Question
Please help me with the following assignment: The sections below list the key building blocks of the the of plan for the startup's supply chain.
Please help me with the following assignment:
The sections below list the key building blocks of the the of plan for the startup's supply chain. The final plan should reflect the network between the startup and its supplier(s) that enables the production and distribution of assembled product (sensors) with components from another market. The plan should align with a supply chain system with key components including raw materials, supplier(s), manufacturer, distributor, retailer, (i.e., the steps it takes to get the product from its original state to the customer). Required resource to use: Venkataraman, R. R., Pinto, J. K., Operations Management: Managing Global Supply Chains
Please elaborate in detail using outline below:
Procurement Planning:
- Essential Goods or Services needed
- Supplier Selection
- Strategic Sourcing
- Purchasing and Bid Review Process
- Type of Contract
- Supplier Performance Evaluation
- Supplier Risk Management
Production Planning:
- Demand Forecast
- Potential Options for Manufacturing (i.e., Plant location and Production System)
- Elements of Lean Systems
- Master Schedule for Production
- Managing for Quality
- Production Monitoring and Controlling
- Production Optimization Plan
Distribution Planning:
- Distribution Goals and Objectives (i.e., Minimizing warehouse and transportations cost)
- Distribution Flowchart
- Order Fulfillment Plan
- Warehousing and Inventory Management
- Type of Inventory
- Inventory Cost
- Inventory Management Measures
- Transportation Modes and Logistics Outsourcing Plan
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