Tuesday, May 5, 2020
Operational Management Associated British Food plc
Question: Discuss about the Operational Management Associated British Food plc? Answer: Introduction In the present study, the company, which is selected, is Associated British Food plc. The objective of the assignment is to concentrate on different kinds of key parameters, which will conclude about the outline of the assignment. The purpose of the study is to identify the key factors, which will find about the key sustainability challenges, which the organization in the study is facing. In order to solve this particular problem, the assignment is supported by different kinds of academic theories, which will include summaries various types of organizational strategies in order to address the different kinds of challenges in the overall managerial plans and procedures. On the other hand, it will also allow the readers of the assignment to measure and evaluate all the plans and procedures for the environment and the society (Aras and Crowther, 2012). Sustainable supply chain, waste management, and alternative business points are the additional points, which are highlighted, in the ove rall study. Contextual Information Key sustainability challenges Associated British Food is one of the most modern British food companies, which operates its business in the entire United Kingdom (Abf.co.uk, 2016). The company strongly believes towards maintaining a proper food processing industry, which will focus on the proper supply chain management. The organization operates its business in the entire United Kingdom with an overall objective to expand the business polices in different parts of the worlds. The company is facing one of the main sustainability issues is increasing the level of completion among different companies which operates its business in the same industry. It is one of the min business sustainability issues of the organization. However, the notion of sustainability is one of the most shared and prime factors which of any company organization business in any sector. Business Sustainability is one of the key factors, which are required by a different organization in order to achieve the common organizational goals and objectives (Ayers, 2012). There are certain corporate aims and objectives which majority of the group including Associated British Food plc develops in the organizational plans and procedures (Baggini, 2012). Some of the key challenges, which this particular organization faces in order to organize a proper, and a key sustainable business operations area highlighted in the following part of the study. The entire food industry in the whole United Kingdom falls under the concept of the perfectly competitive market structure (Bredeson, 2012). This particular market structure is very much open and full for the customers. If any particular group of clients is not satisfied with any particular brand or any specific product, this unit will quickly shift to the next best alternative in order to satisfy their demands and wants (Abf.co.uk, 2016). The purchasing options of the customers in this particular market are more diversified as compared with the other marketing structures. Some of the key issues and challenges, which this particular organization faces, are reflected in the following part of the study (Cabezas and Diwekar, 2012). The products need to be developed must be healthy for the customers. The second factor is the result must contain an economic value for the customers. The third challenge is the products, which are developed by the company, must be environmentally sound. The fourth factor is the development of the product proc ess must be safe for the customers, and the final point, which needs to follow, is to conclude that the goods are beneficial for the society or not. These are the key challenges, which this particular organization needs to develop in the overall business operations (Cameron, 2012). Organizational strategies There are certain approaches which majority of the group develops towards maintaining a healthy corporate strategy. The corporate policies need to be designed by keeping in mind the requirements of the business (Collins, 2012). There are different kinds of organizational challenges and regulatory barriers which majority of the enterprise faces in the daily business operations. However, in order to develop and recommend a reliable alternative solution to conclude the best possible findings are the primary objectives of the organizational strategies. However, the notion of the strategic planning will indicate towards the improvement of the overall performance of the organization (Cordon, Hald and Seifert, 2012). In order to develop a proper and a useful strategic planning, the manufacturing group in the study needs to focus towards the development of the standard the strategic planning procedures. Starting with engaging commitment, the second step that needs to follow is towards the purpose, which guides everything in the organizational plans and system (Drake, 2012). The third factors are towards analyzing the corporate policies and procedures to its managerial context, which is followed by the development of different kinds administrative plans and strategies. The final step is to execute all the plans and proceedings, which will allow the company to maintain a stable organizational procedure (Halkias and Thurman, 2012). The next step, which the organization needs to follow, is to develop a reliable and a proper situation analysis process in order develop a strong organizational plans strategies. Both the internal environment as well as the environment needs to analyze by Associated British Food Plc with a view to recommending an active and proper organizational strategies. The notion of the SWOT Analysis and the idea of PESTEL Analysis are the two marketing tools that need to be analyzed in an appropriate manner in order to recommend a reliable and a proper organizational strategy (Iannuzzi, 2012). With the help of the SWOT Analysis, the company will be able to scan both the internal environment as well as well as external of the market (Jong, 2013). On the other hand, with the application of the PESTEL Analysis the company will be able to scan the external environment of the organization. With the proper implementation of the situation, analysis tool the company in the study will be able to develop an active and appropriate organizational strategies will prove very much beneficial for the organization. Some of the common strategies which the organization needs to develop are developing a proper pricing strategies in order attract the customers. The company strongly believes towards the development process of different kinds of pricing strategies, which