a)Identify and briefly discuss 2 key factors/inputs at Fonterra to calculate single factor productivity in their factory (5 marks)
b)Identify and briefly discuss 3 key factors/inputs at Fonterra to calculate multi factor productivity in their factory (5 marks)
Task five:
1.How would you use the productivity measurement results to interpret performance management (4 marks = SF and 4marks = MF = total 8 marks)
Part B tasks:
Task one:
Discuss how globalisation has contributed to the changes in the Milk industry. Support your answer. (10marks)
Discuss the strategic importance of forecasting to Fonterra’s supply chain management. Support your answer with theory. (10 marks)
Task three:
Identify and discuss the 2 key external influences that impact on Fonterras inventory management adapted to changing market and customer expectations? (10marks)
Task four
Discuss 2 key domestic factors that can have a significant impact on Fonterra’s operation. (10marks)
Task five
1.Identify 2 new trends in inventory management on an international scale, and their impact, that can be recommended to the Operations Manager at Fonterra for future consideration. Support your answer. (10marks)
Sample Solution
