You are supposed to do the "Identify the Problem or Opportunity for Improvement" part listed in the attached file. Please view the file carefully and do the above part which is explained in the file...

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You are supposed to do the "Identify the Problem or Opportunity for Improvement" part listed in the attached file. Please view the file carefully and do the above part which is explained in the file in detail. THE COMPANY CHOSEN IS MAINFRIEGHT.


Assessment 3 (Group Assignment) Assessment 3 (Group Assignment) The purpose of this assignment is to develop students’ capability in applying quantitative skills and knowledge to solve a real world supply chain problem and promote deep learning which occurs through interaction. Process of completing this assignment is explained as below: a. Group Formation • Form your own group with at least 4 but no more than 5 students. • Once the group has been formed, all group members are required to sign up to the same self-sign up group in the Canvas. – All members of a group are required to get to the ‘Group’ tab in the ‘People’ section of the Canvas course site. You will see a number of pre-populated groups (e.g. Group 1 - Group 20). – Students of the same group should select a group number which has not been occupied by other groups. To put it simply, you need to select an empty group. – All members of the group should sign up to the same group number. Notes: • You must identify/select your group members in your own stream first (after attending the first lecture). Once you formed a group with 4 to 5 students, then each member should sign up to the same group on the Canvas. To make it short, form your group first, and then sign up on the Canvas. • Group assignments which would be completed individually will not be accepted. • It is student’s responsibility to find group members. If you have difficulty in finding group members, you need to contact your tutor before week 4. • If there is a dispute in a group, group members are required to inform the tutor immediately. If the issue is raised at least four weeks prior to the assignment due date, the tutor will intervene to resolve the issue in an amicable way and requests all members to complete the meeting minutes after each group meeting, record the contribution of each member, and send a copy of the meeting minute to the relevant tutor. If this method will not be effective, peer review process will be in place. b. Selecting a Company Select a local company or an international company which operates locally in the country where you are currently studying. Contact info of the selected company should be provided in the Introduction section of the report. c. Identify a Problem or an Opportunity for Improvement Students are advised to review the processes and functions of the selected company’s supply chain to identify a problem (or an opportunity for improvement) which can be addressed by at least one of the quantitative methods covered in this course. Having an initial discussion with the company will help you choose the appropriate technique(s). If you are unsure regarding the selected company or topic, it is recommended to have a chat with your tutor. Your tutor will advise you whether the selected topic and/or company would be suitable for this assessment task. d. Selecting a Quantitative Method Students are required to choose any or a combination of the discussed quantitative methods in this course. Here are some suggested topics: 1 • Linear/Integer Programming and Sensitivity Analysis • Waiting line models • Simulation • Risk Analysis • Decision Theory and Multi-criteria Decision Making • Game Theory e. Data Collection > Problem Formulation > Analysis > Results and Discussion > Recommen- dation The ultimate goal of this assignment is to provide the most insightful and informative recommendation for solving a supply chain-related problem or offering an opportunity for improvement. Therefore, students are required to analyse the identified data, discuss the findings, and provide recommendations accordingly. Using multiple sources of data is highly recommended, e.g conducting interview with company’s key staff and also using the company’s historical records. f. Writing Report Suggested structure of the report: 1. Executive Summary 2. Table of Content 3. List of Figures/Tables 4. Introduction 5. Identify a Problem or an Opportunity for Improvement 6. Choosing the Quantitative Method 7. Data Collection/Selection 8. Problem Formulation 9. Analysis 10. Results and Discussion 11. Recommendation 12. References 13. Appendix Notes: • In the ‘Introduction’ section, students are required to provide background information regarding the company including size, business type, areas of operations, competitors, supply chain structure, key staff contact information, etc. • Students are required to clearly explain why the nominated quantitate method is selected and what are the advantages and disadvantages of using the selected method compared to other techniques. • To solve your model, if some required data is missing, you can use the competitors’ information, if available. If no data is available for a specific part of your model, you can solve your model using assumed data. However, all assumptions should be clearly explained. g. Assessment Criteria You can find below a list of requirements and assessment criteria for the group assignment. Section Requirements Weight 1 Introduction Detailed background information regarding the company and its supply chain structure. 5% 2 Section Requirements Weight 2 Identify the Problem or Opportunity for Improvement Explain the problem or the opportunity for improvement that you identified in the company. Explain the assumptions. Provide detailed information regarding the chosen topic. Why is this topic chosen? Clarify current status of the topic in the selected company. Note: Students are recommended to avoid selecting a very simple or very complex problem to solve. Selecting very simple problem which does not add significant value to the company does not attract a high mark. Selecting a very complex problem may require too many assumptions which impacts the validity of the model. If you are unsure, please contact your tutor. 