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MGT4100 Supply Chain Management

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MGT4100 Supply Chain Management

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Course Code: MGT4100
University: University Of Glasgow

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

Question:

In the theoretical overview of ALIBABA COMPANY, you would need to address the following:
 
(1) What is the function all about? That is, you need to provide some form of definition and elaboration to explain what the function is.(2) What values does it add to the supply chain? That is, why is the function critical in a supply chain?(3) How is it implemented or what activities are involved? That is, you need to explain in some detail how the function is carried out.(4) What is the latest development or technology in this regard? That is, you need to tell the audience or reader what the state of art of this function is.(5) How can a company leverage this function to gain a competitive advantage? That is, you need to argue for the function and discuss how it can benefit a company.

Answer:

What is Supply Chain Management all about?
The company’s Supply chain management involves activities that ensure achievement of a competitive advantage that is sustainable as well as maximize the customers’ value. The supply chain institution runs the supply chains and develops the most efficient and effective ways possible for the growth of the Alibaba company. The activities of Supply chain at Alibaba account for everything from development of products, sourcing, manufacture and logistics. The information technology systems are also essential in coordinating the supply chain activities (Closs, Speier and Meacham 2011). 
How Alibaba uses Supply chain collaboration to support the growth of e-commerce
The e-commerce mode of Alibaba has greatly advanced due to the specific strategies taken up by the Alibaba company. The e-commerce attracts great attention from individuals, governments and businesses and therefore has brought development to Alibaba company (Kim 2018). The company therefore has ventured in applying the supply chain collaboration in the strategies to ensure e-commerce growth.  Alibaba’s partnership with agencies and banks to introduce rating services and B2B financing is a step towards ensuring e-commerce development. Alibaba has also collaborated with UBM in piloting a novel online podium that connects buyers and sellers at 5 Asian based pacts in Shanghai, Hong Kong and Lumpur, the step has brought great advancement in the e-commerce sector (Rui 2018). Another Alibaba’s step towards e-commerce growth using supply chain collaboration is the company’s alliance with the product manufacturers to discover online counterfeits.
Activities that are involved at Alibaba’s supply chain management
Supply chain being the main aspect that determines the company’s competitiveness by maximizing the quality of customers, the supply chain at Alibaba has put into place various strategies to advance the company’s competitiveness. The supply chain activities are; customer behavior understanding, keeping the financial flow, delivery of outstanding services, establishment of logistic partnerships as well as expansion of the network for instance the development of the Cainiao logistics provider. Setting priority and goals, creating inspiring visions and Placing the employers at rotation are the other activities of the Supply chain management (Pagell and Wu 2009).
What are the latest advancements at the Alibaba’s Supply chain management?
The company is collaborating with a group of organizations to present a system of food-tracking into the supply chain based on the block chain technology (Closs, Speier and Meacham 2011). The Food Trust Framework association, that involves four companies from Australia and New Zealand will apply the cross-order business place of Alibaba (Tmall) in controlling the process of supply-chain. Alibaba’s Tmall applies controls and standards in managing the supply-chain procedure. The technologies validate, verify, register and offer a report on the allocation of ownership and delivery of goods (Jung, Ugboma and Liow 2015). 
How can a company leverage the Alibaba company and gain a competitive advantage?
Alibaba is a company that has grown rapidly and it is still growing due to its governance strategies that have been effectively set and followed. It is difficult to compete Alibaba which is growing steadily even after attaining the highest success worldwide, as most online companies such as Amazon find it difficult to continue advancing after acquiring a great amount of success (Rui 2018). However, the companies can become competitive with Alibaba by ensuring simplicity of the platforms created (Parboteeah and Cullen 2009). The competitive companies should provide platforms that are simple enough to ensure that the customer’s experience is made effortless. These companies should learn the working of Alibaba’s supply chain and work towards ensuring learning the behavior of the customers; a factor that will enable them be competitive.
References
Closs, D.J., Speier, C. and Meacham, N., 2011. Sustainability to support end-to-end value chains: the role of supply chain management. Journal of the Academy of Marketing Science, 39(1), pp.101-116.
Jung, J.C., Ugboma, M.A. and Liow, A.K., 2015. Does Alibaba’s Magic Work Outside China? Thunderbird International Business Review, 57(6), pp.505-518.
Kim, Y.C., 2018. Alibaba: Jack Ma’s Unique Growth Strategy and the Future of Its Global Development in the Chinese Digital Business Industry. In The Digitization of Business in China (pp. 219-247). Palgrave Macmillan, Cham.
Pagell, M. and Wu, Z., 2009. Building a more complete theory of sustainable supply chain management using case studies of 10 exemplars. Journal of supply chain management, 45(2), pp.37-56.
Parboteeah, K.P. and Cullen, J.B., 2009. International business: strategy and the multinational company. Routledge.
Rui, W., 2018. Internationalization Strategy of Chinese E-Commerce Firms. The Case of Alibaba Group.

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