SUBJECT – SUPPLY CHAIN MANAGEMENT

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SUBJECT – SUPPLY CHAIN MANAGEMENT

Q1) Solve any four of the following

 a) Explain the push/pull view of supply chain

Answer: A push-pull-system in business describes the movement of a product or information between two subjects. On markets the consumers usually "pulls" the goods or information they demand for their needs, while the offerers or suppliers "pushes" them toward the consumers. In logistic chains or supply chains the stages are operating normally both in push- and pull-manner.The interface between push-based stages and pull-based stages are called push-pull boundary or decoupling point.

Marketing
Push strategy

    b) Explain what is the competitive strategy of supply chain

Answer: Supply chain management and competitive advantage are connected because the effective management of an organization’s supply chain can be leveraged for competitive advantage. The supply chain refers to the whole process involved in the production of a product or service, starting from the procurement of the raw material to the shipping of the final product to the consumers. Competitive advantage describes the process whereby a company can achieve a lower sale price for its products than that of other similar companies through an advantage in the pre-production, production or post-production stage. 

d) Describe the major obstacle that must be overcome to successfully manage a supply chain

Answer: To successfully implement SCM, the key firms within the supply chain must overcome their own functional silos and accept a process approach. The requirements for successful implementation of SCM include:

• Executive support, leadership, and commitment to change.

• An understanding of the degree of change necessary.

• Agreement on the

 Q2) a) Identify the major drives of supply chain performance and discuss the role of each driver increating strategic fit between the supply chain strategy and the competitive strategy.

Answer: DRIVERS OF SUPPLY CHAIN PERFORMANCE

The strategic fit discussed in Chapter 2 requires that a company's supply chain achieve the balance between responsiveness and efficiency that best supports the company's competitive strategy. To understand how a company can improve supply chain performance in terms of responsiveness and efficiency, we must examine the logistical and cross-functional drivers of supply chain performance:facilities, inventory, transportation, information, sourcing, and pricing. These drivers interact with each other to

        b) Evaluate the strengths and weakness of different modes of transportation

Answer: Transportation is an important link of the logistics system. Transport is a branch of material production, transporting people and goods.

Vehicles must have a number of necessary properties and satisfy certain requirements in order to create innovative systems for the collection and distribution of goods. First of all, transport should be flexible enough to provide the transportation process that is subject

   Q3) Attempt any three of the following

    a)  List the various view of supply chain and discuss one of them

Answer: Supply chain management (SCM) is a broadened management focus that considers the combined impact of all the companies involved in the production of goods and services, from suppliers to manufacturers to wholesalers to retailers to final consumers and beyond to disposal and recycling. This approach to managing production and logistics networks assumes all companies involved in the process of delivering goods to consumers are part of a network, pipeline, or supply chain. It encompasses everything required to satisfy customers and includes determining which products they will buy, how to produce them, and how to deliver them. The supply chain

 b) Describe how the company achieves strategy fit between its supply chain strategy and            competitive strategy

·         Answer: Competitive Strategy and Supply Chain Strategy


A company's competitive strategy clearly spells out the set of customer needs that it seeks to satisfy through its products and services having a defined set of attributes.

The supply chain design or supply chain strategy must be in alignment with competitive strategy. A supply chain design can be taken up only after the competitive strategy is finalised and a supply chain needs to be redesigned or modified whenever there is a change in competitive strategy.

   c) Discuss the impact of replenishment policies on supply chain on safety inventory

Answer: Replenishment is the movement of inventory from upstream -- or reserve -- product storage locations to downstream -- or primary – storage, picking and shipment locations. The purpose of replenishment is to keep inventory flowing through the supply chain by maintaining efficient order and line item fill rates. The process helps prevent costly inventory overstocking.

 d) Discuss the role of distribution in the supply chain

Answer: In the ever-changing coatings industry, distributors play an important role in the supply chain. From just-in-time procurement strategies to risk management, distributors can bring real value to customers. In today’s economic environment, distributors are being relied on heavily as our customers are more likely to order smaller volumes of products on a more frequent basis. Established partnerships with distributors provide for continuity and trust of supply. The following discussion highlights some of the challenges that distributors face, as well as

   Q4) write the short note on any five of the following

a) Role of transportation in supply chain

Answer: in this section we discuss the role that transportation plays in the supply chain, as well as key

transportation-related decisions that supply chain managers must make.

Role in the Supply Chain

  b) Role of sourcing in supply chain

Answer: In this section we discuss the role that sourcing plays in the supply chain and key sourcing-related

decisions that managers need to make.

Role in the Supply Chain

Sourcing is the set of business processes required to purchase goods and services. Managers must first decide which

  

c) Safety inventory management in supply chain

Answer: In this section we discuss the role that inventory plays in the supply chain and how managers use

inventory to drive supply chain performance.

Role in the Supply Chain

Inventory exists in the supply

  d) Coordination in supply chain

Answer:

   e) Role of information technology in supply chain

Answer: In this section we discuss the role that information plays in the supply chain, as well as key

information-related decisions that supply chain managers must make.

Role in the Supply Chain

   f) E-business and supply chain management

Answer: E-business is changing all the rules and models. The digital economy has forever transformed the role of supply chain management. An organization's ability to embrace new technology is key to increasing the organization's productivity. In this course, you will learn how e-business and supply chains have merged, creating a network of immense opportunities. Supply chain structures have changed, and improving the performance of these supply chains is dependent on the use of e-business technology and innovation. This course identifies the significant components needed to create effective supply chains. Cost reduction, capital investments

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