Justify the importance of your chosen factor

Assignment Help Supply Chain Management
Reference no: EM131433487

Global Supply Chain Management

ASSIGNMENT

"Supply Chains are only of any interest to customers when they go wrong. Therefore, Supply Chain Resilience is considered as a very important factor in modern Supply Chains"

The above statement is shown to be true in numerous occasions in the past. Examples include the "Horsemeat Scandal" in processed meat products, "100's of garment workers crushed to death" in an arguably avoidable factory collapse in Bangladesh, or other "Supply Chain Scandals" in Asia that have affected McDonald's, Burger King and Starbucks and more. These scandals (specifically in branded products) have caused significant reputational and financial damage (as well as loss of human life) to different types of industries.

By taking as an example a Supply Chain that you are familiar with, identify and discuss in detail ONLY ONE important Factor (such as Demand Forecasting, Inventory Management, Bullwhip Effect, Traceability, etc.) that is critical to the efficient and effective management of your chosen Supply Chain. In doing so please justify the importance of your chosen Factor to the Supply Chain and address the potential negative effects of mismanaging that Factor (100% of the assignment grade).

Typical examples of Supply Chains may include: production of fresh milk, automobile manufacturing, outpatient appointments or accident and emergency departments in public hospitals, banking services, supermarkets, the garment industry, pharmaceutical products, food supply chains etc.

Global Supply Chain Management

Some of the data for this assignment may be ‘live'; for instance the horsemeat scandal was reported extensively in the newspapers, on the media and other company accounts. You should use these sources for information on what may go wrong within your chosen Supply Chain. Material for most Supply Chains is easily available and is included in books and articles. Theory of supply chain strategies, relationships and response to breakdown is to be found in textbooks and peer review journal articles.

ASSESSMENT CRITERIA

This assignment represents 50% of your overall module mark. The maximum word count is 3000 words (+/- 10%). You will also need to take

the following into account when completing your assignment:

- Quality of executive summary (does it give a brief complete summary of your paper for an executive to read?)

- Establishment of relevant theory (e.g. what do I mean by supply chain resilience or supply chain obstacles?)

- Allocation of credit and sources used (have I included references and citations to the material I have used?)

- Clarity of argument

- Overall report presentation including spelling and grammar

- Adherence to nominated word limit (+/- 10%)

- Word processed (letter size 12, times new roman, 1.5 space), fully referenced (Harvard Referencing System)

The assignment must be submitted via OnlineCampus. Please remember that marks for assignment will also be awarded in relation to presentation and structure, and aspects such as use of examples, figures, tables, illustrations and statistics that indicate wider/independent reading.

Verified Expert

The paper is about Supply Chain Management.? I am hear choosing Demand Forecasting as a factor of SCM. Forecasts are becoming the lifetime of business in a world, where the tidal waves of change are sweeping the most established of structures, inherited by human society. Commerce just happens to the one of the first casualties. Survival in this age of economic predators, requires the tact, talent and technique of predicting the future. The sales forecast is particularly important as it is the foundation upon which all company plans are built in terms of markets and revenue. Management would be a simple matter if business was not in a continual state of change, the pace of which has quickened in recent years.

Reference no: EM131433487

Questions Cloud

Have we as nation moved on in our civil rights struggles : Have we as a nation "moved on" in our civil rights struggles? What would you say to the speaker quoted above? Where and/or for whom are we still fighting for civil rights in our society? Should civil rights be a national issue, or should it be left t..
Set of rights centered around the concept of equal treatment : Your text defines "civil rights" as the "set of rights centered around the concept of equal treatment that government is obliged to protect." Throughout our history, there have been different civil rights struggles -- for examples, the struggle for s..
Discuss your ideas in terms of the human service profession : Chapter 18 of the text takes an aggressive adversarial role in accomplishing the human services agenda. Do you agree with this approach? Why or why not? If not, what approach do you suggest and why? Support your discussion with a minimum of one..
Benefits of strategic group analysis and strategic mapping : What are the benefits of strategic group analysis and strategic mapping?
Justify the importance of your chosen factor : Supply Chains are only of any interest to customers when they go wrong. Therefore, Supply Chain Resilience is considered as a very important factor in modern Supply Chains
Technique for the solution of aggregate planning problems : Which of the following is not a technique for the solution of aggregate planning problems?
General and health care environmental analysis : What is the relationship between general and health care environmental analysis versus service area competitor analysis?
What should be included in a performance improvement plan : Low performing employees threaten organization productivity and the attainment of organizational goals. Utilizing the Case Study, create a 3-4 page paper addressing what impacts performance and what actions should be taken regarding employees that..
How do agile project management approaches : 1) How do Agile project management approaches relate to traditional (PMI PMBOK) approaches? 2) What is Scrum and how does it relate to Agile methodologies?

