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Master of Business
Administration - MBA Semester 3
OM0012–Supply Chain Management
(Book ID:-B1542)
Assignment
(60 Marks)
Note: Answer all questions (with 300 to 400 words
each) must be written within 6-8 pages. Each Question carries 10 marks 6 X
10=60
Q1. Mention some of the key issue of supply
chain management.
Answer. Some of the key issue of supply chain is given below:-
1. Globalization of manufacturing operation
With the globalization of
manufacturing operations, having a global procurement network that can support
and react to your supply chain needs is important. According to many chief
procurement officers, selecting a strategic supplier that provides
manufacturing locations with consistent global
Q2. Discuss the issues that are considered
while making network design decision.
Answer. It is important to
differentiate between problem analysis and decision-making. Traditionally, it
is argued that problem analysis must be done first, so that the information
gathered in that process may be used towards decision-making.
1. Integrate the Internet with the existing physical network – To extract maximum benefit from e- businesses, firms
should integrate it with their existing supply chain networks. Separating the
two networks often results in inefficiencies within the supply chain. This
coupling of e-business with the existing physical network has been referred to
as clicks-and-mortar.
Q3. What are the external factors that
produce impact on the purchasing strategies?
Answer. A
business is a vulnerable entity that is at the whim of external forces, be they
financial, political, technological, socio-cultural or environmental. These
factors all have ramifications for procurement, from price negotiation to trade
and supplier management.
Part of the
battle first understands how external factors can affect procurement.
Q4. Explain the methods used to create
effective forecasts.
A. Judgment method
B. Market research method
C. Time-series method
D. Casual method
Answer. A. Judgment method: - Judgmental forecasting methods incorporate intuitive judgment,
opinions and subjective probability estimates. Judgmental forecasting is used
in cases where there is lack of historical data or during completely new and
unique market conditions. Judgmental methods include:
·
Composite forecasts
·
Cooke's method
·
Delphi method
·
Forecast by analogy
Q5. Write a short note on centralized versus
decentralized control in supply chain integration.
Answer. A
supply chain (SC) is a network of suppliers, production facilities, warehouses
and markets designed to acquire raw materials, manufacture and store and
distribute products among the markets. The entire process is driven by the demand
generated at the markets. Organizations
often have complex distributed supply chains and operating them optimally
becomes a challenging task. One of the major problems in managing supply chain
networks is the lack of collaboration among the different entities including
raw material suppliers, production sites, warehouses and retailers. The
Q6.Trace the latest development in
electronic procurement and explain its benefit.
Answer. E-procurement
(electronic procurement, sometimes also known as supplier exchange) is the business-to-business or business-to-consumer or business-to-government purchase and
sale of supplies, work, and services through the Internet as well as other
information and networking systems, such as electronic data interchange and enterprise
resource planning.
The
e-procurement value chain consists of indent management, e-Informing,
e-Tendering, e-Auctioning, vendor management, catalogue management, Purchase
Order Integration, Order Status,
Summer-2016
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assignments at nominal price of Rs.125 each.
Mail us at: subjects4u@gmail.com or contact at
09882243490
