2024 Business Management 1 Semester 2 Group Assignment
2024 Business Management 1 Semester 2 Group Assignment
INSTRUCTIONS
Reading Material:
Refer to the chapters on Operations Management and Logistics Management from your
prescribed textbook as indicated in your study guide. (Chapter 9 & 10).
Review any lecture notes or additional materials provided by your lecturer.
Case Study A Analysis:
Choose a company (e.g., a local business, a well-known multinational corporation, or a
hypothetical company provided by the instructor).
Required: Conduct research on the company's operations management practices.
Assignment Title: Introduction to Operations Management and Logistics
Management.
Assignment Objective:
To understand the basic concepts of operations and logistics management and how it
applies to real-world business scenarios.
Assignment Tasks: Refer to the below sections and complete all the questions.
‘Line of sight’ in the supply chain has taken on a new meaning in the age of
artificial intelligence (AI) and machine learning (ML). Rather than simply tracking
stock movements and using this data to attempt to influence the end consumer
to buy a product, there is now a massive investment in trying to ‘own’ the retailer
from a data perspective.
The focus has shifted to tracking everything retailers sell and who they sell to,
preferably in real time. However, while this may work at a formal retail level, in
the main market, there are challenges that often obscure ‘line of sight’ due to
missing data.
Addressing this ‘missing link’ and obtaining the right data throughout the supply
chain is the key in gaining clear ‘line of sight’ and realising the true value of data.
Extracted from:
Source: Strydom, J. 2022.Principles of Business Management. Oxford
University Press Southern Africa. South Africa: Cape town
Question 6.3
How can Artificial intelligence (AI) manage supply chain data and help mangers make better
informed decisions. (5)
Section 7: Challenges and Recommendations
Identify any three current challenges faced by the company in its operations management.
(3)
Provide any recommendations for improvement. (4)
Include a cover page with your group name, student numbers, subject code, and date.
The following information must be on the cover page:
1. Subject
2. Subject Code,
3. Your Course
4. Your Initials and Surname FOR ALL 12 GROUP MEMBERS who contributed to
the group assignment. The name of the student who did not contribute to the
group assignment must not appear on the cover sheet.
5. Student Numbers, FOR ALL 12 GROUP MEMBERS
6. Group number
7. Your Lecturer’s Initials and Surname,
8. Your E-Mail addresses
9. Cell Phone Numbers
10. Date of which the assignment must be submitted.
Grading Criteria:
Understanding of operations management concepts (30%)
Depth of analysis in the chosen company (30%)
Clarity and organization of the assignment (20%)
Quality and relevance of recommendations (10%)
Proper introduction and conclusion and references (10%)
Grading Scale:
NB: This rubric provides a clear framework for evaluating student performance on
the assignment and ensures consistency in grading. Feel free to adjust any criteria
or descriptions to better fit your specific needs. Lecturers may use their own
discretion.