Question
Section C essay (15 marks) 1. Supply Chain Management means (2 Marks) ......................... .................................. ............................................................................................. ............................................................................................... ............................................................................................... ............................................................................................... 2. What exactly is supply chain model,
Section C essay (15 marks) 1. Supply Chain Management means (2 Marks) ......................... .................................. ............................................................................................. ............................................................................................... ............................................................................................... ............................................................................................... 2. What exactly is supply chain model, discuss the elements. (3 Marks) ............................... ......................................................................................... ........................................................................................... ........................................................................................... ............................................................................................1a. Discuss how the organization can improve delivery (2 Marks) b. Discuss Company's returns and its impact to supply chain (2 Marks) 2.Consider a shirt-manufacturing process. There are five steps of manufacturing and three storage points. The store stocks raw material and other materials such as buttons and thread. The cloth is moved to the first stage of processing where it is systematically spread out and the relevant markings are made. After this, it is sent for cutting. Once the cutting operation is complete, various individual pieces that make up one shirt when put together are segregated into two bundles. One bundle goes to the first stitching operation while the other bundle goes to the second stitching operation. After stitching is complete, they are temporarily stored. The assembly process consists of matching the pieces and attaching them into a completed shirt. Assembly operation is followed by an inspection and pressing operation. Finally, the shirt is stored. Required: Prepare a process chart for the above process (2 Marks). 3. Describe the meaning and benefits of INCOTERMS (2 Marks) a. Interpret the meaning of the following terms under INCOTERMS: EXW, FCA, CFR, CIF, CIP, CPI, FOB, and FAS (2 Marks)
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