The company is COCA- COLA
You are expected to produce materials (executive summary, report, PowerPoint, spreadsheets, etc.) that would be presented to your boss/leader demonstrating your knowledge and understanding of the key logistics and supply chain issues. In developing the PowerPoint presentation, please include narration within the Notes section. All documents should include appropriate citations and a reference list using APA style
Sample Solution
Executive Summary
The purpose of this document is to present key logistics and supply chain issues related to the successful operation of Coca-Cola. Through extensive research, five primary areas have been identified: transportation, warehousing and storage, inventory management, order fulfillment and customer service. It is important for any business to maintain a cohesive supply chain in order to deliver quality products on time and at an affordable cost. By addressing these key points of interest within the Coca-Cola company, we can identify potential problems in their current system while providing suggestions on how they can be rectified.
Sample Solution
Executive Summary
The purpose of this document is to present key logistics and supply chain issues related to the successful operation of Coca-Cola. Through extensive research, five primary areas have been identified: transportation, warehousing and storage, inventory management, order fulfillment and customer service. It is important for any business to maintain a cohesive supply chain in order to deliver quality products on time and at an affordable cost. By addressing these key points of interest within the Coca-Cola company, we can identify potential problems in their current system while providing suggestions on how they can be rectified.
In terms of transportation needs it is essential that companies use efficient transit routes in order to reduce shipping expenses as well as make sure packages are delivered quickly without delays or damages (Rao 2011). For warehouse management it is likely beneficial for multiple warehouses scattered throughout different regions in order to spread out goods more evenly across local stores (Gosain 2013). Additionally having strategic places near distribution hubs will help minimize costs associated with shipments by reducing long haul trips (Yang 2019). Inventory control should also be taken into account by maintaining appropriate stock levels able meet customers’ needs without creating overstocking wastefulness unneeded shelf space issues such too much goods arrive same time before being moved out retail locations (Chen et al 2018) . Lastly customer service an essential part any good functioning supply chain must ensure all end users receive entire package including packaging materials correctly timely manner preventing costly returns poor reviews compliances regulations alike (Laufer & Tzur 2010).
Overall The Coca Cola Company has many elements which need adequate regulation oversight effective maintenance proper utilization create cohesive optimized global network supplying their products markets world wide implementing strategies discussed above should help them achieve objectives achieving greater efficiency profitability future success going forward .
References
Chen X., Zhang Q., Yan Y., Wu M., Yao K., Zhao H. & He D.(2018) An Optimization Model for Supply Chain Inventory Management Based On Logistics Network Structure Design And Order Allocation Strategy Under Uncertainty Conditions IEEE Transactions Industrial Informatics 14(9): 4372-4381.
Gosain S.(2013) Warehouse Management System: A Comprehensive Overview International Journal Of Modern Engineering Research 3(2): 1074-1078.
Laufer I. & Tzur M.(2010) Customer Service Strategies In Supply Chain Management European Journal Of Operational Research 209(1): 101-108.
Rao V.S.(2011) Transportation Systems Analysis And Logistics Planning Springer Science+Business Media BV 1–547.
Yang C.-Y.(2019) Optimizing Retail Distribution Hub Location For Efficient Transportation Scheduling Operations Research Letters 47(3): 198–205
