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Answers
chainLate fees. Angry customer tweets. Negative reviews.
We won’t mince words — shipping the correct inventory in full and on time is complicated.
And between suppliers, distributors, manufacturers, retailers, and customers, there are million spots in your supply chain where something could break down and go wrong. In fact, according to a GS1 US Survey, retail inventory is only accurate about 63% of the time on average.
As someone who runs a business with shipping making up a core part of your business, you likely already understand the complexities, pitfalls, headaches, and great rewards that come with it.
But when things work, they really work. According to a Deloitte survey, 79% percent of companies with high-performing supply chains achieve revenue growth greater than the average within their industries.
It all starts — and ends — with supply chain communication
Answer:
The challenges facing supply chain managers in the hospitality industry are significant. One of the major paradoxes
they face is that there is a pressing need for strategic supply chain leaders who understand the importance of the supply
chain as a strategic asset and who can demonstrate this capability to both top management and to the marketplace. Hence
an attempt is made to study the impact of supply chain management on service quality in hospitality industry. The data
was collected from 20 supply chain managers across the McDonald’s restaurants in Bangalore. Upon testing the
hypothesis stated in the current study, it clearly indicates that there is significant relationship between the supply chain .
Supply chain management focuses on the management of supply chain activities to help to take advantage of
customer value and attain a sustainable competitive advantage. It represents effort by supply chain firms to develop and
run supply chains in the most effective and efficient ways possible. Supply chain activities focus on product
development, sourcing, production, and logistics, as well as the information systems needed to coordinate these activities.
McDonald’s roots go back to the early 1940s when two brothers opened a burger restaurant that relied on
practices and the service quality of the restaurant. The implications of our results for practising managers are also offered. Our results suggest that supply chain managers should consider the practices identified in this study while deciding on the appropriate level of supply chain integration in the five service quality dimensions in their strategic planning efforts standardized preparation to maintain quality the Speedy Service System.
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