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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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