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Ways in Which Efficient and Effective Supply Chain Can Maximize Customer Service, Product Fulfilment, and Cash Flow

Pages:
4 page
Sources:
5
Solution:
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Subject:
BUSINESS, MKT, ECON
Language:
English (U.S.)
Date:
Total cost:
$ 13

INSTRUCTIONS:

Topic: How efficient and effective supply chains can maximize customer service, product fulfillment, and cash flow?

1. I need to make the topic doesn't look like a question. 

2. Fix the topic in a way that the primary meaning is the same as the question. 

3. Please read the file is attached to the order.

Logistics Research Paper Guidelines

1.      Topic must be narrow and concise enough to cover in five pages.

2.      You must submit a 1–2-page Research Proposal that contains the following:

a)  Title of research paper.

b)  Background Information: A 150–200-word overview of the topic that you intend to prove,

analyze, or explain. You must integrate the Saint Leo University core value of integrity into your paper in some form.

c)  A list of five references that you will use in your paper.

3.      Your Research Paper must be divided into logical headings and the layout should adhere to the following suggestions:

a)  Cover page: see Paper Format below

b)  Introduction or Background: choose either to use

c)  Current Situation, Statement of Problem, or Issues Addressed: choose one heading to use

d)  Analysis of Issues, Addressing the Problems, or Answering the Questions: choose one heading to use

e)  Conclusions or Recommendations: choose one heading to use and develop conclusions based on your paper’s objectives

f)  References: use this heading, then list sources below in proper APA format

4.      Your Research Paper must make some sound conclusions and/or recommendations based on your research findings about the topic. Make sure that your conclusion or recommendations present something unique or exclusive in nature and are not a rehash of information in the textbook.

Paper Format

1.      Complete document must be in proper APA format

2.      Cover page: paper title, your name, date, class name, and professor’s name

3.      Table of contents: outline of research paper’s contents

4.      Abstract: not required for short paper

5.      Written content: approximately 3 o 4 pages not including cover page or

References

6.      Font: 12-point Arial, Courier, or Times New Roman

7.      Line spacing: double 

SOLUTION:

Ways in Which Efficient and Effective Supply Chain Can Maximize Customer Service, Product Fulfilment, and Cash Flow

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Ways in Which Efficient and Effective Supply Chain Can Maximize Customer Service, Product Fulfilment, and Cash Flow

Background information

A supply chain is a core activity in any business establishment. The quality of a supply chain determines the level of customer satisfaction and the possibility of achieving the business objective. A poor forming supply chain leads to customer dissatisfaction resulting in ineffective cash flow. According to Langley et al. (2020), a well-organized supply chain uses advanced technology to improve customer services and reduce operational costs to boost the company’s cash flow. Ordering information sharing and retrieval are faster and more accurate when done through information technology software than when shared through manual means. It is also easier to repack the stored products to the customer desired sizes before delivering them. The repacking process is simplified by automation and the use of machines to do the repacking roles. Customers do not receive a surprise because information technology in the supply chain permits sending notifications before the dispatch is done. This paper explores how an efficient and effective supply chain can maximize customer service, product fulfillment, and cash flow.

Statement of the Problem

Every business statement requires an efficient and effective supply chain to maximize the benefit realized company and its customer through inbound and outbound materials logistics. Supply chain management has subjected many companies to poor customer services, minimum order fulfillment, and impaired cash flow.

Analysis of the Issue

Maximum Customer Service

Supply chain management is directly related to an organization’s customer service. An efficient and effective supply chain helps the company respond to customer needs appropriately to achieve excellent service (Min et al., 2019). A business establishment achieving great customer services is better positioned to counter the competition in the market. A supply chain is the back backbone of every business entity because its efficiency dictates its ability to replenish its inventory quantities at the right time.  A cultivated and strong supply chain keeps companies prepared to respond to the changes in the market and perfectly meet customer expectations.

A good supply chain management is made efficient through the use of inventory management software to enhance the organization’s customer services by allowing the company to do a number of things: First, a faster and more accurate delivery of products and services than it can happen supplying manually. Procurement information and records are shares electronically, which is faster than manual mode. Easy access and processes of information through the advanced improve customer services. Electronic information is less prone to errors than making it more accurate to interpret the delivery of the requested orders. Second, the use of advanced technology in the supply chain reduces delivery delays. The use of barcode scanners in the supply chain management speeds up inspection of products on delivery to achieve a short delivery time. Lastly, advanced supply chain management enables the business establishment to supply items to customers constantly. Techniques like vendor-managed inventory (VMI) keep track of stock level...

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