Discuss and evaluate demand forecasting techniques

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Reference no: EM132299115

Assessment instructions

Presentation of your progress on Assessment - Analytical Report

This presentation provides you with an opportunity to report on your progress in your tasks for assessment task 4, and to identity your key challenges and key plans, as well as your strategies to succeed. You will be provided with feedback to assist you in completing the assessment task 4.

Your presentation should cover the following items:

1. Demonstrate your Google Site

2. Brief introduction to your chosen company

3. Report a summary of your analysis across the following tasks (see assessment task 4 for more information on these tasks)

1. Supply issues (focus on a specific task)

2. Operations issues (focus on a specific task)

4. What are your top three challenges in relation to completing the assessment task 4? What are your plans and strategies to address these challenges?

Students are also required to submit the script of their recorded file as a single MS Word file.

Part A: Supply issues

1. Identify and describe key product categories that the procurement department has to manage

2. Research the supply market of the company and identify its suppliers (related to key product categories) as well as their geographical dispersion

3. Assess the supply market and importance of sourcing items (or services) (use Kraljic, 1983)

4. Research supplier selection, evaluation, and development practices and programs

5. Research key supply-related challenges and opportunities in your company and industry

Part B: Operations issues

1. Identify and describe your sales market and key customers of the company (including their geographical dispersion, importance to the company)

2. Identify, discuss and evaluate demand forecasting techniques used by the company. Are different techniques used across the sales market? Why?

3. Identity, discuss and evaluate inventory management techniques used by your company; Are different techniques used for different products? Why?

4. Research demand and inventory management challenges of the company

Requirements:

1) Create Google site page and discuss all issues about chosen company according to instructions.
2) Need a word document of 500 words for audio presentation.

Reference no: EM132299115

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