This assignment is designed to enable you analyse a business, reviewing the auspices of inventory, people andtechnologyc in
relation to operations management and supply chain risk.
In Assignment 1we looked at how to connect the 5 perspectives of Operations management to the supply chain to deliver cost
and customer service benefits. Now, we need to understand how in doing so [leveraging off of the 5 perspectives of
operations management] the supply chain needs to utiliseinventory, peopleand technologyto mitigate risk in terms of fraud
and obsolescence.
Taking the organisations chosen, you are to review the supply chain identifying how inventory, people and technology are
utilised in an operational context.
It will require you to conduct a review of the literature in the subject area of Operations and supply chain management.
Specifically, how the purpose of operations management systems support the wider supply chain in mitigating risks
associated to fraud and inventory.
Following the academic literature, you will be expected for your chosen organisation to identify an aspect of the supply
chain that is at risk of fraud or obsolescence. Using the literature review and course core text design a solution to
mitigate the identified risks using either/or combination of people, process or technology and you will need to underpin
your solution design with a cost benefit analysis.
Within a report format answer the following questions:
1. Describe how your chose organisation utilises inventory, people and technology to operate effectively in the global
marketplace.
(20% word count)
2. Prepare a review of the literature on operations management and supply chains use of inventory, people and technology to
mitigate risk, focussing on the concepts, applications and strategies available that assist supply chains to mitigate
against fraud and obsolescence. Critically discuss the authors, their views on the subject and their frameworks or
strategies and describe the operational benefits would you expect to see from introducing the concepts into your chosen
organisation.
Consider at least §. journal articles no older than years
(50% word count)
3. For the organization chosen, explain how you would leverage off of inventory, people or technology driven processes to
underpin better supply chain risk mitigation strategies, with a particular focus on fraud and inventory management.
(20% word count)
4. Business decisions based upon quantified evidence rather emotion and ego are important. For the change you are proposing
here support your discussion with information. The numbers may be factual or made up.
For the problem you are looking at: identify the evidence that shows the problem exists; what is the potential loss to the
company if the problem persists; the opportunity for income improvement if put right; the Cost Benefit Analysis .
A ,,,”‘?v (10% word count)
Presentation of your assignment
Your assignment must be word processed and presented in a report format with simple sub-headings. The word count should be
2500 words±10% (tables, diagrams and appendices are excluded from the count).
The Assignment report should have a Front Sheet showing your name, your student number, the module name, the module number,
the assignment title, the module tutor’s name, the date and the word count.
All assignments will be submitted, graded and fed-back electronically via TURNITIN. Several submissions will be permitted
before the Hand-in date in order to enable you to refine the content in your report.
If you click on the “Submit Your Work” button on the Module NILE site you will find an explanation of the Submission and
Grading Electronically process there.
The quality of your presentation and academic referencing is very important. Please, use the Harvard Referencing System.
Within your assignment your tutor will be looking for content that addresses the key elements of the assignment brief
Look at the Check list at the end of this brief it shows the subheadings to use and offers a guide as to how the marks will
be distributed.
Use the percentages as a guide to how to distribute your word count.
Feedback on assignments in general will be provided to the whole group when marked assignments are returned.
Feedback on assignments for each individual will be provided electronically via TURNITIN.
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