Business Management Case Studies
eBook - ePub

Business Management Case Studies

Pran-RFL, Netflix, Mc Donalds, Google, Tesco, Apple, COCA COLA, PSA Group, Mercedes, Tesla, Toyota, Beximco, KFC, LBC Lao Brewery Company

  1. 294 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Business Management Case Studies

Pran-RFL, Netflix, Mc Donalds, Google, Tesco, Apple, COCA COLA, PSA Group, Mercedes, Tesla, Toyota, Beximco, KFC, LBC Lao Brewery Company

About this book

Business Concepts for Management Students and Practitioners

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Information

Year
2021
Print ISBN
9783754316917
eBook ISBN
9783754355251
Edition
1
Subtopic
Management

1 Pran-RFL (Rangpur Foundry Limited) Group in Bangladesh

Saiful Islam, MD.
Abstract
Relationship management is at the heart of supply chain management. Link by link, relationship by relationship, a supply chain will be handled, and the companies that handle such relationships better will benefit. In this correlation, Pran-RFL SCM methods and techniques are discussed. Production management, planning, design, and construction, as well as market drivers, are all important aspects of SCM. SCM, like other organizational disciplines such as structural or process engineering, accounting, and materials management, has a leader who can push concepts across disciplines and organizational boundaries. Despite supply chain management, today's uncertainty is a cancer that must be combated, and process management is the weapon of choice. We created a solid model of supply chain management processes and clearly defined them so that the Pran-RFL group's entire process could be handled. It has helped our company realize that supply chain management is much too essential to be treated as a tool It is everyone's responsibility. The chain of command has a dynamic, detailed, and results-oriented team leader with a track record of increasing efficiency while lowering costs in domestic and international supply chain operations. Pran-RFL Supply chain managers are known for developing and executing business plans and blueprints. They are creative, analytical, and big-picture thinkers’ line that improves the performance of processes as the third part of the logistics management of supply chain process, distribution from one location to another is an endeavour.
When importing or exporting products or finished goods at the destination stage, supply chain management makes extensive use of Pran-RFL logistics. However, there are three options for bringing or sending goods: air, sea, and road. After deciding which method is best for getting the goods, consider how urgent or emergence the goods are, as well as the lead time, before deciding on the best method. Air freight is faster but more costly; sea freight is less expensive but requires a lead time for delivery; and road freight is another choice for communicating with neighbouring countries. SCM made a yearly or half-yearly planning for supplies or other products, and then made an easy decision on which route would be the cheapest and would arrive at the appropriate lead time. Following the overall explanation, we discover that the supply chain manager has decided that sea freight is the only way to transport goods to any country at the lowest cost and is the best option for achieving the company's ultimate target.
The aim of Pran-RFL is not to cut costs in order to make more money. Our company strives to minimize costs by providing the best possible finished product to our customers. Not only has the logistics cost been reduced, but every operational measure has been taken to reduce the cost. As a result, we will be able to reach our goal.
Introduction
Introduction to SCM
A supply chain is a dynamic management system that entails a continuous flow of knowledge, goods, and funds between stages. This stage included not only the manufacturer and suppliers, but also transporters, warehouses, and retailers who are involved directly or indirectly in meeting the customer's needs. Every supply chain's goal is to optimize the total value of all levels. Generally, supply chain efficiency is assessed using both qualitative (such as customer satisfaction) and quantitative (such as product quality) metrics (such as order-to-delivery lead time, supply chain response time, flexibility, resource utilization, delivery performance etc.). The supply chain network has a direct relationship with quantitative efficiency. Reduced lead times and prices, as well as improved product consistency and responsiveness, are all attributed to a well-functioning supply chain network. Despite its advantages, structuring a supply chain network is a difficult decision to make.
A collection of customer zones to represent, goods to produce and distribute, demand forecasts for the various customer zones, and information about the future are typical inputs to such a process.
Supply chain management is a network of mechanisms at companies that are active in the various working processes and activities that process across upstream and downstream linkages value in the form of products and services in the hand of the ultimate consumer. Maintaining a chain of command to be an effective supply chain will greatly improve a company's competitiveness. As a result, in the process industry, supply chain management (SCM) is a critical issue. This research aims to recognize some major key problems in the processing industry's SCM by designing optimization-based models, methods, and solution procedures using analytical or mathematical programming techniques for a better future of SCM at any organization. All activities that turn raw materials into finished goods and distribute them to consumers can be included in supply chain management. A supply chain usually has many phases, including vendors, producers, warehouses, distribution centres, retailers, and consumers
Figure 1: Structure of Supply Chain Management
Importance of the study
All parties (including manufacturers, marketers, suppliers, transporters, warehouses, retailers, and even customers) that are directly or indirectly involved in the production and distribution of goods are included in supply chain management. For that-
  • In the right quantities
  • To the right locations
  • At the right time
Supply chain management's key goals are to increase overall company efficiency and customer loyalty by optimizing product or service quality to customers. In order to- a higher level of performance at a lower cost. Must have enhance flexibility and agility
  • Optimize the value chain.
  • Face global competition
  • Improve customer service standardization.
Objectives of the study
Broad Objective
  • In Bangladesh, the Pran-RFL (Rangpur Foundry Limited) group has a supply chain management process.
  • In supply chain management, logistics, purchase process, supply chain, distribution, marketing, and contingency theory are used (SCM).
  • Knowledge disclosure is seen as a lack of control in the basic activity phase and performance for care.
  • Companies is not sought to achieve cost reductions or profit improvement at the expense of their supply chain partners.
  • Chain level-supplier’s supplier, customer’s customer.
  • Implementation is important for successful supply chain integration.
  • Time and space variables making complexity of SCM.
  • If it is not possible to collaborate with each other, even a good chain is not possible.
Sources of Information
Primary information: Primary data was gathered directly from senior manager (Mr. Shiplu) of SCM, Chief Operating Officer (Mr. Kamrul) of Tel department, Assistant manager (Abdus Samad) of Operation department, Assistant manager (Mr. Abu Huraira) of Recycle purchase department, Assistant production manager (Mr. Mokarram), Assistant manager (Mr. Bayazid) of Account Department, company training, and other sources., directly supplier visiting information and my cooperative colleague of supply chain department.
Secondary information: Secondary data is gathered from Pran-website, RFL's catalogues issued by Pran-RFL, various reports on Pran-RFL, and other sources such as the internet, newspapers, and magaz...

Table of contents

  1. Table of Contents
  2. 1. Pran-RFL (Rangpur Foundry Limited) Group in Bangladesh - Saiful Islam, MD.
  3. 2. Netflix - Smaya, H.
  4. 3. McDonalds - Mechchate, A.
  5. 4. Google LLC - Ferraris, M.
  6. 5. Tesco - Taqatqa, A.
  7. 6. Apple - Ahmed Al-Sobaihi , E.A.
  8. 7. COCA COLA - Alshammas, M.
  9. 8. PSA Group - Jeanpetit, C.
  10. 9. Mercedes - Nadir, M.
  11. 10. Tesla - Pasquereau, M.
  12. 11. How has PSA recovered since the arrival of Carlos Tavares in 2014? - DuprƩ, M.
  13. 12. Toyota and TPS Model - Do Lago Chagas, M.
  14. 13. McDonalds - Togan, I. O.
  15. 14. Beximco Pharmaceuticals Ltd. Of Bangladesh - Muhammad, S.
  16. 15. KFC - Abdelrhman Ayman, H.
  17. 16. Apple - Karaja, M.
  18. 17. LBC Lao Brewery Company - Siegfried, P.
  19. Copyright