Questions and Answers of Supply Chain Management global

Describe Near Field Communication (NFC), its relationship with RFID, and its applications.
Describe the difference between annual physical inventory count and cycle counting.
Given the following information for a part manufactured in-house, can you compute the economic manufacturing quantity? Provide a brief explanation to support your answer.Annual demand
Kopi Luwak produces the world’s most expensive coffee by using coffee beans that have been digested by wild civet cat. The coffee beans, widely known as “cat poop coffee” can be packaged in one
How could you apply sustainability to a supply chain?
What are the three P’s? What do they have to do with sustainability?
What is a fair trade product? Could farmers in the U.S. make fair trade products?
How could purchasing goods from suppliers in developing countries be risky? How should firms reduce this risk?
In what ways is corporate social responsibility different from business ethics?
What are some of the risks of ethical sourcing? How about the potential advantages? Do you think ethical sourcing is a good practice? Why?
What do business ethics, utilitarianism, and rights and duties have to do with ethical sourcing?
1. Using Table 4.1, replace two of the four criteria Ms. Bentley and her staff decided on. Explain why your two choices are more suitable to use to evaluate the suppliers. 2. Go to
1. Clearly, if Fitz-Simmons’ clientele have good supplier relationships, they have worked at supplier development. If they want to maintain those relationships with their suppliers, what are some
1. Johnathan Robert suggested that segmenting their suppliers would enable supply base optimization. Utilize the Internet to research ways to segment suppliers. Find at least three categories of
How can supplier development and relationships help in avoiding scandals such as product fraud and recalls, which are damaging to an organization’s reputation and profitability?
What is supplier certification? Why do companies want to have a supplier certification program?
Are sustainability issues influencing purchasing decisions? What are the benefits of ISO 14000 certification?
Describe the steps needed to develop a successful supplier development program.
What are the benefits and challenges of investing in supplier development program?
Explain why the majority of strategic alliances fail.
Describe the key performance indicators used to objectively measure the performance of supplier relationships.
Explain how manufacturers can leverage their suppliers to gain a competitive advantage.
Explain how an organization can manage its suppliers more effectively.
1. Is Ms. Forrester’s choice of C3 Behavior the best way to measure suppliers moving forward? If so, explain the benefits of using C3 Behavior. If not, then provide another option and justify your
The Michelle Equipment Company is in the process of ranking its suppliers for one of its key components. To assist in the evaluation process, the information on the three suppliers is shown in the
Compare and contrast the arm’s-length/adversarial and partnership approaches to the customer-supplier relationships.
1. Are the four intrinsic characteristics the best ones to base the relationship performance measures for Donnell Truong Ventures? If not, what characteristics would be more suitable? In either case,
The Dominguez Hills Manufacturing Company is performing an annual evaluation of one of its suppliers, the Carson Company. Bo, purchasing manager of the Dominguez Hills Manufacturing Company, has
Explain the importance of supplier relationship to the performance of an organization.
Describe Tier-1, Tier-2, and Tier-3 suppliers.
A buyer received bids from three suppliers for a vital component part for its latest product. Given the following information, use total cost analysis to determine which supplier should be chosen.
Given the following information, use total cost analysis to determine which supplier is more cost-effective. Late delivery of raw material results in 60 percent lost sales and 40 percent back orders
A Las Vegas, Nevada, manufacturer has the option to make or buy one of its component parts. The annual requirement is 20,000 units. A supplier is able to supply the parts for $10 each. The firm
Ms. Jane Kim, Purchasing Manager of Kuantan ATV, Inc., is negotiating a contract to buy 20,000 units of a common component part from a supplier. Ms. Kim has done a preliminary cost analysis on
You are given the following information:a. Find the break-even quantity and the total cost at the break-even point.b. If the requirement is 4,500 units, is it more cost-effective for the firm to buy
A retailer in Las Vegas has an ending inventory of $250,000 as at December 31, 2012 and the following accounting information.a. Compute the monthly inventory turnover ratio for each of the twelve
If a firm’s inventory turnover is 8 times and its average inventory is $160,000, what is the cost of goods sold?
If a firm’s cost of goods sold is $5 million and its inventory turnover is 10 times, what is the average inventory?
If a firm’s cost of goods sold is $2.5 million and its average inventory is $500,000, what is the inventory turnover?
If a firm is able to sustain the same level of operations in terms of sales and administrative expenses but reduces its materials cost by $50,000 through smarter purchases, what is the
If a firm’s total assets is $2.5 million and its return on assets is 12 percent, what is its net income?
If a firm’s net income (profits before taxes) is $120,000 and it has total assets of $1.5 million, what is its return on assets?
What are some things supply chain members could do to improve sustainability?
What are big data and data analytics? How might they be used in supply chains?
Does a global supply chain have more risk than a domestic supply chain? Why?
At what point should a supplier be considered to have a strategic partnership with a firm?
Should companies require their suppliers to get certified if they are performing well?
What is the triple bottom line and how would you describe it for Walmart?
What is demand management and why is this an important part of supply chain management?
What is the difference between supply chain management and logistics?
Why don’t firms just become more vertically integrated (eg. buy out suppliers and customers), instead of trying to manage their supply chains?
Can a bicycle repair shop have more than one supply chain? Explain.
