Questions and Answers of Supply Chain Management global

Distinguish the roles played by liner shipping companies and terminal operators in LSCM.
What is the difference between transshipment and transloading?
How does RoRo differ from LoLo?
What do you think is the optimum container ship size?
What logistics services do you think ports should provide?
What is ‘own-account’ transportation?
What is fourth-party logistics (4PL®) and how has the concept evolved in recent years?
How might we distinguish 3PLs from other LSPs?
Identify the various documents that are typically associated with an international shipment.
How can trade facilitation benefit global logistics?
How can new technologies improve trade facilitation?
Why should a customer be concerned about transit inventory cost if they pay for the inventory only when the merchandise arrives at their premises?
Companies regularly review the locations where they offshore activities to and the associated costs. Some decide to reshore or nearshore. Referring to the world map at the start of the book, how do
Explain what factors would typically be considered in contingency planning in outsourcing arrangements.
Is procurement only concerned with purchasing?
In the context of postponement, how might downstream distribution centres be viewed as value-adding?
Explain the distinction between outsourcing and offshoring.
What are the most frequently reported problems in outsourcing?
Discuss the role played by product packaging in logistics systems.
Describe the barriers to having full visibility of information across the supply chain.
Information complexity, proliferation, diffusion, velocity and accuracy are key drivers of developing increasingly sophisticated supply chain information technologies. Describe each of these drivers
How can new technologies improve supply chain management?
Distinguish stochastic models from deterministic models.
Distinguish validity from reliability.
Why is it not always possible or feasible to select the ‘best’ route for a shipment?
Identify the different sources and types of risks along the supply chain.
What are the different ways by which the environmental footprint of LSCM can be reduced?
Why might some JIT inventory management approaches not be sustainable from an environmental perspective?
How can environmental supply chain performance be measured?
If you were designing and implementing a reverse logistics process for your firm, what are the key factors you would consider for implementation, and why?
The Common Logistics/Supply Chain Strategies and Practices box earlier in this chapter listed many logistics/supply chain strategies and practices. In your view, are all of these carried out
Why is it important to synchronise product design and supply chain design? What are the implications of this from an environmental perspective?
To what extent do you believe a supply chain can be redesigned to compensate for poor product design or poor product quality?
Why do you think logistics and supply chain managers require a ‘T-shaped’ skills profile?
Review some of the companies from the list of the top 25 supply chains. What in your view makes these supply chains so good?
In your view does transport add value in the supply chain?
What is volumetric charging?
What are the key characteristics of the five principal modes of transport?
Why do we say that transport is a derived demand?
What is FGP?
What are the three typical levels of firm strategy?
Outline the various stages in the evolution of production.
Explain how mass customisation works.
Are logistics and SCM only of interest to manufacturers?
Explain the origins of both logistics and supply chain management.
Explain the key developments behind the evolution of logistics and SCM.
Define both terms and outline how logistics and supply chain management differ from each other.
How do logistics and SCM differ?
Outline how theory develops in logistics and supply chain management.
How can best practice logistics and SCM lead to both cost reduction and service enhancement?
Highlight the importance of these areas in both manufacturing and services contexts.
What are the benefits of deregulation of transport markets? Why does such deregulation sometimes not work out quite as planned?
Identify how best practice logistics and supply chain management can yield both cost reduction and value addition.
Explain the linkages between economic growth, trade and shipping. How can they be decoupled and why might this occur?
Identify examples of companies/products which attempt to think global and act local(‘glocalisation’).
Differentiate ethnocentricity, polycentricity and geocentricity, and give examples of companies from your own country that you believe fit into each category.
Taking your own country as an example, identify freight routes where you believe directional imbalances exist.
How does the supply chain differ from the value chain?
Outline the various scenarios in which we can use combined logistics strategies.
Outline how some of the key principles of lean can be applied in a services context.
Consider how many services you have encountered today (e.g. your mail being delivered, the café where you bought your morning coffee, the lunch queue at the university cafeteria, the shop where you
Consider the role technology plays in both of this chapter’s caselets. How do you think advances in technology (e.g. mobile communications, cloud computing, social media) will influence the service
With the global transition of developed and developing countries to service economies, consider the implications for manufacturing supply chains. How will the world look 100 years from now if this
Describe the different types of supply chain complexity.
Why do you think the Netherlands is the world’s most globally connected country?
Describe the key features of, and benefits from participating in, hub-and-spoke transport networks.
Building on your knowledge of the industry, identify and discuss at least one more consumer or industry disruptor that will impact supply chain management.
Building on your insight regarding non-traditional supply chain applications, discuss where else supply chain principles could be applied.
Discuss five non-traditional supply chain applications and describe the similarities and differences between traditional supply chain applications.
Describe how one of the consumer disruptors and one of the technology disruptors will impact supply chain design and strategy?
Discuss how supply chain information systems can provide a competitive advantage for the firm?
Discuss how Blockchain and tracking systems provide value to a firm’s customers?
Compare and contrast supply chain transaction management, decision analysis, and strategic planning systems
Describe the benefits provided by Blockchain technology.
Compare and contrast a firm having its own information systems, cloud computing, and software as a service?
Discuss the role of TMS, WMS, and YMS in Supply chain Execution?
Discuss the role of Supply Chain event management systems in supply chain competitiveness?
What additional value-added services could True Value consider partnering with Yusen Logistics to implement? What could the benefit or drawback of this strategy entail?
Gillette has involved itself in Omni-Channel marketing by establishing a subscription service for razor blades delivered to consumer homes. How does this differ in terms of service outputs from its
In general, what challenges do you think a manufacturer of consumer goods faces in implementing an Omni channel approach?
Explain the customer satisfaction “gaps” shown in Figure 4.1.Data from Figure 4.1. CUSTOMER SELLER Word of mouth communications GAP 1 GAP 6 GAP 5 GAP 3 GAP 2 FIGURE 4.1 Satisfaction and Quality
Describe the S&OP process. What are the major trade-offs that must be considered?
Describe the major components of an advanced planning and scheduling system. What are the major challenges in implementing such a system?
How does a firms’ marketing strategy impact its decisions regarding the appropriate manufacturing strategy?
What could the long-term impacts of the electronic logging device mandate be on the trucking industry? Assume both positive and negative potential impacts. What participant in the supply chain (e.g.
How might the growth of e-commerce affect existing shipper relationships?
Given the fact that both the Navy and the Air Force regularly fly pilotless aircraft for surveillance and combat missions, the idea of a driverless fork truck seems somewhat of a no-brainer. Why not
Describe the relationship among firm revenue, cost, and the number of stock keeping units.
Describe the rationale for the increased shortage of supply chain talent. Discuss the key tasks to ensure that a firm has an adequate supply of talent
Describe some of the logistics and supply chain challenges related to security, regulatory, and compliance.
Describe the internal and external forces that drive SKU complexity.
Discuss the implications of supply chain risk on supply chain cost.
Describe the internal and external forces that drive SKU commonality.
Describe the types of functional skills that are necessary to effectively manage the supply chain?
Discuss the role that duties and taxes play in logistics and supply chain design. What are some of the unique characteristics regarding the role of duties and taxes?
What are the trade-offs associated with product complexity versus product commonality? Discuss the initiatives that firms can use to manage product complexity.
What role does purchasing play in capital equipment purchasing?
Discuss the reasons why a company may want to invest in new equipment instead of used equipment.
What are the advantages and disadvantages of leasing as a financing option?
What are the evaluation criteria for the lease-versus-buy decision?

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