Several Chains Of Business & Advising On Better Performance - 825 Words

Majestic Wines: Several Chains Of Business And Advising On Better Performance (Case Study Sample) Content: MAJESTIC WINESStudents NameName of ProfessorName of institutionCourse NameDateMajestic Wines is a conglomerate of four different lines of business operating in different countries. The following dot points highlights the different lines of businesses and the country they operate in: * Majestic Wine Warehouses Ltd which has the main retail office in UK with branches in England ,Argentina, Australia, Austria, Canada, Lebanon,Chile, France, Germany, Italy, New Zealand, South Africa, Portugal, Spain and USA * Lay Wheeler has offices in Spain, Italy, Australia, New Zealand, South Africa, Argentina, Chile and USA * Les Celliers de Calais mainly based in UK with two stores in northernFrance * Naked Wines, a customer funded, international online wine retailer based in the UK with offices in USA and Australia.Managing risks for a multinational company can be challenging because knowing exactly what, where and how connections can affect the business of a company is a daunting task. A number of strategies can help a company efficiently manage these risk and at the same time boost on returns. * Focusing on the supply and distribution channel and an efficient supply management system is one of the best mechanism a company can leverage on to efficiently deliver output. Supply chains have become pivotal through which companies can boost their business. Supply chains should be used to commercially deliver local gains with the locality of operation. * Applying different approaches to supply chain benefits so as to optimize on benefits. In this case the company can choose to broadly categories its products to expand procurement so as to help boost local economic development. The company can opt to procure through main-suppliers, sub-contractors as well as consolidators after putting i...