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1. List the seven Supply Chain Execution sub-processes? Provide a brief description of each sub-process and explain how analytics can be used to improve the
1. List the seven Supply Chain Execution sub-processes? Provide a brief description of each sub-process and explain how analytics can be used to improve the performance of the subprocesses. 2. What is meant by 'time series' forecasting models? What are the main time series forecasting techniques? Why would you use one particular time series technique over any of the others? 3. With the aid of an example, show how 'causal' forecasting models differ from time series models. Under what circumstances would you use a causal model instead of a time series model? 4. With the aid of an example, explain how time-series analysis is used to develop forecasts for a time series exhibiting random, trend and seasonality driven variations. 5. How can the Theory of Constraints (TOC) be used to help with the Supply Chain planning activities of order fulfilment? Use an example to embellish your answer. 6. Explain how the Kanban methodology can be used to manage Supply Chain inventories. Use and example to illustrate your answer. 7. Statistical Process Control (SPC) has been used for many years as a process performance improvement tool. Explain how SPC can be used to improve a Supply Chain Execution subprocess of your choice. Include a description of 'Control Charts' in your answer explaining what they are and how they can be used to assist with process performance improvement. 8. Explain via example, how mathematical programming can be used to help make better flow routing decisions (Hint: Transportation and Transhipment)
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