Modelling for manufacturing and logistics systems

Assignment Help Business Management

Reference no: EM133783945

Modelling for Manufacturing and Logistics Systems

Describe the supply chain of your chosen manufacturing company, from raw material suppliers to end users, provide relevant figures and flowcharts.

• Critically evaluate the importance of improving the reliability and resilience of the company of your choice through effective demand forecasting and optimised inventory management.

• Describe the most effective demand and inventory forecasting methods, taking into account the specifics of your company (type of production, seasonality, customers, distribution channels, etc.).

• Evaluate the potential for implementing MRP and ERP systems for manufacturing planning, inventory management, purchasing and supply planning in the company of your choice.

• Describe appropriate mathematical modelling methods to improve the reliability and efficiency of the supply chain of the chosen company for different logistics functions (supply, distribution, transportation, warehousing).

• Evaluate the impact of applying technologies such as AI, IoT and Blockchain to improve supply chain coordination, reduce risk and improve cost efficiency in the selected company.

Reference no: EM133783945

Questions Cloud

Responsible for performing administrative functions : Express an experience as it relates to these administrative of a Recreation Supervisor is responsible for performing administrative functions

Assumptions on the project schedule are too optimistic : During a project team meeting, a risk manager realizes that the initial assumptions on the project schedule are too optimistic.

Fully accountable to managing the risks : Assign owners who will be fully accountable to managing the risks. Define the response plans and take the lead in implementing them.

Anti-money laundering program in accordance with law : ABC Insurance Company is setting up their anti-money laundering program in accordance with the law.

Modelling for manufacturing and logistics systems : Modelling for Manufacturing and Logistics Systems Describe the supply chain of your chosen manufacturing company, from raw material suppliers to end users

Risk manager use to ascertain cost performance risk : A project baseline included a budget of US$900 million and a 12-month schedule. What should the risk manager use to ascertain the cost performance risk?

Explain understanding of leadership and management : Explain how to gain confidence and skills in conflict management and communication skills. Explain understanding of leadership and management.

Manage end to end processing of mortgage applications : Manage end to end processing of mortgage applications. Research appropriate lending solutions for clients.

Understand better the concept of management : During the past seven weeks, you have been on a journey to understand better the concept of management

User Account

All Pages