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1. Characteristics of Business Environment – 18 B.

E
- Environment is inseparable part of business
- Environment is dynamic
- Business lacks control over environment
- Environment has a far reaching impact
- Internal and external factors
- Environment is complex
- Environment is multi-faceted
- SWOT analysis

2. Explain how business environment has changed after introduction of globalization -


https://www.ukessays.com/essays/management/effects-globalisation-businesses-2964.php
- Competition
- Rise in technology
- Employment
- Fluctuation in prices
- Job insecurity in business

3. Steps taken by supply chain to sustain operation -


https://www.greenbiz.com/blog/2014/01/24/6-steps-more-sustainable-supply-chain
- Map your supply chain
- Communicate expectations
- Baseline supplier performance
- Develop trading and capacity building programs
- Drive performance improvement
- Join industry collaboration

4. Supply Chain Risk Mapping - https://www.getbusinessresilient.co.uk/get-resilient/supply-


chain-risk-mapping-tool/

6. Kraljic Matrix - https://www.supplychainopz.com/2013/05/kraljic-matrix.html

5. Balance score card for evaluation of SCM -


http://iieng.org/images/proceedings_pdf/1814E1113024.pdf
7. Suppy demand Mapping –

8. ware housig strategy. How it in decision to have one more warehouse? -


https://www.supplychain247.com/article/6_tips_for_creating_a_warehouse_strategic_plan/Invent
ory_Optimization

1. Outline your existing operation


2. Determine your warehouse storage and inventory needs
3. Find weaknesses and areas for change in your current warehouse effort
4. Identify alternative solutions
5. Evaluate your new plans
6. Update your plan based on your assessments.

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