Benefit from Using Supply Chain Management Approaches - Management Assignment Help

Assignment Task:

TASK:

'Question 1 (Marks: 12) Select a South African clothing retailer (e.g. Edgars) and explain how this particular company can benefit from using supply chain management approaches. Use internet sources to gather more information about the selected clothing retailer to substantiate your answer.

Question 2 (Marks: 18) “By offering SMEs a valuable spot in its supply chain, an organisation is not only making an investment in the South African business landscape and offering entrepreneurs a helping hand – they are investing in their own competitiveness and continued relevance in tough economic times”. 18, 19, 20; 21 2021 © The Independent Institute of Education (Pty) Ltd 2021 Page 5 of 5 Describe the drivers that an organisation must analyse to increase efficiency and improve responsiveness in its supply chain with the help of SMEs. Use practical examples to substantiate your answer.

Question 3 (Marks: 10) The South African Government introduced the Five Pillars of Procurement. These five pillars were introduced to stimulate and grow Small, Medium and Micro Enterprises (SMEs). Describe these five pillars that every good State department’s should follow and apply.

Question 4 (Marks: 60) Currently, the trend has been moving toward outsourcing combined with the creation of supply chain relationships, although traditional firms preferred the “make” option. Q.4.1

Q.4.1.1 Explain the difference between the two sourcing decisions, “to make” or “to buy” (4) Q.4.1.2 What drives organisations to make their own materials, components, services and/or equipment in house instead of outsourcing? (10)

Q.4.2 “In a period of recession, it’s not enough to merely aim to hold on to your existing clients. Breaking into new markets is equally important”. Describe entry strategies that organisations may use to enter foreign markets. In your answer include any two advantages and two disadvantages of each entry mode identified. NB: Word Count: 650 – 800 words (36)

Q.4.3 Explain the criteria that you would use for selecting the supplier of raw materials for your organisation

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