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Advanced Supply Chain Management

1. In supply chain, sourcing is one of the important processes. The reason is that a wrong selection of suppliers can result into sub-optimal use of organizational resources and unnecessary costs. Make a sourcing strategy for your organization which is a manufacturer of consumer products. (10 Marks)

2. Your organization is planning to launch a new product by end of the year. The product is new and innovative and there is no historical data for forecasting. What are some of the popular qualitative methods that you will suggest your organization to carry out for good forecasting to predict or estimate the demand for the product? Explain the advantages and limitations of the same. (10 Marks)

3. It is crucial for organizations to improve their supply chain performance to meet increased customer demands on time. They should regularly evaluate the performance of their supply chains using various metrics.

a. What are the different metrics you would use for measuring the inventory levels? Give examples. (5 Marks)

b. Your organization wants to improve the effectiveness of their supply chains and wants you to incorporate business concepts for process re-engineering using SCOR Model. Explain the stages of supply chain you would focus on. (5 Marks)

For Nmims Assignments Contact
[email protected]
+91 95030-94040

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