Description

Chapter: 14 -Problem: 5 >> What are the trade-offs associated with product complexity versus product commonality? Discuss the initiatives that firms can use to manage product complexity.
Answer Preview: Will gravitate towards the concept that more complexity, in …

, Chapter: 2 -Problem: 2 >> Compare and contrast supply chain transaction management, decision analysis, and strategic planning systems
Answer Preview: Transaction System: characterized by formal rules, produces, and standardized communications…

, Chapter: 2 -Problem: 1 >> Discuss how Blockchain and tracking systems provide value to a firm’s customers?
Answer Preview: Blockchain provides value to a firms customers by verifying the a…

, Chapter: 14 -Problem: 3 >> Describe the internal and external forces that drive SKU commonality.
Answer Preview: External Forces Technology dynamism Lack of control over technology Product technical comple…

, Chapter: 8 -Problem: 2 >> What could the long-term impacts of the electronic logging device mandate be on the trucking industry? Assume both positive and negative potential impacts. What participant in the supply chain (e.g. shipper, carrier, driver) would be most directly affected by each?
Answer Preview: Key concepts to include are the following: Positives: Overall Safety, Driver/Load track & …

, Chapter: 14 -Problem: 2 >> Describe some of the logistics and supply chain challenges related to security, regulatory, and compliance.
Answer Preview: Concepts should include: security: determining whether the product …

, Chapter: 4 -Problem: 1 >> Gillette has involved itself in Omni-Channel marketing by establishing a subscription service for razor blades delivered to consumer homes. How does this differ in terms of service outputs from its normal distribution process?
Answer Preview: Gillette, through its expansion into Omni-Channel is now …

, Chapter: 3 -Problem: 4 >> What additional value-added services could True Value consider partnering with Yusen Logistics to implement? What could the benefit or drawback of this strategy entail?
Answer Preview: Should include concepts such as the following: Introduction of a …

, Chapter: 2 -Problem: 5 >> Discuss the role of Supply Chain event management systems in supply chain competitiveness?
Answer Preview: Consumers today expect to have visibility of a given orde…

, Chapter: 1 -Problem: 5 >> Discuss five non-traditional supply chain applications and describe the similarities and differences between traditional supply chain applications.
Answer Preview: Similarities could be the inclusion of similar supply …

, Chapter: 8 -Problem: 3 >> How might the growth of e-commerce affect existing shipper relationships?
Answer Preview: They should be encouraged to think about numerous different industries. One general consider…

, Chapter: 1 -Problem: 6 >> Describe how one of the consumer disruptors and one of the technology disruptors will impact supply chain design and strategy?
Answer Preview: They could choose the following disruptors: (1) Want it now mentality (2) Persona…

, Chapter: 2 -Problem: 3 >> Compare and contrast a firm having its own information systems, cloud computing, and software as a service?
Answer Preview: Students should first identify the elements to use in comparative analysis: …

, Chapter: 5 -Problem: 2 >> Describe the S&OP process. What are the major trade-offs that must be considered?
Answer Preview: S&OP is a process that coordinates demand and supply plans across the organi…

, Chapter: 2 -Problem: 3 >> Describe the benefits provided by Blockchain technology.
Answer Preview: Blockchain is a communications technology that facilitates secure communi…

, Chapter: 1 -Problem: 2 >> Building on your knowledge of the industry, identify and discuss at least one more consumer or industry disruptor that will impact supply chain management.
Answer Preview: One consumer or industry disrupt or that will impact supply chain management is the emergence of dig…

, Chapter: 14 -Problem: 1 >> Describe the rationale for the increased shortage of supply chain talent. Discuss the key tasks to ensure that a firm has an adequate supply of talent
Answer Preview: This is a broad industry question. The main driver of increased s…

, Chapter: 14 -Problem: 1 >> Describe the relationship among firm revenue, cost, and the number of stock keeping units.
Answer Preview: Reference figure 14 3, Impact of SKUs on Revenue and Cost. As st…

, Chapter: 6 -Problem: 6 >> How does a firms’ marketing strategy impact its decisions regarding the appropriate manufacturing strategy?
Answer Preview: Should include considerations regarding how the unique attributes of the firms go …

, Chapter: 14 -Problem: 2 >> Describe the internal and external forces that drive SKU complexity.
Answer Preview: External Forces Technology dynamism Lack of control over technology Product technical comple…

, Chapter: 14 -Problem: 4 >> Describe the types of functional skills that are necessary to effectively manage the supply chain?
Answer Preview: 1 . Analy tical Skills : The ability to analyze data and make informed decisions is essential for ef…

, Chapter: 9 -Problem: 3 >> Given the fact that both the Navy and the Air Force regularly fly pilotless aircraft for surveillance and combat missions, the idea of a driverless fork truck seems somewhat of a no-brainer. Why not pilotless cargo aircraft such as FedEx and UPS? Why not semi-trucks moving intercity without drivers? How would your answer differ if we had highways that were dedicated to the truck-only traffic, eith
Answer Preview: It is certainly possible to envision a future in which pilotless cargo planes and driverless trucks are a common sight. However, there are many techni…

, Chapter: 4 -Problem: 2 >> In general, what challenges do you think a manufacturer of consumer goods faces in implementing an Omni channel approach?
Answer Preview: Should focus on the difference regarding how direct to co…

, Chapter: 4 -Problem: 6 >> Explain the customer satisfaction “gaps” shown in Figure 4.1. Data from Figure 4.1. Transcribed Image Text: CUSTOMER SELLER Word of mouth communications GAP 1 GAP 6 GAP 5 GAP 3 GAP 2 FIGURE 4.1 Satisfaction and Quality Model Requirements Expectations Perceived performance Actual performance Performa
Answer Preview: The knowledge gap reflects managements lack of knowledge or unde…

, Chapter: 2 -Problem: 1 >> Discuss how supply chain information systems can provide a competitive advantage for the firm?
Answer Preview: Should all focus on the concept of how supply chain information …

, Chapter: 2 -Problem: 4 >> Discuss the role of TMS, WMS, and YMS in Supply chain Execution?
Answer Preview: Transportation Management Systems (TMS), Warehouse Management Systems (WMS), and Yard Management Sys…

, Chapter: 14 -Problem: 4 >> Discuss the role that duties and taxes play in logistics and supply chain design. What are some of the unique characteristics regarding the role of duties and taxes?
Answer Preview: Ultimately duty and taxes impact the cost associated …

, Chapter: 5 -Problem: 6 >> Describe the major components of an advanced planning and scheduling system. What are the major challenges in implementing such a system?
Answer Preview: Supply Chain planning systems incorporate both spatial and temporal consider…

, Chapter: 14 -Problem: 3 >> Discuss the implications of supply chain risk on supply chain cost.
Answer Preview: The key takeaway is for the student to acknowledge and articulate the concept that …

, Chapter: 1 -Problem: 4 >> Building on your insight regarding non-traditional supply chain applications, discuss where else supply chain principles could be applied.
Answer Preview: There are many areas where supply chain principles could be applied beyond the traditional industrie…

Additional Information

6 Reviews for Supply Chain Logistics Management Textbook Questions And Answers