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business
supply chain management global
Questions and Answers of
Supply Chain Management global
Discuss the characteristics of economic bargaining.
What is transportation’s role in purchasing?
What transportation mode is most appropriate for shipping furniture from North Carolina to Texas?
What are the important carrier selection criteria? What factors should be considered?
What factors are considered when rating freight? How are rate negotiations conducted?
Why is the negotiation process critical to purchasing transportation services?
What is meant by the term third-party relationship?
What is meant by freight terms?
What does F.O.B. mean?
In chapters three and four, it was explained how some firms were successfully single-or sole-sourcing. Doesn’t this increase supply chain risk?
What do most small businesses do, to reduce supply chain risk? Could they do something more effective?
Given the following information, complete the planned order releases and projected on-hand balances for component part Y. Q = 20, LT = 2 weeks, Safety Stock = 10 Week 1 Week 2 Week 3 Week 4 Week 5
Given the following information, complete the planned order releases and projected on-hand balances for component part X. Q = 60, LT = 3 weeks, Safety Stock = 5 Part X Week 1 Week 2 Week 3 Week 4
Aside from the 3-D printing impacts on supply chains that are discussed in this chapter, what do you think are 2-3 additional example impacts that could have been mentioned?
Using the internet, identify 2-3 traditional retailers that have adopted one or many of the five keys strategies necessary for success in an omni-channel environment. How did they implement
Provide an example supply chain issue or problem that you feel may be addressed by each of the key stages in the supply chain maturity model (i.e., descriptive; predictive; prescriptive; and
Which of the seven principles of SCM do you feel will be most critical to the success of supply chains in the future?
Using company Web sites, develop a profile (types of supply chain software offered, annual sales, and recent news) of the following organizations:a. SAP (http://www.sap.com)b. Manhattan Associates
Use the Business and Company Resource Center (http://www.swlearning.com/ bcrc/bcrc.html) and company Web sites to compare the service offerings for the following carriers:a. J. B. Hunt
Use the Business and Company Resource Center (http://www.swlearning.com/ bcrc/bcrc.html) to develop a basic overview report (primary service offerings, annual sales, current stock price, and recent
Using company Web sites, compare the distribution service offerings for the following 3PL organizations:a. Exel (http://www.exel.com) and AmeriCold Logistics (http://www.americold.com)b. GENCO
Pick any three customer fulfillment models from Figure 4.9 and:a. Explain how the network operates;b. Identify its advantages;c. Identify its disadvantages;d. Identify the type of market in which
Using the Business and Company Resource Center (http://academic.cengage.com/bcrc) and search engines, identify two MES solutions providers. Describe the capabilities and supply chain impact that
What private sector company epitomizes the concept of a global company with a well managed global supply chain? Provide a rationale for your response.
Using the Business and Company Resource Center (http://academic.cengage.com/bcrc) and company websites, compare the supply chain and contract manufacturing services provided by the following
Study the CSR reports for a couple of firms. Identify actions across a few supply chain drivers that have improved sustainability. Which areas has the company found challenging to improve?
1. What is the annual inventory and distribution cost of the current distribution system?2. What are the savings that would result from following the task force recommendation and setting up an
1. In what ways did Blockbuster achieve better strategic fit than local stores?2. How much implied uncertainty do Netflix and Redbox face? What levers do they use to deal with this uncertainty?3. How
For each of the five levers—capacity, inventory, time, information, and price—identify an example where a supply chain has focused on this lever to deal with uncertainty. In each case, identify
What type of distribution network is best suited to highly differentiated products?
Why has the online channel been more successful in the computer hardware industry compared with the grocery industry? In the future, how valuable is the online channel likely to be in the computer
Is the online channel likely to be more beneficial in the early part or the mature part of a product’s life cycle? Why?
Amazon.com sells books, music, electronics, software, toys, and home improvement products online. In which product category does going online offer the greatest advantage compared with a retail store
Why should an online channel such as Amazon build more warehouses as its sales volume grows?
Amazon has opened bookstores and announced the opening of convenience stores. How can these traditional retail channels allow Amazon to complement its online channel effectively?
Discuss why the use of subcontractors to handle peak demand can often allow a company to meet demand at lower cost even though the subcontractor price is higher than the average unit cost of the
1. What do you think of the discounting scheme that KAR had used historically? Do you think it was justified given the circumstances?2. Once KAR has reduced its fixed cost per order to 400 real, what
How should limited supply capacity be allocated across multiple seasonal products?
Compare the transportation costs for an online business such as Amazon and a retailer such as Home Depot when selling home-improvement materials.
What are some key factors that influence the success or failure of same-day delivery?
What are some benefits to improved sustainability of a supply chain?
Theresa can handle about 10 customers per hour at her one-person comic book store. The customer arrival rate averages about 6 customers per hour. Theresa is interested in knowing the operating
1. Identify the levels of security system response Global Electronics is trying to address by collaborating with Warehouse Security Professionals and with the integration of Secure Check. Explain how
For the four months shown, calculate the monthly labor productivities and the monthly productivity growths. June 1324 318 March Units produced 1260 328 May 1293 April 1340 332 Labor hours 321
1. How could contracting with Bethel Consulting Services advance Stor-Pak’s position as a world-class supply chain partner for Brook Medical Supplies and other customers?2. What cost advantage
1. Daisy decided that the main thing she should focus on is customer satisfaction. She believed that if you did that then you’d address all the other items since they drive customer satisfaction.
1. Defend Rack and Shelving Manufacturing’s (RSM) new product development strategy of tying new rack and shelving products to AST’s AGV/robotic innovation cycles.2. How will product manufacturers
What is the productivity growth rate right now in the U.S.? Explain why it is as low as it is.
