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Recently Asked Supply Chain Management Questions

Expert help when you need it
  • Q1: 6. Why have drug shortages emerged as a problem in the Canadian Health Care system? What factors have contributed to this problem and what can be done to address it?See Answer
  • Q2:Task 1 of 2 - Essay (AC 1.1, 1.2, 1.3, 2.1, 2.2, 2.3, 5.1, 5.2, 5.3) Instructions: Choose one organisation and write an essay in which you should use specific examples that: • Outline the nature of the organisation with a background to its operations. • Critically explain why an effective supply chain is important to all business functions within the organisation and the key factors to develop an integrated supply chain strategy. Evaluate why and how the organisation maintains supplier relationship, before recommending a supplier relation system to your selected organisation. • Critically analyse the factors to consider in developing a strategy to improve an organisation's supply chain. ● ● Assess the use of information technology to create strategies to develop effective supplier relationships. Provide two or more options to improve the supply chain of your organisation and assess their suitability, feasibility, acceptability and benefits before making your justified recommendation.See Answer
  • Q3:Task 2 of 2 - Report (AC 3.1, 3.2, 3.3, 4.1, 4.2, 4.3) Instructions: Write a report with reference to your chosen organisation in Task 1 and support your answer with examples. Your report should: • Justify the importance and use of logistics in the supply chain and explain their importance. • Evaluate the effectiveness of current procurement (both strategies and procedure) within the organisation. ASSIGNMENT BRIEFS | SEPTEMBER 2020 OTHM LEVEL 7 DIPLOMA IN STRATEGIC MANAGEMENT AND LEADERSHIP | ASSIGNMENT BRIEFS 23 • Critically evaluate the factors that could be used to improve logistic and procurement for your organisation. • Critically evaluate the applicability of a JIT (Just-in-time) system as well as the applicability of a LIFO or FIFO inventory control for your organisation. • Propose an effective and economic order quantity system based on your design Delivery and Submission: • 1x Report (2000 words) excluding TOC, diagrams, references and appendicesSee Answer
  • Q4:3. A key business process for Amazon supply chain is: a. Production b. New product development c. Purchasing d. Recruiting e. Forecasting f. Last mile delivery See Answer
  • Q5:1. List out the steps you recommend any consultant should follow when trying to get to the root cause of a problem.See Answer
  • Q6:3. Despite material costs being reduced, why was the inventory cost still rising?See Answer
  • Q7:4. List 3-5 solutions to help solve the supply chain and inventory issues. What problems would they solve, How would they solve it, etc.?See Answer
  • Q8:How can we say that Block chain technology bring efficiency and transparency in transactions? See Answer
  • Q9:What are characteristics of Blockchain technology? See Answer
  • Q10:Name five companies in the world who use this technology. See Answer
  • Q11:Task One You have requested each department to give your their key expectations of your aluminum suppliers. You have then received the following email responses.See Answer
  • Q12:Task Two Read through the internal negotiations to eliminate conflicting KPIs and metrics. Internal Negotiations Action Item: Create a table of the final KPIs from the internal negotiations dialogue. This item will not be graded, but will be incorporated in task three.See Answer
  • Q13:Task Three Use all relevant information from rotation 1 and 2 to draft a SWOT using the provided templates or your own. Consider your company's position via your Porter's analysis, the aluminum market, KPI requests, etc. See Answer
  • Q14:Task Five Action Item: Based on what you put together in step 4 - create a few PowerPoint slides to request leadership approval to proceed with your offer to the supplier and while summarizing the current circumstances.See Answer
  • Q15:Task One You receive an email from your CEO who needs your help. See his email below: We really need your support urgently! The entertainment system has been a huge success. Our team proceeded with the Samsung tablet at $175 per unit for 10,000 units. Our demand has been 100X our initial projections. We really need your support urgently! The entertainment system has been a huge success. Our team proceeded with the Samsung tablet at $175 per unit for 10,000 units. Our demand has been 100X our initial projections. We maxed out our budget for this project and Samsung just notified us that they are raising pricing on us due to increases in aluminum. There are 140 grams of aluminum in every tablet we purchase - and Samsung is telling us they have a 10% scrap rate. Please see the forecast below:See Answer
