Describe how the concepts of six sigma could be applied

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Reference no: EM133540416

Project Assignment: Supply Chain Product/Service Plan

Develop a MRP, logistics, location, and distribution plan for the product or service you selected.

Develop a quality management, Six Sigma, and lean plan for the product or service you selected.

Study ahead and develop a global sourcing and procurement plan for the product or service you selected. Also, write the conclusion section of the paper. Develop an inventory management plan for the product or service you selected.

Question 1. Explain the importance of having a robust standard material requirement planning program.

Question 2. Provide examples that support the following elements: (i) forecasts of demand, (ii) firm orders, (iii) engineering design changes, and (iv) inventory transactions.

Question 3. Detail out a location, logistics, and distribution plan with areas of identified risk.

Question 4. Provide mitigation associations with each identified risk.

Question 5. Provide examples of each dimension of quality.

Question 6. Describe how the concepts of Six Sigma could be applied.

Question 7. Explain how the analytical tools for Six Sigma and continuous improvement (DMAIC) could be applied to optimize the supply chain.

Question 8. Explain how a value stream map would be useful.

Question 9. Provide an example of a value stream map.

Question 10. Link the value stream map to an effective logistics and distribution process for the supply chain.

Question 11. Explain how the concepts of inventory costs apply and how these costs can be minimized.

Question 12. Explain how the forecasting model you selected earlier will help improve inventory management and cost management.

Question 13. How might a bullwhip effect occur, and what steps would you take to mitigate any bullwhip effect?

Question 14. Are there any opportunities for green sourcing? Identify those opportunities and link this to overall cost.

Question 15. What value did walking through the supply chain process for your selected product or service provide you?

Question 16. How will you apply the concepts you wrote about in your professional or personal life?

Reference no: EM133540416

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