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Advance Supply Chain Management
December 2023
Q.1 AquaFilter, a manufacturer of water purifier, operates in
a crowded market where several other water purifiers are present. Discuss, a
planning tool and its various methods, that may helpAquaFilter in discovering
the uncertainties of future and provide a competitive edge. (10 marks)
Ans 1.
Introduction:
In the complex world of the 21st
century, businesses operate in an ever-evolving landscape brimming with
uncertainties. For AquaFilter, a water purifier manufacturer, these
uncertainties are multiplied due to the intense competition and the rapidly
changing consumer preferences in their market. To gain a competitive edge, it
becomes indispensable for AquaFilter to not just respond to change but to
anticipate it. One way to achieve this is through meticulous planning and leveraging
tools designed to navigate the unpredictable waters of future events and market
shifts. The tool in focus here will aid AquaFilter in
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Q.2 AquaFilter approaches you for implementing Aggregate
Planning. Discuss, what four elements that you will suggest AquaFilter should
follow and the trade-offs it has to make for aneffective aggregate planning
strategy. (10 marks)
Ans 2.
Introduction:
In the
increasingly complex world of manufacturing and supply chain, a company's
ability to anticipate demand and align its production capabilities can
significantly influence its market standing. Aggregate planning, a crucial tool
in supply chain management, focuses on striking a balance between demand and
supply, ensuring optimal production while minimizing costs. For a company like
AquaFilter, operating in a competitive environment, mastering aggregate
planning could spell the difference between leading the market and being a
follower. This essay sheds light on the core elements AquaFilter should
consider when implementing
Q.3 Maruti Suzuki has been steadily increasing the
localization of its components, which meansusing more locally-sourced
materials. This helps to reduce the company's dependence onimported materials,
which can be more expensive and less reliable.
a) Discuss successful sourcing strategies that may help an
organization in efficient procurement process.
(5 marks)
Ans 3a.
Introduction
Localization
of components, as showcased by Maruti Suzuki's strategic move, offers
organizations a competitive advantage in terms of cost reduction, supply
reliability, and faster market responsiveness. The pivot from relying on
imported materials to locally-sourced ones is not merely a procurement decision
but a broader strategic initiative. An efficient sourcing strategy lies at the
heart of such transformations, ensuring not just cost benefits but also
b) Since sourcing has a direct impact on the performance
of an organization, what four stages of sourcing decision would you recommend
while making “Make or Buy” decisionprocess?
Ans 3b.
Introduction:
The "Make or Buy" decision
is a pivotal juncture in an organization's strategic planning, influencing not
only its operational efficiency but also its competitive positioning in the
market. This decision dictates whether a company should manufacture a product
or component in-house ("make") or procure it from external suppliers
("buy"). Given its profound implications on costs, quality, and
supply chain dynamics, a structured approach
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