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Differentiate risk among components including strategic, hazard, financial, and operations
Discussion
Supplier selection is among the most critical in managing supply chains. Our discussion will guide us in developing tools which monitor the financial health of a supplier. Our text discusses the Z score in Chap 6. What does the Z score do? Please conduct some Internet research and support your comments with a brief overview of supplier bankruptcies in the news. Were there red flags that were not seen before a supplier went out of business?
While supplier risk is often the most concerning, what about demand risk or process risk? Consider examples of demand risk on Table 7.2 and process risks on Table 7.3. Select at least two, but no more than three examples from each and offer your perspectives on ways to mitigate their negative impact.
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Discuss the individual contributions that could be made by a cross-functional team to the following list of activities.
MR3366 Logistics and Supply Chain Management Assignment Help and Solution, University of Central Lancashire - Assessment Writing Service
Assume that there are 52 business weeks per year. Express total inventory as weeks of supply.
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Identifies each link in the supply chain and the purpose and value in each.
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Describe a situation that you have encountered in which a process was either well designed and enhanced your customer
What is the EOQ, in minimizing cost, how many orders would be made each year and what is the time between orders?
What experience do any of you have with supply chain management?
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