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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 must be written within 300 to 400 words
each. Each Question carries 10 marks 6 X 10=60
Q1. Explain
the different modes of transportation.
Answer. Modes
of Transportation
The movement of goods from one
place to another within a supply chain is known as transportation. It starts
from the beginning of a supply chain and ends when the product reaches the
hands of the customer. With the increasing globalisation in supply chain and
growth of e-commerce, the importance of transportation has grown tremendously.
This is because the supply of products is now needed for distant places. And
transportation decisions in a supply chain affect
Q2. What
is risk pooling? Why is it important in supply chain management? List the four
main types of risk pooling.
Answer. Risk
pooling and its types
Risk pool is a term used in risk
management, mostly in insurance companies. Under this system, insurance
companies come together to form a pool, which can provide protection to
insurance companies against catastrophic risks such as floods, earthquakes,
etc.
There are several types of risk
pooling strategies that are used in supply chain management. Each
Q3. Explain
the different types of purchases in portfolio analysis.
Explanation of the concepts - 10
Answer. Portfolio
analysis classifies purchases into four categories. They are as follows:
Routine
commodity – Routine commodity includes many standard items
with low price. For example, stationery, food items, fuel and so on are the
routine commodities. These commodities are readily available in the market.
Many suppliers compete in the market by offering the lowest possible prices for
these commodities. The routine commodities have many purchases and hence
Q4. Describe
the reasons for bullwhip effect and explain the methods to decrease bullwhip
effect.
Reasons - 4
Methods to decrease - 6
Answer. Reasons
for bullwhip effect:
Demand
forecasting – We define demand forecasting as the process of
estimating the future demand of products or services. The decision makers in the
supply chain are responsible for creating a demand forecast. The upstream
member in the supply chain needs to readjust the
Q5. Explain
the concept 3PL? What are the advantages and disadvantages of using 3PL?
Explanation of 3 PL - 3
Advantages and Disadvantages - 7
Answer. Third-party
logistics (3PL) is the use of an external company to perform few
or all of a company’s logistics management and product distribution functions.
3PL is a true strategic alliance because it involves complex relationships that
are not included in a traditional logistics – supplier relationship. Modern 3PL
provides continuous services and involves long-term commitment, process
management, and multiple functions. Modern 3PL are more stabilised than
Q6. Explain
the framework and impacts of integrating IT with SCM?
Framework - 5
Impacts - 5
Answer. Framework
for IT integrated SCM:
Knowledge
and IT management – It includes IT training and education, investment
in capital knowledge, e-training, e-learning, multimedia, cross-functional
training, group wares.
E-commerce
– It provides access to alternative markets, networking opportunities,
advancement in technology, reduced costs, faster processes, open communication,
CRM, e-work, and the ability to compete in the international market.
Spring-2016
Get solved
assignments at nominal price of Rs.125 each.
Mail us at: subjects4u@gmail.com or contact at
09882243490
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