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supply chain management global
Principles Of Supply Chain Management 6th Edition Wisner Tan Leong - Solutions
What are manufacturing cells, and why are they important in lean production?
Why should lean layouts be “visual”?
What are the advantages and disadvantages of making small, frequent purchases from just a few suppliers? How do we overcome the disadvantages?
What are the advantages of close supplier and customer relationships, when practicing lean?
What are the Five Ss? Apply these to improve how you could complete your daily homework or study assignments.
What are the seven wastes? Discuss these in terms of a business you are familiar with.
Which do you think is the most important element of lean thinking?
What is yokoten, and what does it have to do with lean thinking?
Use an example to show how you could use lean thinking with a supplier and a customer.
How is lean thinking associated with supply chain management?
Who was responsible for first using the term lean as it related to the auto industry?
Why was Toyota’s first U.S. car such a failure? What did they learn from this experience?
What person or people at Toyota is (are) most responsible for the development of the JIT concept?
What does the Toyota Production System have to do with JIT and lean production?
How is lean production associated with JIT?
Briefly explain the primary concerns and objectives of lean production.
Explain why lean thinking and Six Sigma are so important to successful supply chain management.
Use the Internet to search for relevant information to prepare a brief report on the state of RFID implementation in North America, Europe, and Asia.
Visit the website of GS1 and use the information to write a brief report on RFID technology and the state of RFID implementation.
What is omnichannel and how does it affect inventory management?
Describe Near Field Communication (NFC), its relationship with RFID, and its applications.
Describe the difference between annual physical inventory count and cycle counting.
Why is inventory management important to SCM?
What is the order quantity when the annual order or setup cost equals the annual holding cost in the (a) EOQ model, (b) quantity discount model, and (c) EMQ model?
Use the inventory turnover ratios in Table 7.2 to comment on which firm is the most efficient in deploying its inventory to generate sales.
Explain whether the continuous review or periodic review inventory system is likely to result in higher safety stock. Which is likely to require more time and effort to administer?Why?
Suppose in an EOM model, the optimum order quantity of an item is 310 units. However, the item is only sold in a lot size of 300 units. Explain what the impacts are on the annual carrying cost, annual ordering cost, and annual total inventory cost.
Assume that you used the EOQ model to compute the order quantity for an item, and the answer was twenty units. Unfortunately, the minimum lot size for the item is twenty-four units. Discuss how this is going to impact your annual holding cost, annual order cost, and annual total inventory cost.
Discuss whether the EOQ model is still useful if a small error was made while estimating one of the cost parameters used in the EOQ computation.
How is the EMQ model related to the EOQ model?
How is the quantity discount model related to the EOQ model?
What are the two major costs considered in the EOQ model? Why is the total purchase price not a factor affecting the order quantity?
What are the assumptions of the EOQ model? Why do you think these assumptions are used for the EOQ model?
What is the purpose of the EOQ and the ROP? How can they be used together?
How can firms use big data to make better decisions?
What is big data?
Explain why item-level tagging is more expensive than case-level tagging in RFID.
Briefly describe how RFID can be used to manage inventory.
What is the electronic product code (EPC)?
Why is it important to conduct cycle counting?
Explain whether it is desirable to have a low or high inventory turnover ratio.
Describe inventory turnover and how it can be used to manage inventory.
What is the ABC inventory matrix, and how is it used to manage inventory?
What is the ABC inventory system, and how is it used to manage inventory?
Describe the four basic types of inventory.
Describe and provide examples of dependent and independent demand.
Use resources on the Internet to write a report on the current stage of ERP implementation in the United States, Europe, and China.
Use resources on the Internet to write a report describing Microsoft’s strategy and competitive position in the ERP market.
Explore the websites of SAP and Oracle, and use the information to write a report to discuss their (a) supply chain management, (b) supplier relationship management, (c)customer relationship management, and (d) advanced planning and scheduling software applications.
Use resources available on the Internet to prepare a report that describes a failed ERP implementation. What can be learned from this company?
Use resources available on the Internet to prepare a report about a firm that has successfully implemented an ERP system.
Use resources available on the Internet to prepare a report on the current and projected ERP market total revenue and the rate of growth over the next five years.
