s, carriers’, customers and the consumers (Zigiaris 3). The idea of supply chain management ensures quick delivery of goods to their destination. These bottlenecks include poor forecasting that has

Supply-Chain Management Essay Example | Topics and Well Written Essays - 1750 words

Supply-Chain Management - Essay Example A Thomas & Ladd Andrew,1999a) Regal Marine being one of the leading ten boat manufacturers of America, their vendors are with suppliers ranging from providers of wind shield to providers to of instrument panel controls. The major challenge in the vendor management is to identify and maintain suppliers who can ensure timely and regular supply of quality inputs. The management of payment handling, communication maintenance and quality assurance becomes of a major count with reference to the vendors of Regal Marine. The complexity and diversity in the business operations of the firm and the vividness in the parts to be sourced make the vendor management more complex. The wide gap in the level and business operations of the parent company and the vendors make the process of associations with the vendors a difficult process. The cost object controlling is a part of a product cost controlling process that determines the cost which accrues in producing a product or performing a service. (Curran, A Thomas & Ladd Andrew,1999b) The cost effectiveness of the products sourced becomes vital for Regal Marine as it would directly influence the price of the final product. This process becomes vital for Regal Marine so as to maintain the market competence and the present market status of the company. The inventory valuation process and a sourcing costing with relevance to this is a major challenge for the company. The limiting factor with regard to the product development process of Regal Marine in regulating the cost is the wide range of operations of its vendors. The complex nature of the supply chain management process involved in Regal Marine would require highly trained and efficient man power. An improvisation in the Supply Chain management would mean a revamping exercise in the current organizational structure of Regal Marine. An improvisation and capacity building in the existing manpower, inclusion of expert staff in maintaining complex supply management process is a