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Global Supply Chain Management
Question: Think of a product you have recently purchased. How many different forecasts do you think the retailer had to make in order to decide how much product to stock? What are the consequences for that particular retailer if they had over forecast versus under forecast?
Discuss the concept(s) relating to the above question.
This assignment should be one page.
Discuss why it is important for buyers to have knowledge of a supplier's learning rate when preparing to negotiate a purchase contract.
Provide an analysis of the behaviors of supply chain networks and supply chain drivers in your memo. Explain how supply chain impacts distribution of assets and resources.
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Design a single sampling plan Cumulative probabilities of Poisson distribution while designing this plan
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What are the unspoken rules that give Toyota its competitive edge and how do they make it possible for the company to change and improve performance without major disruption? Explain your answers.
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Examine other aspects of supply chain management, including how to optimize capacity and inventory and the trade-offs between capacity and inventory.
Describe the three components and the three flows of a supply chain. Identify popular strategies to solving different challenges of supply chains
Safety inventory of coal and MRO materials is kept at twice the consumption during the lead time of supply. What mode of transport do you recommend for each of the two products? Why?
The variable costs per unit to assemble the pump are $25/unit. The pumps can be purchased for $30/unit. Does the cost analysis support insourcing or outsourcing pump assembly?
Find an interesting SCM problem from the real business world, make sure the problem can be solved through SCM concepts/tools
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