Explain why the strategy was selected

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Reference no: EM133989651

Prompt

For your third milestone, you will analyze plans for inventory management and the impact of the manufacturer's production strategy, identify and analyze your centralized and decentralized distribution strategies, analyze the impact production strategy and contracts, complete an analysis of performance measurements on your industry's supply chain, and discuss how the supply chain creates a competitive edge. This milestone is due in Module Seven.

Specifically, the following critical elements must be addressed.

I. Inventory Management:

Product Selling Season: Determine whether seasonal or generic products or both are sold. Determine the selling seasonal, steady, or hybrid.

Retail Inventory Strategy: Using the information you received from your interview with the industry retail store manager, determine what inventory policy strategies the store has adopted for order quantity, safety stock, and reorder level.

Impact of Manufacturers Production Strategy: What impact does the nature of selling have on the supply chain? Consider domestic and base supply, safety stock levels, reorder points, and demand variability. Identify the production strategy for the company (continuous/mass production, batch production, or project-based).

Distribution Management:

Centralized Distribution Strategy: Describe your centralized distribution strategy. Explain why the strategy was selected and identify potential risks based on your distribution strategy.

Decentralized Distribution Strategy: Explain why the strategy was selected and identify potential risks based on your distribution strategy.

Product Supply Contracts:

Production Strategy and Contracts: Complete an analysis of the impact of the production strategy on the supply chain. Identify the appropriate types of contracts for daily deliveries, weekly deliveries, and monthly deliveries of supplies. Consider stable ordering versus high variability. Be aware that multiple strategies may be employed. If more than one strategy is used, be sure to discuss when the contract approach is used and why.

Performance Measurements:

Complete an analysis of how the industry supply chain performance is measured. Explain the performance measures used to measure performance for each of the following parts of the supply chain. Get authentic, AI-free assignment help online from top tutors.

a. Manufacturing: Identify performance measures and explain how they attempt to perform better than their competitors. Be sure to address quality, cycle time, and takt time.

b. Distributors: Identify the performance measures and explain how they attempt to perform better than their competitors.

c. Retailers: Identify the performance measures and explain how they attempt to perform better than their competitors.

d. Third-Party Logistics Company: Identify the performance measures and explain how they attempt to perform better than their competitors. Be sure to address cost, efficiency, and wavelength.

Supply Chain Competitive Edge:

Discuss how the supply chain creates a competitive edge. Be sure to consider low cost, service levels, ideal distribution network, and quality level in your response.

Reference no: EM133989651

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