(Mt) – MGT 322 Saudi Electronic University Supply Chain Management Questions

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Please view explanation and answer below.1Supply Chain Management.Student’s nameInstitutionCourseProfessorDate2Supply Chain Management.Executive summary.The assignment seeks to learn about supply chain and logistic management tools and analyzelogistic performance and priorities. Logistic performance and preferences refer to assessing theeffectiveness of a supply chain in increasing the firm capabilities of attaining the local and globalmarket benefits. It helps develop a strong organizational culture that allows smooth running andattaining the stipulated objectives. It is gained through proper outlining of the company’s goalsand objectives. Considering our restaurant in the study, we come across the following purposesthat help them run smoothly.I)Maintain uniformity in customer services.II)To retain their competitive value in the market.III)To work with a highly motivated and ethical team.IV)To maintain a corporate relationship with society.V)To provide a conducive and hygienic environment for their customers.The actual accomplishment of these objectives is facilitated by a good utilization of thesupply chain management tools. In this context, supply chain and logistic management toolsrefer to the strategies employed to increase or retain the market niche. They are essential andhelpful strategies that help one maintain their competitive value, maintain the flow of customers,and provide the best services. We refer to albaik restaurant in learning about the application ofthese tools. The tools include;I)The lean inventory tools. Deals with waste management and aims at increasingproductivity.3II)Shipping status tools. It helps in the maintenance of logistics and proper determiningof shipment schedules.III)Order processing tools. The main activity is to maintain well-organized customerservice and maintain a better and more conducive environment.IV)Demand forecasting tools. It helps determine and understand the past changes in thedemand chain, resolving any potential problem. They give insight on what to do incase of such occurrences as well helping the company reduce their inventories.The restaurant has applied the above tools in the following ways;I)Maintaining their customer relation. It is met through the maintenance of an orderlymanner in the restaurant. We learn that every client knows who will serve and whento be served, maintaining their spirit on waiting.II)Keeping their relevance in the market remarkable. Maintaining a competitive markethas been the restaurant’s main aim and has been met through proper utilization andapplication of the tools.III)Success in the market. The tools are the central pillars that have helped Albaik to besuccessful in its field. Despite having solid competitors, it can maintain thatremarkable success.Background information.The restaurant in question here is …

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