OM0012 SUPPLY CHAIN MANAGEMENT

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ASSIGNMENT

DRIVE	SUMMER 2016
PROGRAM	MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDOMN(SEM 1)
SUBJECT CODE & NAME	OM0012 SUPPLY CHAIN MANAGEMENT
BK ID	B1542
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Question.1. Mention some of the key issues of supply chain management.

Answer:Small and mid-sized companies today are just now starting to tap the value of developing and executing supply chain excellence strategies as large enterprises have been doing for years.  As the latter companies’ experiences have demonstrated, highly effective supply chains allow a company to operate at peak performance.  Executing supply chain excellence strategies can make favorable contributions to return on assets, margin, improved customer service and competitive advantage while generating more reliable metrics by which to measure success and foresee trouble spots.

Question.2. Discuss the issues that are considered while making network design decision.

Answer:Distribution professionals “see” their operations on a daily basis. Competitive pressures, mergers, acquisitions, new product lines and greater customer expectations are just the tip of the change iceberg for the modern logistics leader. On the surface, this continuum of change is just a cost of doing business in the latest “new economy

Question.3. What are the external factors that produce impact on the purchasing strategies?

Answer:The financial environment: The financial environment - which includes economic performance - has a major effect on how buyers conduct their procurement operations.

One of the main challenges the financial environment poses to businesses is currency fluctuation. Buy at the right time and return on investment can be huge; invest at the wrong time and you may see yourself losing money.

Question.4. Explain the methods used to create effective forecasts.

Answer:Forecasting is the process of making predictions of the future based on past and present data and analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental

Question.5. Write a short note on centralised versus decentralised control in supply chain

Answer:Centralization vsDecentralizationNowadays, two types of organizational structure can be seen, which are centralized and decentralized. Centralization of authority means the power of planning and decision making are exclusively in the hands of top management while in the case of Decentralization, the powers for the same has been disseminated by the top management to the middle or low-level management. There is a never ending debate between these two terms to prove which one is better. In this article, significant

Question.6. Trace the latest development in electronic procurement and explain its benefit.

Answer:Procurement and logistics processes are not as simple these days as getting goods from point A to point B – even less so on an international scale. Today’s supply chain management is about understanding and manipulating an easily overwhelming set of variables to achieve a deceivingly simple result: delivering on-time and within

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

  “ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

(Prefer mailing. Call in emergency )