CIPS L6M3.pdf
Explain the importance of training in the business environment.
Describe seven wastes that can be found in the supply chain and explain how a company can eliminate wastes.
What is meant by effective supply chain management? What benefits can this bring to an organisation?
What is Enterprise Profit Optimisation? What are the advantages and disadvantages of using this?
What is meant by strategic alignment? How can a company ensure strategic alignment and what are the advantages of this? Describe 3 reasons why a company may find it difficult to become strategically aligned.
Discuss and evaluate supplier segmentation as an approach to supply chain management. Explain one method of supplier segmentation.
XYZ Ltd is a large sporting retailer selling items such as clothing, bikes and sports equipment. They have stores in the UK and France. Helen is the CEO and is looking at the product and service mix on offer at the company in order to plan for the future. What is this and how should Helen approach an analysis of the product and service mix offered by the company? How will this affect the way she decides the company’s corporate strategy?
Kelly is the new CEO of XYZ Law Firm. Before Kelly arrived, the company used financial measures to gauge their success. Kelly wishes to introduce the Balanced Scorecard Framework. Describe the key principles of the framework and the considerations Kelly will need to make to ensure this will benefit XYZ Law Firm.
XYZ Ltd is a large hotel chain with 32 hotels located around the United Kingdom. It has traditionally allowed different hotel managers to run their own procurement and supply chain operations. The new CEO is considering adopting a Shared Services model. Describe what is meant by this and 3 models of Shared Services that could be adopted. Evaluate which strategy would be best for the CEO to implement.
Describe and evaluate the Kirkpatrick Taxonomy of Training Evaluation.
