Somerset Furniture Company's Supply Chain and Case

Read Case Problem 10.1 and Case Problem 11.1, “Somerset Furniture Company’s Supply Chain and Case” in the Operations Supply Chain Management textbook.

Write a 700 – 1000 word paper addressing the following:

Provide a detailed overview of Somerset’s problems.
Determine the product lead time by developing a time line from the initiation of a purchase order to product delivery.
Discuss the company’s possible transportation modes and channels in China and to and within the USA.
Identify potential problems and solutions for problems in the channels.
Identify and discuss how international trade specialists, trade logistics companies, and or internet exchanges could help Somerset reduce its product lead time and variability.

Format your paper according to APA guidelines.

Cite your references to support your paper.

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Somerset Furniture Company's Supply Chain and Case
Somerset Furniture Company's Supply Chain and Case
Research a company of your choosing that produces and sells products of some sort. This can be either a company you work for or a corporation where you are able to interview an employee in supply management or conduct research and gain specific supply chain information.
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Write a 1,050- to 1,400-word strategic objectives summary. Include your balanced scorecard and its impact on all stakeholders, and the communication plan. Identify key trends, assumptions, and risks in the context of your final business model. Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions, and risks. The strategic objectives are measures of attaining your vision and mission. As you develop them, consider the vision, mission, and values for your business and the outcomes of your SWOT analysis and supply chain analysis. Consider the following four quadrants of the balanced scorecard when developing your strategic objectives: Shareholder Value or Financial Perspective, which includes strategic objectives in areas such as: Market share Revenues and costs Profitability Competitive position Customer Value Perspective, which includes strategic objectives in areas such as: Customer retention or turnover Customer satisfaction Customer value Process or Internal Operations Perspective, which includes strategic objectives in areas such as: Measure of process performance Productivity or productivity improvement Operations metrics Impact of change on the organization Learning and Growth (Employee) Perspective, which includes strategic objectives in areas such as: Employee satisfaction Employee turnover or retention Level of organizational capability Nature of organizational culture or climate Technological innovation Evaluate potential alternatives to the issues and/or opportunities identified in the SWOT Analysis paper and table you completed in Week 3. Create at least three strategic objectives for each of the four balanced scorecard areas. Base your solutions on a ranking of alternative solutions that includes the following: Identify potential risks and mitigation plans Analyze a stakeholder and include mitigation and contingency strategies. Incorporate ethical implications Develop a metric and target for each strategic objective using a balanced scorecard format. Example: a strategic objective in the shareholder or financial perspective is to increase market share. A metric to actually measure this strategic objective of market share increase is, "The percentage of increase in market share." The target is the specific number to be achieved in a particular time period. The target for the metric of "Increase market share" could be "Increase market share by 2% for each of the next 3 years" of an increase of 2% per year for 3 years.) Outline a brief communication plan discussing how you will communicate the company's strategic objectives that includes the following: Define the purpose. Define the audience. Identify the channel(s) of communication and why you selected that channel. Format paper consistent with APA guidelines. Attachments Screen Shot 2016-04-05 at 9.17.03 PM.png Screen Shot 2016-04-05 at 9.17.08 PM.png
the supply chain
Choose a different company for this assignment than the ones you chose for the previous assignments in Weeks 1 and 2 (This could be the company you work for). Write a 700- to 1,050-word memo to the CEO. Include in this memo the following items supported by course concepts and real life examples: Choose two decision making tools, forecasting models or simulation models and describe how they would bring value to the organization. Discuss how constraints such as IT, limited capacity, technology and capital affect the company's supply chain. Format your memo according to APA guidelines.

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