I really need help with #2 #4 and #6 I really need help with #2 #4 and #6 1, a H
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I really need help with #2 #4 and #6 I really need help with #2 #4 and #6 1, a Homework BUTR 2103 [ Q-search in Documa Design Layout References Mailings Review View requirement and thus the companies will close down the national warehouse and shift their inventories to regional distribution centers(RDC) capable of serving huge geographic location Postponement of localization- despite having the global trends in products, still there is a very Asian in the customers preference and requirements the size it is not sure the global products perform well in each market. In case of postponement, the products are designed with the help of common platforms, components or module but final assemble and customization takes place somewhere else where the customer requirements are known. 2. What are the emerging general principles for solutions in global logistics? True or False: Today's marketplace is characterized by turbulence and uncertainty It resulted do to globalization and increasing competition, greater customers expectations. 3. 4. Discuss reasons why supply chains have become more vulnerable. What are the main sources of risk across the supply chain network? The present working environment is an interrelated one which makes it riskier to operate as the negative affect at one location can hamper in other locations too. 5. Deep reaching of the global supply chain in the many emerging markets will have much lower standards of social and environmental practices then the world level. Greater linking of the reputation without the firms treat their employees and the other members. 6. Describe the supply chain risk management process. 1013 Words FocusExplanation / Answer
Logistic basic concept of supply chain management system that is responsible for fulfilling all the demand. Its main goal is to provide an effective system to deliver the goods or the service is from the manufacturer to retailer on the customer. Logistics make sure that the products are being delivered in the right time and efficiency as well as a productivity of the company is maintained. Logistic is one of the most essential and basic parts of a supply chain. By increasing the overall efficiency of the logistics we can easily increase the overall efficiency of the supply chain.
Some basic principles for effective logistics are as follows
Supply chain vulnerability is one of the most prominent problem of these days for multiple logistics as well as supply chain based companies. Government authorities and policies as well as different technological advancement is making it more complicated in the market to stay competitive and to rely on the supply chain. Different aspects of the supply chain from the suppliers bargaining power to the overall influence of the government policies on the organisation is responsible for creating a problematic situation for the supply chain. This problematic situation also create vulnerability in the supply chain management which later affect the overall status of the company.
These specific implementations of different Strategies and the growing competition is directly affecting the supply chain Network and making it more vulnerable in the market.
Supply chain is an essential part of each and every business, it maintain the overall efficiency as well as productivity from your manufacturing facility to the retail stores. Without an efficient and proper supply chain management we cannot Run our businesses efficiently.
Supply chain management using some concepts to deal with the problems as well as the whole system. Some of the concepts are as follows.
Logistic management
Logistic basic concept of supply chain management system that is responsible for fulfilling all the demand. Its main goal is to provide an effective system to deliver the goods or the service is from the manufacturer to retailer on the customer. Logistics make sure that the products are being delivered in the right time and efficiency as well as a productivity of the company is maintained. Logistic is one of the most essential and basic parts of a supply chain. By increasing the overall efficiency of the logistics we can easily increase the overall efficiency of the supply chain.
Supply management
Supply management make sure that everything which is needed for supply chain is in its place. Resource Positioning, acquisition ,identifications, access, management for resources and other related capabilities of the organisation on which everything else is potential independent are managed and done by supply management system. Supply management is responsible for organising and controlling the source of direct materials as well as finished goods or the capital equipment. This is required to maintain show off the materials in a supply chain help this is also very essential part of a supply chain management system.
Value chain
A value chain is untold with which competitive analysis as well as strategies are created and its main goal is to provide a value to the customers and profits for the organisation as well. Supply chain manager is the overall flow of product as well as cash in wind direction from company to the customer where value chain help in generating in demand of the product and the return cash flow from the customer. Value chain is required for the revenue generated by return flow and is its very important to be a part of the supply chain management system.
Direct stakeholders
Without stakeholders a supply chain cannot run. Stakeholders are the most important type of stakeholders in a supply chain management system as if there is no demand there would be no need of supply chain management or any products to be delivered. Wholesalers. manufacturer, suppliers ,and retailers are some of the fine examples of the stakeholders on which, supply chain management system is totally dependent. Without the need of the customer the supply chain management would not be existed and stakeholders are also very essential for it.
Facilitators
Facilitating the facilities for supply chain management is also a very main task for creating an effective supply chain. Logistic systems which are efficient and more technological advance to provide different services like inventory management, transportation, storage and other order related functions are very much needed for a supply chain. Technology provide support to the supply chain in managing the inventory as well as the database for the supply chain management system. Indirect material suppliers are also not directly associated with the chain but they help in operation of the supply chain, it includes the tools or the supplies manufacturer for the manufacturing facility as well as other processes which is not directly in contact with the organisation.
Facilitators had an important impact on the supply chain management system hence cannot be included into the needed components or concepts for the supply chain management.
Supply chain management is a process which is used by companies to maximise the efficiency and to ensure the quality control.
The five basic components of supply chain are as follows.
1. Plan
2. Develop
3. Make
4. Deliver
5. Return.
1-Plan-
Planning is the first stage of a supply chain. A plan is developed for the actual need of the customer. For a profitable supply chain good planning is very essential. For proper resource management and customer satisfaction supply chains are developed to maintain high profits and correct delivery to the customers.
2-Develop-
Development is the second stage for the supply chain, How the source or the raw material supplier interacts with the company and provide a better service is ensured in this section. It also plans for shipping, delivery and payment. Developing relations with the suppliers is very important as raw material's quality should be constant.
3-Make-
In third stage product is manufactured , packed , shipped and delivered to the customer, This is a manufacturing step hence it plays a big role in the goals of a supply chain because if the production is slow or any part of the making reduces it speed it effects the whole system.
4-Deliver-
Delivery is the fourth part of the process in which the product is handed over to the logistics , The products are distributed with the help of warehouses and payments are collected via invoice system.
5-Return-
Return is the final part of the supply chain in which the customer can return the defective or faulty products and company can raise questions on the same..
Each of above components have their own significance in creating an effective supply chain. Main goals explained above should be strictly followed to ensure the quality and effectiveness of the chain.