What is a supply chain

Assignment Help Operation Management
Reference no: EM13728689

Key Elements of a Supply Chain

The success of any supply chain depends on the framework of the organization. The framework of an organization identifies strategic challenges that were critical to the organization's existence in the past and are also critical to its future growth. In this assignment, you will examine the ways in which selection of a framework can affect the success or failure of the supply chain program.

Most organizations use a single framework or a combination of frameworks to develop supply chains.

Using the Argosy University online library resources and the Internet, research frameworks for developing supply chains.

Then respond to the following:

What is a supply chain? What are some potential benefits of managing the supply chain?

What are the key factors that help an organization decide what type of framework they should use to develop the supply chain?

What would be the impact on the development process if an incorrect framework is used? Discuss your reasoning by providing examples.

Describe the three types of value (supply) chain frameworks and explain which one you think is the best. If possible provide a visual illustration or representation. Why do think your chosen framework is best? Justify your explanation.

After your initial post, discuss the following:

What are the strategic, tactical, and operations issues in supply chain management?

What is the bullwhip effect, and why does it occur? How can it be overcome?

What impact has eBusiness had on supply chain management?

Reference no: EM13728689

Questions Cloud

Zero safety stock would be advantageous for the organization : What parameters would lead you to believe that (a) large safety stock, (b) small safety stock, and (c) zero safety stock would be advantageous for the organization. Be sure to provide examples and data in support.
Convertible semi-annually for the last five years : Find the price of a $1000 par value 10-year bond with coupons at 8.4% convertible semi-annually, which will be redeemed at $1050. The bond is bought to yield 10% convertible semi-annually for the first five years and 9% convertible semi-annually for ..
Price one should pay to produce a yield rate : A bond with a par value of $1000 has annual coupons at the end of each year for 10 years. The initial coupon rate is 7% and each coupon is 3% greater than the preceding coupon. The bond is redeemed for $1200 at the end of 10 years. Find the price one..
Describe market share and market position : Describe market share and market position. Explain why price fixing, price discrimination, resale price maintenance, pricing below cost, and unit pricing are concerns that customers should be aware of in today's society
What is a supply chain : The success of any supply chain depends on the framework of the organization. The framework of an organization identifies strategic challenges that were critical to the organization's existence in the past and are also critical to its future growt..
Foster employee motivation-group cohesion among employees : When reviewing the descriptions of the work environments, identify elements that appear to foster employee motivation and group cohesion among employees.
What will the price be in three years and in fifteen years : Patience, Inc., just paid a dividend of $2.95 per share on its stock. The dividends are expected to grow at a constant rate of 5.00 percent per year, indefinitely. Assume investors require an 11 percent return on this stock.
What is the after tax cash flow from the sale of this asset : Consider an asset that costs $635,000 and is depreciated straight-line to zero over its eight-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $125,000. If the relevant tax rate is 35..
Synthesis of diverse concepts : Ensure that this assignment is done by the same expert that did the previous orders given above to ensure better understanding of the entire project for effective quality delivery and proper alignment.

Reviews

Write a Review

Operation Management Questions & Answers

  Identify which that you believe to be most important

Identify which that you believe to be most important, and describe at least one strategic response.

  Determining the average numbers

At the Children's Hospital in Seattle there are, on average, 35 births per week. Mother and child stay, on average, two days before they leave the hospital.

  Determine the level of reliability

An engine system consists of three main components in a series, all having the same reliability. Determine the level of reliability required for each of the components if the engine is to have a reliability of 0.998.

  What types of resources does this organization provide

What types of resources does this organization provide to its members and others in the health care community? As a health care manager, what HFMA resources would you see yourself utilizing for your own facility and career?

  How many items need to be counted each day

She would like to set up a system in which all A items are counted monthly (every 22 working days), all B items are counted quarterly (every 60 working days) and all C items are counted semiannually (every 120 working days). How many items need to..

  Describe process velocity also efficiency for the clinic

Oakwood Outpatient Clinic is analyzing its operation in an effort to improve performance. Describe process velocity also efficiency for the clinic.

  Performed at the hospital''s expense

Beth Zion Hospital has just been informed that only the first 10 transplants must be performed at the hospital's expense.

  Critically analyse the theory concepts and models of

critically analyse the theory concepts and models of operations and information management demonstrate an understanding

  Critical path of your project

Analyze the critical path of your project, and discuss the total float in the project. Next, suggest the primary measures that you would use in order to manage the critical path and reduce the float in the project.

  What potential cost saving advantages might firms

What potential cost saving advantages might firms experience using outsourcing?

  Make a 2- to 3-page test plan which describes how you will

develop a 2- to 3-page test plan that discusses how you will use unit integration and system or user acceptance testing

  Calculate the optimal number of orders per year

At Ionic, a large retailer of popular electronics, demand is constant at 32,000 devices per year. The cost of placing an order to replenish stock is $10, and annual cost of holding a device is $4 per device.

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