Initial Post Response for SCOP Model -myassignmenthelp.com

Question: What measures would you use in a business like Amazon.com to evaluate the companys performance? Answer: Amazons business model is highly depended on the supply chain management as the competitive business strategy of the organisation is to deliver the products in the least possible time to the consumers. The Same Day Delivery or the Drone Delivery are the supply chain initiatives undertaken by Amazon. In order to evaluate the companys performance, below mentioned measures can be used: Supply Chain Council SCOP Model: Cycle time metrics can be used to calculate production cycle time and cash to cash cycle The cost metrics help to evaluate cost per shipment and cost per warehouse pick (Estampe et al., 2013). The service/quality metrics to measure defective products and on-time shipment. Logistic Scoreboard: Logistics financial performance measures that measures the expenses and the return on the assets Logistics productivity measures that would calculate the number of orders shipped per hour and the transport container utilisation The logistics cycle time measure that measures the in transit and order entry time (Karim Arif-Uz-Zaman, 2013). Activity Based Costing: It is the method of breaking down the individual cost and estimating the resources including time and cost. It is based on this cost the driving costs are rather calculated. This helps in better productivity (Delen, Kuzey Uyar, 2013). Economic value added: This method can be used to rectify the traditional mean of accounting. This is used to measure the value added contribution of the enterprise along with the value of the stakeholders. With this, better recommendations on the logistic approach can be made as well. References: Delen, D., Kuzey, C., Uyar, A. (2013). Measuring firm performance using financial ratios: A decision tree approach.Expert Systems with Applications,40(10), 3970-3983. Estampe, D., Lamouri, S., Paris, J. L., Brahim-Djelloul, S. (2013). A framework for analysing supply chain performance evaluation models.International Journal of Production Economics,142(2), 247-258. Karim, A., Arif-Uz-Zaman, K. (2013). A methodology for effective implementation of lean strategies and its performance evaluation in manufacturing organizations.Business Process Management Journal,19(1), 169-196.