Wednesday, February 26, 2020

Supply chain management of Coco-Mat case Essay Example | Topics and Well Written Essays - 1500 words

Supply chain management of Coco-Mat case - Essay Example The Coco-Mat company has several processes and stakeholders associated with the company and contribute to the success or failure of the business (Nagopoulos, Rontos & Pantazidou, 2013). The company relies on type and quality of raw materials obtained from various small and medium international suppliers which affect the sustainability of products and manufacturing. These suppliers lack knowledge on keeping and maintenance of supplies and about sustainable agriculture. This may lead to substandard raw materials and in turn create shortage of the required number of materials to sustain manufacturing. The company comprises of franchisors that run its retail stores. The franchisors have direct contact with the clients and are obligated to listen and respond to customers’ feedback and demands. If the franchisor is not able to deal with the customers well it may result to the company losing clientele which is against their objective of customer satisfaction. As the company loses the customer then, it means that the company is losing sales; therefore, the business may lack enough money to be invested in employees to motivate them. The company also has logistics par tners who contribute to mismanagement and delays of its products. This result to low performance of TQM implemented (Nagopoulos, Rontos & Pantazidou, 2013). Currently, the company if facing challenges in persuading supply chain partners to participate in TQM implementation. Mr. Chatzimichalis visualises a more responsible supply chain that will employ modern information and communication technologies. The C.E.O is searching for technologies that will enable Coco-Mat integrate marketing, logistics and production that will improve the company’s effectiveness and efficiency. Mr. Chatzimichalis also hopes to improve the role of clients in supply chain operations through technology application (Nagopoulos, Rontos & Pantazidou, 2013). 2. Debate the arguments of Mr. Chatzimichalis to make a more

Sunday, February 9, 2020

Sustainability of Seventeen Event Company Essay - 1

Sustainability of Seventeen Event Company - Essay Example As a concept, Sustainability can be defined as the â€Å"the growing concern for the environment and natural resources, though...[it]...has also had increasing resonance in social and economic issues.† (Mowforth and Munt,2009, p18). Academic, political and economic circles have begun to seriously consider the implications of unrestricted economic growth on the already stretched resources of the earth. The agenda is motivated by the understanding that the planet may not be able to cope up with the demands of the growth unless drastic measures are taken to support the processes with more environmentally friendly practices and technology. The burden of change in this area falls largely to businesses and economic groups as they are the main consumers of many of the natural, human and financial capital resources available currently. While governments and lobbying groups can provide much-needed direction and policies to guide the businesses towards sustainable practices; inevitably it is the businesses themselves that must show awareness and concern regarding the issue and make changes from the ground level as they have a greater reach and influence than any single consumer possibly could have.   It is not surprising that societal expectations from both local and international stakeholder are now forcing businesses towards a higher level of accountability and transparency with regards to not just their financial performance but also their role as a social participant in economic, social and environmental development (Sherwood, 2007). While responses have varied, businesses, especially in the consumer-centric, western markets, have responded to these responsibilities with efforts to be operationally eco-efficient, and incorporate social responsibility into their overall operations.