Supply chain management principles and practice

Supply chain management principles and practice

Apply modern supply chain management principles and practice, including the evolution of modern operations management theory, to real business cases. Critically analyse the process of supply chain management decision making.

Modern supply chain management principles and practice

Assessment Information
This assignment is designed to assess learning outcomes 1-4:
1.       Apply modern supply chain management principles and practice, including the evolution of modern operations management theory, to real business cases.
2.       Critically analyse the process of supply chain management decision making.
3.       Apply and analyse appropriate management frameworks which can be used for the planning and control of materials and services, from the viewpoints of quality, quantity and cost analysis.
4.       Appreciate and utilise the range of tools and techniques available to aid effective supply chain management decision-making.

This assignment is an individual assignment and requires you to produce a report.
This assignment requires you to analyse two supply chains of your choice. In addressing this report you should consider the supply chain in the following areas:

Firstly, The overall design of the supply chains.

Secondly,  How decision are made?

Thirdly, Procurement strategy.

Fourthly,  Production strategy and operations.

Further, criteria for Assessment

 Report area

Weighting

The overall design of the supply chains

25%

How external macro factors impact on decision making
20%

Quality

20%

Production strategy and operations

25%

Referencing

10%

What are supply chain concepts?

Supply chain activities cover everything from product development, sourcing, production, and logistics, as well as the information systems needed to coordinate these activities. The concept of Supply Chain Management (SCM) is based on two core ideas: … These organizations are referred to collectively as the supply chain.
What are the principles of supply chain management?
Principles of supply chain management

Firstly, Adapt Supply Chain to Customer’s Needs.

Secondly, customize Logistics Network.

Thirdly, Align Demand Planning Across Supply Chain.

Fourthly, Differentiate Products Close to Customers.

Further, Outsources Strategically.

Also, Develop IT that Support Multi-Level Decision Making.

Lastly, adapt Both Services and Financial Metrics.

 

 

 

 

 

 

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *