SUPPLY CHAIN MANAGEMENT FINAL PAPER REVIEW GUIDE WITH VERIFIED ITEMS AND SOLUTION WALKTHROUGH

SUPPLY CHAIN MANAGEMENT FINAL
PAPER REVIEW GUIDE WITH VERIFIED
ITEMS AND SOLUTION WALKTHROUGH

●● supply chain
Answer: interrelated series of processes within a firm and across
different firms that produces a service or product to satisfaction of
customers.


●● Dynamic Sales Volumes
Answer: Meeting the volatile sales volume is costly in supply chain


●● Customer service & quality expectations
Answer: emanating from the sales and marketing groups for superior
service levels for the organizations customers. The supply chain's design
impinges on responding to ''what level of quality is achievable and at
what cost?" '' how speedy must our deliveries be?''


●● service proliferation
Answer: The sales and marketing group create new services or products
as they are closely in touch with customers and their needs. However as
relatively large proportion of SKU's contribute only a small percentage
of the revenues, leading to higher costs of operating the supply chain.

, ●● Emerging Markets
Answer: The increasing importance of emerging markets and the roles
they play in the global market emphasizes pressure on the supply chain.


●● Supply Chain Efficiency curve
Answer:


●● Sourcing process is involved in
Answer: - Supplier Selection
- Supplier Certification and evaluation
-Management of supply contracts


●● Supplier Selection
Answer: - Material Costs:
- Annual Material Costs= pD
-Freight Costs
-Administrative costs


●● Cycle inventory
Answer: Q/2


●● Pipeline Inventory