Questions and Answers of Supply Chain Management A Logistics

What is the role of the freight bill and the bill of lading in a transportation transaction?
What is the basic concept of multivendor consolidation? How do lSPs help achieve such consolidation?
Compare and contrast reactive and proactive consolidation. Provide an example of each.
Four aspects of transportation operations management were identified as:(1) equipment scheduling, (2) load planning, (3) routing, and (4) carrier administration. Identify a commercial transportation
Provide a definition and an example of strategic storage from a logistical system you are familiar with.
How do warehouses perform assortment?
What role can a warehouse play in postponement strategies?
What is the concept of market presence, and how does it relate to the functionality of warehousing?
Provide an illustration that highlights the differences between consumer and industrial packaging.
What is the primary purpose of bar coding in packaging? 1s the role of bar coding different in materials handling?
What trade-offs are involved in the use of returnable racks?
Until recently, why have automated handling systems failed to meet their expected potential? What changed to encourage automation in the 1980s?
Compare and contrast order selection and unit load automation.
What type of products and logistics applications are most suitable to ASIRS handling?
Compare and contrast economic, market, and relevancy value.
Illustrate the differences in product/service creation, presentation, and positioning.
Explain the folIowing statement: "The methodology is systems analysis and the theoretical framework is the systems concept."
Why is variance reduction important to logistical integration? Illustrate in terms of logistical operations.
What is the meaning of the phrase cradle-to-cradle logistics? Discuss the operational differences of original versus reverse logistics.
What creates power in the context of supply chain collaboration? Why do many observers feel power is shifting forward or closer to end consumers in many supply chain arrangements?
Demonstrate your understanding of the relationship between logistical capabilities and competencies by tracing the evolution of logistical work to universal competencies. Does this logic have any
Compare and contrast exportlimport operations to local presence. What are the logistics ramifications of each stage of international development?
Compare and contrast the role of ERP systems and planning systems in enhancing firm performance and competitiveness.
Compare and contrast the role of ERP systems and logistics execution systems.
Compare and contrast the role of supply chain ERP systems and advanced planning and scheduling systems in enhancing firm and supply chain competitiveness.
How can smaller firms remain competitive in the exchange or logistics information?
Discuss and compare the role that ED1 and the Internet will play in facilitating communication between supply chain partners.
Compare and contrast the role of ED1 and the Internet for logistics and supply chain information exchange.
Describe and contrast the role of RFDC and RFID for logistics and supply chain applications.
Discuss the relative benefits of software purchase, use of third-party providers, and use of application service providers.
Compare and contrast the benefits and risks of firm level, industry level, and cross-industry trade portals.
Discuss the relative differences between contact and noncontact scanning.
Discuss the rationalization for ERP implementation by firms involved in supply chain management.
Discuss the major challenges a firm should expect when implementing an integrated ERP system, including financial, supply chain, service, and human resource applications.
Discuss how the planning coordination and operation tlow differs for MTO and MTS firms.
Compare and contrast the role of planning coordination and operations in improving firm competitiveness.
Compare and contrast the drivers and the role of the MRP and the DRP systems.
Discuss why it is important to coordinate the arrival of procurement shipments with the dispatching of customer shipments.
Discuss the driver and role of the inventory deployment and management system.
Discuss the rationale and risks associated with using a common forecast to drive the firm's planning coordination flow.
Discuss the role of the CRM system in enhancing the firm's competitiveness.
Discuss how advanced WMS functionality will change the role of the distribution center in the supply chain.
Discuss the major supply chain APS applications with particular focus on the role and anticipated benefits for each application.
Discuss overall information flow and the major role of each APS system component.
Describe the major rationale and anticipated benefits for implementing advanced planning and scheduling.
Discuss the major considerations that a firm must address when implementing APS.
Compare and contrast the role of the forecast support system, forecast technique, and forecast process.
Discuss how error accountability can be a major factor in improving forecast performance.
Compare and contrast a performance cycle node and a link. Give an example of each.
How does the "quest for quality" affect logistical operations? Does the concept of total quality have relevancy when applied to logistics?
What is the logic of designing echeloned logistical structures? Can echeloned and direct structures be combined?
What is meant by availability in logistics customer service? Provide examples of the different ways to monitor a firm's performance in availability.
Compare and contrast speed, consistency, and flexibility as operational performance activities. In some situations, is one activity more critical than others?
Why is perfect order service so difficult to achieve?
Which of the gaps in Figure 3- 1 do you think represents the major problem for most firms? How can a company attempt to eliminate the knowledge gap? The communications gap?
How could a company use the four-stage process of cost-effectiveness, market access, market extension, and market creation to gain competitive superiority?
Why is specialization so critical to distribution efficiency?
Given the principle of minimum transactions, explain why it is possible to have too many participants in a distribution channel.
