Solution Manual - Principles of Supply Chain Management: A Balanced Approach 6th Edition by Joel Wisner, Keah-Choon , Keong Leong

Solution Manual

Principles Of Supply Chain Management: A Balanced
Approach
By Joel Wisner, Keah-Choon , Keong Leong


6th Edition

,Table Of Contents

Part 1: Supply Chain Management: An Overview.
1. Introduction To Supply Chain Management.
Part 2: Supply Issues In Supply Chain Management.
2. Purchasing Management.
3. Creating And Managing Supplier Relationships.
4. Ethical And Sustainable Sourcing.
Part 3: Operations Issues In Supply Chain Management.
5. Demand Forecasting.
6. Resource Planning Systems.
7. Inventory Management.
8. Process Management–Lean And Six Sigma In The Supply Chain.
Part 4: Distribution Issues In Supply Chain Management.
9. Domestic U.S. And Global Logistics.
10. Customer Relationship Management.
11. Global Location Decisions.
12. Service Response Logistics.
Part 5: Integration Issues In Supply Chain Management.
13. Supply Chain Process Integration.
14. Performance Measurement Along The Supply Chain

,Solution Manual For
Principles Of Supply Chain Management A Balanced Approach, 6th
Edition By Joel Wisner, Keah-Choon Tan, G. Keong Leong



Solution And Answer Guide
Joel Wisner, Keah-Choon Tan, G. Keong Leong, Principles Of Supply Chain Management: A Balanced
Approach, Chapter 01: Answers To Questions/Problems

Table Of Contents
Discussion Questions ...........................................................................................................1
Cases .................................................................................................................................7
Learning Objectives.................................................................................................................................... 7
Answers To Questions ............................................................................................................................... 7
Appendix 1.1 The Beer Game ...............................................................................................8
Questions And Exercises ............................................................................................................................ 8



Discussion Questions
1. Define The Term Supply Chain Management In Your Own Words And List Its Most
Important Activities.
Answers:
The Supply-Chain Council’s Definition Of Supply Chain Management Is ―Managing Supply And
Demand, Sourcing Raw Materials And Parts, Manufacturing And Assembly, Warehousing And
Inventory Tracking, Order Entry And Order Management, Distribution Across All Channels, And
Delivery To The Customer.
These Are Also The Most Important Activities; However, Integration Of Key Supply Chain
Processes Might Also Be Included In There.
2. Can A Small Business Like A Local Sandwich Or Bicycle Shop Benefit From Practicing Supply
Chain Management? What Would They Most Likely Concentrate On?
Answers:
Yes, Any Organization Can Implement At Least Some Of The Important Concepts. A Good
Place To Start Is The Rationalization Or Reduction Of The Supply Base. Small Businesses Might
Also Want To Concentrate On Customers As A Starting Point.
3. Describe And Draw A Supply Chain For A Bicycle Repair Shop And List The Important Supply
Chain Members.
Answers:

, This Will Vary From Student To Student, But Should Include, For Instance, Parts Suppliers,
Bicycle Suppliers, And Other Suppliers (I.E., Helmet Suppliers) And Services (I.E., Repair
Services) As First- Tier Suppliers And Bicycle Owners As First-Tier Customers.
4. Can A Bicycle Repair Shop Have More Than One Supply Chain? Explain.
Answers:
Yes. Every Repair Item The Firm Stocks Has Potentially A Different Supply Chain Associated With It.
5. What Is A Cold Chain? Why Did It Become So Important In 2020?
Answers:
A Cold Chain Is An Alliance Of Companies That Can Monitor And Protect The Temperature Of
Perishable Products To Maintain Quality And Safety From The Point Of Origin Through Distribution
To The Final Consumer. Cold Chains Became A Popular News Item In 2020 As COVID-19
Vaccines Began To Be Distributed Globally By Pfizer And Moderna. The Two Vaccines Must Be
Stored And Transported At Sub-Zero Temperatures.
6. How Has The Recent Global Pandemic Impacted Supply Chain Management?
Answers:
In General, It Made Things More Difficult, Particularly For Global Supply Chains—Companies
Have Gone Bankrupt, Retailers Have Stopped Buying Regularly, Ports Have Shut Down
Unexpectedly, And Many Purchases Have Gone Online As People Stayed Home. Companies Have
Had To React Quickly To The Changes.
7. What Roles Do ―Collaboration‖ And ―Trust‖ Play In The Practice Of Supply Chain Management?
Answers:
This Is Essential For Process Integration. Sharing Information And Determining Joint Strategies Is
Part Of The Process Of Integration And Collaboration, And To Do This, Trust Must Be Present
Between The Customer, Focal Firm, And Supplier.
8. Why Don’t Firms Just Become More Vertically Integrated (For Example Buy Out Suppliers
And Customers), Instead Of Trying To Manage Their Supply Chains?
Answers:
This Could Cause A Loss Of Focus And Keep Managers And Employees From Doing Their Core
Competencies, Resulting In Loss Of Performance.
9. What Types Of Organizations Would Benefit The Most From Practicing Supply Chain
Management? What Sorts Of Improvements Could Be Expected?
Answers:
Firms With Many Suppliers, Many Complex Products, Large Inventories, And Many Customers (In
Other Words, Firms With Many Supply Chains). Gains Would Be Lower Purchasing Costs, Lower
Carrying Costs, Better Product Quality, And Better Customer Service.
10. What Are The Benefits Of Supply Chain Management?
Answers:
Reduction Of The Bullwhip Effect, Better Buyer/Supplier Relationships, Better Quality, Lower
Costs, Better Customer Service, Higher Demand, And More Profits.