  • Q16:Task Two Your CEO has responded back to your email. See his response below: Thank you for your detailed analysis on our aluminum exposure. However, this is just a snapshot in time. I need you to provide me an analysis of where you see this going in the long term. Leave our demand forecasting to the sales and marketing team but please provide a report on what market dynamics you see impacting aluminum pricing in the future. For example across automotive, beverage, etc... - do you anticipate demand increase or decreasing? Are there international dynamics driving pricing? Are there any raw material constraints or other materials that may replace aluminum demand? Please provide this in a formal report out. Action Item: Read news stories on aluminum to understand the current market dynamics. Report out your findings.See Answer
  • Q17:Task Four Using the materials provided and the knowledge gained from steps 1 to 3 - summarize this information into a Porter's Five Forces analysis. Based on your report out where do you see your company's buying power in this market? Action Item: Create a Porter's Five Forces Analysis to report out where you see your company's Power Balance in this area. Create your own summary template in Word, Powerpoint, or Excel.See Answer
  • Q18:(30 MARKS) There are Four (4) essay questions in this question paper. Answer One (1) essay question only. All essay questions carry equal marks. 1. The strategic fit of supply chain management refers to the alignment of a company's supply chain strategy with its overall business strategy to achieve competitive advantage. However, achieving and maintaining this strategic fit can be challenging for companies due to various factors. Examine how companies can overcome FIVE (5) major challenges to achieving and maintaining strategic fit of supply chain management? (30 Marks) 2. Businesses that can optimize the drivers of supply chain management and align their supply chain strategy with their overall business strategy can achieve a competitive advantage and drive long-term success. Analyse FIVE (5) key drivers of supply chain performance, and how can companies optimize them to achieve competitive advantage? (30 Marks) 3. Choosing the right supply chain configuration is critical to achieving operational efficiency, customer satisfaction, and long-term success. Distinguish FIVE (5) different supply chain configurations that companies can adopt to achieve operational and strategic goals, and how can they evaluate which configuration is best suited for their business? (30 Marks) 4. Lean supply chain approach is a strategy for managing the supply chain that emphasizes on value creation. Examine FIVE (5) ways how companies implement a lean supply chain approach to optimize their operations and achieve a competitive advantage, and what are the key strategies for successful implementation? (30 Marks)See Answer
  • Q19:Assessment Instructions What do you need to do for this assessment? Task: Previously you have produced a research project proposal and completed a literature review relating to the topic you have chosen for the research project. In this current assignment you have to: conduct your proposed research project, after which you will produce a Written Report about the findings in your research project. You will write your report for an academic audience, so a formal, academic style should be maintained throughout. The aim of this task is to give you practical experience in conducting research, collecting and analysing data, and reporting research findings. Guidance: Your tutor will also provide written and/or verbal feedback and guidance on draft versions of your report throughout the term before the submission deadline. 1:1 discussions with your tutor can be very useful to enhance your final submission. Please note: This is an individual assessment so you should complete it by yourself./nChapter 4: Research Findings (400-500 words) This section should present and describe your key research findings and include, as appropriate, graphics to support and aid the reader. Chapter 5: Discussion (550 - 650 words) This section should analyse your key research findings and link these to the existing body of literature on your chosen topic. You should also consider how the research data you have collected helped you answer your research questions. Note: it is possible to combine chapters 4 and 5 Chapter 6: Conclusion/Recommendations (550 - 650 words) This section should summarise the key findings for your project and reflect on how these could be useful in your chosen field and also recommend how this topic can be further researched in the future. Reference List (excluded from the word count) In this section you should include a list of all sources you have referred to in the report, in accordance with VON Harvard referencing conventions. Appendices (excluded from the word count) This section may include a copy of a reflective diary about your research process and also other documents such as a copy of your research instrument(s), your ethical approval form, a copy of your informed consent form, participation information sheet, interview transcripts (if applicable), a summary of the data collected and any other relevant supporting information. Note: Word lengths indicated are