Grow Generation (GRWG)
Discussion post
Select any publicly traded company. Research this company’s website and relevant business documentation to evaluate the company’s performance and profit models, such as inventory turnover, return on assets, or other models that the company uses to measure its performance. Possible sources of information include the company’s annual report, income statement, or other financial documents that report the company’s revenues, expenses, and profits. These are usually published on the company’s Investor Relations page on their website
Identify two logistics-related activities the company utilizes to achieve its business goals. You may select, for example, the company’s inventory management system, warehousing operations, order management, transportation management, international logistics, or any other activities.
Your 200-250 word post must include the following:
Name the company that you chose and identify and describe the two logistics activities you selected that support the company’s supply chain and business strategies.
Explain how the company uses the total cost approach to coordinate the selected logistics activities in a cost-efficient manner.
Identify the tools and/or methods (as described in Chapter 4 of your textbook) that the company uses to measure the quality of its logistics performance. Describe one tool/method, and briefly explain what it measures and how it works.
Support your report with credible sources, citing from the company’s websites, business publications or articles, and assigned readings from this week. Reference them in your discussion post in proper APA style according to the Ashford Writing Center’s APA Essay Checklist for Students
Case Study
Name
Institution
Case Study
Johnson & Johnson is a publicly traded company in the United States, and is one of the largest. The company is in the pharmaceuticals business, and it manufactures and sells drugs. The company has a significant market share, making it a necessity to have a well-structured strategic management plan. This article focuses on the warehousing operations and inventory management systems that go hand-in-hand. The compny needs to have a well-organized system due to its wide market reach. It has subsidiaries in other nations, implying the need for inventory management to support its supply chain.
Johnson & Johnson has an integrated operations system that focuses on minimizing costs through the total cost approach. The total costs are calculated from the overall costs from its subsidiaries to establish the operational costs (Quarterly results, n.d.). The company maintains its production from various locations to minimize the costs incurred on other engagements, such...
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