19 Oct Supply Chain Product/Service Plan Part 3: Global Sourcing & Procurement and Inventory Management
How can an organization redesign a selected supply chain process to reduce non-value-added activity while maintaining or improving customer service, quality, and resilience?
· Explain how the concepts of inventory costs apply and how these costs can be minimized.
· Explain how the forecasting model you selected earlier will help improve inventory management and cost management.
· How might a bullwhip effect occur, and what steps would you take to mitigate any bullwhip effect?
· Are there any opportunities for green sourcing? Identify those opportunities and link this to overall cost.
· What value did walking through the supply chain process for your selected product or service provide you?
· How will you apply the concepts you wrote about in your professional or personal life?
Guidelines for the Supply Chain Plan Part 3 assignment are as follows.
· It should be a 4-page written paper (double spaced), Times New Roman, and 10 font.
· Directly apply the concepts of Modules 5, 6, and 7 to your selected product or service.
· Each weighted section should be a minimum of one (1) full page of written content.
· See table below for section details.
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