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supply chain management global

Questions and Answers of Supply Chain Management global

A buyer received bids from three suppliers for a vital component part for its latest product. Given the following information, use total cost analysis to determine which supplier should be chosen.
Given the following information, use total cost analysis to determine which supplier is more cost-effective. Late delivery of raw material results in 60 percent lost sales and 40 percent back orders
A Las Vegas, Nevada, manufacturer has the option to make or buy one of its component parts. The annual requirement is 20,000 units. A supplier is able to supply the parts for $10 each. The firm
Ms. Jane Kim, Purchasing Manager of Kuantan ATV, Inc., is negotiating a contract to buy 20,000 units of a common component part from a supplier. Ms. Kim has done a preliminary cost analysis on
You are given the following information:a. Find the break-even quantity and the total cost at the break-even point.b. If the requirement is 4,500 units, is it more cost-effective for the firm to buy
A retailer in Las Vegas has an ending inventory of $250,000 as at December 31, 2012 and the following accounting information.a. Compute the monthly inventory turnover ratio for each of the twelve
If a firm’s inventory turnover is 8 times and its average inventory is $160,000, what is the cost of goods sold?
If a firm’s cost of goods sold is $5 million and its inventory turnover is 10 times, what is the average inventory?
If a firm’s cost of goods sold is $2.5 million and its average inventory is $500,000, what is the inventory turnover?
If a firm is able to sustain the same level of operations in terms of sales and administrative expenses but reduces its materials cost by $50,000 through smarter purchases, what is the
If a firm’s total assets is $2.5 million and its return on assets is 12 percent, what is its net income?
If a firm’s net income (profits before taxes) is $120,000 and it has total assets of $1.5 million, what is its return on assets?
What are some things supply chain members could do to improve sustainability?
What are big data and data analytics? How might they be used in supply chains?
Does a global supply chain have more risk than a domestic supply chain? Why?
At what point should a supplier be considered to have a strategic partnership with a firm?
Should companies require their suppliers to get certified if they are performing well?
What is the triple bottom line and how would you describe it for Walmart?
What is demand management and why is this an important part of supply chain management?
What is the difference between supply chain management and logistics?
Why don’t firms just become more vertically integrated (eg. buy out suppliers and customers), instead of trying to manage their supply chains?
Can a bicycle repair shop have more than one supply chain? Explain.
1. All players but the retailer should answer this question. What do you think the retailer’s customer demand pattern looked like? How did your customer orders vary throughout the game?2. What
What strategies and steps can organizations pursue to combat the SCM talent shortage?
How is the role of supply chain professionals evolving? What skills will managers need in the future to succeed in this profession?
Distinguish between a value stream and a waste stream for reverse flows. Give examples of each.
Why is sustainability such a complex and challenging issue for organizations? How can they simplify these challenges from a supply chain perspective?
1. To obtain the necessary technological capabilities should GRI license software or purchase access via the Software as a Service model? Explain. 2. What types of software does GRI need to
1. As its customer base grows and becomes more diversified, how will the information requirements of the IDI supply chain change? 2. Given its anticipated volume growth and inventory variety
How will the Internet of Things, mobile connectivity, and automation drive change in a supply chain?
Review the methods used by supply chain managers to mitigate SCIS implementation risks.
Describe how a supply chain information system enables process excellence and links the essential elements.
Describe the attributes of information quality and how they impact supply chain decision making.
1. If you were hired as a consultant to develop these KPIs for WD, how would you assess what KPIs they should be measuring? In general, what areas of service and cost would these KPIs address? Be
Construct a financial model to determine the redelivery/rehandling cost, lost sales, invoice dedution cost, and net income for the following:a. On-time delivery increases from 90 percent to 95
Using a spreadsheet computer software program, construct a supply chain finance model and calculate the profit margin; ROA; inventory turns; and transportation, warehousing, and inventory costs as a
1. What rationale is offered by HQ Depot in support of the idea of using a 3PL? Do you agree with the reasons cited for the interest in a 3PL?2. Based on your understanding of HQ Depot and its
1. Describe the elements of the value proposition for the member-manufacturers of Quik Chips (QC). What would be the elements of the value proposition for the mobile technology manufacturers that are
What are some example types of services that may be available from a 4PL provider?
How would you distinguish between the following terms: alignment; relationships; and collaboration
1. Calculate the performance score for each of the three carriers.2. Which carrier would you recommend that Bob consider for elimination? Why?3. If Bob decides to keep all three carriers, what should
1. What responsibilities, control, and costs does V2 bear under each of the FOB terms offered? 2. What is the delivery cost and landed cost per unit for each speaker delivery
Identify and discuss appropriate modes of transportation for the following items:a. Apple iPhonesb. Under Armour running shoesc. Organic fruits and vegetablesd. Pressure treated lumber
Should the Internet be considered the sixth mode of transportation? Why or why not?
1. Help McDavis with the analysis by calculating KPIs for: (a) Unit fill rate; (b) Fulfillment accuracy; (c) Document accuracy; (d) On-time dispatch; and (e) Productivity. 2. Compare your KPIs to