What is the primary logic behind potential separation of marketing and logistics channel structure?
How does the risk related to inventory compare among manufacturers, wholesalers, and retailers?
Why wouldn't a manufacturer desire to always have intensive distribution coverage?
How could the matrix approach to design be applied to logistics activities?
Distinguish between the four types of relational collaborative arrangements.Provide an example of each.
What do you believe will be the impact of the Internet on market distribution by 2010?
What is a shipper's responsibility when terms of purchase are F.O.B. origin?F.O.B. destination? Why would a shipper prefer one over the other?
Why can the current movement toward establishing supply chains be characterized as a revolution?
Describe "integrative management." Be specific concerning the relationship between functionality and process.
In terms of enterprise extension, describe the importance of the information sharing and process specialization paradigms.
Discuss and support the following argument: "Supply chain arrangements may reduce consumer value."
If the flow of materials is properly co-ordinated there is no need for stock and, therefore, no need for warehouses. When do you think that warehouses will disappear from the supply chain?
Warehouses used to be places where goods were stored, often for long periods, until they were needed. A more recent view has warehouses as places where loads are reorganised on their journey through
Many organisations are using specialist third party suppliers for warehousing. What are the benefits of this? What are the different types of arrangement for third party warehousing?
Why is the layout of warehouses important? Supermarkets are really one type of warehouse, so the same factors will be important in each. Is this true?
Automation is bound to give the most efficient warehouses, so everyone should move in this direction. Will all warehouses eventually be automated?
We are often told that packaging is a major problem for waste disposal. Why is there so much packaging, and how can the amount be reduced?
‘Transport is becoming increasingly less important, as e-commerce and other developments become widespread.’ Do you think that this is true?
What types of technology are used in transport? How do you expect this to change in the future?
For most organisations road transport is the only realistic mode of transport. If this is true, why do so many people disapprove of heavy lorries? Are there any noticeable trends in the choice of
One of the major trends in logistics is the move towards contract transport. Why?
An organisation with weak transport management suffers as it gives worse performance than more competent competitors and becomes uncompetitive; one with strong transport management may be diverting
There has been a huge amount of work done to develop optimal solutions to routing problems. In reality, most of this work remains theoretical and has not been implemented.Why is this?
What are the main differences between logistics within a single country and logistics that span a number of different countries? What are the specific problems of working internationally?
By their nature, all supply chains must be international. Do you think this is true?
Some regions of the world present particularly difficult problems for logistics. What regions do you think might prove difficult to work in, and why?
There is a growing number of free trade areas. Why? Do they really allow free trade between members? If free trade is such a good idea, why do countries not simply remove all their duties and tariffs
Why are companies moving towards global operations? What are the implications for logistics?
The demand for an item is constant at 200 units a year. Unit cost is £50, cost of processing an order is £20 and holding cost is £10 per unit per annum. What are the economic order quantity,
Jean Jeanie spa. work 48 weeks a year to meet demand for jeans which is more or less constant at 200 units a week. They pay £20 for each pair of jeans and aim for a return of 20% on capital
Demand for an item is steady at 40 units a week and the economic order quantity has been calculated at 150 units. What is the reorder level when the lead time is:(a) 1 week (b) 3 weeks (c) 5 weeks
Fenicci e Fantocca forecast demand for components to average 18 a day over a 200 day working year. Any shortages disrupt production and give very high costs. The holding cost for the component is
A company advertises a 95% cycle-service level for all stock items. Stock is replenished from a single supplier who guarantees a lead time of 4 weeks. What reorder level should the company adopt for
Wolfgang Heinz stocks an item with a unit cost of $80, reorder cost of $100 and holding cost of $2 a unit a week. Demand for the item has a mean of 100 a week with standard deviation 10.Lead time is
Describe a periodic review system with an interval of two weeks for the company described in Problem 10.5.Problem 10.5A company advertises a 95% cycle-service level for all stock items. Stock is
A small store has ten categories of product and the following costs and annual demands:Do an ABC analysis of these items. Product Unit Cost (Dm) Annual demand ('00s) H1 60 3 m 232 P2 A3 X1 75 382 R
What costs are incurred by holding stock? Some organisations try to reduce stocks by making to order, or guaranteeing delivery within a specified period. Do such methods really reduce inventory costs?
What factors in real inventory control are not included in the economic order quantity model? If the costs of holding stock are so difficult to find, how reliable are the results from this kind of
What should you consider when setting a service level? How can a hospital set a reasonable service level for its supplies of blood for transfusions?
We have now seen how stocks can be controlled by MRP, JIT and independent demand systems. When would you use each of these? Are there any other methods?
What features would you expect to see in an automated inventory control system? Look at some commercial packages and compare the features they offer.
Stocks are an inevitable. Methods like JIT only transfer stocks from one part of the supply chain to another. To what extent do you think this is true?

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