II. STATEMENT OF THE PROBLEM How should the management establish an efficient solution in producing exact number of tags that will be needed to meet and achieve the customer’s satisfaction and to avoid the shortage and excessive production of the plant tags?
III. OBJECTIVES
* To come up with a better solution for a achieving a match between supply of the producers and the demand of the consumers * To maintain and improve the effectiveness and efficiency of the company * To improve the effectiveness and efficiency of the supply chain management system of MasterTag * To implement a new style in producing tags that would enhance positive outcome to the company * To formulate action based on the chosen solution for the problem
IV. AREAS OF CONSIDERATION
* The demand of the consumers (seed companies) didn’t match the supply of the company because its supply chain is not effective * The company expects possible crop failures of the seed companies * The management of MasterTag planned to introduce new items of seed companies
V. ALTERNATIVE COURSES OF ACTION
* Set a new supply chain management system by making a fairly large batch which would be produced and shipped directly to the growers instead of the seed companies. And later, when the grower results became available, a second batch would be produced using information from growers on how many additional tags are needed. The second batch would then be made and shipped to the growers.
Pros: There will be an assurance of exact numbers of plant tags. They will not end