1. Compare and contrast the three options from the perspective of customer service. Which do you believe will provide the best level of service? Why?2. Compare and contrast the three options from the
Using Internet search engines, identify three WMS solutions providers. Describe the capabilities and supply chain impact that their tools promise.
How would a distribution operation monitor its service quality? What types of metrics would be used to evaluate operating performance of a DC?
What are the key support functions in a DC? Why are they important?
Identify and describe the five primary product-handling functions in a DC.
When designing a DC, what interior layout objectives and slotting principles must be considered? Why?
Why would a company such as Unilever, which produces a wide variety of consumer goods, use 3PL distribution services?
Compare and contrast the four primary functions of a DC: accumulation, sortation, allocation, and assortment.
1. How should Telco approach segmenting its customers? That is, on what basis (cost to service, profitability, etc.) should the customers be segmented?2. How should Telco tailor its service offerings
Assume an organization’s current service level on order fill is as follows:Current order fill = 80%Number of orders per year = 5,000Percent of unfilled orders back-ordered =
1. What are the issues associated with Playtime’s current forecasting process? What impacts, negative or positive, does this process have on the marketing, operations, supply chain, and finance
What are the similarities between the CPFR and S&OP processes? What are the differences?
1. Given the description of the product and the work that will occur in the guitar factory, which production process layouts could be considered? Which do you recommend? Explain.2. What types of
Describe how organizations can be more environmentally conscious in their use of packaging.
Discuss how packaging affects manufacturing and supply chain operations.
Discuss the concept of delayed differentiation and why it is considered to be a hybrid approach to product assembly. What types of products can benefit from delayed differentiation?
Describe the difference between capacity planning and material planning.
Discuss the reasons why U.S. based organizations are considering a nearshoring or re-shoring strategy.
1. Assuming that you are SVP supply chain at a leading merchandiser of fashion apparel, what do you feel would be the benefits and drawbacks of developing a business relationship with Trans-Global
What are the components of total landed cost? Is it realistic to expect companies to consider all of these components?
The MSSP process can be described in terms of a series of elements that should be used in the purchase of goods and services. Briefly discuss these elements.
1. The new Bigelow “network” is comprised of different product lines, with different geographies and volumes, with varying customer touch points (stores versus internet). How would you advise the
Compare and contrast the concepts of a marketing channel and logistics channel.
Explain how tapering rates, blanket rates, commercial zones, foreign trade zones, and in-transit privileges affect the facility location decision
Using the grid technique, determine the least-cost location for the following problems.
1. What is your overall evaluation of the potential for Jordano Fodds in this new relationship with SAB? Explain your position.2. What areas of logistics do you think have the most potential for
What product characteristics affect logistics costs? Discuss the effects of these characteristics on logistics costs.
Why do companies analyze their logistics systems from perspective of nodes and links?
Discuss the relationship between manufacturing and logistics. What are the tradeoffs between the two areas?
Explain the relationship between logistics and supply chain management?
How does logistics add value in the economy? How does logistics add value for firms? What, if any are the differences?
Explain the importance of logistics important on a macro level and the contributions of logistics to the economy?
Provide a definition of logistics and a rationale for why is it important in private companies and public organizations?
1. Explain the advantages of a trade agreement and how it might impact a company like red fish-blue fish? 2. What makes the demographics of the Asian countries attractive for future trade
What is the role of ports for global commerce and why is that role important? Is our current port infrastructure sufficient? Why or why not?
Why are regional trade agreements among countries so important in the global economy? What is your evaluation of NAFTA and its impact on the participating countries?
What is meant by the phrase “that supply chain security, especially on a globalbasis,” is a balancing act? Is the pendulum swinging in one direction or the other?
Why are customer service and its related strategy so important for companies operating global supply chains? Do you think that customer service is more important than lower cost to the customers?
What special role do supply chains play in the globalization of organizations? What contributions do successful supply chains make to companies?
What are the essential factors for economic growth and increased development of global trade flows? Why are they so important in today’s global economy?
Explain the underlying rationale for global trade and explain the difference between comparative and absolute advantage.
Which of the challenges provide the best opportunity for lvtls? why?
Discuss the Challenges faced by the Pharmaceutical Industry.
Describe the major challenges and issues facing supply chain in the future?
Supply chains encompass four flows. Describe the four flows, and why are they important? How are they related to each other?
Why should senior executives be concerned about supply chain management in their organizations? How can effective Supply Chain Management improve the financial viability of their companies?
Describe the three phases of the evolution of the supply chain concept
The consolidation that has developed at the retail end of many supply chains has had an important impact. What changes have occurred in supply chain management because of retail consolidation and the
Globalization and technology developments have led to some significant changes in the global economy. Discuss the importance of such changes to the United States. What is the impact upon supply

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