Explain the overall goal of a supply chain

Assignment Help Supply Chain Management
Reference no: EM131302877

Assignment: Supply Chain Management

Supply chain management is the integration of activities that procure materials and services, transform them into intermediate goods and final products, and deliver them to customers. The production, distribution, and sale of both goods and services are bound by constraints in demand, supply, capacity, capability, and a myriad of other parameters.

In this assignment, consider the strategic implications of how an organization produces and interacts with its partners, customers, and suppliers.

Using the module readings, Argosy University online library resources, and the Internet, research supply chain management processes. Based on your research, complete the following:

• Describe the overall goal of a supply chain.

• Describe the difference between a supply that is responsive (service) and a supply chain that is efficient. Can a supply chain be both?

• How can an organization optimize supply chain management to improve results and remove obstacles? Support your answer with two current examples.

• Based on your learning from your research, what additional recommendations might add to what was accomplished?

Write a 3-5-page paper in Word format. Apply APA standards to citation of sources.

Reference no: EM131302877

Questions Cloud

Explain why communication is essential in an organization : Explain why communication is essential in an organization. Explain the ways that effective communication improves employee trust and engagement.
Role of group think in the financial crisis case, : By reading The Role of Group think in the Financial Crisis Case, How were the elements of groupthink illustrated in financial crisis? What could be done to reduce the effects of groupthink in the future?
Create individual accountability with limited conflict : Individual accountability: What are some ideas to create individual accountability with limited conflict?
Change in interest rate affect planned investment spending : Why doesn't an increase in the price level shift the demand curve for real money balances to the right? Don't firms and households demand more money as prices rise?
Explain the overall goal of a supply chain : Describe the overall goal of a supply chain. Describe the difference between a supply that is responsive (service) and a supply chain that is efficient. Can a supply chain be both?
What is the corresponding effective rent : The second lease, Lease B, is a 5-year net lease with a base rent of $25/sf with expenses expected to be $10/sf in the first year. If rents will increase by $1.00/sf each year and expenses by 5% a year, what is the corresponding effective rent from t..
Alternative submission method : Mark comes to you for advice after receiving two letters: One from United Trucks Pty Ltd requiring him to cease the operations of Sunshine Trucks Ltd in Queensland, the other from Grasping Bank Ltd threatening to sue him for $ 100 000. Advise him, ci..
The expected pected annual inflation rate : The cost of a college education is currently $15,000 per year. The expected pected annual inflation rate over the next five years is 3%. How much money should be deposited at the end of each year for five years in an account earning 10% compounded qu..
Why the aggregate demand curve shifts : Using the result from your graph to explain why the aggregate demand curve shifts when the Fed purchases Treasury securities.

Reviews

Write a Review

Supply Chain Management Questions & Answers

  Problem on implied uncertainty spectrum

What is the optimal amount to ship from India to North America and what is the optimal amount to ship from Germany to Japan - Where on the Implied Uncertainty Spectrum do the following products fall?

  Why do you think lean inventory management can decrease

why do you think lean inventory management can decrease transportation, capital expenses, and inventory storage?

  What are the supply chain risks

how it manages to establish close coordination across the globe (including any offshoring decisions and location-specific advantages), how distinctive R&D investments helped the company to increase its revenues,

  Explain how standardizing designs decreases logistics costs

An article describing Volkswagen's success suggests that standardizing around 60 % of the components in the platforms for medium sized and small sized cars globally decreased costs by 20 %. Explain how standardizing designs decreases logistics cos..

  Use to manage stakeholders with high interest and high power

What strategy would you use to manage stakeholders with high interest and high power? What type of document can you prepare to clarify stakeholders’ rankings of project scope, time, cost and other constraints. What are the most important success crit..

  What will be the impact of the inventory control problem

What specific actions should the company take in the area of inventory control? Support your recommendations with conceptual and economic analysis

  A chain of 5 pharmacies in suburban adelaide

You have recently joined a chain of 5 pharmacies in suburban Adelaide

  Identify strategies you feel that best address the challenge

Describe at least 2 challenges that supply chains face in each of these areas. Identify the strategies you feel that best address those challenges, and explain why.

  What types of negotiations the experts typically engage in

What types of negotiations the experts typically engage in? Who do they negotiate with? What are the challenges faced in the negotiations? What leads to negotiation success in their field?

  How could you quantify your claims

Outline a brief memo to defend the value of your department's services to the firm. How could you quantify your claims?

  Describe total cost of ownership and include descriptions

you work for centervale apparel a large clothing manufacturing firm. centervale apparel has budgeted 9.7 million for

  What year should the investor be pulling out of the market

Using a flat inflation of 3%, with the probability of 85% that incomes will not grow more than 3%, find the year that is best for the investor to begin new home construction. If incomes remain flat (within 3% of 2014 figure), and inflation grows at 2..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd