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Supply Chain Management
Question 1.
1. An important partner in the
supply chain of fast moving consumer goods (CG) is the distributor. If you
compare the FMCG supply chain in India and the United Kingdom, you will observe
that they are fundamentally different from each other. As a result of this
difference, FMCG supply chain in India has far more distributors in India than
in the United Kingdom. What differences in the retail environment may justify
the above facts?
Answer:
Introduction
Fast-moving consumer goods (FMCG) are perhaps the main areas in the
world. Our way of life rotates around shopper items, from our morning showers
with jojoba cleanser to our oats and natural product early lunch, or working
environment excursions at a close-by bar or snacks from a road merchant. Buyer
tastes are ceaselessly developing, and arising advancements are continually
changing the market. Clients lean toward new items, which requires the creation
of a more wholesalers than the
Question 2.
Home appliance giant Whirlpool adopted CPFR for its supply chain and enjoyed immense
success. Before CPFR was adopted, Whirlpool was struggling with a forecast error
rate of 70%, which reduced to 11% after the company and its supply chain
partners began working together under the CPFR framework. Nowadays, everyone in
supply chain is talking about CPFR. Explain what CPFR is, its apparent
benefits, examples of two global companies (other than Whirlpool) which have
implemented it and the benefits they derived.
Answer:
Introduction
Collaborative Planning, Forecasting,
and Replenishment, or CPFR, is a corporate activity that draws together the
intelligence of several trading partners to plan and meet consumer demand. The objective is to expand client accessibility while diminishing stock,
stockpiling, and dispersion costs by associating deals and promoting best
practices to production network planning and execution measures. Effective Customer Reaction is the
place where CPFR got its beginning (ECR). ECR was a coordinated
Question 3. Enfield has its vehicle assembly plant in
Tiruvottiyur, Chennai and its engine assembly plant in Oragadam near Chennai.
Engines are transported between the two plants using trucks, with each trip
costing Rs. 2000. vehicle plant assembles and sells 250 motorcycles every day.
Each engine costs Rs. 25000, and MCL incurs a holding cost of 24 % per year.
a. How many engines should MCL load
onto each truck? (i.e. what is the optimal order quantity?) (5 Marks)
b. What is the cycle inventory of
engines at MCL? If demand, and thus production, for their motorcycle grows, but
all other input data remain unchanged, would you expect cycle inventory of
engines at MCL to increase or decrease?
Answer:
3A.
Introduction
Based
on the above case study, the researcher has presented an overall insight that
is associated with supply chain management. It is conceptualized with strategic
process of flow of goods and services including overall process of converting
raw materials into finished goods and services in assembly plant’s of
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case study help by professionals.
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