QUESTION BANK
Unit I
1. Many regard the ‘Supply Chain’ as being
compared of inbound materials, raw material, inventories, manufacturing,
finished goods inventories and distribution and view these activities within
the purview of a single firm, other view the Supply Chain as there activities
from the point of origin to the point of competition which view do you
prefer? Give reasons for your answers.
2.
Supply Chain Management encompasses more than
the activities of any individual corporate function. However, frequently, it is seen as a synonym
of Logistics, Operations Management, procurement or even a combination of the
three. Discuss.
3.
What are the strategic decisions that are to be
undertaken in a Supply Chain?
4.
Integration of supply and demand chain will go
a long way to build an effective SCM system.
Discuss with examples.
5.
What are the main generic performance
dimensions that are relevant to operations and supply chain strategies?
Describe all of the facets of any one of these performance dimensions.
6.
How do you link goods flow, information flow,
and cash flow in SC integration? Explain
with appropriate diagram
7.
Why would a firm that is part of a completely
integrated supply chain have an advantage over a firm that does not embrace
SCM? Would there be any disadvantages to membership in such a supply chain?
8.
Map out
a supply chain. Describe key insights a manager can gain from an SC management
system.
9.
Discuss the emergence of SCM as a strategic
response to a changing competitive environment
Unit II
- Describe
how purchasing, production, and logistics decisions work together to
create customer value.
- Identify
and describe the steps in the purchasing process
- Identify
the key decision-making elements of the logistics process.
- Discuss
order fulfillment, transportation, and distribution strategies
- What is
the Bullwhip effect? Explain the
various permutations & combination to reduce this effect in SCM?
- Describe
the Push-Pull model with relevant examples.
- Discuss
the relative strengths & weakness of centralized & decentralized
warehouses?
- What do
you mean by Supply Chain Relationships?
Why is it important for the success of SCM?
- Why do you
conflicts emerge among supply chain participants? Suggest various strategies for
resolution of conflicts?
- What are
the main functions of physical distribution & distribution channel?
What are various channel structures?
- Describe
the various functions of a warehouse from logistics & supply chain
perspective.
Unit III
- Explain
why strategic cost management is important to company and SC success
- Select the
right type of cost analysis tool to best support a particular SC design
situation.
- Differentiate
between deterministic & probabilistic inventory models. Which one of more importance in a Supply
Chain? Give reasons for your answer
- Write
short notes on
- VED analysis
- ABC
analysis
- What do
you mean by an inventory? Discuss
various elements of inventory costs.
- Discuss
EOQ model with Demand rate constant, production rate finite
- Derive an
EOQ formula with different rates of demand in different cycles.
- What is
ABC analysis? Describe the procedure you would use for controlling
inventories by ABC analysis
- Discuss
the concept of JIT. Also describe its objectives and methods
- An oil
engine manufacturer purchases lubricants at the rate of Rs 90/- per piece
from a vendor. The requirement is for 6000 units per year. What should be
the order quantity, if the cost of placing an order is Rs 30 and the
inventory carrying cost is Rs 3 per year?
- A
manufacturing Co. purchases 30000 parts of a machine for its annual
requirements, ordering one month’s usage at time. Each part costs Rs 60.
The ordering cost per order is Rs 20 and the carrying charges are 20% of
the average inventory per year. You have been assigned to suggest a more
economical purchasing policy for the company. What advise would you offer
and how much money would it save?
- A
contractor has to supply 30,000 bearings to an automobile company. He
finds that when he starts a production run, he can produce 90,000 bearings
per day. The cost of holding inventory for one year is Rs 15 and the set
up cost of a production run is Rs 5,000. How frequently should the
production run be made
- In a firm
ABC Ltd., the total annual demand of a product ‘x’ is estimated 2400 units
& its replenishment cycle time is 22 days. Calculate its reorder
point.
- Neon
lights in an industrial park are replaced at the rate of 100 units per
day. The physical plant order the neon lights periodically. It costs Rs.
100 to initiate a purchase order. A neon light kept in storage is
estimated to cast about Rs. 02 per day. Teh lead time between placing
& receiving an order is 12 days. Determine the optimum inventory
policy for ordering the neon lights.
Unit IV
- Define
outsourcing and discuss reasons why companies outsource.
- Identify
and assess some of the potential risks associated with outsourcing.
- Describe
the various SC-related information technologies and information systems
that have been developed over the past several decades.
- Discuss
the emerging role of 3 PLs & 4PLs in the achievement of Supply Chain
objectives.
- Discuss
various steps involved in the process of customer service strategic
management.
- Develop a
standard CRM model for the following industries:
- Pharma
Industry
- FMCG
Industry
- Electronic
Industry
- What are
the various types of forecasting techniques? Discuss their relative advantages &
disadvantages in L & SCM perspective
- Define the
value-chain of SCM. Explain the
flow of various things in it along with their relevance
- Write a
detailed note on integrated IT solutions for logistics & Supply Chain Management.
- What do
you mean by Demand forecasting?
What are its various components?
How are they estimated?
- What is
bench marking? Discuss the implementation of benchmarking from logistics
& SCM point of view.
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