Use the Internet to search for information to write a report on whether the trend is toward a single integrator or best-of-breed ERP implementation.
Use the Internet to search for relevant information to prepare a brief report on how SAP and Oracle expanded their product lines. Which of the two firms is known for its aggressive strategy of acquiring smaller best-of-breed providers?
Visit the websites of SAP, Oracle, and Microsoft, and use the information to write a brief report of each company and its ERP software. Do their products offer the same configurations or functionalities?
It is inevitable that cloud computing will significantly affect how businesses and students use information technology in the next few years. If you have not done so, search on the Internet to sign up for free cloud storage on OneDrive and/or Google Drive. Do not forget to sync your files to your
Describe how a cloud-based ERP system works. When might a firm use a cloud-based ERP?
Explain why many ERP implementations have failed to yield the expected benefits over the last ten years.
Explain best-of-breed and single integrator ERP implementations. What are the advantages and disadvantages of the best-of-breed implementation?
What are the advantages of an ERP system over the legacy MRP system?
Why is it important to learn the fundamentals of the traditional MRP system, even if it is considered an outdated, legacy system?
Describe the limitations of a legacy MRP system.
Why have so many firms rushed to implement ERP systems over the past twenty years?
Why are production planning and capacity planning important to SCM?
How are the various capacity plans (RRP, RCCP, CRP) related to the material plans(APP, MPS, MRP)?
Briefly describe resource requirements planning, rough-cut capacity planning and capacity requirements planning. How are these plans related?
Describe lead capacity strategy and lag capacity strategy. Which strategy is more widely used in the electronics manufacturing industry, especially in the semiconductor and integrated circuit sectors? Why?
What is the difference between an MRP explosion and a DRP implosion?
Are the gross requirements of level 0 item in the MRP an independent or dependent demand? How about items below level 0 (i.e., level 1, 2, 3, and below)?
Where do the gross requirements of a level 5 item in the MRP come from?
Where do the gross requirements of a level 0 item in the MRP come from?
In MRP computation, do the gross requirements of level 3 items come from the gross requirements or planned order releases of the level 2 items? Explain how this works.
What is the difference between scheduled receipts and planned order releases?
Are manufacturing or purchasing lead times considered in the MPS and the MRP?
What is the planning factor in MRP?
What is a BOM, and how is it different from the super BOM?
What are the crucial inputs for material requirements planning?
The available-to-promise quantity and on-hand inventory are used to fill orders. What is the difference between them?
List and describe the two segments of a time fence system.
What is system nervousness? Discuss how it can be minimized or avoided.
What is the purpose of the available-to-promise quantity, and how is it different from on-hand inventory?
What is the purpose of low-level coding?
Is a level production strategy suitable for a pure service industry, such as professional accounting and tax services or law firms? Can these firms inventory their outputs?
Compare and contrast chase versus level production strategies. Which is more appropriate for an industry where highly skilled laborers are needed? Why?
Describe how MRP evolved into closed-loop MRP, MRP-II, and eventually into ERP.
Describe aggregate production planning, master production planning, material requirements planning, and distribution requirements planning. How are these plans related?
Describe long-range, medium-range, and short-range planning in the context of a materials plan and a capacity plan. How are they related?
Why is it important to balance production capacity with market demand?
What is cloud-based forecasting, and why do companies use this in solving their supply chain forecasting problems? Will cloud services replace the Microsoft desktop?
Discuss how companies managed demand planning during the COVID-19 pandemic and beyond.
What are the advantages and challenges in using AI/ML in demand planning?
Why is widespread adoption of CPFR below expectations?
What is demand sensing? Are there any advantages for companies to use demand sensing?
Is the use of lag in forecasting performance a measure that companies will adopt in the future?
What is a tracking signal? Explain how the tracking signal can help managers improve the quality of forecasts.
How could the MAD be used to generate a better smoothing constant for an exponential smoothing forecast?
Name three measures of forecasting accuracy.
What are the key differences between the weighted moving average and the exponential smoothing forecasting methods?
Compare and contrast the jury of executive opinion and the Delphi techniques.
Explain the impact of forecasting horizon on forecast accuracy.
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