Supply Chain Management of Marks and Spencer Essay

deliver bowed stringed instrument Management of Marks and Spencer - Essay ExampleThe essay Supply Chain Management of Marks and Spencer examines cater chain strategies of one of the most famous retail merchants in the UK, Marks and Spencer (M&S). The makeup will also discuss supply chain structure that the company has been designed to implement its supply chain strategy.At the time of its initiation, M&S did not face much competition as the number of market players was in truth small. However, over the years the number of retail firms has increased in the UK as well as throughout the world with increasing popularity if retail culture. With the increase in the level of competition, M&S felt it necessary to devise some effective strategies to deal with increased market competition.In order to sustain in an intensely competitive market, it is very much necessary to retain brisk customer base and expand it over time. M&S has justifiedly recognized this need and whence have place d focus on delivering goods in the best realistic manner to its customers. This strategy is very helpful in improving the profitability of the firm and fostering a huge competitive usefulness in the industry. M&S have now emphasized on delivering high-quality up-to-date garments at charming prices to its customers.M&S has also realized that purchasing from overseas suppliers is the most effective track of speech costs. As one of its competitive strategies, the company emphasizes on redesigning its stores in such a means that they provide more comfort, more space, and more convenience to the customers at the time of their shopping and browsing.... M&S has rightly recognized this need and then have placed focus on delivering goods in the best possible manner to its customers. This strategy is very helpful in improving profitability of the firm and fostering a huge competitive advantage in the industry. M&S have now emphasized on delivering high-quality up-to-date garments at fa ir prices to its customers. (Neef,. 2004 Hensher, 2001) To survive under extremely competitive environment, it is necessary to improve its useable activities, suppliers, logistic, designing of stores and so on. The old stocks should be cleared from the warehouses to give way for new stocks that are up-to-dated. asunder from this, it is also necessary to provide due consideration on packaging of the products. M&S has determine all these needs for improving its competitive strength in the market and has designed competitive strategies accordingly to meet these needs. (Neef,. 2004 Hensher, 2001) M&S has also realized that purchasing from overseas suppliers is the most effective way of saving costs as well as of providing the products to the customers at lower prices. Hence, it has abandoned its policy of penny-pinching to UK suppliers only. (Neef,. 2004 Hensher, 2001) As one of its competitive strategy, the company is emphasizing on redesigning its stores in such a way that they pr ovide more comfort, more space and more convenience to the customers at the time of their shopping and browsing. (Neef,. 2004 Hensher, 2001) Supply chain strategy For a large scale of business enterprises, Marks and Spencer, one of the famous retailer in Britain, had set a very big example. For a very long time, Marks and Spencer has been a leader in the industry where there is a team of local suppliers working