In the early stages of COVID-19, the VP of Supply Chain Operations for a large international tech company is tasked with evaluating areas of risk throughout the supply chain based on current inventory levels and the likelihood that certain geographical areas will be shut down. Which of the following strategies/approaches would have been most beneficial in this scenario? Insurance Supply Chain Mapping
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- MCQ 1-Evaluation of supplier performance in supply chain to determine whether or not to be a future supplier is known as _____a. Supply chain clarification. b. Supplier qualification c. Supply chain performance d. Supply chain quality performance. 2-International standards are used in supply chain to_____ a. Find new methods to develop products. b. Add new frame to the production process. c.Add luxury to the organisation look. d. Filter suppliers. 3-In organization, strategic options are developed based on_____a. Analysis of goals, mission and value of market. b. Analysis of vision, goals and suppliers. c. Analysis of vision, goals and mission.d. Analysis of mission, goals and products.laborate TWO (2) measures to be incorporated into a supply chain in ensuring the risk of Covid-19 is mitigated.4. Analyse and explain ONE key risk the company faced when it operates overseas. 5. With reference to the risk you mentioned in Q.4, what is your suggested action(s) for Sushiro? Explain.
- Question a) Discuss the reasons of using insurance in Procurement, supplies and Logistics Management b) In spite of its advantages in operations of businesses, insurance is still unpopular. ExplainQ: 03. [10]Which is more effective technique; Push-based Supply Chain management or Pull-based Supply chain management? Provide a scenario where Push-based is effective and another scenario where pull-based could be effective. To the point answer is required.DQ 4.4The professional logistics manager must develop a knowledge base that is integrated with other disciplines, one of which is information management. Based on what you learned from the readings in this module, explain how you can justify the costs of having RFID technology incorporated into your small business logistics firm. In addition, if costs are too high, describe how you would justify outsourcing the RFID requirement to another firm as a subcontractor for your company.For an example, you observe a commercial shipping container that was delivered to your company. On the outside of the container is an RFID tag. You can scan the RFID tag on the container and identify what is inside the container. You can also open the container and find eight packages with bar codes. Since we are professional logistics managers, we must consider costs associated with the RFID technology in our company.
- Q 4. Describe how online purchasing has changed the business-to-business marketing process and discuss the advantages and disadvantages of electronic purchasing.P1 What are the risk evaluation theories and practices associated with the management of a new maintance engineering company.Op2. Define the parties involved directly and indirectly in the supply chain and their role in the smooth running of the business?
- Question `1 a) Examine the keys factors that are likely to influence the choice of a given procurement strategy (ies) adopted by any organization. b) Examine the rationale for the increased interest in strategic procurement across organizations and supply chains today.11-Competitive model between suppliers leads to ? O a Supply chain bullwhip . O Better quality and lower costs . O c. Higher quality and higher costs . O d Reduced supplier competitiveness .Q1: You are a distribution center manager; you understand distribution facilities would provide a variety of services according to the requirements of the supply chain. Your manager requested you to do the training for your team, it should discuss the primary functions of DC, what are they? Q2: When goods need to be transported, the supply chain manager can choose from five modes of transportation: truck, rail, air, water and pipeline. What are the main functions, advantages and disadvantages of each basic mode? Giving goods example under each mode.