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DRIVE: SUMMER 2014
PROGRAM: MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDOMN (SEM 1)
SUBJECT CODE & NAME: OM0012
SUPPLY CHAIN MANAGEMENT
BK ID: B1542
CREDITS AND MARKS: 4 CREDITS AND
60 MARKS
Q.1: What are the different factors affecting
transportation decisions?
(Description/outline of different factors and
its sub factors in students own words- 10 [5 marks for each factor – any 2])
ANS:
Description/outline of
different factors and its sub factors in students own words:
The two major factors
that affect transportation decisions are:
·
Carriers
·
Customers
Q.2: Write short notes
on risk pooling.
(description of risk
pooling- 1 marks, importance of risk pooling in SCM- 1 marks, listing and summarization(along
with suitable examples for each) of four types of risk pooling-8 [2 marks
each])
ANS:
Description of risk
pooling:
Risk pool is a term
used in risk management, mostly in insurance companies. Under this system,
insurance companies come together to form a pool, which can provide protection
to insurance companies against catastrophic risks such as floods, earthquakes,
etc.
Q3.
Read the following case study and answer the questions given the end of the
case study
Best
Supplier Relationship Management: Jaguar Land Rover and Gobel & Partner
Jaguar Land Rover production line
8
October 2013 | CIPS Supply Management Awards 2013 “Jaguar Land Rover (JLR)
transformed its position in customer satisfaction surveys and enhanced the
quality of its products through an innovative partnership with a key supplier.
By
re-evaluating the way it deals with quality control and suppliers, Jaguar took
top spot in the 2012 JD Power Survey for customer satisfaction and Land Rover
raced up the chart. In 2008, the survey put Jaguar at nine and Land Rover at 34
for quality, described by JLR as “clearly an unsatisfactory situation” for a
premium brand and stated that “something had to change”. Component quality was
identified as the key issue – for some suppliers the proportion of rejected
parts was as high as 65 per cent – and some finished vehicles were being put
into ‘containment’ due to faulty components. This had knock-on effects
including delayed customer shipments, production line stoppages that cost
£2,000 per minute and the risk that faulty parts could make their way into
completed vehicles. At the time, JLR was working with 16 different suppliers
across three factories to undertake parts rework and containment, resulting in
differing quality regimes and an inability to share data across the company. As
a result, there was no single view of any given supplier’s quality history,
which made preventative action impossible. A new director of quality was
appointed who launched a review of quality across the supply chain that
identified potential improvements that could be made to the inspection of
incoming components from suppliers. The Inbound Materials Project was
established and the 16 suppliers dealing with quality control were reduced to one
– Gobel & Partner (G&P) – who saw it as an opportunity to introduce
innovations and boost investment in its Qtrak quality management system, which
totals £2 million to date.
This
evolved into a partnership between JLR and G&P. Both realised that prevention
was better than cure, and through Qtrak they could identify the component
suppliers causing the most problems. Those with a recurrent history of reject
parts were subject to a more rigorous inspection regime. G&P’s aim is to
ensure no faulty part ever arrives at JLR production facilities and they now
work on the premises of high-risk suppliers to review quality processes. The
firm is also working at JLR’s new plant in China to ensure the right quality
approach is in place from the beginning.
Over
six years, the relationship between the firms has evolved from a traditional
adversarial situation, where G&P were treated as one of a number of
commodity suppliers, to one where the two are working to the same goal of
“bringing premium quality to premium brands”.Wolfram Leidtke, JLR board quality
director, said: “JLR is a premium brand and accordingly needs to have premium
quality vehicles. Procurement has aligned with this objective. G&P has been
able to transfer their global knowledge and work with JLR to develop a new
approach to incoming material quality and the results are starting to speak for
themselves.’ ”
(Illustrate
the role quality played as criteria in JLR choosing its supplier Gobel &
Partner. Explain the importance of Gobel & Partner in the supply chain(unit
6)
A
Students should illustrate based on:
·
How critical is
component quality to JLR
·
What were the effects
of bad quality
·
What were the issues
JLR had to tackle to working with 16 suppliers
·
The steps taken by JLR
to improve quality
Importance
of the supplier) 10 marks
Answer.
The role quality played as criteria in JLR choosing
its supplier Gobel & Partner
·
Quality
plays a very important role as criteria In JLR choosing its supplier. It is
critical component.
·
As
we see in the case study JLR was working with 16 different suppliers across
three factories to
Q4
“MTR Foods, the Bangalore-based food processing company, is planning to utilise
the services of a third party manufacturer for the first time. The contracted
plant in Mathura for producing vermicelli is expected to give it a push in the
northern and eastern markets where it is trying to expand its presence. The
company is also planning a capacity expansion in spices.
MTR
has nine plants in Bommasandra Industrial Area in Bangalore which caters to its
product categories like spices and masala, beverages, vermicelli and frozen
food. The company has so far produced its brands inhouse. ‘The plant in Mathura
would help us supply to the north and eastern parts of the country. It would help
us source wheat faster and also trim freight costs by 6-7 per cent,’ said
Sanjay Sharma, chief executive officer, MTR Foods.”
Which
according to you may then be distribution strategy used by MTR? Justify your
answer (unit 8)
·
(Explanation on the
facts fitting the strategy
·
Identification of the
strategy
·
Rationale behind
choosing the strategy
·
Conclusion) 10 marks
Answer.
Explanation on the facts fitting the strategy
MTR Foods Ltd. is one of India's leading purveyors of
packaged foods.The
company is one of only a few that sell packaged food nationwide. It
pushed into more cities in southern India, where it eventually gained leading
market share in every region that enjoyed a predominantly vegetarian cuisine.
Market
Q.5: Write short notes
on:
Intercompany - inter functional
strategic scope: The maximise supply chain surplus view
Capacitated plant
location model- 10 (5 marks each)
ANS:
Intercompany - inter functional strategic scope: The
maximise supply chain surplus view:
The objective of
maximising company profits can sometimes build conflicts between stages of a
supply chain. In intercompany - inter functional scope, the two parties work
together to minimise the amount of inventory required. By working together,
they can share the information that helps to reduce inventories
Q.6:
Briefly explain how information helps in resolving the important trade-offs
involved in a supply chain.
[Explanation
of how information helps in resolving the important trade-offs-10 (2 marks for
each trade-off)]
ANS:
The large amount of
information available now helps the supply chain to meet all the apparently
Get fully solved assignment, plz drop
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if urgent then call us on 08791490301, 08273413412
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