Questions and Answers of Supply Chain Management global

Discuss how supply chain information systems can provide a competitive advantage for the firm?
Discuss how Blockchain and tracking systems provide value to a firm’s customers?
Compare and contrast supply chain transaction management, decision analysis, and strategic planning systems
Describe the benefits provided by Blockchain technology.
Compare and contrast a firm having its own information systems, cloud computing, and software as a service?
Discuss the role of TMS, WMS, and YMS in Supply chain Execution?
Discuss the role of Supply Chain event management systems in supply chain competitiveness?
What additional value-added services could True Value consider partnering with Yusen Logistics to implement? What could the benefit or drawback of this strategy entail?
Gillette has involved itself in Omni-Channel marketing by establishing a subscription service for razor blades delivered to consumer homes. How does this differ in terms of service outputs from its
In general, what challenges do you think a manufacturer of consumer goods faces in implementing an Omni channel approach?
Explain the customer satisfaction “gaps” shown in Figure 4.1.Data from Figure 4.1. CUSTOMER SELLER Word of mouth communications GAP 1 GAP 6 GAP 5 GAP 3 GAP 2 FIGURE 4.1 Satisfaction and Quality
Describe the S&OP process. What are the major trade-offs that must be considered?
Describe the major components of an advanced planning and scheduling system. What are the major challenges in implementing such a system?
How does a firms’ marketing strategy impact its decisions regarding the appropriate manufacturing strategy?
What could the long-term impacts of the electronic logging device mandate be on the trucking industry? Assume both positive and negative potential impacts. What participant in the supply chain (e.g.
How might the growth of e-commerce affect existing shipper relationships?
Given the fact that both the Navy and the Air Force regularly fly pilotless aircraft for surveillance and combat missions, the idea of a driverless fork truck seems somewhat of a no-brainer. Why not
Describe the relationship among firm revenue, cost, and the number of stock keeping units.
Describe the rationale for the increased shortage of supply chain talent. Discuss the key tasks to ensure that a firm has an adequate supply of talent
Describe some of the logistics and supply chain challenges related to security, regulatory, and compliance.
Describe the internal and external forces that drive SKU complexity.
Discuss the implications of supply chain risk on supply chain cost.
Describe the internal and external forces that drive SKU commonality.
Describe the types of functional skills that are necessary to effectively manage the supply chain?
Discuss the role that duties and taxes play in logistics and supply chain design. What are some of the unique characteristics regarding the role of duties and taxes?
What are the trade-offs associated with product complexity versus product commonality? Discuss the initiatives that firms can use to manage product complexity.
What role does purchasing play in capital equipment purchasing?
Discuss the reasons why a company may want to invest in new equipment instead of used equipment.
What are the advantages and disadvantages of leasing as a financing option?
What are the evaluation criteria for the lease-versus-buy decision?
Discuss the purchasing process for supplies and services in the healthcare field.
How does supply management work in the health care industry?
Define group purchasing in the healthcare field.
What percentage of the GNP is accounted for by the healthcare sector?
How are governmental mega projects procured?
What are global sourcing trends? Give at least three real-world examples from the internet.
Discuss some of the complexities of global outsourcing? Give specific examples.
What are the advantages of using the Taguchi method?
How does the Taguchi philosophy affect the purchasing department?
What are the requirements of an enforceable contract? Provide specific examples.
What are the differences between the classical EOQ inventory system and MRP?
Does JIT really provide the solution to most manufacturing problems in the United States?
What are some of the benefits of supplier partnerships?
What are the critical implementation factors?
What are the critical success factors for supply chain partnerships?
How is supply chain power associated with the purchasing function?
Why should the purchasing department be concerned with a firm’s overall quality assurance program?
What factors do power have influence over in the supply chain?
What is ISO 9000 and why is it important to a purchasing professional?
Discuss how TQM affects productivity.
Compare and contrast the two unique types of purchasing categories in the business world.
The purchasing function can easily contribute to profitability. Please discuss this statement. What is the profit leverage effect of purchasing?
What is meant by “integrative materials management?”
What is meant by “supply management?”
Discuss the issue of centralization versus decentralization as it applies to the purchasing function. What are the advantages of centralized purchasing organizations? What are the disadvantages of
What are some of the careers in purchasing?
What are the most well-known professional purchasing associations?
Why should the purchasing professional be concerned with strategic planning?
What are the components of purchasing strategy?
What decision areas are associated with purchasing strategy?
What is meant by “partnership?” Please categorize the four factors of partnerships.
Discuss the elements of the proposed buying model.
Describe the elements of a strategic purchasing plan.
Describe the supply chain relationship quality indexing process.
What tasks are allocated to the purchasing function? What are the legal issues associated with the purchasing function?
What is meant by purchasing authority? Give examples of each type of purchasing authority.
How does implied authority relate to express authority? Give specific examples.
Discuss the liability issues associated with purchasing agents’ actions.
Compare and contrast an invitation to bid with an offer.
What are the four outcomes of an offer?
Explain how the purchasing agent can protect the company against a revoked offer.
Discuss the legal impact of the information age on the purchasing function.
What is an electronic signature?
Discuss the relationship between material requirements planning and capacity planning.
What is the relationship between capacity planning and inventory management?
What are the costs associated with quality? How does quality relate to the purchasing function?
What are the differences between independent and dependent demand?
Discuss the various inventory costs.
What is the relationship between purchasing and the classical EOQ model?
How are quantity discounts evaluated when using the classical EOQ model?
What is meant by ABC analysis?
What are the cost implications of various lot-sizing methods.
What is meant by just-in-time (JIT) purchasing?
What are the elements of JIT purchasing?
What are problems associated with implementing JIT purchasing?
What are some of the expectations of the suppliers?
What are some of the advantages of JIT purchasing?
How does JIT purchasing affect order costs and lead time?
What are the procedural objectives for sound purchasing systems? What are the procedural objectives for sound purchasing systems?
What is systems contracting?
What is meant by total cost of ownership?
What are reverse auctions?
What are the steps in the Lewin–Schein theory of change?
What are the advantages and disadvantages of purchasing technologies?
How has the internet changed the purchasing function?
What is outsourcing?
Why do firms outsource business processes?
How is outsourcing similar to, or different from, contracting, make versus buy, and joint venturing?
How does supply chain risk management relate to outsourcing?
Discuss in detail what is meant by “core competence.”

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