Question: Supply chain management is important because it helps an organization to achieve several business objectives. 1. In your opinion, why should an organization understand its

Supply chain management is important because it helps an organization to achieve several business objectives.

1. In your opinion, why should an organization understand its supply chain? Discuss at least five (5) reasons.

[10 marks]

Manufacturing is one of the four (4) components in the integrated enterprise division.

2. Using your own examples, list and explain all five (5) frequently used manufacturing strategies for profit planning and profit maximization.

[10 marks]

Supply Chain Management (SCM) and Logistics may overlap at times. There are, however, some key differences between the two.

3/a. Define SCM and Logistics.

[4 marks]

b. Elaborate at least three (3) objectives of logistic management.

[6 marks]

A logistic network refers to the system an organization adopts to move goods from their raw state through production and to customers.

4.In configuring a logistic network, there are at least five (5) determinants affecting the decisions. List and describe them.

[10 marks]

In our modern world, logistics has become an essential part of every business. Logistics is integral to every aspect of the supply chain.

5/a. List and describe any two (2) types of party logistic (PL) providers.

[4 marks]

b. Discuss any three (3) methods in managing logistics more effectively.

[6 marks]

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