Supply Chain Essay

1763 words - 8 pages

MK 4400: LOGISTICS MANAGEMENT

Name or Names (Not more than 2) __

INSTRUCTIONS

1. This Exam is due in at the beginning of the next class. Please use

2. The exam is offered in two parts: (a) problems/short essays (70%), and

(b) a case study on Westminster Company, Case 4, text pages 454-459 (30%).

3. In general, page limit is one-half a page per sub-question. This limit is intended to make you communicate complex ideas in a succinct manner. You may include as many figures, tables, graphs, as necessary to provide supporting documentation to your written text.

4. Finally, please sign the following statement to affirm academic honesty:

I_DVD_ ...view middle of the document...

* The integration between marketing efforts and logistics allows for lower cost and greater performance outputs by both parties, as the combined effort enables the business to evenly split key tasks, which would otherwise be done separately.

1C) What points do you whish to stress to the team?

Interchangeable or reusable parts are a lot cheaper and easier to work with. I would stress to the team that it is a lot easier and more effective to work with materials that you can swap between each other rather then dealing with a bunch of individual units. It is also cost efficient to have retail products that work with each other.

Explain the importance and implications of the points presented

* Lower cost of good, higher margins, and more effective production lines when running only a few materials rather then a wide variety
* Inventory is easier to maintain and less space is used, less safety stock is needed as well
* Economies of scale are reached quicker when you can constantly drive your cost lower by having fewer differentiators to manufacture
* “Add on” features lower production cost as well
* Ensure up to date fill rate and required safety stock

1D) Using logistics/supply chain thinking, explain how food safety can be improved.

Manufacturing plants specialize in beef, pork, and fish products. (Just a basic few as an example) There are a few ways to improve food safety as viewed by supply chain thinking. First manufacturing plants should not deviate into cross contamination of food, by this meaning, a plant that slaughters cows to produce the beef should not have foods that do not need to be cooked, as in (vegetables) on or near the same production line. By removing two different edibles in the same manufacturing plant will remove food bacteria from entering into other non-perishable foods. Refrigeration is also key when dealing with raw meat, a production line should efficiently work where once the animal has been slaughtered the meat should be frozen within 30 minutes to reduce spoil and bacteria. Quality control and inspections are also implemented to make sure the quality of the food is maintained from beginning to end. The belt moving the food products should be smooth, as in constantly running with out any hiccups, this is important dealing with raw meats because the meat should only be at room temperature for so long until the bacteria inside of it starts to eat away at the food, making it unsafe to consume. Main points in the paragraph are to not cross contaminate, keep constant refrigeration, quality control inspections, and proper storage.

Question 2a):
Explain why the owner feels that logistics and supply chain management processes provide the keys to gaining advantages over competitors [5 points]
* Logistics is important in many aspects of business, however in GWF’s case without it the company will fail.
* The owner believes that logistics will get their company to begin delivering...

Other Papers Like Supply Chain

Supply Chain Essay

2658 words - 11 pages Homework  #4  Supply  Chain                          Selina  Engel,  CM  3323       Discussion  Questions  Chapter  10       1. What   is   the   bullwhip   effect   and   how   does   it   relate   to   lack   of   coordination   in   a   supply  chain?       The  bullwhip  effect  is

Supply Chain Essay

2098 words - 9 pages Supply Chain and Cost Cutting within a Hospital Managerial Accounting, BUS 630 Melissa Edwards July 4, 2011 Mark Taylor Supply Chain Supply chain management is commonly used to refer to the coordination of business processes across the companies in order to better serve the end consumers (Brewer, Garrison, & Noreen, 2011). Cost cutting is basically being able to cut the cost safely of some organizations without having to close down. In

Supply Chain

750 words - 3 pages Supply Chain Management Raymont Curry ISCOM/370 July 11, 2001 Instructor: Kathryn Kendall Supply Chain Management Supply chain management is a combination of several things that improves the way an organization locates the necessary components that is needed to make a product or service and deliver that product or service to their customers. The components of a supply chain management are as follows; a plan that an

Supply Chain - 815 words

815 words - 4 pages Map the Supply Chain Lydia Federico MKT/421 November 24, 2014 Richard Theroux Map the Supply Chain The area of business that had decided to research is the world of perfumes and colognes industry. When discussing the supply chain of perfumes and colognes production, it is important to discuss both their "brick and mortar" facilities and their organizational web sites. Both the "brick and mortar" facilities and the web sites

