Purchasing and Supply Chain Management 5th edition Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson - Solutions

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Using the SVA economic model shown in Figure 5.6, describe how an SC analyst could use such a model to conduct sensitivity analysis in order to expose an organisation’s risks.
What do the individual words ‘linear’ and ‘programming’ mean in the term ‘linear programming’?
What is the concept of peak load periods and why is it important to SC design?
What are the five major economic levers for a for-profit organisation?
What is the main advantage of a Pareto chart over a pie chart?
Why is a run chart sometimes more helpful than mean and standard deviation values alone? (Hint: Figure 5.1)
What are the nine SC design sub-processes and which analytic techniques can be used to help optimise their performance?
Describe how SC projects can be properly financially appraised. Show how such appraisals are applied using a relevant example.
Describe the process used to undertake a formal risk analysis of an SC situation or SC project. Use an example to help with your explanation.
What process can be applied to formally segment SC suppliers?vi What are the key components of an SC strategy implementation plan?
What is an SC vision? What typically are the key elements of an SC vision? How can an SC vision be developed?
What is a PESTLE analysis and how can analytics be used to assist in undertaking such an analysis?
Which analytic techniques can be applied to eight SC strategy sub-processes?
What are the eight SC strategy sub-processes and how can they be measured?
Explain the necessary content and style characteristics of an analytic project report. How should such a report be communicated and disseminated?
The application of Bayes’ theorem can be considered as a continuous process. Describe the steps involved in such a continuous process and use an example to explain how it works in practice.
What is a hypothesis? Why are hypotheses so important in analytical work? How are they generated (formed, developed)?
What is the hypothetico-deductive research process? Why is it important to follow the sequence of steps that describe the process?
Describe dependent variables and independent variables. What are they used for in analytics? Which analytic techniques can be used to study them?
What are the six key SC measures described in the chapter? How are they calculated?Are they internally or externally focused?
What is a problem statement and why is the careful writing of one so important in analytics work?
Expand on the social style and approach that an SC analyst must adopt in order to be highly successful in their work.
“The use of analytics has grown over time usually in response to new insights or pressing demand to the point today where it is ubiquitous.” Discuss this statement. Is it a fair assessment of the growth in the use of analytics and its widespread usage today? Use actual organisational examples
What typical obstacles do SC analysts confront in carrying out their work?
Are SC analytics relevant and applicable to service SCs as well as product SCs? Why?
What are the components of the analytics lifecycle and what do they involve?
What steps are typically taken to ensure the quality of collected data?
What is the true value-add of this book and why?
Reproduce the model of supply chain excellence and then provide descriptions of each component and explain their relationships to one another.
Pick any modern-day SC. Describe the chain (industry, products, locations, customers)with the aid of a diagram. Who are the SC partners and what is the state of their relationships (adversarial, collaborative, other)? Who has the power in the chain and how is the power used (for benefit or loss or
“SC analytics do not exist in a vacuum.” Discuss this statement and describe how SC analytics can be used to improve the performance of key SC processes.
Pick one product between personal computers, mobile phones, televisions or watches and describe how customer requirements for the product have changed over the past 25 years. Which group has the power in the chain (suppliers or customers or others)?
What exactly is cloud computing? How might it be adopted to improve levels of supply chain collaboration?
Describe the reasons for the development of the concept referred to as big data and summarise how information and communication technology (ICT) professionals go about effectively managing big data.
Describe the six main components of data science. How are they relevant to the achievement of supply chain excellence?
What are typical economic and non-economic outcomes that are enabled by the existence of genuine SC competitive advantage?
What are the three main SC analytics components and in what circumstances are they used?
What are the four key SC processes that SC analytics can be used to enhance?
In what ways are SC partners important to the application of SC analytics?
Genuine SC excellence leads to superior performance on which key SC performance indicators?
What evidence exists to support the proposition that SC excellence supports superior organisational financial performance?
What are the five characteristics commonly used to describe big data?
What is meant by the term big data?
Describe data mining. What exactly does it mean? How can data mining be used to assist with the obtainment of supply chain excellence?
What might cause an alliance or partnership to end?
Define the concept of partnerships and alliances. Identify when a firm should pursue a partnership or alliance with selected suppliers
What groups should be involved when conducting an insourcing/outsourcing analysis, and what information can each of these groups provide?
Develop a process that would guide firms through the insourcing/outsourcing process.
What must a buyer consider when determining what quantity to purchase?
Aleda Marucheck has received the following quote from a supplier of replacement ink cartridges used in laser jet printers:Quantity..................................Unit Price 1.............................................$23 2
What quantity should Aleda order if she wants to receive the lowest incremental costs between quantities?
Are there factors besides learning that can help reduce costs as volume increases?
Why do manual processes experience greater learning curves compared with automated processes?
Why can we use rough estimates when applying learning curves?
Under what conditions can we use learning curves to estimate prices? In other words, when does learning curve apply?
What do you estimate the buyer should pay per unit for the next 700 pieces assuming the supplier demonstrates a 75 percent learning curve or improvement rate?
Identify the kinds of resources, in general, that cross-functional sourcing teams should be provided to be successful.
Research has demonstrated a strong link between effective team leadership and cross-functional team success. Describe the characteristics of an effective team leader. Next, describe the responsibilities and requirements of cross-functional team leaders.
Goal setting is also important to team success. Discuss how organizations and teams should establish goals, and why having team goals is important.
Gaining team member commitment is critical to team success. Discuss how this unit can use its employee performance evaluation and reward system can encourage members to support cross-functional project teams. Be sure to provide examples of the kinds of rewards available to team members
Is the sourcing organization deploying resources to ensure that suppliers' capabilities are aligned with the competitive and manufacturing strategies?
Are sourcing strategies developed in Honda to optimize the mix of local suppliers and transplant suppliers?
Is Honda effectively organized to promote coordination among the different global strategic business units?
Does Honda create an effective global vision as a primary driver for investing resources and effort in seeking global suppliers?
Identify the types of training that team members at Engineered Materials will likely require before they can effectively support team interaction and activities.

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Purchasing and Supply Chain Management 5th edition Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson - Solutions

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