Wednesday, May 6, 2020

Sales and Distribution Channels-Free-Samples-Myassignmenthelp.com

Questions: 1.Describe the key success factors for the strategies that were implemented in the case study.2.Explain the likely challenges associated with the logistics management strategies applied to create solutions in this case.3.Describe the strategies that should be implemented to maintain the results that have been realised. Answers: 1.Nutrabolt required faster methods of processing the orders faster and in a more efficient method. In addition to that, the company also required to manage the volume swings more economically. The entire situation demanded implementing strategies that help the organization to enhance the distribution channels and the existing management as well. The key success factors of the strategies that have been implemented by Kane in the sales and distribution channels of Nutrabolt are: Kane has worked in an efficient way to manage the multi distribution channels. Nutrabolt already had five war houses in its US distribution channels where two of the war houses were in Salt Lake City and in Atlanta. Previously, Nutrabolt had used both of these war houses for their distribution to the consumers, retail chains and the other distributors. Kane has designed all these facilities in a way that all of the war houses could utilize a single inventory pool for handling the case, pallet and each pick requirements along with the replenishing products for all the distribution channels. In this way, all the products of the company will be available for the first come, first serve basis for any distributor, rather than preserving the products for few individual channels. Therefore, it would be easier for the distributors to access the products according to their requirement. Furthermore, more products will reach the customers. Kane has also implemented that all the products of Nutrabolt will be kept in a place within the temperature 58F to 75F and the entire inventory will be managed through strict FIFO protocols with the capability of tracking the products with the lot numbers and there will be expiring date tracking system as well. In this way the organization will be able to track the products which are required to remove from the distribution channel. Other than that, the organization will also be able to track if there is any batch missing, therefore it will be easier to track if there is any unusual doings with the products. Therefore the organization could track its products more effectively. It had also improved the level of accuracy in terms of the errors made in inventory. Kane also uses Manhattan Scale which is a leading management system, mostly used by all the renowned companies for managing the inventory of Nutrabolt. In this way, they make the retail supply chain of the organization more efficient and ensure that the organization is in compliance with the routing guides of the retailers. Along with that, utilizing the management system has reduced the cost of labor to a great extent. Using these strategies, Kane has improved the sales and distribution channels and reduced the costs in few usual sectors to a great extent. 2.After the implementation of the strategies, there may still be few challenges for the organization. Nutrabelt and Kane both the organization should be well aware of the possible challenges that can come their way in the future. Those are: Fail of Technology Kane has implemented more advanced technologies in the logistics management system of Nutrabolt. It has been done due to the reduction of the cost of the labor and making the entire management stricter so that they can track each of the products and there is no unusual act done with any of the products. However, they have to remind the technology can fail at any time. Therefore, the company requires keeping a huge back up for the logistics management system. It is very much significant to back up the data and have a plan for recovering from any system failure. Conflict amongst the employees Kane has merged the multi channeled distribution of the nutrition supplements and started replenishing all the products in a same inventory pool. This is indeed a positive step towards handling the facilities in a more efficient way; however, there can be a big challenge of managing all the employees in a same place. There are supervisors from different inventories who are going to work at the same place from now one, therefore they may face trouble working with each other and there may be conflict of ego amongst them. Moreover they may also have conflict of decisions regarding the distribution channels as well. Therefore, the organization requires looking into this matter carefully. Increased cost for implementing the technology Kane has planned to implement strict technologies within the inventories and the transportation system. Implementing such technologies may reduce the cost of labor and may improve the accuracy of the system to a great extent, but the cost of technology may be higher at the initial stage. Purchasing the operating system and implementing it successfully may take a toll on the organization. Training and development for the employees Before the organization implements the technology in the inventories, it requires training and developing its employees so that they can handle the management system in an efficient way. Therefore, the organization also requires spending adequate money for the professional development as well, so that the employees can address the potential challenges after the implementation. Scheduling success Allocating the technological resources is one of the biggest challenges that the organization can face after the implementation. Initially the technological system may result into success but it may not provide the desired success after a point of time. Therefore the organization requires having a definite and distinct backup system. 3.After the implementation of the technologies, the organization should also bring new strategies for retaining profits from the implementation. The possible strategies that could be implemented are: Clarify the issues that the technology will help tackling the organization The organization should get all its employees onboard after the implementation of technology. The organization should conduct meetings and make sure that the employees are capable enough to handle the technological innovations and they are agreeing to it. There should be a thorough mapping of the existing procedure and where the risk lies. Before implementation the organization should also inform how the technology can mitigate the possible risks as well. Building the consensus The managerial, professional and administrative consensus should be built after the implementation of the technology. This involves considering where should the changes can be implemented and where exactly to focus. Several times, most of the companies, lack the balance between the creation of the strategies and the implementation as they so not build the consensus throughout the organization, rather they only consult the senior management. This may cause a huge problem for the organization later. Therefore this necessary thing should be done right after the implementation. Considering the opinions of the employees The opinions of the employees are very much valuable in this situation because they are the ones who are going to work with the technological system. Therefore the organization should take regular feedback after certain point of time. Not only that, the senior management should consider the opinions to find out if there is any such hassles that the employees are facing with the technological implementation. Evaluate the progress The organization should always evaluate the progress after the implementation. Even if the theoretical version of any technology seems to be perfect, in reality, there are times when the implementation can fail immensely. Therefore there should be continuous process of evaluation which will let the management know whether the implementation is mitigating the risks or it is enhancing it. Measure the implementation There are times when the organization may not be able to measure the after effects, however other than this process; the organization will not be able to continue with the implementation. Bibliography Abdullah, R., Daud, M., Ahmad, F. and Shukti, A., 2016. Green Logistics Adoption among 3PL Companies.International Journal of Supply Chain Management,5(3), pp.82-85. Abdulrahman, M.D., Gunasekaran, A. and Subramanian, N., 2014. Critical barriers in implementing reverse logistics in the Chinese manufacturing sectors.International Journal of Production Economics,147, pp.460-471. Bouzon, M., Govindan, K. and Rodriguez, C.M.T., 2017. Evaluating barriers for reverse logistics implementation under a multiple stakeholders perspective analysis using grey decision making approach.Resources, Conservation and Recycling. Chinda, T., 2017. Examination of factors influencing the successful implementation of reverse logistics in the construction industry: pilot study.Procedia Engineering,182, pp.99-105. Diabat, A., Khreishah, A., Kannan, G., Panikar, V. and Gunasekaran, A., 2013. Benchmarking the interactions among barriers in third-party logistics implementation: An ISM approach.Benchmarking: An International Journal,20(6), pp.805-824. Myerson, P., 2012.Lean supply chain and logistics management. New York: McGraw-Hill. Prakash, C., Barua, M.K. and Pandya, K.V., 2015. Barriers analysis for reverse logistics implementation in Indian electronics industry using fuzzy analytic hierarchy process.Procedia-Social and Behavioral Sciences,189, pp.91-102. Stock, J.R., 1998. Development and implementation of reverse logistics programs. InANNUAL CONFERENCE PROCEEDINGS, COUNCIL OF LOGISTICS MANAGEMENT.-- Vijayaraman, B.S. and Osyk, B.A., 2006. An empirical study of RFID implementation in the warehousing industry.The International Journal of Logistics Management,17(1), pp.6-20. Ye, F., Zhao, X., Prahinski, C. and Li, Y., 2013. The impact of institutional pressures, top managers' posture and reverse logistics on performanceEvidence from China.International Journal of Production Economics,143(1), pp.132-143.

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