Wednesday, 14 September 2016
Risk Management in Global Supply Chains
MODULE: Managing Operations and the Supply Chain
Assignment title: Risk Management in Global Supply Chains
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Purpose of the Assessment
This assignment is designed to enable you to show an understanding of risk management in a supply chain context. It also enables you to apply theory into practice by discussing supply chain risk management in a specific real-life business scenario with a focus on international supply chains.
Assessment Task
You are required to write a report based on a specific organisation of your choice. You can choose an organisation of any type (manufacturing or service), sector (private or public, e.g. a government agency or department) and size (small, medium or large corporation).
The report should address key theoretical and practical aspects related to the subject. The theoretical part of the report should provide an overview of sources of risk as operations move from local to global operations. Discuss risk and its management as it relates to operational and supply chain aspects, for example potential disruptions at ports, longer lead times, impaired vendor communications and relations, etc.
The practical part of your report should be developed through a specific discussion of how these potential risks are perceived, managed and/or mitigated by your organisation.
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Case Study Organizations Options:
Choose one only of the below organizations for this case study to talk about:
1. Johnson’s & Johnson’s
2. Ford Motors.
3. Nestle.
4. H&M.
5. PepsiCo
6. Starbucks.
7. Nike.
8. Walmart
9. Colgate.
10. Coca-Cola
11. Procter & Gamble
12. Amazon
13. McDonalds.
Assessment Breakdown
Report structure should include:
1. Front Sheet showing: module name, the assignment title, the date and the word count (word count excluding the executive summary)
2. Table of contents – headings and page numbers.
3. (about 250 words) Executive summary - that outline the whole report. (problems & solutions if any) mention the key risk summary.
“one of the key problems are ……. And ……”
4. (about 250 words) Introduction - Introduce the company you have chosen to focus the report on. Describe:
a) Which organisation is it?
b) What are the main products and/or services provided by the organisation?
c) Who are the main target customers and competitors?
Should start with: “This report is on the challenges and risks that have been observed when “Company X” moved from local to global.”
Then you can mention the below:
“Company X” does ……., they produce ……., they sell their products in xxx countries”
5. (about 1125 words) Provide a literature review on the subject of risk management focusing on supply chain operations of organizations transitioning from a local to a global focus, How they start and how they grow. You should draw from academic publications, books and business articles that are no older than 10 years. (General information not about the chosen company) Address the question:
a. What potential risks exist for organisations expanding operations from a local to global focus?
b. What are the risk management techniques supply chain practitioners employ to mitigate and manage such risks?
c. Add separate titles for:
Flows.
Risk Management.
6. (about 900 words) Use the theoretical aspects characterised above as a basis to discuss practical aspects of your chosen organisation. Key issues/questions to be addressed in this part are:
a. Characterise the potential risks associated with your organisations. The key question to address in this part is: What are the key risk sources and potential impact to the operation?
b. From the identified sources risks outline the ones with the greatest impact on your chosen organisation.
c. With basis on the risk management techniques being discussed, point out the organisation's ability to resume normal supply chain activities and delivery of products and/or services to its customers.
d. Add separate title for:
Risk Management in Company X.
Supply Chain challenges in Company X. (For example Cost Issues, Communications, Lead time, Exchange Rates, and Visibility)
7. Recommendations (about 100 words)
8. Conclusions (about 125 words) – how the purpose has been achieved (or not) - lessons learnt, possibilities for future activities or research.
9. Reference list – Harvard as per attached file.
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Assessment Instructions:
should be in a report format.
critically analyze and critically discuss and use Literature Review to Investigate and critically evaluate the range of concepts and techniques available to operations managers so as to enable effective business decision making.
Critically discuss and evaluate the theoretical and real life applications of topics in the indicative content, analyzing and evaluating the benefits they offer to an organization and the challenges to be overcome in implementing them.
Use Harvard referencing system version which is "attached"
use citation after everything and concentrate in up-to-date referencing.
Use diagrams/tables etc. where appropriate but apply them.
Check all attachments and examples provided by the module professor.
The slides attached is a summary of the topics discussed in this module.
Discuss and critique the sources that you use in order to reach evidence based conclusions.
Avoid blogs/ Wikipedia.
show evidence of critical thinking and analysis in the work.
Apply a range of analytical models and conceptual tools and techniques in the analysis of organisations.
Demonstrate knowledge applied to practical situations of business management.
Engage in critical, developmental reflection about professional knowledge.
Produce evidence-based arguments and conclusions.
Assessment Submission
Your assignment must be word processed and presented in a report format with simple sub-headings. The word count should be 2500 words±10% (tables, diagrams and appendices are excluded from the count).
The Assignment report should have a Front Sheet showing your name, your student number, the module name, the module number, the assignment title, the module tutor's name, the date and the word count.
All assignments will be submitted, graded and fed-back electronically via TURNITIN. Several submissions will be permitted before the hand-in date in order to enable you to refine the content in your report.
If you click on the “Submit Your Work” button on the Module NILE site you will find an explanation of the Submission and Grading Electronically process there.
Feedback on assignments in general will be provided to the whole group when marked assignments are returned. Feedback on assignments for each individual will be provided electronically via TURNITIN.
A student may obtain an individual appointment to discuss feedback with the tutor.
Assessment Guidance
The quality of your presentation and academic referencing is very important. Please, use the Harvard Referencing System.
Within your assignment your tutor will be looking for content that addresses the key elements of the assignment brief.
Try not to overcomplicate your answers by choosing a company that you know little about. Keep to simple processes that you know well.
Look at the Check list at the end of this brief. It shows the subheadings to use and offers a guide as to how the marks will be distributed.
Use the percentages as a guide to how to distribute your word count.
Assessment Learning outcomes:
The learning outcomes being addressed through this assignment are:
Knowledge and Understanding:
1. Investigate and critically evaluate the range of concepts and techniques available to operations managers so as to enable effective business decision making.
2. Demonstrate conceptual and practical understanding of the opportunities and constraints that organisational characteristics place on operations managers and on operational decision making in the supply chain context.
3. Critically discuss and evaluate the theoretical and real life applications of topics in the indicative content, analysing and evaluating the benefits they offer to an organisation and the challenges to be overcome in implementing them.
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Subject- Specific Skills
1. Critically evaluate the business relevance of the concept/topic studied, with a view to understanding the value of its adoption to an organisation.
2. Assess the capacity and capability of an organisation to deliver Quality and Value to Customers both internal and external to the organisation.
Key Skills:
1. Make discriminating use of a range of learning resources in order to solve problems within the domain of International Supply Chain and Operations Management.
2. Communicate the solutions arrived at, and the critical evaluation underlying them.
Reading List:
1. Paton et al, Operations Management, (2011) ISBN-13 : 978-0-077-12617-9
2. Martin_Christopher_Logistics_and_Supply_Chain_Management,_4th_Edition____2011 (Attached) Read chapter 2.
3. Logistics and Supply Chain Management Book.
4. Managing Quality, integrating the supply chain, Thomas Foster.
5. Attached support documents.
Check the example attached provided for the assignment.
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