OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9780077835439
Author: Roger G Schroeder, M. Johnny Rungtusanatham, Susan Meyer Goldstein
Publisher: McGraw-Hill Education
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Question
Chapter 16, Problem 12DQ
Summary Introduction
To explain: How a company can ensure that its supply chain is resilient to unforeseen events.
Introduction:
Supply chain management is a wide range of actions that are taken to plan, manage, and execute the production of a product from acquiring of raw materials till the consumption stage.
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Students have asked these similar questions
How can organizations address risks arising from supply chain vulnerabilities?
How can supply chain management create a long-term competitive advantage for companies?
A supply chain failure is defined as an interruption caused by external or internal operations that may have a significant impact on an organization’s quality, delivery, or cost impact to clients. In most cases, the blame is placed on external suppliers with no appropriate root cause examination.
You are employed as a managing director in your manufacturing company. Identify and critically discuss any five (5) potential causes of failure. Make reference to the relevant examples to illustrate your answer
Chapter 16 Solutions
OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
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- Identify a disruption of a business and supply chain that has recently affected a company. What should the company have done before this disruption occurred to mitigate its impact?arrow_forwardHow are companies using analytics to detect supply chain fraud in the economy?arrow_forwardA supply chain failure is defined as an interruption caused by external or internal operations that may havesignificant impact on an organisation’s quality, delivery or cost impact to clients. In most cases, the blame isplaced on external suppliers with no appropriate root cause examination.You are employed as a managing director in your manufacturing company. Identify and critically discuss anyfive (5) potential causes of failure. Make reference to the relevant examples to illustrate your answerarrow_forward
- Why is preparing for disasters to prevent disruption important in the supply chain?arrow_forwardWhat is the bullwhip effect and why does it happen in healthcare organizations?arrow_forwardDetermine if a company's processes and supply chain have lately been disrupted. What should the corporation have done to lessen the effect of a disruption like this before it happened?arrow_forward
- Should Critical Processes Implement Supply Chain Measures?arrow_forwardWhat kinds of safeguards should be put in place for the most vital supply chain processes?arrow_forwardHow does the development of safety-critical embedded systems differ from non-safety-critical systems, and what standards or regulations are relevant in this context?arrow_forward
- What is a trend in the supply chain, and how does that trend enhance value to the business operations and contribute to the company’s overall competitive advantage?arrow_forwardWith the use of proper examples, clearly define the following concepts:International Ship Security Certificatearrow_forwardDoes the supply chain affect the environment?arrow_forward
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