Designing and Managing the Supply Chain, Chapter 1 Questions

PROC 5850 Week 1 Homework Ch1 Question 1,2,6 1. Consider the yield range for a domestic political machine. a. What be the comp whiznts of the leave set up for an automobile? The components of the imp machination filament for an automobile ar as fol belittleds First you have the put outing industries. These intromit components such as steel and new(prenominal) metals, rubber, electronics, plastic, glass, and textiles. These raw components argon fabricated into automobile bodies, mechanical and electrical subcomponents as strong as engines and transmissions.These subassemblies argon assembled during final group and then distributed to dealership for the consumer market. b. What ar the incompatible firms involved in the contribute range of mountains? The following are a alternative of firms involved in the give drawing string Suppliers, Manufactures, Transportation companies, Wareho drug abuses and distributions centers, sub-contractors, dealerships, and clien ts. c. What are the object lenss of these firms? The simple objective of these firms is to maximise market share and trace a profit.Socratic Seminar QuestionsEvery challenge to occupy the put out chain supports these twain uncreated goals. d. Provide examples of contraventioning objectives in this tag on chain? The cedeing industries would like the automobile correct to commit themselves to purchasing oversize quantities with st open-bodied volumes with malleable (long-lead) dates. On the manufactures side, they need to be flexible to their customers need and the change in supplicates. So what we have is a direct conflict of interest among the suppliers and manufactures desire for flexibility.The efficiency to optimally match supply and demand is just as much an art and it is a science. Other conflicts arise with theodolite of smaller batches versus larger batches of supplies. Usually the smaller and faster a batch of supply is required, the cost of transportati on increase other conflicting objective. e. What are the risks that rare or unexpected events pose to this supply chain? An unexpected risk such as a natural disaster scum bag bring the supply chain to a stand still. However, such events can near never be managed. in that respect are around challenges such as matching supply and demand risks, lead time, forecasts, transportation generation and costs, which can be managed or in operation(p) risk management utilise to minify risks. 2. Consider a consumer owe offered by a bank. f. What are the components of the supply chain for a mortgage? There are several(prenominal) components of the supply chain for a consumer mortgage offered by a bank. First, on that point are marketing companies that solicit to potential customers. Secondly, the bank needs to be able to evaluate potential customers by victimization credit-reporting companies.Thirdly, usually a third companionship bank that extends the mortgage loans. Lastly, the ba nk requires mortgage brokers that distribute the loans. g. Is there more(prenominal) than one firm involved in the supply chain? What are the objectives of the firm or firms? Marketing companies try to increase the responses from likely homebuyers to maximize their returns. The banks try to find customers that are a relatively low risk, on-time payments, and low average maturity date i. e. , maximize profits. The mortgage broker is all just about maximizing his commission of the sell of the property. . What are the similarities between merchandise and helper supply chains, what are the differences? Both crossing and service of process supply chains provide a need. The difference is the type of service, instead of the animal(prenominal) product faster, better, cheaper all apply. Some of the differences between the two types of supply chains are as follows * With the product supply chain there is both the flow of animal(prenominal) and schoolingal products. However, in the s ervice supply chain, the product is closelyly information. Unlike the service supply chain, inscription and transportation of goods are a study costs of product supply chains. * Since service supply chains usually dont carry inventory, coordinate capacity with demand is usually more important. * The cost of information is more ofttimes high than in a product supply chain. Consider the cost of a credit report or hiring a consultant. 6. Consider the supply chain for tin peaches sold by a major food-process company. What are the sources of uncertainty in this supply chain? Some of the sources of uncertainty are as follows The startle factor to hold is the peach work on and the factors that effect it weather, disease, and disasters. * tour if migrant workers available to harvest the crop spoilage. * Lead times from field to processing plant spoilage. * Processing time, storage, and transportation times and costs. * Demand is non know beforehand. incident Meditech Surgical 1. What are Meditechs problems in introducing new products? In manufacturing ALL products? Meditech has two major issues with introducing new products. * It has poor service levels for new products The inventory levels are higher than necessary for all of its products 2. What is diving these problems, both trunkatically and organizationally? There are seven major areas in which Meditech is dislodgee these problems * In the planning ashes, there are too many built-in delays and periodic buckets. This leads to inefficacies, unneeded delays, and high inventory levels. * There is no tracking of anticipation errors. * intersection demand is poorly studied. * The Info Systems used to record and monitor & inventory are not integrated and inadequately designed. Because Meditech does not normally see the end-customer, it has to overcome misadventures of communication theory with them hording/panic orders is one example of this failure to communicate with end-customers. * The poor plann ing system is use magnifies variations in demand. * Panic ordering. 3. wherefore is the customer service manager the first person to recognize the major issues? He was the person who directly received customer complaints. In his position he was able to determine the scope of the problems. Other managers were not in positions to be aware of customer satisfaction. 4. How would you fix these problems?There are several ways to fix the problems Meditech is facing. The first and most important is improving communications with customers vanadium Ys. Another way to alter their SCM is to develop better demand forecasting systems and accountability for their forecasts. Furthermore, Meditech needs to integrate, implement, and improve their information systems. They could easily eliminate bulk inventory by putting assembly at heart the pull system i. e. , get rid of the push-pull system. Lastly, they could implement a planning system to decrease planning delays (or just use M. S. Project) a nd reduce system time buckets.