Thursday, 22 June 2017

OM0012 Supply Chain Management

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PROGRAM
Master of Business Administration - MBA
SEMESTER
III
SUBJECT CODE & NAME

OM0012 Supply Chain Management

Qus:1 Write short notes on Supply Chain Management Process and Supply Chain Management Decisions.
Answer: Supply Chain Management (SCM) is the process that plans, implements and controls the operations of supply chain to meet the customers’ requirements. SCM process is carried out as a step-by-

Qus:2 Write a short note on Managing Inventory in Supply Chain Management. What are the various Inventory costs?
Answer:  Defective inventory can cause operation disruptions, stock shortages and overages, and purchasing difficulties that may result in increased cost, customer dissatisfaction, or even cancellation of orders. Thus, inventory management determines the success of any business.
We can define inventory management as the application of data collection, demand, forecasting, and lean and

Qus 3. What are the various importance of Information in Supply Chain? Write a note on Bullwhip Effect.
ANS: Importance of Information in Supply Chain
Effective sharing of information helps to connect various stages of a supply chain and to coordinate and maximise

Qus:4 Explain the various direct benefits of Outsourcing.
Answer: The benefits of outsourcing are divided into two categories. They are as follows:
 Direct benefits
 Indirect benefits
Let us now discuss these

Qus:5 What is Standardization? What are the different approaches to Standardization?
Answer: Standardisation is a process of using a standard product in place of a family of products. Standardisation helps to achieve economies of scale by doing an activity once and repeating it many times.
Generally, lead time can be shortened by reducing inventory levels and increasing forecast accuracy. However, after a

Qus:6 What do you mean by Decision Support System (DSS)? What are the various functions of Decision Support System?
Answer: A decision support system is a computer based application that processes and integrates data to provide information, and techniques to help organisations make quick and effective decisions. To manage the decision support system effectively, some of the human characteristics like flexibility, perception and wisdom are essential. Unlike other complex business systems, supply chain
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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