MAN 3504 Blood Diamonds Essay

Congratulations! You have just been hired as the Operations Manager of Free Diamonds, a new owner-operated specialty diamond jewelry store. The companys vision is to import and sell only diamonds that are guaranteed to be labor-abuse free (conflict-free & fair-trade). Historically, the diamond industry has been notorious for engaging in unethical business practices; hence the term “blood diamonds”.

As Operations Manager you have been tasked with ensuring all imported diamonds are certified as conflict-free. However, the process to accomplish this is time consuming, requires much effort, and ultimately is more costly than obtaining uncertified diamonds. You have found yourself facing a dilemma. How will you compete with other jewelers that do not uphold the same ethical standards as Free Diamonds?
The company owner/operator is old-school (smile) and has asked you to: call around and check out the competition. As a highly trained Operations Manager, you know there are more efficient ways to begin the competitor analysis. However, the owner has insisted that you call one local jeweler.

Blood Diamonds

2. Call (yes, by phone) 1 jewelry store in the state of Florida (outside of Highlands County). Speak with a sales associate and obtain the following information:

The first name of the person you spoke with
Who the companys diamond suppliers are
Where the company’s diamonds are sourced (mined)
Whether or not the diamonds are fair-trade certified/ conflict-free

3. Select 1 topic from the list below, that piques your interest. Formulate a 1-2 paragraph analysis.

What factors could influence a push system at Free Diamonds. Explain
Under what circumstances would Free Diamonds use reverse logistics? Explain
Under what circumstances might Free Diamonds encounter order amplification?
How would supply chain optimization benefit Free Diamonds?
Is the diamond industry a goods-producing supply chain? Explain.
What processes would be involved in the Free Diamond supply chain?
Discuss the purpose of a goods producing supply structure within the diamond industry.
Read the following article examining DeBeers (a global diamond conglomerate) and briefly summarize the process of utilizing blockchain: https://www.forbes.com/sites/oracle/2019/07/12/blockchain-records-are-forever-in-opaque-diamond-market/?sh=4cd17def270b

4. Incorporate 3 terms from the reading into your 1-2 paragraph analysis. Please share a fun-fact (“food-for-thought”).. I’d love to learn more!

5. Use the attached Word template to complete your assignment.

Its alot of information not a long assignment

Our Service Charter

1. Professional & Expert Writers: Writers Hero only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Writers Hero are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Writers Hero is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Writers Hero, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.