SOLVED 2019 JUNE NMIMS ASSIGNMENTS What should be the reo

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Advanced Supply Chain Management

1. SCM plays a pivotal role in an organization s success by enhancing its operational efficiency and maximizing customer satisfaction. In the earlier days of supply chain management there were four enablers, namely, Infrastructure, Technology, Alliances and Human Resources which influenced the supply chain performance. Today in your opinion, apart from these enablers, what other effective methods can an organization adopt for competitive supply chain management? Give examples wherever possible.

2. As Supply Chain Head, it is your job to develop and implement an effective transportation strategy. The business unit head, asks you to use the intermodal strategy to lower overall transportation cost. Explain the steps you will follow. (Give industry best practices examples wherever possible).

3. Warehouse manager of Integrated Parts, an electronic manufacturing company, has an objective of preventing a stock-out situation at any time for one of its vital components. The annual demand for the component is 60,000 units and the usage is uniform. The quantity ordered from supplier each time is 600 units and it is delivered after 7 days from ordering date. The company policy is to maintain a safety stock of 20% of its average inventory. The company works for 300 days in a year.

a. What should be the re-ordering point?

b. Briefly discuss the steps the warehouse manager should take in determining optimal inventory level

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