Supply Chain - 2212 words

2212 words - 9 pages Introduction Inventory serves as a useful purpose in the supply chain. Many supply chain managers say firms can help decrease the need for inventory by carefully managing factors that cause inventory levels to increase. Inventory can be defined as the result of imbalance between supply and demand. The term inventory drivers comes from the consequences of certain supply or demand characteristics, such as: product desirability, responsiveness

Supply Chain - 1771 words

1771 words - 8 pages Supply Chain Design Amanda Champion, Andrew Day, Heather Wiggins, Katrina Caver, Yvonne Tagle Jauregui OPS/571 April 25, 2016 W. Pearl Maxwell Supply Chain Design Riordan Manufacturing is considered one of the leading manufacturing companies. They produce plastic containers and parts for fans. The company was owned from a prior company called Riordan and it was purchased when it relocated to Michigan in 1992. About 8 years later it moved

Supply Chain - 747 words

747 words - 3 pages 1. What is the primary function or role of purchasing in the supply Chain? Purchasing is the key business function for acquiring materials, services, & equipment in an organization. It means obtaining merchandise, capital equipment; raw materials, services, or maintenance, repair, and operating (MRO) supplies in exchange for money or its equivalent. The primary goals of purchasing are to ensure uninterrupted flows of raw materials at the

Supply Chain - 2783 words

2783 words - 12 pages Individual report on the Critical analysis of the case-study on Nissan-cogent Master of Science in Supply chain management (M25EKM) Phil Southey and Ike Dike Andrew Philip kakooza SID: 3532647 ABSTRACT In today’s business economy it has been said that the automotive industry among other industries have hugely occupied the United Kingdom economy and continue to do so, Nissan a very famous automobile company has been one of the

Supply Chain - 691 words

691 words - 3 pages 5/7/2013 1 Bachelor of Science in Information Technology (BSc IT3) CIT 863: SUPPLY CHAIN MANAGEMENT SYSTEMS Lecture 4 – Part 3 Today...  Information Technology (IT) and Information Systems (IS) in Supply Chain Management (SCM) ........(continued) 7 May 2013 Dr. Igira - IFM - FCIM 2 Computer-Integrated Manufacturing (CIM) Systems 7 May 2013 Dr. Igira - IFM - FCIM 3 Computer-Integrated Manufacturing (CIM)  CIM is the

Supply Chain - 4678 words

4678 words - 19 pages Supply Chain Final cumulative balanced scorecard ending with Quarter 4 is below. Cumulative industry results for last four quarters ending in quarter: 4 |   | Minimum | Maximum | Average | House Personal Computer | Total Overall | 0.00 | 749.39 | 17.00 | 0.00 | Financial Performance | -73.50 | 211.50 | 13.68 | -22.62 | Market Performance | 0.00 | 0.65 | 0.16 | 0.32 | Marketing Effectiveness | 0.00 | 0.82 | 0.33 | 0.62

Dod Supply Chain

882 words - 4 pages The Department of Defense (DoD) sustainment supply chain community has increased performance and harvested significant efficiencies through process improvement activities and the rationalization of common activities. However, the majority of strides have been made within functions and processes. The authors build a case that opportunities remain for improvement through end-to-end supply chain integration — spanning all DoD organizations and its

Related Essays

Supply Chain Essay 321 Words

321 words - 2 pages Since Riordan Manufacturing uses the level strategy it is very important they have a great relationship with its suppliers. Strong relationships with the suppliers help to drive cooperation as well as trust and value throughout the supply chain. Top management recognize the importance of developing and maintaining world class supply chains that gives them the competitive advantage that is needed to get ahead of the competition in the market

Supply Chain Essay 963 Words

963 words - 4 pages The Topic of interest in this essay is “Supply Chain” Definition: A supply chain is a network of suppliers, manufacturer and distributors which helps in transformation of raw materials into valuable products and delivering them to the customers at right price, right place and right time. The concept of supply chain applies not only to the physical products but also to services. In the case of services, suppliers become service supporter

Supply Chain Essay 1557 Words

1557 words - 7 pages Q1-1. I agree with the statement that supply chain integration can be readily attained by merging suppliers and industrial customers to form a larger conglomerate. Different parts in supply chain including raw materials, manufacturing and transporting should share information and work closely together to increase the efficiency. For example, with the use of share management information systems (MIS), suppliers and contributors can know the

Supply Chain Essay 894 Words

894 words - 4 pages Describe your personal views on global supply chain management and how you plan to be a part of the field. In today’s global economy companies can no longer compete if they don’t establish collaborative relationships that expand beyond their own organization. In my opinion, Global Supply Chain Management has become increasingly important as companies look for growth opportunities in other countries as a way of increasing their global presence