Reference no: EM131314905
Supply Chain Management Strategy Proposal
Develop a Supply Chain Management Strategy Proposal, specifically dealing with the following scenario. The scenario centers around the choice of a location for a new distribution center for your firm's insulated cooler products. As you know, these are large and bulky and take up a lot of room in either a truck (from a warehouse to retail stores or in a warehouse itself). Your factory is in the Chicago area, and you do not want to move it, nor outsource the manufacturing. Your product is used year round in the southern states and southwest, and in the summer months on the east coast.
1. How would you determine the ideal warehouse location? What factors would go into your choice of locations? Describe at least 3 factors.
2. Describe the pros and cons of setting up your own trucking fleet to take product from your factory to the new warehouse vs. using common carriers.
3. Given the high dollar value of your inventory, how can you ensure accuracy of both purchased raw material inventory (in your factory) as well as of the finished product itself in your factory and at the new warehouse?
4. How will planning for equipment capacity needs been done if you use a forecast-based system versus a demand management (JIT) -based system?
5. Create a finished goods production plan MRP (and component B procurement plan) given the following:
• Production cycle time = 1 month
• Each finished good item requires 2 Part B's; part B has a 1 month procurement lead time
• Beginning finished product inventory is 1,000
• Forecasted sales are as follows:
o Month 1:1,000
o Month 2:1,100
o Month 3:1,150
o Month 4:1,200
o Month 5:1,200
o Month 6: 1,300
• Safety Stock:On the first day of each month, you want to have that month's sales already in inventory
• Capacity of the plant is 1,300 units
• Download the MRP template.
Attachment:- mrp_template.zip
Discuss who builds office buildings and why
: Evaluate preleased space as a factor in obtaining a building loan. - Distinguish between issues of valuation in commercial and farm loans.
|
Develop an activity diagram for each scenario
: Using Microsoft Visio or an open source alternative such as Dia, develop an activity diagram for each scenario that you have identified. Note: The graphically depicted solution may not exceed one (1) page per diagram. Provide a narrative that give..
|
Safety in a petroleum refinery industry
: Part I: You have recently been hired as manager of health and safety in a petroleum refinery industry. The environmental performance of this company has been unclear to the community and the media has recently portrayed this refinery quite negativ..
|
Write a comment about the given post
: All people have different lives and experiences that affect learning. There is need to include different teaching principle, learning styles and teaching methodologies in the approach to education. Learning styles such as visual, auditory and kina..
|
What factors would go into your choice of locations
: How would you determine the ideal warehouse location? What factors would go into your choice of locations? Describe at least 3 factors.
|
Specific service-level objective
: 1. Provide a specific example of risk pooling (a) across locations, (b), across time, and (c) across products. 2. Explain how firms determine the optimal inventory policy given a specific service-level objective.
|
Discuss maximum and minimum dollar limits on loan amounts
: Discuss methods a builder might use to assist with a home buyer's permanent financing. - Discuss maximum and minimum dollar limits on loan amounts.
|
Write a paper about trouble asset relief program
: Write 2 papers about Business Ethics. The Topic is Trouble Asset Relief Program: is it ever morally acceptable for the government/businesses to abandon moral or ethical principles in favor of results for the greater good?
|
What is bond nominal annual yield to maturity
: Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 8.4% with semiannual payments of $42, and a par value of $1,000. The price of each bond in the issue is $1,240.00. What is the bond's nominal annual yield..
|