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Pages:
9 pages/β‰ˆ2475 words
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Style:
APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 38.88
Topic:

FedEx's Operations Management

Essay Instructions:

Module Assessment Components

In the following pages, further details of each assessment component are presented along with expectations in relation to prior preparation and completion.

(i)       Continuous Assessme nt (40%) - Individual Written Report (2500 words +/-10%)

Choose any SERVICE company of your choice from any country and organise a report with a detailed discussion on the chosen company based on the following:

  • Introduction of the chosen company.
  • Discussion on operations strategy and process design.
  • Explain in detail the company's supply chain management process.
  • Identify any 2 of its seasonality of demand and one method how the company may reconcile its capacity and demand.
  • How the chosen company may eliminate any 4 wastes in its lean operations.
  • How the chosen company may improve any 2 gaps based on the gap model of quality.
  • How the chosen company may manage and 3 quality character istics of services
  • How  the  company   may  make  operations   improvements   based  on  a  chosen framework .
  • How the company may manage its operations risks and recovery.
  • Conclusion.
  • Reference list

Students  should  familiarise  themse lves  with  the  University's  policy  on  the  late submission of coursework.

Essay Sample Content Preview:

Operations Management
Student Name
Institutional Affiliation
Date
Operations Management
Introduction
FedEx is a global leader in the logistics and transportation industry, with significant operations around the globe. Founded in 1971, FedEx has been critical in the way people do commerce bringing innovative ways for other businesses. FedEx has made efforts to become a customer-centric business, creating a reputation as a trustworthy partner. With the vast network across the world, businesses and individual clients are assured that they will receive their packages conveniently. FedEx has been at the forefront of ensuring innovation through the implementation of technological solutions. The business has embraced technological solutions that have improved its efficiency. While undertaking these activities, the business remains conscious of the importance of environmental sustainability. This report explores FedEx's operations to gain insight into how the business can provide better services to its clients.
Operations Strategy and Process Design
FedEx uses a differentiation strategy to distinguish itself from its competitors in the market. The business has invested in improving its efficiency, which has attracted more customers who want to receive their packages conveniently. Another strategy is efficiency where the business has invested in ways that enhance how it operates. Customers are looking for efficient businesses. FedEx has ensured a high level of efficiency to attract and retain existing clients. In addition to the operational strategies, the business has made process designs to ensure smooth operations. It has done this by integrating technology into its operations. For instance, route optimization software allows the business to identify the most appropriate route for delivering packages. The business has also optimized its workflow processes to remove unnecessary bottlenecks. Streamlining processes has made it possible for the business to meet the needs of the clients. FedEx also makes continuous improvements to its processes to ensure that it adapts to market requirements. The improvement is important in ensuring that FedEx remains relevant to the needs of the consumers.
Supply Chain Management Process
FedEx is a world leader in supply chain mismanagement due to its sophisticated logistics network that ensures that products move quickly and efficiently across the globe. The supply chain can be broken down into four main stages. The first stage is pick up where packages are collected from clients. The collected packages are taken to a sorting facility where they will be sorted. The second stage entails scanning and sorting the packages. The scanning identifies the destination of the packages, then a sorting is later done based on the locations. The warehouses are located strategically worldwide with the state of the art warehouse facilities. The third stage is transportation where the packages move from the sorting facility to their destination. Transpiration can be done in different ways depending on the urgency of the package. The last stage is delivery, where the packages reach the final client, usually at the doorstep or any nearby FedEx facility.
FedEx optimizes the supply chain using differ...
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