1. Should the Learning & Growth team sever its relationship with Balanced Scorecard Systems before the new CEO presents the new BSC plan? Develop a Pro/Con response that the Learning & Growth
A small firm has an ending inventory of $52,000 as at December 31, 2012 and the following accounting information.a. Compute the monthly inventory turnover ratio for each of the twelve months.b. What
Describe some sustainable and ethical things your university is doing.
How is the U.S. government getting involved in sustainability requirements?
What is outsourcing? How is it different from purchasing? Would a firm ever want to outsource a core product or process? Why or why not?
Why would suppliers want to be involved on a buyer’s new product development team?
If your firm had a large number of strategic supplier alliances, what would be the best way to manage them?
What is bench marking? What are some different ways you could use bench marking to improve your performance at school?
Describe several successful ethical sourcing practices.
Ms. Winnie Lin’s company sells computers. Monthly sales for a six-month period are as follows:__________________Month Sales__________________________Jan
Explain demand management.
1. Since Mr. Snodgrass doesn’t have any historical data, (only an estimate of the number of customers he’ll serve each month), which specific type of qualitative method is he using? What would be
1. Calculate the potential enrollment for Fall 2017 using a three semester weighted moving average, with weights 0.1, 0.3, and 0.6, with .06 for the most recent semester. Start your forecast for the
The owner of the Chocolate Outlet Store wants to forecast chocolate demand. Demand for the preceding four years is shown in the following table:YearDemand (Pounds)168,800271,000375,500471,200Forecast
The forecasts generated by three forecasting methods and actual demand for the Torrance Company are as follows: Compute the MSE and MAD for each forecasting method. Which method is better? Would
What are the main components of a time series? Explain the difference between a time series model and an associative model. Under what conditions would one model be preferred to the other.
Monthly demand for Accugolfs top rated golf balls in dozens for the last 12 months are shown below.a. Develop a simple regression model for sales of golf balls.b. What is the forecast for
The Toro Cutlery Company has collected monthly sales information below: The company is examining two forecasting methods, moving average and exponential smoothing for
The US monthly inflation rate for 2016 is shown below:a. Compute the inflation rate for January 2017 using the exponential smoothing forecast using α = 0.3 and 0.5. Assume that the
Explain the impact of the smoothing constant value on the simple exponential forecast.
The Sun Devils Corporation is deciding which of two forecasting models to use. The forecasts for the 2 models and actual demand are provided below:Compute the MAPE and RSFE for the two forecasting
Explain the impact of forecasting horizon on forecast accuracy.
The Dominguez Hills Company has the following forecasts generated by two forecasting methods. Actual sales for the same time periods are shown below:Compute the tracking signal for each forecasting
How could the MAD be used to generate a better smoothing constant for an exponential smoothing forecast?
What is a tracking signal? Explain how the tracking signal can help managers improve the quality of forecasts.
The bill of materials for product A with the associated component parts and planning factors (in parenthesis) are showed below. How many units of the following components are required to make one
The revenue for a firm is $2,500,000. Its cost of revenue is $850,000, and its average inventory for the year is $62,000. What is their inventory turnover?
Given the following information, what is the annual inventory turnover ratio?
Why is it important to conduct cycle counting?
What is the electronic product code (EPC)?
Explain why item-level tagging is more expensive than case-level tagging in RFID.
Paris Store stocks a part that has a normal distribution demand pattern during the reorder period. Its average demand during lead time is 650 units, and the standard deviation of demand during lead
Lindner Congress Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution with an average daily demand of fifteen units and a standard
How is the quantity discount model related to the EOQ model?
How is the EMQ model related to the EOQ 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.
Using the information from problem 1, if Heavey desires to reduce their number of containers to eight, how does this impact the system? What has to change, if it assumed that demand, container size,
1. Hannah Hunt’s staff is very small; thus, she has limited resources available to tackle these issues. She can focus on either a specific error or on a specific class, e.g. freshman. What do you
A company collects 20 samples with 100 eggs in each sample. They want to construct a P chart to track the proportion of broken eggs in each sample. The table below shows the number of defective eggs
Can a process be considered in control but incapable of meeting design requirements? Explain.
1. The textbook lists 11 major community factors to use as selection criteria for choosing a location. Mary realizes that all factors are important; however, 11 are too many because it waters down
Discuss Amazon’s global facilities network.
Provide examples of major US companies that are using 3D printing and explain why they are reshoring their manufacturing back to US.
For the previous month, the Bichsel Lounge served 1,500 customers with very few complaints. Their labor cost was $3,000; material cost was $800; energy cost was $200; and building lease cost was
1. Do you think a call center would benefit Bangmod at this point? What benefits could it provide?2. From the case, identify items of importance in terms of designing the call center and rank them in
The Iarussi Legal Aide office assisted 126 people in June, 2013, with a staff labor cost of $3240. In June, 2014 the office provided assistance to 145 people with a labor cost of $3960. What was
1. Obviously, hospital personnel wear name tags to identify themselves. However, in the case the families are not remembering who they interact with because they are stressed. Recommend a solution
The Valentine Ski Company makes top-of-the-line custom snow skis for high-end ski shops and employs fifteen people at $20 per hour. Chris, the owner, wants to track several productivity performance
Describe several single- and multiple-factor productivity measures that could be used at your university.
How would Theresa’s queuing system operating characteristics change for the problem above, if she added another cashier and increased her service rate to twenty customers per hour?
How would you characterize your university’s service delivery system?
What strategy do you think was used in selecting the location of your university? Could there be a better location?
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