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DRIVE SPRING 2016
PROGRAM MBADS (SEM 3/SEM 5)
MBAFLEX/ MBA (SEM 3)
PGDOMN (SEM 1)
SUBJECT CODE & NAME OM0012 SUPPLY CHAIN MANAGEMENT
1
Explain the different modes of transportation.
Explanation of the concepts
Answer: Modes of
Transportation
The
movement of goods from one place to another within a supply chain is known as
transportation. It starts from the beginning of a supply chain and ends when
the product reaches the hands of the customer. With the increasing
globalisation in supply chain and growth of e-commerce, the importance of
transportation has grown tremendously. This is because the supply of
2 What
is risk pooling? Why is it important in supply chain management? List the four
main types of risk pooling.
Answer: Risk pooling enables
accurate demand forecasting. Let us now discuss the concept 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
3
Explain the different types of purchases in portfolio analysis.
Explanation of the concepts
Answer: Portfolio
analysis classifies purchases into four categories. They are as follows:
Routine commodity – Routine
commodity includes many standard items with low price. For example, stationery,
food items, fuel and so on are the routine commodities. These commodities are
readily available in the market. Many suppliers compete in the market by
offering the lowest possible prices for these commodities. The routine
commodities have many purchases
4
Describe the reasons for bullwhip effect and explain the methods to decrease
bullwhip effect.
Reasons
Methods to decrease
Answer: Reasons
for bullwhip effect
Demand forecasting – We define demand
forecasting as the process of estimating the future demand of products or
services. The decision makers in the supply chain are responsible for creating
a demand forecast. The upstream member in the supply chain needs to readjust
the demand
5
Explain the concept 3PL? What are the advantages and disadvantages of using
3PL?
Explanation of 3 PL
Advantages and Disadvantages
Answer: Third-party
logistics (3PL) is the use of an external company to perform few or all of a
company’s logistics management and product distribution functions. 3PL is a
true strategic alliance because it involves complex relationships that are not
included in a traditional logistics – supplier relationship. Modern 3PL
provides continuous services and involves long-term commitment, process
management, and multiple functions. Modern 3PL are more
6 Explain the framework and impacts of integrating IT with SCM?
Framework
Impacts
Answer: Framework
for IT integrated SCM
·
Knowledge and
IT management – It includes IT training and education, investment in
capital knowledge, e-training, e-learning, multimedia, cross-functional
training, group wares.
Get fully solved assignment. Buy online from website
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125/subject and rs 700/semester only.
if urgent then call us on 08791490301, 08273413412
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