A company operates a global supply chain network to deliver its products to customers around the world.
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Question:
A company operates a global supply chain network to deliver its products to customers around the world. The company has experienced challenges in managing logistics and ensuring timely delivery. As a supply chain manager, propose practical solutions to improve the company\'s logistics and supply chain operations. Consider factors such as transportation modes, warehousing, inventory management, and customer demand. Each question carry Marks: a Identify potential issues or bottlenecks in the company\'s current logistics and supply chain operations. b Suggest specific strategies to optimize transportation and reduce lead times. Consider factors such as transportation modes air sea, road, rail carrier selection, and route planning. c Propose improvements in warehousing operations to enhance efficiency and reduce inventory holding costs. Consider aspects such as warehouse location, layout, storage systems, and inventory tracking. d Discuss the importance of effective inventory management in the supply chain. Suggest strategies to optimize inventory levels, considering factors such as demand forecasting, safety stock, and reorder points. e Analyze the role of technology in logistics and supply chain management. Propose technological solutions that can streamline operations, improve visibility, and enhance communication among supply chain partners.
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