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Assignment: Discussion-Key Elements of a Supply Chain
The success of any supply chain depends on the framework of the organization. The framework of an organization identifies strategic challenges that were critical to the organization's existence in the past and are also critical to its future growth. In this assignment, you will examine the ways in which selection of a framework can affect the success or failure of the supply chain program.
Most organizations use a single framework or a combination of frameworks to develop supply chains.
Then respond to the following:
After your initial post, discuss the following:
Write your initial response in 200 to 300 words. Apply APA standards to citation of sources.
Evaluate the organization's facilities with regard to capacity and location. Determine whether the organization has enough capacity and whether or not the facilities are strategically located
Complete the corporate forecast for this product using the data below to complete a 3 and 5 year single moving average forecast for the next year. For the judgmental forecasting component use the current economic situation.
What are the lessons learnt from commercial supply chains that can be replicated in health supply chains?
Prepare your case summary, including your thoughts and comments and state any business problem that the enterprise needs to resolve.
Do you agree or disagree with the way the goods are delivered? Explain your answer. How would you do it differently if you were in charge?
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?
Discuss and illustrate the economic justification for establishing a warehouse and why could a warehouse be described as a "necessary evil"?
Why is time important to competitive advantage? Identify and explain six key contributions that speed can make to logistics and supply chain strategy. Document your sources.
Describe the various costs incurred in a typical supply chain.
Explain the concepts of terminal value and modified internal rate of return as they are applied to the management of medical projects. Provide a specific example related to your own work or professional interests.
LEAN THINKING Identify processes in organisation you know well, that could benefit from the kind of changes introduced at Lantech. Explain how the improvements could be achieved. In working out responses to the Question.
What other types of benefits do you feel the business would enjoy when freeing up this much production space through lean implementation?
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