OM0012 – SUPPLY CHAIN MANAGEMENT

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ASSIGNMENT

DRIVE
FALL 2014
PROGRAM
MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) /
PGDFMN – (SEM 2)
SUBJECT CODE & NAME
OM0012 – SUPPLY CHAIN MANAGEMENT
SEMESTER
3
CREDITS
4
MARKS
60


Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

1 Write short notes on:
Intermodal transportation
Answer : Intermodal transportation. The movements of passengers or freight from one mode of transport to another, commonly taking place at a terminal specifically designed for such a purpose. In North America, the term intermodal is also used to refer to containerized rail transportation.

Intermodal transportation network.


Capacitated plant location model
Answer : The capacitated plant location problem with customer and supplier matching can be modeled as a mixed integer linear program, where the product distribution from plants to customers and the material supply from suppliers to plants are considered together. In order to save allocation cost, distribution trip and a supply trip is merged into one triangular trip. Moreover, vehicles from plants visit a customer and a supplier for each

Bulk shipments Purchasing strategies
Answer : It’s difficult to talk about procurement planning without mentioning procurement strategy, because procurement strategy is developed in conjunction with and during the procurement planning phase and is a key factor in determining the most appropriate procurement method given the complexity and monetary value of


2 Discuss the steps involved in the measurement of supplier performance.
Answer : The Supplier Development and Scorecard process at Measurement Specialties helps to ensure that the sourcing organizations can identify, qualify, monitor, and reward its supplier base. The main components to this program are:
Ø  Assess and Qualify
Ø  Measure and Scorecard
Ø  Rate and Recognize


3 Write short notes on:
Ø  Lead time reduction
Answer : The most effective way for businesses to reduce stock is by reducing the supply lead time. Lead time can be defined as the time it takes from when you first determine a need for a product until it arrives on your doorstep. If lead time was zero, inventory could be zero.
In a perfect world, imagine how simple business would be with a lead time of zero and orders being filled instantly. A customer could walk through the door of your business, place their order, and walk out happy with no



4 What are the issues faced in global supply chain?

Answer : Supply chain leaders must invest in developing their team’s skills to meet growing expectations about how procurement can support the business.

The five issues cited by The Chief Supply Chain Officer Report 2013 were:

·         The need to continue to reduce costs while improving customer service and supporting expansion in new markets and product lines. Some 68 per cent of respondents said operating cost reduction is “very important”, compared with 64 per cent in 2012.


5 What is standardisation? Explain the four approaches to standardisation?
A Explanation of standardization
Description of the approaches to standardization
 Answer : As a business owner, a key component to your business plan is likely how to promote your product. It's important to create an efficient, results-driven marketing and advertising strategy, especially if your product will be sold internationally. If this is the case, you may consider using a global standardization of marketing to sell your product, gain a larger customer base and increase sales and profits.

Global standardization refers to the process of



6 Discuss the impacts of e-commerce on SCM.

Answer : A production supply chain refers to the flow of physical goods and associated information from the source to the consumer. Key supply chain activities include production planning, purchasing, materials management, distribution, customer service, and sales forecasting. These processes are critical to the success of any operation whether they’re manufacturers, wholesalers, or service providers.

E-commerce impacts supply chain management in a variety of key ways. These include:

Cost efficiency:
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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or
Call us at : 08263069601
(Prefer mailing. Call in emergency )


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