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Question 1:
(a) Explain what you understand by supply chain management.
(b) An important decision facing most purchasing managers is whether to source each individual product or service from a single-sourcing or multi-sourcing (Slack, Chambers, and Johnston, 2001:419). Discuss why single-sourcing has become more attractive to companies.
(c) Discuss the following supply chain strategies:
(i) Vertical integration (ii) Keiretsu networks (iii) Virtual companies
Question 2:
Operations strategies are developed to ensure managers deliver goods or services that are better, cheaper and more responsive to customer needs. Comment on any three of the following factors that can affect an organisation's operations strategy:
(i) Globalisation (ii) Legislation (iii) Marketing mix (iv) Costs (v) Quality
A diet is being prepared for the University of Arizona dorms. The objective is to feed the students at the least cost, but the diet must have between 1,800 and 3,600 calories. No m
A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have been identified, and the associated costs and reven
compare between traditional and value driven approach
Create a table that includes all of the key elements that you think an organization must focus on to promote change
Suggest some possible strategic initiatives that Sigma could pursue to continue its growth
Low Price and Product Features - Operation Strategy Low price The ability of the operations system to satisfy the customers' requirements more cost-effectively (and by
Explain advantages of Division of Labour. As the same worker does similar work repeatedly:- (i) It gains proficiency and skill on the job and becomes a professional. (ii
Explain all types of worker's participation. Types of Worker's Participation - Worker's participation in management may take several forms, for example: (a) Formal partici
The value chain priorities can be quite different for firms taking different business strategies. Create examples of value chains for three firms: one using cost leadership, anothe
1. Explain What is change management? 2. Explain What is the ultimate goal of change management?
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