Question: SECTION A (100 Marks) Answer the questions. Individual Assignment MARGMA (Malaysian Rubber Glove Manufacturers Association) had projected demand of rubber gloves to reach ~300 billion

SECTION A (100 Marks)

Answer the questions.

Individual Assignment

MARGMA (Malaysian Rubber Glove Manufacturers Association) had projected demand of rubber gloves to reach ~300 billion pieces in 2020 with an annual growth of 12%, however, the current outbreak of novel Covid-19 has resulted in a 100% surge in demand globally in the first few months of 2020. The worlds largest rubber glove producer Malaysia, which contributes nearly 63% of global supply has revised its estimated supply to ~220 billion pieces in 2020 amid current scenario which is much higher than previously estimated numbers of ~188 billion pieces.

Looking at the increase in demand, Malaysias rubber glove players are standing in a very strong position, in-fact expected to see one of the best phases in terms of revenue growth in the current year. Over the years, Malaysias major rubber glove producers have been continuously enhancing production capacity to meet the rising global demand.

These manufacturers need to look into the supply-chain shocks that will continue to follow the Covid-19 outbreak, even after it is contained, will have a lasting impact on the global economy. This is why it is important for leaders to understand basic supply-chain functionality, what to do now, and how to mitigate future disruption. Covid-19 has created a very complex combination of both supply and demand problems.

Question 1

Top Gloves has implemented lean management, you are responsible in logistical arrangement to ensure the sufficient supply of rubber gloves to the increased of global demands due to global pandemic. Explain THREE (3) purposes of lean management practiced by the organizations in their business operations. (10 Marks)

Question 2

Design FOUR (4) lean overall approach strategies on the implementation of these lean strategies in ensuring the inventory availability to fulfil the demand. (60 Marks)

Question 3

Interpret THREE (3) impacts on strategies of lean approach to fulfill the increase of demand by Top Gloves. Support your discussion with appropriate citation, evidence and reference. (30 Marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!