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MS-55 Solved Assignment

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1. How the chain relationship can contribute to the success of SCM. Is it necessary to extend this relationship beyond the chain, to further achieve the objectives of SCM?

Answer: How can an organisation create a healthy relationship within the supply chain framework? The following six characteristics can help an organisation to achieve effective supply chain relationships:
·         The ………………………………………………………………………………………………………………………

2. What is Bullwhip effect? Explain the various permutations and combinations to reduce this effect in SCM.

Answer: Bullwhip effect is considered as a dynamical phenomenon in supply chains. We can define bullwhip effect as an increase in the demand variation in a supply chain from downstream to……………………………………………………………………………………………………………….


3. “ Making changes in a manufacturing company is probably the hardest thing that civilized man has ever set out to achieve”- give your comment on this statement in context with the organization switching to supply chain management.

Answer: These days many organizations are switching to supply chain management as it offers various ………………………………………………………………………………………………………………..

4. What is the need for Supply Chain Performance Measures? What are the factors that contribute to management’s need for new types of measures for managing the supply chain?

Answer: Before integrating with the suppliers, the manufacturers need to develop some performance measures to assess their capabilities…………………………………………………………….

5. “Facility and their locations are major issues in an organisation’s logistics system efficiency and its ability to successfully implement its competitive advantage”. Comment!

Answer: The location of suppliers, plants, warehouses and customers is the core of the supply …………………………………………………………………………………………………………………………

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