Strategic Supply Chain Management and Logistics in Waitrose - Report Example

The paper “Strategic Supply Chain Management and Logistics in Waitrose” is a meaty example of a management report. This research paper explains the supply-chain management and logistics of Waitrose, one of the primary retailers in the UK. The fundamental idea is to offer specific insight into the operational approach of the company at the supply-chain level.The paper begins with a brief introduction about Waitrose’s supply chain strategy, which will be analyzed at the level of the five supply chain drivers, namely, inventory, facilities, information, transportation, and sourcing.

The main policy of SCM (Supply-Chain Management) engaged by Waitrose is to have a sustainable supply chain, which is predominantly recognized and analyzed in this research paper. Waitrose has achieved one of the principal positions in the market by this approach. The well-organized strategies and good business practices used by Waitrose are accredited, challenges are recognized and recommendations are proposed to enhance the SCM and logistics of Waitrose.Answer 1.1The term supply chain connotes the series of processes associated with the manufacturing and distribution of a product.

The term supply-chain management connotes the restructuring of a business’ supply-oriented functions to capitalize the customer value and attain a strategic benefit in the marketplace. The term logistics connotes a function of the supply chain that designs, introduces, and manages the effective, and efficient onward and reverse flow and warehouse of products and services and associated information between the point of manufacturing or origin and the point of sale or consumption with a view to cater the consumer needs.

For the success of any organization, SCM goals should align with organizational goals. This objective connotes that SCM can directly impact either positively or badly the long-term growth, profit margins, and operating outcomes and strategies of a business organization. For instance, if a business has a goal of minimizing the quantum of working capital across its supply chain.