Principles Of Operations Management
Principles Of Operations Management
11th Edition
ISBN: 9780135173930
Author: RENDER, Barry, HEIZER, Jay, Munson, Chuck
Publisher: Pearson,
Question
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Chapter 11, Problem 1P
Summary Introduction

To identify: The elements in supply chain for a local establishment which is a member of large chain and determine whether the supply chain supports low-cost, rapid response, or the differentiation strategy. Check whether the characteristic of supply chain varies from one product to another.

Introduction: The supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, the supply chain activities can impact on the cost effectiveness of the business.

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Choose a local company that is a member of relatively or moderately large chain. From interviews with workers and information from any reliable source, identify the elements of supply chain. Determine whether the supply chain represents a low cost, rapid response, or differentiation strategy. Are the supply chain characteristics significantly different from one product/service to another.
Choose the supply chain of a company of your choice and make observations and recommendations on the following. ·       The company’s products/services and its supply chain. ·       Benefits of managing the supply chain effectively for the company. ·       Some of the supplier development practices followed by the company. ·       Sustainable supply chain initiatives if any. ·       Challenges in supply chain management at the time of economic crisis. You may use figures, charts etc. where necessary to further elaborate the content.
Choose the supply chain of a company of your choice and make observations and recommendations on the following. ·        The company’s products/services and its supply chain. ·        Benefits of managing the supply chain effectively for the company. ·        Some of the supplier development practices followed by the company. ·        Sustainable supply chain initiatives if any. ·        Challenges in supply chain management at the time of economic crisis.

Chapter 11 Solutions

Principles Of Operations Management