Sydney Business School

School Description University of Wollongong is situated in the south coastal city of Wollongong. This is a few kilometers from Sydney. The main campus of the Sydney Business School is located in Wollongong. Apart from the campus at Wollongong, Sydney Business School has a campus at the heart of the city of Sydney.Advertising We will write a custom report sample on Sydney Business School specifically for you for only $16.05 $11/page Learn More The school offers various postgraduate courses in business related fields. It also offers specially tailored courses to individuals outside campus through its external study program. The school encourages research in various business fields (Sydney Business School, 1). Sydney Business School has many supply chain interactions. It focuses attention on universities and colleges that offer undergraduate courses. This is where they get their clients. In supply chain terms, it can be described as the downstream part of t he supply chain. The university, through its various programs, educates professionals who enter into the job market. This preparation of entry into markets must be coordinated by the various players (Sydney Business School, 5).Therefore, it forms part of a long supply chain that involves input and analysis from the various stakeholders. This includes business organizations, the university research departments and the government. Although the government is the engineer of all the syllabuses offered in Australia, the school is majorly involved in its initial phase of contribution (Haag, 45). When post graduates come out of the school and enter the job market, they must portray the relevant quality of education that the university offers. Other areas that engage supply chain is the various purchases that the university makes for sustenance. This includes books purchases, food purchases and other relevant learning materials. The schools hiring team, which involves number of players, mak es sure that the university has qualified staff. This includes lecturers and other staff. These people are the determiners of the quality dimensions of the services offered and hence the outcome (Halldorsson, 6).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Strategies Used To Fulfill Supply Needs Sydney Business School has a number of supply needs. This includes food, books and replacements of staff. If not well managed, the supply needs may bog down operations at the school (Kouvelis, 34). Therefore, the university has come up with strategies that ensure proper and uninterrupted supply of the required materials. The school meets its supply needs through proper engagements with both the upstream and downstream members of the supply chain. By ensuring that students pay school fees, the university is prepared to meet other obligations. These are met through contracts. The school enters in to contracts to meet its daily needs. This includes important supplies like food and stationery (Oliver, 6). The school has to make sure that it meets the required threshold of the teaching staff. By engaging with professionals and consultants in the field of business, the school is easily able to indentify people who can easily fit in its teaching world. This is sufficiently done by its personnel/human resource department. This is to make sure the school has graduates who have a feel of the practical world. The school also forges important liaisons with organizations the world over. This is because of their research and student placement programs. These programs that require realistic application of theory need such organizations, hence the need to have proper association. It also forms the employer base of the post graduates at the schools (Larson, 23). Efficiency and Effectiveness of the Supply Chain There are many factors that determine the success of a supply chain. Effectivene ss and efficiency of a supply chain are a measure of the satisfaction that is registered on everyone’s faces at the end of the whole process. Sydney school is a service provision organization. Most of its graduates are market leaders in employment circles. Research shows that the university is rated among the best in Australia. It also falls within 2% of the most successful universities in all fronts (Sydney Business School, 5). This includes research, student adaptability and take-ability in the job market and quality teaching. All these are a depiction of success in the supply chain from the downstream to upstream (Nagurney, 4).Advertising We will write a custom report sample on Sydney Business School specifically for you for only $16.05 $11/page Learn More Importance of Supply Chain Management Supply chain management is crucial in all organizations. In Sydney business school, that need is even bigger. It ensures that all departments that form the whole of the organization work well and are coordinated. It also plays a major role in overall reduction of costs associated with its operations. This is because it is formulates a road map that easily makes operation less costly. Proper and well managed supply chains ensure that there is value addition to the end products. This is realized in Sydney Business School because of the nature of post graduates that emerge from the school (Sydney Business School, 10). Without proper supply chain management, the school may find it hard to easily coordinate its operations. This is detrimental; in any organization as it leads to lost business. To have a competitive edge in its field of operations, the university must employ proper supply chain management. It also ensures organization focus and scope. The school’s admission and vision can only be realized if there are proper supply chain strategies to realize them. Effective supply chains are also critical in monitoring of supplier s. They form the basis from which the schools success is based. Hence, their operations must be monitored to ensure they are up to standard. This includes lecturers, especially, who are at the center of provision of education to the larger student population (Sydney Business School, 12). The university has many strategies. These strategies are coordinated and linked by proper supply chain management. One of the strategies in this case is customer satisfaction. This is one of the frontiers from which the success of Sydney Business School is visible (Simchi-Levi, 3). Features of the School Just like any other college, the school ahs a vibrant student population. This community is unified by a single purpose of education. However, it may not be written in the schools mission and vision statement, but definitely the school has a business mind attached to its operations. This is motivated by profits. In every stage of any supply chain there is notable value addition.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This is true in Sydney business school. The school has upstream and downstream features that are common in any supply chain. The down stream is characterized by colleges that offer graduate courses and middle level colleges. This is the source of ‘raw material’ for the school. The upstream is made of the organizations that will require the services of the end product: the student (Ketchen, 5). The university has various departments. This includes the marketing, finance, human resource and administrative department. All these departments work towards provision of a single service: education. Therefore, if proper results are to be realized, these departments must be in harmony at all times. Supply chain management is critical to all these features and hence they are depiction of its common practices (Hines, 43). Resourcing Availability The schools operations are centered towards continuous progression. This is in line with any organization whose goals are to remain in bus iness for a long time. This means that it has to look for a way to ensure that this need is met. The university has come up with strategies that ensure this continuity. It has forged partnerships with various institutions of higher learning that continue to meet the standards that are required for a possible entry to the school. These partnerships ensure that they will have students that enter the school at any time (Chen, 34). To service its other requirements like in student catering, the school has contracts with suppliers who constantly supply them with materials. This is made easy by the regulations that govern any contract. It also has agreement with institutions that offer student placements after university. This has worked magic. It has formed a two pronged success as employers are satisfied with the nature of employees that they get and students want to join the university so as to get placements later on (Misiura, 4). Areas of Improvement Generally, the Sydney business sc hool’s operations are working well. Its supply chain is quite successful. It adheres to simple rules that govern supply chain management. However, there is room for improvement. The school can out source some of its operations in catering for students (Lavassani, 34). This will offload a burden that does not form the core business of the organization. Hence, it will give the school more point of focus and will improve its services to the students. The school can also forge more alliances with organizations that take students after university. The school will also reduce costs and hence increase effectiveness and efficiency if they cut unnecessary costs (Boyer, 12). Process Map Works Cited Boyer, Kelly. Operations Supply Chain Management for the 21st Century. Mason, OH: South-Western Cengage Learning, 2010. Chen, Ian. Towards A Theory of Supply Chain Management: The Constructs and Measurements. Journal of Operations Management, 22.2 (2004): 119-150. Haag, Samuel. Management Information Systems for the Information Age. Canada: McGraw Hill Ryerson, 2006. Halldorsson, Anne. Complementary Theories to Supply Chain Management. Supply Chain Management: An International Journal, 12.4 (2007): 284-296. Hines, Tony. Supply Chain Strategies: Customer Driven And Customer Focused. Oxford: Elsevier, 2004. Ketchen, Junior. Bridging Organization Theory and Supply Chain Management: The Case of Best Value Supply Chains. Journal of Operations Management, 25.2 (2006): 573-580. Kouvelis, Peter et al. Supply Chain Management Research and Production and Operations Management. Review, Trends, and Opportunities. In: Production and Operations Management, 15. 3 (2006): 449–469. Larson, Peter. Logistics versus Supply Chain Management: An International Survey. International Journal of Logistics: Research Application, 7.1 (2004): 17-31. Lavassani, Kyle. Developments in Theories of Supply Chain Management: The Case of B2B Electronic Marketplace Adoption. The International Jou rnal of Knowledge, Culture and Change Management, 9.6 (2009): 85–98. Misiura, Sharp. Heritage Marketing. London: Elsevier, Burlington, 2006. Nagurney, Anna. Supply Chain Network Economics: Dynamics of Prices, Flows, and Profits. London: Edward Elgar Publishing, 2006. Oliver, Richard. Supply-Chain Management: Logistics Catches Up With Strategy. London: Outlook, Booz, Allen and Hamilton Inc., 1993. Simchi-Levi, Daniel. Designing and Managing the Supply Chain. New York: McGraw Hill, 2007. Sydney Business School. Sydney Business School. 2011. February 25, 2011. Web. https://www.uow.edu.au/student/uowx/regional-metropolitan-campuses/sydney-business-school/ This report on Sydney Business School was written and submitted by user Jordan L. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.