will include marketing pricing strategies, cost-pricing strategies, psychological pricing, competitive pricing strategies are the different kinds of pricing strategies, which the company develops in the overall organizational plans and procedures. On the other hand, the company strongly believes towards maintaining total quality management. Quality is one of the significant points, which needs to be managed in a proper manner in order to ensure a key sustainability in the overall business operation. Evaluation of regulatory approaches Evaluation of the regulatory approaches in the overall plans and procedures of the company includes certain factors, which are highlighted in the following part of the study. Developing a proper supply chain management is one of the major and one of the prime factors, which needs to be improved. Waste management and different ethical factors are the second elements, which need to follow, and the final factor that needs to maintain is selecting the best alternative business models. Sustainable supply chain management The notion of the supply chain management is one of the most crucial factors, which needs to be analyzed in a proper manner. The different kinds of roles of the supply chain management will be explained in the following part of the study (Liu, 2012). Every manufacturing company develops a good supply chain management in order to enhance the overall performance, which includes factors. This section of the study will analyze the theoretical background of different kinds of existing concepts and theories in the overall supply chain management. Based on the variety of the studies there are different kinds of factors that will conclude about the importance of the supply chain management in the overall aspects of the business (Lysons and Farrington, 2012). The company, which is selected in the study, is one of the top food manufacturing and food processing company in the United Kingdom. Ensuring sustainability of the purchased goods and products, ensuring sustainability in the overall manu facturing process, ensure the sustainability of the acquired property and developing product based supply in the overall management system. The organization firmly believes towards the development of sustainable supply chain management. It deals towards linking the group in order to meet the demand across the chain, with a view to meet the application across the chain as possible. The company firmly believes in four points with an aim of developing a secure a reliable and an efficient supply chain management. To gain efficiency from the procurement, distribution and logistics is the primary step that needs to be followed. The second phase is to develop a proper outsourcing channel in the management. The third step is to reduce the cost of transportation and the cost of inventory. Finally to meet competitive pressures from shorter development times, more new products, and demand for more customization (Martin and Schouten, 2012). Analyzing the relationship between SSCM and competitive advantage, discussing the steps towards integrating sustainability into the supply chain and highlighting the key benefits and challenges, this will conclude the importance of the supply chain management in the overall business operatio ns of the Associated British Foods Plc. If the company develops a strong supply chain management, the organizational will get benefited towards developing a proper economic goal which includes some broad parameters such as cost, the quality speed of delivery, flexibility, resources utilization, visibility and innovation are the major steps which need to be developed (McKinnon, Browne and Whiteing, 2012). One of the biggest challenges, which every organization is depending upon nature and the objectives of the commerce faces, is towards maintaining a stable and a reliable and a properly integrated supply chain management. One of the major issues is resources of every firm are limited. Sometimes it becomes very much difficult for every organization doing any business to develop all the plans and strategies based on the requirements of the organization. After applying all the procedures which are highlighted in the overall the company will be benefited to maintain a sustain position in the market. Sustainable products and managing waste In order to elaborate this particular point in the study, some of the key elements need to be emphasized in a proper and descriptive manner. Lifecycle responsibility, dematerialization, products framework, waste management system and hierarchy are the features which are included towards the describing the importance of the sustainable products and waste management in the organization. In order to develop a viable product, the most crucial part is to formulate and organize a proper product design as well as process designs (Myerson, 2012). The present organization in the study Associated British Food plc maintains the following step towards the expansion of the product design. Research, concept, design, development of goods, design documentation, prototype, engineering, and production, are the different procedures which the organization maintains in the process of the product development. All these steps need to be emphasized in an efficient manner, which will provide environmental, s ocial, and economic benefits in the society. This section of the study will highlight the notion of the waste management system in the overall operations of the organization. In order to develop a proper waste management system in the organization the company in the study strong believes in the process of maintaining an appropriate and a healthy waste hierarchy system (Norton, 2012). To develop an appropriate waste hierarchy system the standard features, which Associated British Food Plc follows, is an inverted pyramid, which indicates proper waste prevention and minimization, reuse, recycle, and compost, energy recovery, and disposal are the essential characteristics of the inverted pyramid. The role of the strategy contributes a significant portion to the overall managerial process. However, in order develop a proper waste management plan, the ultimate aim is to avoid the generation of any waste products. There is the individual classification of an appropriate waste management system (Pride, Hughes and Kapoor, 2012). Hazardo us waste and nonhazardous waste are the two classifications of a proper waste management system. The company in the study maintains an appropriate waste management period, which includes the following steps. Prevention, Minimization, Reuse, Recycling, Energy Recovery and Proper disposal system are the key features, which this particular organization maintains towards the development and application