Describe the overall goal of supply chain

Assignment Help Operation Management
Reference no: EM132864873

Supply chain management is the integration of activities that procure materials and services, transform them into intermediate goods and final products, and deliver them to customers. The production, distribution, and sale of both goods and services are bound by constraints in demand, supply, capacity, capability, and a myriad of other parameters.

In this assignment, consider the strategic implications of how an organization produces and interacts with its partners, customers, and suppliers.

Using the module readings, The University online library resources, and the Internet, research supply chain management processes. Based on your research, complete the following:

Describe the overall goal of a supply chain.

Describe the difference between a supply that is responsive (service) and a supply chain that is efficient. Can a supply chain be both?

How can an organization optimize supply chain management to improve results and remove obstacles? Support your answer with two current examples.

Based on your learning from your research, what additional recommendations might add to what was accomplished?

Reference no: EM132864873

Questions Cloud

How much shall be credited to share premium ordinary : Assume that each ordinary share sells for 150 and each preference share sells for 120. How much shall be credited to Share Premium Ordinary
What is the range of people in the population : About 25% of 1000 people polled yes in a society of 10,000 people. What is the range of people in the population who would have voted yes.
How much is the size of each monthly withdrawal : For the next 20 years, you are going to make monthly withdrawals, If rate of return is 6% compounded monthly, how much is the size of each monthly withdrawal?
What is portfolio beta for mrs landis : $175,000 is invested in Stock A with a beta of 1.65 and the remainder is invested in Stock B with a beta of 0.75. What is her portfolio's beta?
Describe the overall goal of supply chain : Describe the overall goal of a supply chain. Describe the difference between a supply that is responsive (service) and a supply chain that is efficient.
Draw an entity relationship diagram : Please draw an entity relationship diagram for the following Part A narrative - Please note that there are only 3 entities in this initial ERD.
Industry analysis of the airline industry : Evaluate the future level of competitive intensity in the airline industry, based on this evaluation, would you invest or look for a job in this industry?
Prepare elimination entries : Big Co. owns 80% of the stock of Little Co. On 1/1/23 Little issues $100,000 of 10%, Prepare elimination entries
Describe the author purpose and audience for writing : Describe the author's purpose and audience for writing this essay. Now that you have identified the purpose of the essay, explain why you believe the author

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd