Discuss how forecasting effects the supply chain

Assignment Help HR Management
Reference no: EM13720732

Part 1:

Discussion 1:

Discuss how forecasting effects the supply chain of an automobile manufacturer. Consider especially the forecasting and supply chains involved in manufacturing a new model (entirely new, not an edition/annual change). How do the individual supply chains for the subparts effect the larger supply chain of the whole automobile. How does forecasting effect the just-in-time or lean production system used in most automobile manufacturing plants?

Example of a typical automobile supply chain:

• Suppliers for raw materials

• Suppliers for parts and subsystems

• Automobile manufacturer (Ford, in the example). Within a company, there are also different departments, which constitute the internal supply chain:

• Purchasing and material handling

• Manufacturing

• Marketing, etc.

• Transportation providers

• Automobile dealers

Discussion 2:

Create a rudimentary supply chain for delivering canned peaches to the consumer. Discuss the sources of uncertainty within this supply chain. What are the risks? How could the manufacturer mediate the risks?

Part 2:

Discussion 1:

Manufacturers have to establish parameters for what is to be produced and in what quantity how does utilizing a supply contract aid both parties in terms of their roles/responsibilities involving the supply chain?

Discussion 2:

Read the article, "Managing the Supply Chain: If Only I Could See," and discuss the following:

• The level of outsourcing found at your current employer, past employer, or company that you are familiar with. Describe the business functions within that organization where most outsourcing takes place.

• Of the five recommendations given by the author to increase visibility, which are currently being pursued in your company?

• Our text discusses several types of supply contracts. Choose one contract and explain if, and how, increased visibility would benefit the supplier, the buyer, or both parties.

Part 3:

Discussion 1:

Read the Case: Reebok NFL Replica Jerseys: A Case for Postponement (p. 172-177). Given the uncertainty of fan demand associated with a team or player, how should a manufactured of sports apparel like Reebok approach inventory planning? What happens when a player or team suddenly loses their fan base?

Discussion 2:

Compare and contrast the push-pull strategy used in supply chain management and in what specific ways can it impact the manufacturing process?

Part 4:

Discussion 1:

Your text explores the strategies of transshipment and inventory pooling in chapter 7. List and describe at least two similarities between transshipment and inventory pooling strategies. Identify two companies or supply chains of that use transshipment strategies and why is transshipment a good strategy for them? Why would inventory pooling not be a better choice for these companies or supply chains?

Discussion 2:

Identify and describe the three types of retailer supplier partnerships discussed in chapter 8. Manufacturers and retailers occasionally find using third parties to perform certain aspects of the materials management and /or product distribution functions beneficial. Why might this be the case? Provide details in your response.

Part 5:

Discussion 1:

Discuss how a product's life-cycle can impact the buy/make aspect of the supply chain (refer to Section 9.3 in your text). Are there different times/phases in a product life-cycle when it would make sense to change from a buy/make aspect to an outsourced aspect (for the same part/aspect)?

Discussion 2:

Read the Case: Wal-Mart Changes Tactics to Meet International Tastes. Other than profit, what other reasons would Wal-Mart have for opening stores globally? Why would Wal-Mart want strong centralized or localized control of its stores?

Part 6:

Discussion 1:

The manufacturing process utilizes technology clock speed for the manufacturing of a product or good. In what ways may clock speed differ and what products are manufactured under a particular clock speed.

Discussion 2

Radio Frequency Identification (RFI) utilizes technology which emits radio signals to help track the shipment of goods. Discuss two or three companies you know that use this technology and how does this benefit the organization's supply chain?

Reference no: EM13720732

Questions Cloud

Shares of boeing aerospace stock : You decide to buy 20 shares of Boeing Aerospace stock for $2900 today, and plan to hold onto it until it doubles in market price. If the historical growth rate of the stock is 9% per year, how many years should you retain the stock for this to occur?
Part of the income that a machine generates : Part of the income that a machine generates is put into a sinking fund to replace the machine when it eventually wears out. If $1500 is deposited annually at an interest rate of 7% interest, how many years must the machine be kept before a new machin..
Annual interest rate applicable : A $618,478 warehouse if being purchased by your company. The deal requires a down payment of 109,363 with the remainder of the purchase price paid over 20 years, payments in advance. The annual interest rate applicable is 6.58. What monthly payment i..
Terminal course objectives : Summarize the role of decision making in business. Describe common biases in decision making. Interpret reflective and expedient decision making.
Discuss how forecasting effects the supply chain : Discuss how forecasting effects the supply chain of an automobile manufacturer. Consider especially the forecasting and supply chains involved in manufacturing a new model (entirely new, not an edition/annual change).
What is the equivalent uniform amount for a series : Consider a $1,097 CF at the end of 2068. The interest rate is 3%. What is the equivalent uniform amount for a series of end-of-year CFs spanning 2052-2055?
Briefly the steps in the personal risk management process : Chris and Karen are married and own a three- bedroom home in a large Midwestern city. Their son, Christian, attends college away from home and lives in a fraternity house. Their daughter, Kelly, is a senior in high school. Chris is an accountant who ..
How is relevant costing used in decision making : What other ways, besides relevant costs, could be used to analyze a make-or-buy decision How is relevant costing used in decision making? What would the relevant costs be in deciding whether to discontinue a segment of business? What would the releva..
Difference in the effective annual rate charge by two banks : Farmers Bank offers to lend you 50,000 in a nominal rate of 5% simple interest we dancers pay quarterly. Merchants Bank offers to Lenny 50,000 but it will charge 6% simple interest with the interest rate at the end of the year. What's the difference ..

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

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