Accounting and Finance for Supply Chains

Module: Accounting and Finance for Supply Chains 2023 – 2024 (M-L/AFSC)

Assessment Format: 100% Individual Course Work

Submission date

15/01/2024

Mark Release Date (20 working days)

12/02/2024

Number of words:

1,500 words - This is a strict limit not a guideline

All text should be included by the word count software, and any attempt to 'hide' text (e.g., providing tables copied and pasted as pictures) will be considered a mis-statement of word count. Any piece submitted with more words than the limit will result in the excess not being marked.

Included in the word count:

Coversheet

No

Reference/Bibliography list**

No

Appendices*

No

List of contents

No

Abstract/Executive Summary (if required)

Yes

Embedded references/citations

Yes

Tables

Yes

Figures/Charts

No

Formulae

No

Footnotes*

Yes

Images (photographs which include words, images)

No

Legends for tables, diagrams, charts, figures etc)

No

Format:

Typeface/font size

Arial 11pt

Spacing

1.5 lines

Margins

2.54 cm (Normal setting)

*Supplementary text:

Please note that information in appendices should be supplementary, but not integral to the submission. Other supplementary text like footnotes must be avoided. Markers may not read supplementary text - especially if it is lengthy - so the main body of work should stand on its own.

**Referencing system:

Please use the Author-Date referencing style https://library.cranfield.ac.uk/ld.php?content_id=33740137

Internet material should be referenced by URL; links to material not included in the text will be ignored.

Assessment Context

The Fresh Connection (TFC) is a web-based learning environment where you will act in a team of four participants. Each participant has a specific role (VP of Purchasing, Operations, Sales, or Supply Chain) and takes strategic and tactical decisions in that functional area. The goal is to have as high Return on Investment (ROI) as possible. There are 7 decision making rounds during the course. You are supposed to work in your group mainly outside class but keep the deadlines for decisions. You can enter your decisions in a web-based interface which is available on your own computers. We will have de-brief sessions to introduce the new elements for each round, and discuss the results of the previous ones.

You are expected to make functional decisions aligned with your strategy. Start early to reflect on what you are doing individually and in your group, as you will have to reflect on what has happened during the game in your assessment.

Assessment Brief

The assessment is based on the participation in The Fresh Connection simulation game. Having completed the simulation game, each student needs to submit an individual report where to reflect on the experience during the TFC. Students have to reflect on both the individual contribution in one of the four roles (VP of Purchasing, Operations, Sales, or Supply Chain) and the contribution as part of the Team. Students are expected to articulate their reasoning behind the supply chain strategies adopted throughout the simulation and provide a detailed account of decision-making processes and criteria to improve the company’s financial performance.

The assessment is divided in two parts:

PART A

This part presents a critical reflection of the student’s experience in the simulation game by managing one of the four roles (Purchasing, Operations, Sales, and Supply Chain Management) in a fresh juice supply chain. Students need to address the following questions:

- Q1: What main decisions were taken in your role, and what decision-making criteria did you consider?

- Q2: How did your decisions affect the financial performance, and how did it evolve/improve over different rounds?

- Q3: Which were your 4 most important performance indicators, and why?

PART B

This part presents a critical reflection of the student’s experience as member of a team, and explains roles, responsibilities, and the dynamics of teamworking. Students need to address the following questions:

- Q4: How were your main decisions related to those of the other company’s VPs and to the overall company’s strategy?

- Q5: What trade-offs did you identify, and how did you solve them to improve the company’s financial performance?

For both parts, underpinnings of choices should be based on relevant supply chain literature models and theories that are explicitly referred to by proper use of citations and references. At the end of the report, a list of references should contain at least 5 different supply chain related academic references (but no more than 10).

Criteria

Rating

Game performance:

· The team’s overall ROI

The ROI performance will play a minor role, as it should be a safe learning environment. However, it will make up 10 points of total grade. We will select each team’s three best rounds of round 3-7 and calculate the average ROI.

10%

PART A

Explanation of decision-making processes and criteria

· Appropriate use of available data

· Quality of analysis in terms of depth and breadth of analysis

20%

Explanation of decisions’ impact on the financial performance of the company

20%

Provide a table to illustrate and explain the four most relevant key performance indicators, according to the following dimensions:

What indicators were chosen?

Why are they relevant and important?

How were they used to support decision-making?

10%

PART B

Explanation of the pursued company’s supply chain strategy and its development during the game

15%

Explanation of the relevant trade-offs and how they were solved to improve the company’s financial performance

20%

Quality and style

· Adhering to the business game deadlines

· Presentation and structure

· Grammar and spelling

· Effective and well-presented figures and tables

· Appropriate and accurate referencing

5%

• Demonstrate a clear understanding of the concepts and provide valid arguments, supported by evidence from the game context (i.e., fresh juice supply chain) and the materials (concepts/tools/frameworks) covered in this module and from the wider supply chain literature.

• Provide screenshots from the game to illustrate your decisions and support your statements. Remember that Figures do not increase word count, but you need to adequately introduce and explain their contribution in the main text.

• Word count: 1,500 words excluding figures, references, and appendices. Please consider approximately the following word count for each part:

• 800 words for Part A

• 700 words for Part B

• Deadline15/01/2024 @23:59

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