Justify the importance of your chosen factor

Assignment Help Supply Chain Management
Reference no: EM131433487

Global Supply Chain Management

ASSIGNMENT

"Supply Chains are only of any interest to customers when they go wrong. Therefore, Supply Chain Resilience is considered as a very important factor in modern Supply Chains"

The above statement is shown to be true in numerous occasions in the past. Examples include the "Horsemeat Scandal" in processed meat products, "100's of garment workers crushed to death" in an arguably avoidable factory collapse in Bangladesh, or other "Supply Chain Scandals" in Asia that have affected McDonald's, Burger King and Starbucks and more. These scandals (specifically in branded products) have caused significant reputational and financial damage (as well as loss of human life) to different types of industries.

By taking as an example a Supply Chain that you are familiar with, identify and discuss in detail ONLY ONE important Factor (such as Demand Forecasting, Inventory Management, Bullwhip Effect, Traceability, etc.) that is critical to the efficient and effective management of your chosen Supply Chain. In doing so please justify the importance of your chosen Factor to the Supply Chain and address the potential negative effects of mismanaging that Factor (100% of the assignment grade).

Typical examples of Supply Chains may include: production of fresh milk, automobile manufacturing, outpatient appointments or accident and emergency departments in public hospitals, banking services, supermarkets, the garment industry, pharmaceutical products, food supply chains etc.

Global Supply Chain Management

Some of the data for this assignment may be ‘live'; for instance the horsemeat scandal was reported extensively in the newspapers, on the media and other company accounts. You should use these sources for information on what may go wrong within your chosen Supply Chain. Material for most Supply Chains is easily available and is included in books and articles. Theory of supply chain strategies, relationships and response to breakdown is to be found in textbooks and peer review journal articles.

ASSESSMENT CRITERIA

This assignment represents 50% of your overall module mark. The maximum word count is 3000 words (+/- 10%). You will also need to take

the following into account when completing your assignment:

- Quality of executive summary (does it give a brief complete summary of your paper for an executive to read?)

- Establishment of relevant theory (e.g. what do I mean by supply chain resilience or supply chain obstacles?)

- Allocation of credit and sources used (have I included references and citations to the material I have used?)

- Clarity of argument

- Overall report presentation including spelling and grammar

- Adherence to nominated word limit (+/- 10%)

- Word processed (letter size 12, times new roman, 1.5 space), fully referenced (Harvard Referencing System)

The assignment must be submitted via OnlineCampus. Please remember that marks for assignment will also be awarded in relation to presentation and structure, and aspects such as use of examples, figures, tables, illustrations and statistics that indicate wider/independent reading.

Verified Expert

The paper is about Supply Chain Management.? I am hear choosing Demand Forecasting as a factor of SCM. Forecasts are becoming the lifetime of business in a world, where the tidal waves of change are sweeping the most established of structures, inherited by human society. Commerce just happens to the one of the first casualties. Survival in this age of economic predators, requires the tact, talent and technique of predicting the future. The sales forecast is particularly important as it is the foundation upon which all company plans are built in terms of markets and revenue. Management would be a simple matter if business was not in a continual state of change, the pace of which has quickened in recent years.

Reference no: EM131433487

Evaluate the strategic issues including the degree

Evaluate the strategic issues including the degree to which they may impact the strategic position, direction, decisions, and activities of the organization - Propose strat

Explain principle of supply chain management

Which of the following is not a principle of supply chain management? Choose one answer.Segment customers by service needs and then tailor services to those particular segment

How would you use cost or price analysis

Discuss your approach to effecting a win-win negotiation with a potential long-term supplier for a specific product or service - How would you use cost or price analysis in

Why is time important to competitive advantage

Why is time important to competitive advantage? Indentify and explain six key contributions that speed can make to logistics and supply chain strategy. Document your sources

What contributes to a healthy bid list

Create a bidder process, and discuss the element that would be used. What contributes to a healthy bid list? How you would evaluate proposals or bids from suppliers and chose

What is the probability that the project will be completed

Using PERT, a project team was able to determine that the expected project completion time for construction of a building is 21 months and the project variance is 4. Hint: By

Impacts of federally mandated socioeconomic programs

In your opinion, what are some of the positive and negative impacts of federally mandated socioeconomic programs, goals, and quotas within the federal government contracting

How do they use supply chain management

Supply chain management is an important part of a company''s distribution strategy - Evaluate REI in this discussion. Outline their current channel and methods of distribution

Reviews

inf1433487

3/28/2017 4:57:26 AM

You all are the best organization I have ever utilized. Client service is extraordinary and due dates are constantly kept. I have prescribed 8 assignments as of now to Expertsmind. This is the main organization that truly does custom work. Thanks...

inf1433487

3/28/2017 4:55:44 AM

The Assignment due date has been extended Thus kindly submit a A grade quality assignment. It should have executive summary.

len1433487

3/20/2017 2:47:40 AM

Criterion / Mark range - 90-100 Overall level (indicative – not for grading Standard comparable to journal publication Scope Outstanding clarity of focus, includes what is important, and excludes irrelevant issues. Understanding of subject matter Outstanding with critical awareness of relevance of issues. Outstanding expression of ideas. Literature Comprehensive literature review. Evaluation and synthesis of source material to produce an outstanding contribution. Critical analysis based on evidence Standard of critical analysis – showing questioning of sources, understanding of bias, independence of thought Structure of argument, leading to conclusion Well structured, compelling and persuasive argument that leads to a valuable contribution to the field of study, paving the way for future work.

len1433487

3/20/2017 2:46:04 AM

RELEVANCE TO LEARNING OUTCOMES: • Analyse and critically evaluate the ways in which supply chains are adapted in view of specific market dynamics and environments. • Demonstrate an understanding of the importance of global lead-time management and time-compression. • Critically analyse the theory, concepts and models of global supply chain management to interpret and understand complex and ambiguous risks in global logistics and supply chain environments. • Locate, summarise and synthesise a range of information from published literature and electronic sources on GSCM. ASSESMENT HOUSEKEEPING You are required to follow the University’s regulations regarding plagiarism and citing sources and references used. Assignments may not be submitted late. Marking penalties for late submission will follow the University regulations for PMC and late submission. Please note that there are changes in the late submission process this year.

len1433487

3/20/2017 2:45:48 AM

Require a complete quality assignment which would attain me 80%. also need to take The following into account when completing the assignment solution: . Quality of executive summary (it should give a brief complete summary of the paper for an executive to read) . Establishment of relevant theory (e.g. what do is meant by supply chain resilience or supply chain obstacles) . Allocation of credit and sources used ( include references and citations to the material that have been used) . Clarity of argument . Overall report presentation including spelling and grammar ASSIGNMENT SHOULD HAVE RELEVANCE TO LEARNING OUTCOMES: . Analyse and critically evaluate the ways in which supply chains are adapted in view of specific market dynamics and environments. . Demonstrate an understanding of the importance of global lead-time management and time-compression. . Critically analyse the theory, concepts and models of global supply chain management to interpret and understand complex and ambiguous risks in global logistics and supply chain environments. . Locate, summarise and synthesise a range of information from published literature and electronic sources on GSCM.

Write a Review

 
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