BCA6023– Supply Chain Management

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ASSIGNMENT

DRIVE	FALL 2016
PROGRAM	BACHELOR OF COMPUTER APPLICATION
SEMESTER	6
SUBJECT CODE & NAME	BCA6023– Supply Chain Management
BK ID	B1962
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.

Question. 1. Write any 10 benefits of SCM

Answer: It’s clear that there are many benefits of supply chain management, but what exactly are those benefits? Effective SCM achieves more accurate information, along with the ability to carry out better sales forecasting. Other benefits include building stronger partnerships and supplier networks, balancing out supply and demand, improving business plans and working strategies, predicting transportation requirements, planning

Question. 2. Explain the key issues in supply chain management.

Answer: Managing inventory goes beyond counting how many boxes of pencils are sitting in your warehouse. It involves keeping enough inventory on hand so your company can be flexible while meeting all customer and client expectations. Timing orders appropriately will ensure all items (or components of an item) arrive at the designated time without your company facing major delays. This also involves carrying enough stock so your company doesn’t run out—but not so much stock that profits are affected.

Managing Suppliers

Question. 3. Describe any 5 common features of Enterprise Resource Planning (ERP)

Answer: ERP or Enterprise Resource Planning software provides and cover variety of essential functions that integrates every department of your business around the world by providing real-time view of your data and processes. ERP also streamline every department workflows for better decision making and growth. An ERP software package can help your business in many ways some of them are as follows:

Question. 4. With a suitable figure, explain the architecture of Decision Support System.

Answer: A decision support system (DSS, also known as decision-making software - DMS) is a computer-based information system that supports business or organizational decision-making activities,typically resulting in ranking, sorting or choosing from among alternatives. DSSs serve the management, operations, and planning levels of an organization (usually mid and higher management) and help people make decisions about

Question. 5. Describe any 5 critical operating performance objectives that the Logistics possess.

Answer: Transportation is among the more vital economic activities for a business. By moving goods from locations where they are sourced to locations where they are demanded, transportation provides the essential service of linking a company to its suppliers and customers. It is an essential activity in the logistics function, supporting the economic utilities of place and time. Place utility infers that customers have product

Question. 6. What is demand driven strategy in manufacturing? Explain.

Answer: Demand-driven manufacturing (DDM) is an approach to manufacturing where production is based on actual orders rather than forecasts. DDM is also referred to as flow-drived manufacturing (FDM) or just-in-time (JIT) manufacturing.

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