1. All players but the retailer should answer this question. What do you think the retailer’s customer demand pattern looked like? How did your customer orders vary throughout the game?2. What
What strategies and steps can organizations pursue to combat the SCM talent shortage?
How is the role of supply chain professionals evolving? What skills will managers need in the future to succeed in this profession?
Distinguish between a value stream and a waste stream for reverse flows. Give examples of each.
Why is sustainability such a complex and challenging issue for organizations? How can they simplify these challenges from a supply chain perspective?
1. To obtain the necessary technological capabilities should GRI license software or purchase access via the Software as a Service model? Explain. 2. What types of software does GRI need to
1. As its customer base grows and becomes more diversified, how will the information requirements of the IDI supply chain change? 2. Given its anticipated volume growth and inventory variety
How will the Internet of Things, mobile connectivity, and automation drive change in a supply chain?
Review the methods used by supply chain managers to mitigate SCIS implementation risks.
Describe how a supply chain information system enables process excellence and links the essential elements.
Describe the attributes of information quality and how they impact supply chain decision making.
1. If you were hired as a consultant to develop these KPIs for WD, how would you assess what KPIs they should be measuring? In general, what areas of service and cost would these KPIs address? Be
Construct a financial model to determine the redelivery/rehandling cost, lost sales, invoice dedution cost, and net income for the following:a. On-time delivery increases from 90 percent to 95
Using a spreadsheet computer software program, construct a supply chain finance model and calculate the profit margin; ROA; inventory turns; and transportation, warehousing, and inventory costs as a
1. What rationale is offered by HQ Depot in support of the idea of using a 3PL? Do you agree with the reasons cited for the interest in a 3PL?2. Based on your understanding of HQ Depot and its
1. Describe the elements of the value proposition for the member-manufacturers of Quik Chips (QC). What would be the elements of the value proposition for the mobile technology manufacturers that are
What are some example types of services that may be available from a 4PL provider?
How would you distinguish between the following terms: alignment; relationships; and collaboration
1. Calculate the performance score for each of the three carriers.2. Which carrier would you recommend that Bob consider for elimination? Why?3. If Bob decides to keep all three carriers, what should
1. What responsibilities, control, and costs does V2 bear under each of the FOB terms offered? 2. What is the delivery cost and landed cost per unit for each speaker delivery
Identify and discuss appropriate modes of transportation for the following items:a. Apple iPhonesb. Under Armour running shoesc. Organic fruits and vegetablesd. Pressure treated lumber
Should the Internet be considered the sixth mode of transportation? Why or why not?
1. Help McDavis with the analysis by calculating KPIs for: (a) Unit fill rate; (b) Fulfillment accuracy; (c) Document accuracy; (d) On-time dispatch; and (e) Productivity. 2. Compare your KPIs to
1. Compare and contrast the three options from the perspective of customer service. Which do you believe will provide the best level of service? Why?2. Compare and contrast the three options from the
Using Internet search engines, identify three WMS solutions providers. Describe the capabilities and supply chain impact that their tools promise.
How would a distribution operation monitor its service quality? What types of metrics would be used to evaluate operating performance of a DC?
What are the key support functions in a DC? Why are they important?
Identify and describe the five primary product-handling functions in a DC.
When designing a DC, what interior layout objectives and slotting principles must be considered? Why?
Why would a company such as Unilever, which produces a wide variety of consumer goods, use 3PL distribution services?
Compare and contrast the four primary functions of a DC: accumulation, sortation, allocation, and assortment.
1. How should Telco approach segmenting its customers? That is, on what basis (cost to service, profitability, etc.) should the customers be segmented?2. How should Telco tailor its service offerings
Assume an organization’s current service level on order fill is as follows:Current order fill = 80%Number of orders per year = 5,000Percent of unfilled orders back-ordered =
1. What are the issues associated with Playtime’s current forecasting process? What impacts, negative or positive, does this process have on the marketing, operations, supply chain, and finance
What are the similarities between the CPFR and S&OP processes? What are the differences?
1. Given the description of the product and the work that will occur in the guitar factory, which production process layouts could be considered? Which do you recommend? Explain.2. What types of
Describe how organizations can be more environmentally conscious in their use of packaging.
Discuss how packaging affects manufacturing and supply chain operations.
Discuss the concept of delayed differentiation and why it is considered to be a hybrid approach to product assembly. What types of products can benefit from delayed differentiation?
Describe the difference between capacity planning and material planning.
Discuss the reasons why U.S. based organizations are considering a nearshoring or re-shoring strategy.
1. Assuming that you are SVP supply chain at a leading merchandiser of fashion apparel, what do you feel would be the benefits and drawbacks of developing a business relationship with Trans-Global
What are the components of total landed cost? Is it realistic to expect companies to consider all of these components?
The MSSP process can be described in terms of a series of elements that should be used in the purchase of goods and services. Briefly discuss these elements.
1. The new Bigelow “network” is comprised of different product lines, with different geographies and volumes, with varying customer touch points (stores versus internet). How would you advise the
Compare and contrast the concepts of a marketing channel and logistics channel.
Explain how tapering rates, blanket rates, commercial zones, foreign trade zones, and in-transit privileges affect the facility location decision
Using the grid technique, determine the least-cost location for the following problems.

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