Supply Chains Operations Reference (SCOR) is a cross-industry supply chain diagnostic tool maintained by the Supply Chain Council.

Do SCOR card metrics help to improve the performance of organizations? Explain why or why not.

Global Supply Chains

Information technology has opened the gates for globalization. Let us discuss a few aspects of globalization.

What recent changes in information technology have led organizations to move to more global approaches to business?

Forecasting

Forecasting utilizes qualitative and quantitative methods to help organizations meet demand.

Explain why forecasts can be inaccurate, and discuss what can be done to improve the accuracy of forecasts.

Inventory Management

Inventory management simply means identifying the size and placement of stocks.

Discuss the risks and benefits of inventory size and location. Explain what companies can do to minimize their risks associated with inventory?

Aggregate Planning

Aggregate planning is the process of establishing the magnitude and timing of production over an intermediary time frame.

Are any of the following methods more effective for products or services? Please explain your response

• Linear programming

• Linear decision rule

• Search decision rule

• Management coefficient model

Resource Planning

Resource Planning for Manufacturing involves the use of Material Requirements Planning (MRP), Capacity Requirements Planning (CRP), and Enterprise Resource Planning (ERP) systems.

Are MRP, CRP, and ERP systems only applicable to manufactured products, or can they be used in services? Explain your response.

Lean

Lean focuses on removing wastes to increase the speed of processes, while Six Sigma focuses on improving quality.

Some companies use either Lean or Six Sigma exclusively to improve performance. Are there any benefits of using "Lean Six Sigma" as opposed to using "Lean" or "Six Sigma" exclusively? Please explain your response.

Scheduling

Scheduling is the process of determining how to utilize resources to maximize output. It is the last stage of planning before production.

Explain how unforeseen bottlenecks or constraints can impact scheduling and production. Discuss any actions that can be performed to minimize disruptions to production.