recommendations. Exact word lengths of sections can vary across projects to best meet the project objectives. Theory and/or task resources required for the assessment: Both primary and secondary research approaches must include supporting sources and you must find and use relevant sources independently. You should aim to refer to a minimum of 15 sources specific to your topic in your research project. You may wish to use some informal sources for background research on your topic e.g. newspapers, reputable websites, in addition to a diverse range of academic sources available to you through your college and the internet including journals textbooks and chanters in edited volumes as well as/nStructure: Structure of the Written Report: (4000 words ±10%) The Written Report should include the following sections: Cover page: The cover page should include the final title of your research project (10-20 words) and the details outlined further below (see 'Submission requirements' section) Abstract (excluded from the word count): In less than 200 words, summarise the key contents of your completed research project. Table of contents (excluded from the word count) List of Tables and Figures (excluded from the word count) Chapter 1: Introduction (500 - 550 words): In this section you should provide some contextual information about your chosen topic and explain why this topic is worth studying. This should be a developed from your original research proposal based on feedback and your own reflection. This section should contain the aims and objectives of this research project and a description of the research questions (maximum three) that it aims to answer (and hypothesis). Chapter 2: Literature Review (1200-1300 words) In this section, you will act on previous feedback to improve and possibly extend your previous literature review. You should critically review the available academic literature on your chosen topic. You should compare and contrast existing research findings in order to identify gaps which your research aims to fill, and critically evaluate the quality of existing literature on your chosen topic. Chapter 3: Methodology (650 - 750 words) This section should describe and justify your overall methodology. This can be developed from your research proposal but must describe and justify what has been done. In addition, you are required to discuss a range of methodological issues, such as: 1. If you choose primary research methodology you should consider: . . The research perspective and strategy (Did you apply a quantitative or qualitative approach? Why?) Your data collection methods (Did you use questionnaires, interviews, focus groups, etc? Why?) Your sample size and sampling technique Your research approach for data analysis A reflection on the limitations of your methods In this section you should also consider the ethical issues which are relevant for your project and also provide concrete solutions of how these will be solved.See Answer
  • Q20:to Montreal was estimated to be five to seven days, compared to four to five days by rail and two days by truck. For intermediate origin-destination pairs, such as Chicago to Cleveland, the transit time was estimated to be three days, which compared favorably with railroad service; however, the truck transit time was one day. The rate for the container service was estimated to be 40 percent of the current truck rate and 75 percent of the current rail rate, but the RFID program may allow higher rates because it would be a premium service and differentiate GLC from the rail and motor carriers. The meetings with the port directors confirmed that the volume of grain and iron ore being handled by Great Lakes carriers was on the decline and the predictions for the next five years were for a continued decline. The lack of adequate containership service on the Great Lakes was also confirmed and the port directors were enthusiastic about the possibility of GLC initiating such service. They were also interested in the advantages of the RFID tech- nology even though it would require some additional investment for them. Ben and Kate decided to delay the decision to invest in the new equipment and technol- ogy because of the economic forecasts for the Great Lakes region and related potential cash flow problems. Also, the development of new oil fields more recently with the development of fracking technology in New York, Ohio, and Pennsylvania were changing the economic landscape of the Great Lakes region. Now they were reconsidering their alternatives before moving ahead, with their plans for investment in new technology and equipment. CASE QUESTIONS 1. What is the overall impact of the new sources of energy in the Great Lakes area? What is the likely impact on commodity flows in that area? What will be the likely impact on GLC? 2. What are some of the logistics supply chain issues that GLC should consider? 3. What recommendation would you make to the GLC board of directors regarding a containership operation and the possibility of new bulk shipments of oil and possibly chemicals?