Explain why each of these is critical for a successful supply chain operation:a. Integrated technologyb. Information sharingc. Trust among trading partnersd. Real-time information availabilitye. Event-response capabilityf. Procurementg. Risk management
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Explain why each of these is critical for a successful supply chain operation:
a. Integrated technology
b. Information sharing
c. Trust among trading partners
d. Real-time information availability
e. Event-response capability
f. Procurement
g. Risk management
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- a) Provide the Colgate- Palmolive strategies that make highly efficient supply chainoperation. Answer should not be less than 600 words. Elaboration and examples are must. Thank you.Below are the weaknesses/ disadvantages of Direct procurement. 1. Risk of stock-outs 2. Relatively high costs 3. Quality standards 4. Handling Relationships How do we overcome those weaknesses?1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above PS: OPTION D INCORRECT 2.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above PS: OPTION B INCORRECT
- 4. Jay is a senior buyer at an electronics factory. He plans to provide an orientation training to his junior buyers on the importance of information in supply chain.(a) Analyse the characteristics of good information with relevant examples.(b) Discuss the challenges of information technology management. answer guidelines - (a) to analyse characteristics of good information with example - appropriate, accuracy, accessible when needed - (b) to discuss the challenges of information technology management. cybersecurity threat, incomplete data (GIGO), high implementation cost, lack of knowledge/resources1. Supply Chain focuses only on the physical movement of material and supplies Select one: a. False b. True 2. One of the other departments or functions within an organisation is referred to as servitization. Which of the following statements describes servitization. Select one: a. A transformation process wherein production organisations embrace a service orientation and/or develop more and better services b. Selling the goods or services of the organisation c. Purchasing raw materials, machinery and equipment for the organisation d. Providing management with the relevant information that will enable it to manage effectively and efficiently 3. For each supply chain driver, managers must make tradeoffs between Select one: a. Efficiency and responsiveness b. Costs and benefits c. Time and responsiveness d. Cost and performance e. Value addition The Certainty in decision environment of strategic decisions alludes to: Select one: a. Costly…What is a supply chain? What is the purpose of supply chain management systems?2. What is the purpose of cost accounting ISs?3. What is the relationship between CAD and CAM systems?4. What are the concerns in cash management, and how do cash management ISs help finan- cial managers?5. What is time to market? How have ISs affected time to market?6. In brief, what is the purpose of customer rela- tionship management systems?7. WhatarethetypicalcomponentsofERPsystems?8. Although technologically the full linking of the SCM systems of suppliers and buyers is feasible, many buyers are reluctant to do so. Why?9. Why do the ERP installation and testing of systems require that experts be involved? Whydoes the implementation of so many ERP sys-tems face severe challenges or totally fail?10. What is EOQ? Which two problems do ISs thatcalculate EOQ help minimize?11. What is JIT? How do MRP and MRP II systems help achieve JIT?12. For the human resource managers of some orga- nizations the entire…
- 2 ) While design for manufacturing often focuses on aspects of product fabrication, this type of analysis addresses many processes that can affect the supply chain. Explain how each of the factors of “Design for Manufacturing” can impact onthe supply chain process of Whirlpool Corporation. Note this is not an essay question.Hi there can you please assist me wi the following question below 1.1 There are three important bid committees that are necessary to ensuretransparency of the procurement process. In your own words, differentiatebetween the Bid Specification Committee and the Bid Adjudication Committee 1.2 Using the example of a catering company, i.e., making and selling food, explain thefirst three components of supply chain management in relation to the above example.You are required to:• Identify the first three components of supply chain management.• Explain each of the components.• Explain each component in relation to the example provided.MCQ 1-Evaluation of supplier performance in supply chain to determine whether or not to be a future supplier is known as _____a. Supply chain clarification. b. Supplier qualification c. Supply chain performance d. Supply chain quality performance. 2-International standards are used in supply chain to_____ a. Find new methods to develop products. b. Add new frame to the production process. c.Add luxury to the organisation look. d. Filter suppliers. 3-In organization, strategic options are developed based on_____a. Analysis of goals, mission and value of market. b. Analysis of vision, goals and suppliers. c. Analysis of vision, goals and mission.d. Analysis of mission, goals and products.
- 1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above 2.Which of the following costs do not come under inventory carrying cost calculation? A)Investment in a software for updating stock position online B)Investment in stores space C)Salaries of procurement personnel D)Cost of maintaining the inventory stocks 3.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the aboveEFG reports annual sales of $ 30 million, annual cost of goods sold of $ 15 million, inventory of $ 5 million and net income of $ 2 million. What is the months of supply for EFG ? Show all formulas used, calculations and results. Do on Canvas RST has monthly turns of 4, annual cost of goods sold of $ 12 million, and annual revenue of $ 36 million. What is the average inventory ? Show all formulas used, calculations and resultsWhat is a comprehensive strategy for staff accommodation, e.g. worksite camps, house rental, security, etc,training for transfer of ESHS knowhow to temporary workforce and subcontractors as well as a strategy for guaranteed labour rights in the supply chain, e.g., OHS requirements, child labour, forced labour and modern slavery.
