Question: Question 1 Demand forecasting, inventory management, supplier relationship management, logistics and transportation, sustainability, and risk management are TFGJ ' s five supply chain problems. TFGJ

Question 1
Demand forecasting, inventory management, supplier relationship management, logistics and transportation, sustainability, and risk management are TFGJ's five supply chain problems. TFGJ can increase customer happiness, boost operational efficiency, and optimize its supply chain by tackling these issues.
Demand forecasting: Predicting consumer goods demand with accuracy.
Inventory management is the process of balancing stock levels to satisfy demand while cutting expenses.
Supplier Relationship Management: Establishing and preserving solid connections
Logistics and transportation: Skilfully overseeing the flow of commodities from suppliers to consumers.
Risk Management:Managing hazards in the supply chain and ensuring sustainable practices are known
Step 1: Forecasting Demand To ensure optimal sales of its furniture products, TFGJ must precisely forecast consumer demand. Making educated judgments regarding production scheduling and inventory management include examining previous sales data, market trends, and seasonality. Unpredictable demand projections may result in surplus inventory or stock outs, which would be bad for business and consumer satisfaction.
Step 2: Inventory Control TFGJ relies heavily on maintaining balanced inventory levels. While stock outs can result in missed sales and disgruntled consumers, excess inventory can promote obsolescence and higher storage expenses. To keep inventory costs down and satisfy customer demand, TFGJ needs to put effective inventory management solutions into place, like just-in-time (JIT) and safety stock plans.
Step 3:Supplier Relationships management TFGJ has to establish and maintain solid relationships with its suppliers. This entails finding trustworthy and superior suppliers, settling on advantageous terms, and encouraging candid communication. TFGJ can achieve supply chain disruption mitigation, lead time reduction, and raw material security with the aid of a strong supplier relationship management strategy.
Step 4: Logistics and Transportation For TFGJ, effectively overseeing the flow of goods from suppliers to consumers is essential. To cut costs and lead times, this entails optimizing the modes, routes, and timetables of transportation. To guarantee the safe and prompt delivery of goods, TFGJ must also take into account the standards for packaging, labeling, and tracking.
Step 5: Risk management and sustainability In its supply chain, TFGJ needs to give risk management and sustainability top priority. This entails putting into effect eco-friendly procedures, such cutting waste and employing sustainable products. To maintain business continuity and resilience, TFGJ must also recognize and reduce risks like supply chain interruptions, geopolitical unrest, and natural calamities.
TFGJ can stay competitive and succeed over the long run in the furniture manufacturing sector by putting these plans into practice.
Processes and supply chains should be effectively managed to maximize their competitiveness in the markets they serve.
According to Krajewski et al.(2016)
Page 25,Chp 2.
Question 2
All managers maintain the fundamental functions in an organization. This includes planning, organizing, staffing, leading, and controlling (Heizer et al.,2017). To achieve the goals of their organization,managers must understand how decions are made and know which decision making tool to use.CHP 4,PG 678,Operations Management,Sustainability and Supply chain Management.
Design of goods and Services:This covers every facet of producing the product, such as resource allocation and production costs. It is a decision that goes beyond operations management and significantly depends on in-depth market research and target audience analysis. In order to meet the ever-evolving needs of its customers, Pick n Pay must design its products to meet those needs. To do this, the company must conduct market research to learn what its customers want, and then tailor its product offerings accordingly.
Quality Management: include making choices about the state of the goods being offered. Decisions made here are based on the demands and desires of the client, who determines the product's quality.
Making sure that every product that is produced and delivered is in suitable condition for sale is another important aspect of quality management. The production process and operations management both depend on the execution of quality control inspections.
Pick n Pay must prioritize providing its customers with high-quality goods and services. To guarantee that its products meet the highest standards, it must implement quality control measures.
Process and Capacity Design: this is based on the tactics employed throughout the production stage of product creation. This covers all equipment, technology, automation, and supplies used in production that are necessary to keep things running smoothly. Developing a concise, tho

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