Reviews

inf1433487

3/28/2017 4:57:26 AM

You all are the best organization I have ever utilized. Client service is extraordinary and due dates are constantly kept. I have prescribed 8 assignments as of now to Expertsmind. This is the main organization that truly does custom work. Thanks...

inf1433487

3/28/2017 4:55:44 AM

The Assignment due date has been extended Thus kindly submit a A grade quality assignment. It should have executive summary.

len1433487

3/20/2017 2:47:40 AM

Criterion / Mark range - 90-100 Overall level (indicative – not for grading Standard comparable to journal publication Scope Outstanding clarity of focus, includes what is important, and excludes irrelevant issues. Understanding of subject matter Outstanding with critical awareness of relevance of issues. Outstanding expression of ideas. Literature Comprehensive literature review. Evaluation and synthesis of source material to produce an outstanding contribution. Critical analysis based on evidence Standard of critical analysis – showing questioning of sources, understanding of bias, independence of thought Structure of argument, leading to conclusion Well structured, compelling and persuasive argument that leads to a valuable contribution to the field of study, paving the way for future work.

len1433487

3/20/2017 2:46:04 AM

RELEVANCE TO LEARNING OUTCOMES: • Analyse and critically evaluate the ways in which supply chains are adapted in view of specific market dynamics and environments. • Demonstrate an understanding of the importance of global lead-time management and time-compression. • Critically analyse the theory, concepts and models of global supply chain management to interpret and understand complex and ambiguous risks in global logistics and supply chain environments. • Locate, summarise and synthesise a range of information from published literature and electronic sources on GSCM. ASSESMENT HOUSEKEEPING You are required to follow the University’s regulations regarding plagiarism and citing sources and references used. Assignments may not be submitted late. Marking penalties for late submission will follow the University regulations for PMC and late submission. Please note that there are changes in the late submission process this year.

len1433487

3/20/2017 2:45:48 AM

Require a complete quality assignment which would attain me 80%. also need to take The following into account when completing the assignment solution: . Quality of executive summary (it should give a brief complete summary of the paper for an executive to read) . Establishment of relevant theory (e.g. what do is meant by supply chain resilience or supply chain obstacles) . Allocation of credit and sources used ( include references and citations to the material that have been used) . Clarity of argument . Overall report presentation including spelling and grammar ASSIGNMENT SHOULD HAVE RELEVANCE TO LEARNING OUTCOMES: . Analyse and critically evaluate the ways in which supply chains are adapted in view of specific market dynamics and environments. . Demonstrate an understanding of the importance of global lead-time management and time-compression. . Critically analyse the theory, concepts and models of global supply chain management to interpret and understand complex and ambiguous risks in global logistics and supply chain environments. . Locate, summarise and synthesise a range of information from published literature and electronic sources on GSCM.

Write a Review

Supply Chain Management Questions & Answers

  Global supply chain productivity and synergy goals

Global supply chain productivity and synergy goals. Describe the critical success factors for organizational collaboration

  Evaluate the safety inventory and the average inventory

Evaluate the safety inventory and the average inventory carried by B&M. Also evaluate the average time a phone spends at B&M.

  Enterprise resource planning

An organization has several operational systems: Customer Relationship Management (CRM) for marketing and sales, Enterprise Resource Planning (ERP), and Supply Chain Management (SCM). They also have external customer data

  Defined netflixs supply chain strategy

What were some of the key structural and infrastructural elements that defined Netflix's supply chain strategy before 2011? After 2011

  Examine a product or service from your company using a swot

Examine a product or service from your company using a SWOT analysis. Examine a product or service from your company using the Boston Consulting Group matrix.

  Define risk, scrm and different types of supply chain risk

Define Risk, SCRM and different Types of supply chain risk. Analyse three theories or models which have been used in managing supply chain risk.

  How the procurement function can be improved

For an organisation of your choice, you are asked (a) to critically examine the Procurement function, (b) by considering 2-3 areas below investigate how the Procurement function can be improved and compensate external turbulences in the markets

  Discuss about the future of retail supply chains

Case Study :The future of retail supply chains(By Nitin Chaturvedi, Mirko Martich, Brian Ruwadi, Nursen Ulker)Discuss about the future of retail supply chains.explain in brief.

  Importance of leadership in bringing about necessary changes

Assess importance of leadership in bringing about the necessary changes at Porsche. Describe answer with examples.

  Why the supply chain costs seem skewed

Senior management wants to know why the supply chain costs seem skewed. Provide an explanation in logistical terms including an analysis of the total costs *use spread sheet*

  What effect do different audiences have on your writing

In what ways does writing on the job differ from the writing you do in your academic studies? Answer this question from each of the perspectives listed below. Please number your responses so it is easy to identify your response to each question. Audi..

  Quantitative performance of a solution alternative

Economic analysis helps to forecast the quantitative performance of a solution alternative. One of the objectives of CMMI-ACQ is to establish and maintain a quantitative understanding of the performance of selected processes because it stresses qu..

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