Scenario: You are the chief operating officer (COO) of a local supermarket chain that has 10 stores within an 100-mile radius. The farm-to-table movement has been gaining momentum locally, and now it's a consumer demand as well as a good practice. This movement supports the use of local suppliers to limit the environmental impact caused by the long-distance transportation of food. It also supports small family farms that use sustainable practices, such as avoiding genetically modified organisms and pesticides or using organic fertilizers. The CEO of the supermarket chain has asked you to see if the supermarket can apply some of the farm-to-table principles to how it selects produce suppliers. Before moving too far in that direction, both you and the CEO agree that the inventory-management implications need to be understood.*What are a few different ways that the supermarket chain could incorporate farm-to-table principles into its operations while still meeting consumer demands? What are the benefits and risks associated with incorporating farm-to-table principles into the grocery chain's supply chain? What data and communication with the local farms is necessary for the supermarket to implement this endeavor? What factors or metrics will determine whether you, as the COO, support applying farm-to-table principles to the supermarket, and why?
Scenario: You are the chief operating officer (COO) of a local supermarket chain that has 10 stores within an 100-mile radius. The farm-to-table movement has been gaining momentum locally, and now it's a consumer demand as well as a good practice. This movement supports the use of local suppliers to limit the environmental impact caused by the long-distance transportation of food. It also supports small family farms that use sustainable practices, such as avoiding genetically modified organisms and pesticides or using organic fertilizers. The CEO of the supermarket chain has asked you to see if the supermarket can apply some of the farm-to-table principles to how it selects produce suppliers. Before moving too far in that direction, both you and the CEO agree that the inventory-management implications need to be understood.*What are a few different ways that the supermarket chain could incorporate farm-to-table principles into its operations while still meeting consumer demands? What are the benefits and risks associated with incorporating farm-to-table principles into the grocery chain's supply chain? What data and communication with the local farms is necessary for the supermarket to implement this endeavor? What factors or metrics will determine whether you, as the COO, support applying farm-to-table principles to the supermarket, and why?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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- Scenario: You are the chief operating officer (COO) of a local supermarket chain that has 10 stores within an 100-mile radius. The farm-to-table movement has been gaining momentum locally, and now it's a consumer demand as well as a good practice. This movement supports the use of local suppliers to limit the environmental impact caused by the long-distance transportation of food. It also supports small family farms that use sustainable practices, such as avoiding genetically modified organisms and pesticides or using organic fertilizers. The CEO of the supermarket chain has asked you to see if the supermarket can apply some of the farm-to-table principles to how it selects produce suppliers. Before moving too far in that direction, both you and the CEO agree that the inventory-management implications need to be understood.
*What are a few different ways that the supermarket chain could incorporate farm-to-table principles into its operations while still meeting consumer demands? - What are the benefits and risks associated with incorporating farm-to-table principles into the grocery chain's supply chain?
- What data and communication with the local farms is necessary for the supermarket to implement this endeavor?
- What factors or metrics will determine whether you, as the COO, support applying farm-to-table principles to the supermarket, and why?
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