/nBen and Kate discussed the type of vessel that would be needed to move containers and concluded that current GLC vessels could not be retrofitted for container operations. Furthermore, the new ship would have a maximum carrying capacity of about 1,000 con- tainers because of the size limitations imposed by the locks on the Saint Lawrence Seaway. The typical oceangoing containership has a minimum carrying capacity of 2,500 containers. The proposed operation would consist of weekly sailing schedules beginning in Duluth and stopping at Chicago, Detroit, Toledo, Cleveland, Buffalo, and Montreal. Containers would be picked up and delivered at each port along the route. The transit time from Duluth to Montreal was estimated to be five to seven days, compared to four to five days by rail and two days by truck. For intermediate origin-destination pairs, such as Chicago to Cleveland, the transit time was estimated to be three days, which compared favorably with railroad service; however, the truck transit time was one day. The rate for the container service was estimated to be 40 percent of the current truck rate and 75 percent of the current rail rate, but the RFID program may allow higher rates because it would be a premium service and differentiate GLC from the rail and motor carriers. The meetings with the port directors confirmed that the volume of grain and iron ore being handled by Great Lakes carriers was on the decline and the predictions for the next five years were for a continued decline. The lack of adequate containership service on the Great Lakes was also confirmed and the port directors were enthusiastic about the possibility of GLC initiating such service. They were also interested in the advantages of the RFID tech- nology even though it would require some additional investment for them. Ben and Kate decided to delay the decision to invest in the new equipment and technol- ogy because of the economic forecasts for the Great Lakes region and related potential cash flow problems. Also, the development of new oil fields more recently with the development of fracking technology in New York, Ohio, and Pennsylvania were changing the economic landscape of the Great Lakes region. Now they were reconsidering their alternatives before moving ahead, with their plans for investment in new technology and equipment./nGreat Lakes Carriers: A Sequel During the summer of 2014, Ben Heuer, president and chief operating officer of Great Lakes Carriers (GLC), and E. Kate Weber, vice president of business development, revisited the port directors of every major port on the Great Lakes. Their objective was to seek additional business for GLC's bulk cargo division with a related objective of exploring potential demand for increased containership operations on the Great Lakes. GLC was founded in 1940 by Ben's grandfather with one ship hauling coal and iron ore from the mines along the Great Lakes to the steel mills in Indiana, Ohio, and surrounding areas. Today the company has a fleet of 12 bulk vessels that move grain from the upper Great Lakes area to Chicago, Buffalo, and Erie. There is also some continued demand for bulk coal and iron ore movements. The demand for the movement of such commodities has decreased in the 21st century because of increased foreign steel production, and the railroads have increased their share of the grain movement with new, larger, hopper cars, which provide more dependable movement. GLC has developed some containership service on the Great Lakes, but the volume has been disappointing. Container traffic between the United States and the European Union can move via railroad to the port of Montreal, where it is transloaded to an oceangoing containership. Substantial NAFTA container traffic (USA-Canada) moves via either railroad or truck to major cities adjacent to the Great Lakes. Lastly, the area surrounding the Great Lakes is a major manufacturing region with large volumes of traffic moving among the major port cities and to inland locations. Radio Frequency Identification (RFID) technology is providing GLC with some competitive advantage for higher-value container traffic where visibility could help improve supply chain efficiency and effectiveness. Kate also believed that they could charge higher rates with RFID tags and explore the possibility of diversifying even further into logistics-related services.See Answer
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TutorBin has got more than 3k positive ratings from our users around the world. Some of the students and teachers were greatly helped by TutorBin.

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Olivia

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Michael

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Richard

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Willow

TutorBin helping students around the globe

TutorBin believes that distance should never be a barrier to learning. Over 500000+ orders and 100000+ happy customers explain TutorBin has become the name that keeps learning fun in the UK, USA, Canada, Australia, Singapore, and UAE.