Define the important components of supply chain management

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1. Appraise two-to-four weaknesses that are evident in the selected organization's product life cycle. Create a new product design and product selection and then determine three strategies that the organization wants in order to strengthen the operation. Offer support for the rationale.

2. Determine the important components of supply chain management for the company you have selected. Determine three key issues that could affect the structuring, sourcing, purchasing and the supply chain of your organization. Offer a solution to each issue.

3. Develop a total quality management implement that identifies and examines any future issues. Offer a rationale for developing the selected tool.

4. Examine three advantages in employing the just-in-time philosophy in your organization. Calculate three to five means in which the philosophy could potentially impact quality assurance. Offer specific examples to support your response.

5. Determine a qualitative as well as quantitative forecasting method for your operation. Next create a table in which you classify the characteristics of the operation that relate to each method. Appraise the strengths and weaknesses of each method.

6. Use at least three quality academic resources in this assignment. Note- Wikipedia as well as other Websites don't quality as academic resources

Reference no: EM1345266

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