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Distribution and Supply Chain Management

Can you please help me with these questions? I am having difficulty with this distribution. Each response must be one decent paragraph. Name of the textbook enclosed. Thanks in advance for your help.

DISTRIBUTIONS & SUPPLY DISCUSSIONS

1. In your opinion, what is Supply Chain Management? Please, if possible, do so BEFORE completing the reading for this week. If you have completed the reading, that is okay, but please respond with what your opinion is and not just what the book says.
2. What specific role does logistics play in supply chain operations?
3. This week's reading looks at some common trade-offs between the work areas of logistics. Please discuss what these are and whether or not you believe that there is a trade-off. Why do you feel this way? Don't be afraid to challenge the book if you disagree or can think of examples that prove them wrong. If a trade-off does exist, can it be minimized?
4. Using the criteria in table 3.1 in your text, give some specific examples of how customers might evaluate the performance of a supplier. Real life examples from your personal experience are valuable as well if you have any that you would like to share.
5. Discuss the benefits and risks to using volume consolidation and a single supplier.
6. Using television receivers as an example, how could three different brands be perceived by different consumers as being the best quality brand in the market?
7. Discuss the importance of collaboration in the developing of supply chain strategies. Please provide a detailed response.
8. Identify and discuss the major forecast components. Why is it important to decompose demand into these components when developing new forecasts?

Bowersox, D.(2013). Supply Chain Logistics Management. (4th ed). Richard D. Irwin, Inc

Solution Preview

1. In your opinion, what is Supply Chain Management?" Please, if possible, do so BEFORE completing the reading for this week. If you have completed the reading, that is okay, but please respond with what your opinion is and not just what the book says.

Supply chain management is the process of working to get product from the manufacturer up the distribution channel to the consumer in the most efficient manner possible. This includes the process of manufacturing, inventory, ordering, shipping, and delivery. Optimally, it means having the right product in stock at the right time while minimizing overstock and out of stocks.

2. What specific role does logistics play in supply chain operations?

Logistics is the work "required to move and position inventory throughout a supply chain" (Bowersox, 2013). In reading the book, it appears logistics is much more what I previously thought supply chain management was! It is the process of how a company integrates the process of managing orders, inventory, distribution, warehousing, and other tasks including packaging the product and handling it throughout the process. Logistics links all the tasks together so they are performed in a logical, timely order.

3. This week's reading looks at some common trade-offs between the work areas of logistics. Please discuss what these are and whether or not you believe that there is a trade-off. Why do you feel this way? Don't be afraid to challenge the book if you disagree or can think of examples that prove them wrong. If a trade-off does exist, can it be minimized?

There are definitely trade offs between the work areas of logistics. It is a constant battle to make sure there is enough stock in the system without having too much on hand at any given time. Just in time inventory is optimal but this is difficult to achieve, due to the different minimum order requirements of materials, purchasing discounts, seasonal demand changes, etc. Other common trade-offs between the work areas of logistics ...

Solution Summary

This solution provides definition of supply chain management, explains role logistics plays in supply chain management, trade-offs in logistics, how to evaluate performance of a supplier, how consumers rate quality, importance of collaboration in supply chain strategies, and major forecast components. Includes APA formatted references.

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