of Waste Hierarchy. The product and services need to develop keeping in mind the requirements of the market. It is important for the organization to produce all the goods, which will meet the needs of the market. In order to develop a proper and a sustainable product in the overall market, the organization needs to implement all the plans and policies by maintaining the demand of the customers. All the goods, which are developed by the organization, are very much sustainable in nature as the team supports different kinds of strategies and market research, which will conclude about the requirements of the market. However, the role of the product life cycle contributes a crucial part in order to conduct a proper sustainable product (Robinson, 2012). There are certain rules and regulations which developed by the different government of the different country constituting a good product recycling which will allow the organization to maintain a pollution free working environment. Development of the various ki nds of sustainable products will indicate the company to develop all the goods, which will be required for different types of long-term requirements and will ensure a proper position in the market. There are particular challenges and barriers which majority of the organization faces developing a decent competitive and sustainable product in the market (Sodhi and Tang, 2012). The entire food industry in the United Kingdom falls under the notion of the perfectly competitive market structure. There are different firms, which organizes the same business in the same industry. The company Associated British Food Plc needs to apply all the plans and operations, which will gain proper competitive advantages in the end. One of the key factors is the development of an adequate and sustainable product and a good waste management system in the overall proceedings of the business (Song, 2012). Conclusion The concluding part of the study will analyze all the important factors, which will conclude about the operational management of the selected organization Associated British Food plc. The assignment will focus on the key elements, which will find the outline and the structure of the business. Challenges and barriers are the integrated part of every business. Both the challenges and obstacles cannot be avoided in the business operation. The identification of the key factors, which concludes the different kinds of challenges in order towards maintaining sustainability in the overall managerial operations, is reflected in the study. The selected organization firmly believes towards supporting different types of strategies, which will summarize organizational strategies in order to address the challenges. The final section of the study will evaluate two points, which includes the notion of the supply chain management and sustainable products and waste management. Associated British Food is one of the most shared and popular company in the entire United Kingdom. The objective of the group is to develop all the strategies in a proper manner, which will highlight goals of the organization. There are different kinds of organizational goals and organizational activities which majority of the team develops in the operations of the business. The aims and objectives of the organizations are drawn up keeping in mind the requirements of the company. The notion of the supply chain management is one of the most parts, which will conclude about the efficiency of the work. Business sustainability is crucial for every firm doing any kinds of business. The concept of sustainability is one of the most essential parts, which should be a touchstone for different kinds of innovations. In future, different companies develop individual aims in order to conclude the importance of the business sustainability a goal that will achieve the various kinds of competitive advantages. The idea of applying different types of business sustainability should be fully embedded in strategies and operations. The second point, which is highlighted, is based upon boards and embedded in the overall concept of the supply chain management in the operational process of the Associated British Food Plc. Reference List Abf.co.uk. (2016).Associated British Foods plc. [online] Available at: https://www.abf.co.uk/ [Accessed 24 Apr. 2016]. Aras, G. and Crowther, D. (2012).Business strategy and sustainability. Bingley, U.K.: Emerald. Ayers, J. (2012).Encyclopedia of supply chain management. Boca Raton, FL: CRC Press. Baggini, J. (2012).Ethics. London: Quercus. Bredeson, D. (2012).Applied business ethics. Mason, Ohio: South-Western/Cengage Learning. Cabezas, H. and Diwekar, U. (2012).Sustainability. Sharjah: Bentham Science Publishers. Cameron, K. (2012).Positive Leadership. San Francisco: Berrett-Koehler Publishers. Christou, P. (2013).Sustainable food production. New York, NY: Springer. Collins, D. (2012).Business ethics. Hoboken, N.J.: John Wiley Sons. Cordon, C., Hald, K. and Seifert, R. (2012).Strategic supply chain management. Abingdon, Oxon: Routledge. Drake, M. (2012).Global supply chain management. [New York, N.Y.] (222 East 46th Street, New York, NY 10017): Business Expert Press. Halkias, D. and Thurman, P. (2012).Entrepreneurship and sustainability. Farnham: Ashgate Publishing Ltd. Homann, K., Koslowski, P. and LuÃÅ'Ãâ tge, C. (2007).Globalisation and business ethics. Aldershot, England: Ashgate. Iannuzzi, A. (2012).Greener products. Boca Raton: CRC Press. Jong, P. (2013).Sustainable dairy production. New York: Wiley-Blackwell. Lalwani, C., Butcher, T. and Javadpour, R. (2012).Global logistics and supply chain management. [United Kingdom]: John Wiley , Sons Ltd. Liu, J. (2012).Supply chain management and transport logistics. Milton Park, Abingdon, Oxon: Routledge. Lysons, K. and Farrington, B. (2012).Purchasing and supply chain management. Harlow, Essex: Pearson Financial Times. Martin, D. and Schouten, J. (2012).Sustainable marketing. Upper Saddle River, N.J.: Pearson Prentice Hall. McKinnon, A., Browne, M. and Whiteing, A. (2012).Green logistics. London: Kogan Page. Myerson, P. (2012).Lean supply chain and logistics management. New York: McGraw-Hill. Norton, M. (2012).Sustainability. London: Routledge. Pride, W., Hughes, R. and Kapoor, J. (2012).Business. Mason, OH: South-Western Cengage Learning. Rachan, W. (2012).The effects of collaborative supply chain solutions on strategic performance management. [Amsterdam?]: Leiden University Press. Robinson, Z. (2012).Sustainability. Singapore: Marshall Cavendish Editions. Sodhi, M. and Tang, C. (2012).Managing supply chain risk. New York: Springer. Song, H. (2012).Tourism supply chain management. Abingdon, Oxon: Routledge.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.