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Problem 2. Construct an FMEA of a simple, theoretical process, or a process that you

have worked with. Please describe the process and its shortcomings, then construct the

FMEA model based on your description. Include at least 2 but no more than 5 Failure

Modes. Please suggest the issues that need to be resolved first using RPN.

Briefly discuss costs and impacts associated with remedying the issues.

Don't bother filling out the Resulting Status Columns, unless you have an actual

example...

Fig: 1


Most Viewed Questions Of Supply Chain Management

# 3. In what way can improper incentives lead to a lack of coordination in a supply chain?What is the impact of the lack of coordination on the overall supply chain performance? What countermeasures can be used to offset this effect?


#1. A North Face retail store in Chicago sells500 jackets each month. Each jacket costs the store $100 and the company has an annual holding cost of 25 percent. The fixed cost of a replenishment order (including transportation) is $100. The store currently places a replenishment order every month for 500 jackets. What is the annual holding and ordering cost? On average, how long does a jacket spend in inventory? If the retail store wants to minimize ordering and holding cost, what order size do you recommend?How much would the optimal order reduce holding and ordering cost relative to the current policy?


Identify FOUR sourcing approaches, and for each one, identify and explain how you apply them to a category of spend within your organisation. Choose one of these categories and develop a supplier appraisal check list.


1. The following data were obtained from a recent quarterly report for Dell Computer (in millions): Net revenue $8,028 $6,580 Cost of revenue Inventories: Production materials Work-in-process and finished goods Accounts receivable Accounts payable Calculate the cash-to-cash cycle time for Dell. $126 $224 $2,689 $4,326 2. Obtain from the Internet the current data needed to calculate cash-to-cash cycle time for Dell Computer, Gateway, and Cisco Systems. Calculate the measure for each company and critically evaluate the differences in how the companies operate their supply chains. 3. Evaluate the effect of the following changes that a company makes on cash-to-cash cycle time. Indicate simply the direction of movement of the measurement (i.e., up, down or no change). Reduction in cost-of-goods sold More frequent deliveries from suppliers Reductions in time customers are allowed to pay for goods Change from paying suppliers on receipt of goods to waiting 60 days to pay suppliers Write-off of obsolete inventory Reduction in labor content in a production process Outsourcing the production of a major product 4. Return to the Ajax sandwich example on page 17. Suppose that in addition to the 300 peanut butter and jelly sandwiches to be delivered on Friday, Ajax also needs to make 2,000 sandwiches of other varieties. Assume that the same amount of time is needed to assemble sandwiches and that each parttime student can work for five hours. How many students are needed on Thursday?


2. A popular brand of tennis shoe has had the following demand history by quarters over a three-year period: 2015 1 2 3 4 Demand 12 25 76 52 2016 1 2 3 4 Demand 16 32 71 62 2017 1 2 3 4 Demand 14 45 84 47 a. Determine the seasonal factors for each quarter by the seasonal decomposition method. b. Based on the result of part (a), determine the deseasonalized demand series. c. Predict the demand for the first quarter of 2018 for the deseasonalized series from a six- quarter moving average.


4. Describe the triple bottom line of sustainability in the context of sustainable procurement. For each pillar,provide one example of unsustainable operation by suppliers and discuss how buying firms can address the issue.


2. The following table shows the life cycle cost summary of a current approach for a system's operations. If you think the cost allocation in this approach is good, explain why it is good. If you do not think it is good, explain how you would change the cost allocation and why your change is better? Discuss the potential issues for implementing this current approach (if you think it is good) or your approach (if you think the current approach is not good). (14 points)


1. What will the failure-rate curve look like with incorporating system changes, upgrades, and maintenance? Discuss potential issues involved after each of these activities. What is the role of a logistics system in responding these changes/upgrades/maintenance activities? (12 points)


(30 MARKS) There are Four (4) essay questions in this question paper. Answer One (1) essay question only. All essay questions carry equal marks. 1. The strategic fit of supply chain management refers to the alignment of a company's supply chain strategy with its overall business strategy to achieve competitive advantage. However, achieving and maintaining this strategic fit can be challenging for companies due to various factors. Examine how companies can overcome FIVE (5) major challenges to achieving and maintaining strategic fit of supply chain management? (30 Marks) 2. Businesses that can optimize the drivers of supply chain management and align their supply chain strategy with their overall business strategy can achieve a competitive advantage and drive long-term success. Analyse FIVE (5) key drivers of supply chain performance, and how can companies optimize them to achieve competitive advantage? (30 Marks) 3. Choosing the right supply chain configuration is critical to achieving operational efficiency, customer satisfaction, and long-term success. Distinguish FIVE (5) different supply chain configurations that companies can adopt to achieve operational and strategic goals, and how can they evaluate which configuration is best suited for their business? (30 Marks) 4. Lean supply chain approach is a strategy for managing the supply chain that emphasizes on value creation. Examine FIVE (5) ways how companies implement a lean supply chain approach to optimize their operations and achieve a competitive advantage, and what are the key strategies for successful implementation? (30 Marks)


Task 1 of 2 - Essay (AC 1.1, 1.2, 1.3, 2.1, 2.2, 2.3, 5.1, 5.2, 5.3) Instructions: Choose one organisation and write an essay in which you should use specific examples that: • Outline the nature of the organisation with a background to its operations. • Critically explain why an effective supply chain is important to all business functions within the organisation and the key factors to develop an integrated supply chain strategy. Evaluate why and how the organisation maintains supplier relationship, before recommending a supplier relation system to your selected organisation. • Critically analyse the factors to consider in developing a strategy to improve an organisation's supply chain. ● ● Assess the use of information technology to create strategies to develop effective supplier relationships. Provide two or more options to improve the supply chain of your organisation and assess their suitability, feasibility, acceptability and benefits before making your justified recommendation.