Question: For your third milestone, you will analyze plans for inventory management and the impact of the manufacturer s production strategy, identify and analyze your centralized
For your third milestone, you will analyze plans for inventory management and the impact of the manufacturers production strategy, identify and analyze your centralized and decentralized distribution strategies, analyze the impact of production strategy and contracts, complete an analysis of performance measurements on your industrys supply chain, and discuss how the supply chain creates a competitive edge. This milestone is due in Module Seven.
Specifically, the following critical elements must be addressed:
Inventory Management:
Product Selling Season: Determine whether seasonal or generic products or both are sold. Determine if the selling is seasonal, steady, or hybrid.
Retail Inventory Strategy: Using the information you received from your interview with the industry retail store manager, determine what inventory policy strategies the store has adopted for order quantity, safety stock, and reorder level.
Impact of Manufacturers Production Strategy: What impact does the nature of selling have on the supply chain? Consider domestic and foreign supply base, safety stock levels, reorder points, and demand variability. Identify the production strategy for the company continuousmass production, batch production, or projectbased
Distribution Management:
Centralized Distribution Strategy: Describe your centralized distribution strategy. Explain why the strategy was selected and identify potential risks based on your distribution strategy.
Decentralized Distribution Strategy: Explain why the strategy was selected and identify potential risks based on your distribution strategy.
Product Supply Contracts:
Production Strategy and Contracts: Complete an analysis of the impact of the production strategy on the supply chain. Identify the appropriate production strategy and contracts for the supply chain, such as daily deliveries, weekly deliveries, and monthly deliveries of supplies. Consider stable ordering versus high variability. Be aware that multiple strategies may be employed. If more than one strategy is used, be sure to discuss when the contract approach is used and why.
Performance Measurements: Complete an analysis on how the industry supply chain performance is measured. Explain the performance measures used to measure performance for each of the following parts of the supply chain.
Manufacturing: Identify the performance measure and explain how they attempt to perform better than their competitors. Be sure to address addresses quality, cycle time, and takt time.
Distributors: Identify the performance measure and explain how they attempt to perform better than their competitors.
Retailers: Identify the performance measure and explain how they attempt to perform better than their competitors.
ThirdParty Logistics Company: Identify the performance measure and explain how they attempt to perform better than their competitors. Be sure to addresses cost, efficiency, and wavelength.
Supply Chain Competitive Edge: Discuss how the supply chain creates a competitive edge. Be sure to consider low cost, service levels, wide distribution network, and quality level in your response.
What to Submit
Your paper must be submitted as a to page Microsoft Word document with double spacing, point Times New Roman font, oneinch margins, and at least three sources cited in APA format.
Milestone Three Rubric
Criteria Exemplary Proficient Needs Improvement Not Evident Value
Inventory Management: Product Selling Season Meets Proficient criteria and demonstrates keen insight regarding important specifics of the product selling season Provides a description of the product selling season Provides a description of the product selling season, but determination is inappropriate or cursory Does not provide a description of the product selling season
Inventory Management: Retail Inventory Strategy Meets Proficient criteria and demonstrates keen insight regarding important specifics of invent
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