MNP3702
Assignment No:
SUPPLY CHAIN ALIGNMENT
STUDENT NUMBER
1 7 1 6 9 5 4 3
IDENTITY NUMBER
9 1 0 4 1 0 0 6 2 6 0 8 5
Marks
Examiners
1 2 3
Question
Table of
contents
Introduction
S. Fani Body
……………………………………………………….
Conclusion
Student's initials and surname
Bibliography
Technical
presentation
Total
________
DECLARATION OF HONESTY
STUDENT NUMBER: 17169534
I, Sive Fani declare that this, assignment is my own work and that no one has done
it on my behalf, nor did I copy answers from someone else’s work and that all the
sources that I have used or quoted have been indicated and fully acknowledged,
using complete references.
17/03/2025
Signed Date
, 2.1
Question 1
Argue whether Woolworths should use many suppliers or not. Justify your
argument.
Woolworths should use many suppliers in order to ensure a diversified and reliable
source of product. Using multiple suppliers can provide Woolworths with several
advantages, including risk mitigation and enhanced flexibility.
Arguments For Using Many Suppliers:
Risk Diversification: Woolworths can mitigate the risk associated with relying
on single supplier, such as disruptions in the supply chain or quality issues.
Competitive Pricing: Woolworths can negotiate better prices and terms,
fostering a competitive environment that can lead to cost savings.
Increased Flexibility: Sourcing from multiple suppliers can reduce
transportation cost and lead time.
Question 2
As a supply chain specialist, explain to Woolworths the importance of demand
management and how it could implement it to curb shortages in the future.
Demand Management is crucial for Woolworths to effectively plan and forecast future
demand for product.
Importance of Demand Management:
Reduces Shortages and Overstocking: Ensuring that products are available
when needed while minimizing excess inventory.
Improved forecast accuracy: Demand management helps Woolworths to better
forecast demand, reducing overstocking and enhances the shopping
experience.
Reduce inventory cost: Woolworths would optimize its inventory levels,
reducing holding costs and waste. Improve cash flow.
Implementation at Woolworths:
Advanced Forecasting Models: Woolworths could utilize advanced forecasting
techniques, such as predictive analytics, to anticipate customer needs based
on historical data and market trends.
Collaboration with Suppliers: Woolworths must be collaborating closely with
suppliers and leveraging real-time sales data.
Real-Time Inventory Tracking: Woolworths can adjust its inventory levels
proactively, thereby curbing shortages and ensuring a more efficient supply
chain using RFID system.
Flexible Supply Chain Strategies: Adopt agile procurement policies that allow
quick adjustments to market changes.
Assignment No:
SUPPLY CHAIN ALIGNMENT
STUDENT NUMBER
1 7 1 6 9 5 4 3
IDENTITY NUMBER
9 1 0 4 1 0 0 6 2 6 0 8 5
Marks
Examiners
1 2 3
Question
Table of
contents
Introduction
S. Fani Body
……………………………………………………….
Conclusion
Student's initials and surname
Bibliography
Technical
presentation
Total
________
DECLARATION OF HONESTY
STUDENT NUMBER: 17169534
I, Sive Fani declare that this, assignment is my own work and that no one has done
it on my behalf, nor did I copy answers from someone else’s work and that all the
sources that I have used or quoted have been indicated and fully acknowledged,
using complete references.
17/03/2025
Signed Date
, 2.1
Question 1
Argue whether Woolworths should use many suppliers or not. Justify your
argument.
Woolworths should use many suppliers in order to ensure a diversified and reliable
source of product. Using multiple suppliers can provide Woolworths with several
advantages, including risk mitigation and enhanced flexibility.
Arguments For Using Many Suppliers:
Risk Diversification: Woolworths can mitigate the risk associated with relying
on single supplier, such as disruptions in the supply chain or quality issues.
Competitive Pricing: Woolworths can negotiate better prices and terms,
fostering a competitive environment that can lead to cost savings.
Increased Flexibility: Sourcing from multiple suppliers can reduce
transportation cost and lead time.
Question 2
As a supply chain specialist, explain to Woolworths the importance of demand
management and how it could implement it to curb shortages in the future.
Demand Management is crucial for Woolworths to effectively plan and forecast future
demand for product.
Importance of Demand Management:
Reduces Shortages and Overstocking: Ensuring that products are available
when needed while minimizing excess inventory.
Improved forecast accuracy: Demand management helps Woolworths to better
forecast demand, reducing overstocking and enhances the shopping
experience.
Reduce inventory cost: Woolworths would optimize its inventory levels,
reducing holding costs and waste. Improve cash flow.
Implementation at Woolworths:
Advanced Forecasting Models: Woolworths could utilize advanced forecasting
techniques, such as predictive analytics, to anticipate customer needs based
on historical data and market trends.
Collaboration with Suppliers: Woolworths must be collaborating closely with
suppliers and leveraging real-time sales data.
Real-Time Inventory Tracking: Woolworths can adjust its inventory levels
proactively, thereby curbing shortages and ensuring a more efficient supply
chain using RFID system.
Flexible Supply Chain Strategies: Adopt agile procurement policies that allow
quick adjustments to market changes.
