Answered: AI & ESG Initiatives How AI Could…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Related questions

Question

AI & ESG Initiatives How AI Could Empower Any Business | Andrew Ng | TED (https://youtu.be/reUZRyXxUs4?si=yCTcCG3iIn_0wTA7) SEP (https://sep4sdgs.mfa.go.th/en/page/sep-application-in-thailand?menu=5d6bd9a415e39c1868002d5e) UN SDG 17 (https://sdgs.un.org/goals) ESG The New Supply Chain Imperative (https://lsc-pagepro.mydigitalpublication.com/publication/?m=60969&i=747463&p=52&ver=html5) Please note that the canvas designed should have guiding questions in each block. Apply your canvas to only 1 business of the following company: EGAT Business Group (https://www.egatbusiness.com/media.php?lang=EN#brochure) Based on the information above. Supply chain analytics 1.) How can AI-driven analytics optimize EGAT's supply chain performance while ensuring adherence to ESG principles, resource conservation, and waste reduction?

Transcribed Image Text:V CHome - Canval ← → с IN ส่วน X Snaxfarm Business Pr X C Snaxfarm Coconut Cu X strategok.com/supply-chain-management-canvas/ Efficiency (Eliminate or Reduce) Supply Chain Design - How many warehouse and factories should you have? - Where should they be located? -How big should they be? Supply Chain Analytics - How is your organization performing? What did it happen? What will happen? How can we make it happen? Fixed Assets - What is your assets turnover? - What are your bottleneck operations? -Outsourcing strategy? - Capital budgeting? -Should you make a facility expansion? F3 E ▬▬ F4 Supply Chain Planning DEMAND PLAN - What is the market plan? - Product/brand plan? Sales plan? Sales forecast? - Promotion plan? - Master scheduling plan? - Capacity plan? - Purchasing plan? - Production plan? Resource plan? - Inventory plan? - Distribution plan? Warehouse plan? - Transportation plan? M (no subject) - summy ERP/IT - Material Requirements Planning (MRP)? - Warehouse Management Sustem (WMS)? -Labor Management System (LMS)? - Transportation Management System (TMS)? -Supply Chain Optimization Software? -Supply Chain Analytics Software? Inventory - What to stock - Is your investment too high? -In what quantities to stock? - Where to stock? - Lean approach vs. stock? - Reliable & responsive supply chain? Are your fill rates too low? - Safety stock vs. raise service? Risk pooling? Q Search 4 F5 » F6 X E11313 FINAL 20231201 X Procurement & Sourcing How do you optimize the purchasing price? - How do you optimize the operational costs? - How do you optimize the transaction costs? What is the classification of your purchasing materials requirements? ㅇㅇ - What is the strategic positioning and action plan? Manufacturing - What is the production environment (MTS, MTO, etc.) for our products? - What is our production strategy? Account Payable What money is owed this period? What percentage is past due? - How quickly is the organization paying? F7 -What percentage of accounts is not meeting terms? What is the value of overdue accounts? Which vendors are problematic? What is the average/weighted average days past due? a PrtScn FB Warehousing - What storage systems? - What material handling? What putaway strategy? Which order types? - What removal strategy? What picking strategy? - How do you control inventory? Supply Chain Manag X Transportation - What is the modal mix? What is the right packing? - What is the right number of carriers? -Should we have our own fleet? - What is the right fleet size, equipment mix, and location? - How many routes should we have? Cost Improvements Procurement savings? - What is the inventory carrying costs? -Total fulfilment cost? -Total supply chain costs? - Lean waste costs? Reverse logistics costs? -Cost Of Poor Quality (COPQ)? - What is the cost-to serve? - What is the supply chain carbon footprint & GHG emissions? Home F9 End A F10 + 67 Supply Chain Segmentation - What is your product or/and market segmentation? - What are the segmentation attributes? Efficiency vs. Responsiveness? Quality & Returns - What are our differentiated quality process? - How are we managing complaints? -How do we manage supply chain risks? - How do we minimize returns impact? Service Level Improvement - How responsive is the company? - How flexible? - How adaptable? □ : ENG Co Po PgUp O F11 9:09 PM 12/7/2023 PgDn F12 Ins Del

Expert Solution