20% 3 Choosing the Quantitative Method Explain advantages and disadvantages of the selected quantitative method. Justify why the selected method is the best technique to addressing the company’s problem or making an improvement. 5% 4 Data Collection/Selection A comprehensive data collection/selection to provide all required inputs for the selected quantitative model/method. Students are required to collect real data for the chosen topic. 5% 5 Problem Formulation Step by step developing a model or formulate the quantitative method to fully address the identified problem or the process which is expected to be improved. If any assumption is made to develop the model, it should be clearly stipulated. 10% 6 Analysis Perform the analysis and provide Excel outputs with explanations. Clear explanation about all steps, calculations should be provided. 10% 7 Results and Discussion The outcome of analysis should be well explained and discussed. The situation of the company’s selected process/function should be compared before and after resolving the issue. The effectiveness of the selected quantitative method and findings needs to be discussed. If the solution/decision is impacted by the model assumptions, sensitivity analysis or re-testing the model by using different values of the assumed factor is required. 15% 8 Recommendations Providing a realistic recommendation to the company. If some assumptions could impact the validity of the recommendation, they should be clearly stipulated. 10% 9 Overall Presentation Providing high quality report with correct referencing, well developed executive summary, table of content, list of figures/ tables, page numbering, cover sheet, appendix (if any). Effective academic and professional writing requires good grammar, spelling, and punctuation. All sections should be clearly presented in the report. 20% 3 h. Submission of written assignment • One of group members should submit the group assignment report. • Students are required to submit both Word and Excel files. • Submission of a zipped file attracts no mark. • Failing to submit the Word or Excel documents will result in no mark (zero). • The naming convention for both Word and Excel files is: ‘Group XX’, where XX is your group number. • Students must avoid using their nickname in the submission process. Student’s name should match with The University records. Notes: • All written assignments must be submitted electronically using the assignment submission tool which is available under the ‘Assignment’ section of the Canvas. • Providing assignment reports via email or submitting the hard copy of report is not accepted. • As assessment 3 is a summative assignment, if you require feedback on this assignment, please contact your tutor after two weeks from the assignment due date. • For information about academic integrity at RMIT visit http://www1.rmit.edu.au/students/academic- integrity i. Peer Review Assessment All group members are required to work equally towards the completion of this assessment task. In case you think the level of contribution among your group is not equal and fair, you need to contact your tutor immediately (at least 4 weeks before the assignment due date). From this point forward, a meeting minute, as a supporting evidence, should be prepared at the end of each group meeting. The minute should be circulated among members and the tutor should be CC’ed on that communication. The tutor will try to identify the root causes of potential issue and eliminate them. If the issue still persists, the tutor will request all group members to complete the Peer Review Assessment form individually. In this case, each group member will receive an individual mark based on the average contribution level which is awarded by the student’s peers. All information and communications will remain confidential. Please note that if you have no complaint you do not need to complete this form. 4 http://www1.rmit.edu.au/students/academic-integrity http://www1.rmit.edu.au/students/academic-integrity a. Group Formation b. Selecting a Company c. Identify a Problem or an Opportunity for Improvement d. Selecting a Quantitative Method e. Data Collection > Problem Formulation > Analysis > Results and Discussion > Recommendation f. Writing Report g. Assessment Criteria h. Submission of written assignment i. Peer Review Assessment
Answered 6 days AfterMay 31, 2022

Answer To: You are supposed to do the "Identify the Problem or Opportunity for Improvement" part listed in the...

Jose answered on Jun 04 2022
89 Votes
Management
Starbucks
Student Name
Instructor Name
Date
Abstract
Companies are facing different problems, while analysing different inter
national companies we can understand that the supply chain shortage can be called as the major issue faced by the companies. In this research paper we are analysing the supply chain issues faced by the American based company Starbucks. For managing the supply chain management issues, the company required effective skills and abilities. They have to adopt different quantitative techniques and strategies; in this paper we are identifying the solution for managing the supply chain issues faced Starbucks.
Starbucks started its operation in the year of 1971, and the company have operations in different parts of the world. The headquarters of the company is situated in Seattle in US and the products offered by the company includes;
1. Tea
2. Coffee
3. Baked goods
4. Sandwiches
Kevin Johnson is CEO of the company and more than 384,000 employees are working in the company. The company is giving more importance to providing best quality products to the customers. During the time of COVID the company faced serious issues related with its supply chain activities. We know the fact that companies required apt materials for delivering best products to the customers. While analysing the case of Starbucks we can understand that the company was failed to meet the needs of the customers. Now we can analyze the...
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