Friday, February 28, 2020

Supply Chain Management Essay Example | Topics and Well Written Essays - 1500 words - 7

Supply Chain Management - Essay Example Zara. Zara is an international fashion company which designs, manufactures, and markets the products of fashion industry. Although the company has set up its marketing units in the Asian markets, it seems to be reluctant to shift its focus from the European market with the purpose of manufacturing. The objective of the paper will be to identify the influencing factors due to which the company executes more than 80% of its manufacturing operations only in Europe. With this purpose, the paper shall consider the various aspects of the company’s supply chain and analyse them with relation to the opportunities provided in most of the emerging markets of Asia. The operations of Zara are entitled to perform various tasks from the preparation of a design and producing the stock to the distribution of the finished products. Therefore, the organisational operations of the company can be observed as a lengthy and complex process which can be defined as the company’s supply chain. Supply Chain basically refers to the accumulation of the activities supporting the customers’ demand with efficacy. With this virtue, the term ‘Supply Chain Management’ can be referred as the managerial approach adopted to control the various stages of the supply chain in a strategy. It is perceived to be most applicable in the case of manufacturing companies, providing a comprehensive outlook to its operational processes. Four stages can be identified differently in the supply chain of a company, i.e. supply network (the suppliers of raw materials to the firm), internal chain of supply (the manufacturing units of the company), distribution channels and the ultimate customers of the product (Li, 2007). Being a manufacturing as well as a marketing company, Zara also maintains a supply chain in its operations which is identifiably different from that of its rivals or any other similar companies. Even the corporate strategies differ largely from its

Wednesday, February 12, 2020

The evaluation of Coca Cola Company Corporate Sustainability Report Essay

The evaluation of Coca Cola Company Corporate Sustainability Report 2012-13 against the Global Reporting Initiative 3.1 Guidelines - Essay Example The consumers and employees are very much concerned about social and environmental issues. So the company gets involved in performing all these activities to satisfy its customers and employees. CSR plays an important role in the growth and success of the company. Strategies of corporate sustainability focus on green product and services. Coca Cola’s strategies of corporate sustainability have changed over time as per its business needs and requirements. The concept of corporate sustainability is based on two vital principles. One principle focuses on increasing the resource of the company by benefiting society or environment. Another principle of corporate sustainability focuses on reducing risk of the company by increasing its business opportunities. This essay focuses on value creation process of the company by performing various sustainable approaches. According to GRI guidelines CR reporting must serve the needs of company’s stakeholders. It helps them to gain credibility. In the present time the stakeholders are using multiple channels to reach maximum number of people. The companies merge information of CR in their annual report. GRI guideline is gaining its popularity in recent years. To increase CR reporting programs GRI is putting a huge effort to promote its guidelines throughout the world. For example US and China are presently focusing more on connecting traditional standard setter with GRI program like SEC, IIFAC etc. GRI is launching a new guideline to make improvement in its standards. CR reporting will be benefited by improving global standard and performance of CR activities. Presently 80% of G 250 companies and 69% of N100 companies are following GRI guidelines and standards in developing their CR Report. Earlier these percentages were very low. According to GRI guidelines CSR reporting is an