Supply chain management - Co op Essay Example | Topics and Well Written Essays - 1250 words

Supply chain management - Co op - Essay Example Recently, a food miles calculator has been developed in order to measure the distance traveled by the food products between production and consumption points (Food miles calculator). While discussing the food miles concept on the ground of a co-op supply chain management, it is necessary to understand the basic goal of such organisations. A co-op organisation aims to offer maximum benefits to its customers by emphasising on its pre-designed environmental and ethical notions. Hence, it is essential to examine whether the application of food miles would beneficial for the co-op organisations or not. This paper will critically analyse the pros and corns of incorporating the idea of food miles into the corporate strategy. It will also explore the most appropriate stance the co-op can adopt in order to improve its business operation. Benefits of adopting food miles Through the application of food miles in its corporate strategy, the co-op supermarket can offer improved levels of services to its customer as well as to different segments of the society. Globalisation has eliminated international trade barriers in order to maximise cross-border trade for international expansion. Hence, the world has been facilitated with effective circulation of ideas, languages, and cultural ideologies. Naturally, this trade liberalisation process has also intensified import and export of goods which are the central aspects of food miles. Globalisation has largely increased the scope of agricultural sector. It is obvious that large scale agricultural productions cannot be fully distributed in the domestic market; hence, it is crucial to export the food products to foreign markets where they have higher demands. This process would greatly assist the farmers to get improved prices for their products from outside markets. When farmers get better prices for their food products, more and more people would be attracted towards agriculture field and it would in turn mitigate the issues assoc iated with global food crisis. Similarly, higher rate of agricultural production would aid the economies to minimize unemployment rate which is a central factor in determining their economic growth rate. The increased export trade would also generate revenue for the governments. As discussed earlier, the main objective of a co-operative supermarket is to provide improved services to its customers. Since it is impossible to produce every type of vegetable, fruit, or other food product in a region, every co-op supermarket is forced to depend on import trade in order to offer every type of food product to its customers. In the words of Lovejoy (2001), the supply chain principles suggest to extend the firm’s services beyond the immediate supplier and customer. The concept of food miles assists the co-op supermarket to deliver varieties of fruits and vegetables to its consumers by getting access to a large group of potential suppliers. If the co-op supermarket stops the practice o f food miles, then consumers may search for other stores that would meet their requirements. Demerits of adopting food miles The environmental concern of food miles reflects the idea that when a food product travels larger distance from the production point to consumption, it involves greater consumption of energy and thereby increased emission of greenhouse gases. The greenhouse gases like carbon dioxide absorb and emit infrared radiations which cause dreadful environmental issues such as green

Enterprise Essay Example | Topics and Well Written Essays - 750 words

Enterprise - Essay Example An entrepreneur person is a person who is ready to take risks but the level of risks is not at extremes; the risks are neither to easy nor to risky, the person just knows what is right for him and for the company and he knows how to make profit for the company. The person is very sharp minded and can take initiatives for different projects and deals. He is strong, energetic and positive minded, he always looks towards the bright side of any idea and always tries to find benefits in any proposal and the ways in which a business proposal benefit the company (Audretsch, 2007). Companies are always looking for employees who have entrepreneur qualities. The greatest quality of an entrepreneurial person is that he has the ability to take instant decisions; these decisions are quick but not hasty. It is very necessary that the company and industries have people who can take quick and sensible decisions about business plans and ideas. Professionalism is something that is very necessary to ha ve if you want to be a good entrepreneur and it is the distinctive quality of the entrepreneur person to have professionalism in his own performance and manners. For the previous company in which I was working my entrepreneurial qualities benefited the company in many different ways. The deals and proposals that I accepted for the company proved beneficial for the company. The company’s market value and shares increased a lot in a small time period only and it became one of the largest companies in a very short period of time. At first when I wanted to accept a proposal that seemed risky and not fruitful the company would refuse to accept it but soon they realized that my quality and ability of making appropriate decisions were extra-ordinary and so they let me make decisions and they all proved beneficial for the company (Mcgrath & Macmillan, 2000). The companies always remain all eyes and all ears for an entrepreneurial person. They fear to lose a chance of not hiring an en trepreneur person. Companies always want that their shares and market value increase and this is only possible by hiring an entrepreneur person who can make instant decisions and accept profitable business deals and offers. He is the only person who knows how to deal with people belonging to various professions and tactfully handle them and manipulate them in their own talk. QUESTION 2 The greatest obstacle that almost everyone has to face to become something extraordinary is his own self. Like any other great personality I also had to face a lot of difficulties in my way to success, the road to success was not at all easy and I had to face many obstacles and like everyone else the biggest difficulty was my own self. A person should be well aware of what his strengths and weaknesses are so that he can judge himself accordingly and then take any further step. A person should know his weaknesses so that he can convert his weaknesses into his strength and utilize them for his benefit ( Rice, 1917). My weakness that created troubles for me was my over spoken nature. It usually happened that I used to tell some details which I were not supposed to tell as a result I had to face losses but soon I realized my mistake and gradually overcame this habit of mine (Guffey & Loewy, 2010). Another weakness of mine which became a source of trouble for me was that I was not punctual. I usually used to arrive late for meetings or any business deals and it would leave a very bad impression on the other party and they would not prefer to make any business deal with me because they were not sure that whether I would be able to meet the task and complete it on time (Dudycha, 1936). But soon I overcame my weakness and now I am even more punctual than the clock. A weakness that cost me a