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    Exercise SCM

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    PUTERI NUR ALYSSA BINTI MUHAMMAD MURALI STUDENT
    This document outlines 14 questions for an exercise on supply chain management. The questions cover topics such as defining supply chain management, total cost ownership, supplier evaluation, the bullwhip effect, the importance of supply management on firm performance, reasons for outsourcing, challenges in supplier selection, foundations of the supply chain, sustainable sourcing, procurement strategies, managing supplier relationships during COVID-19, ethical sourcing approaches, self-evaluation criteria, and advantages and disadvantages of multiple sourcing. Students will need to answer each question demonstrating their understanding of key supply chain concepts.

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    Exercise SCM

    Uploaded by

    PUTERI NUR ALYSSA BINTI MUHAMMAD MURALI STUDENT
    6 views1 page
    This document outlines 14 questions for an exercise on supply chain management. The questions cover topics such as defining supply chain management, total cost ownership, supplier evaluation, the bullwhip effect, the importance of supply management on firm performance, reasons for outsourcing, challenges in supplier selection, foundations of the supply chain, sustainable sourcing, procurement strategies, managing supplier relationships during COVID-19, ethical sourcing approaches, self-evaluation criteria, and advantages and disadvantages of multiple sourcing. Students will need to answer each question demonstrating their understanding of key supply chain concepts.

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    Exercise scm

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    This document outlines 14 questions for an exercise on supply chain management. The questions cover topics such as defining supply chain management, total cost ownership, supplier evaluation, the bullwhip effect, the importance of supply management on firm performance, reasons for outsourcing, challenges in supplier selection, foundations of the supply chain, sustainable sourcing, procurement strategies, managing supplier relationships during COVID-19, ethical sourcing approaches, self-evaluation criteria, and advantages and disadvantages of multiple sourcing. Students will need to answer each question demonstrating their understanding of key supply chain concepts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Exercise SCM

    Uploaded by

    PUTERI NUR ALYSSA BINTI MUHAMMAD MURALI STUDENT
    This document outlines 14 questions for an exercise on supply chain management. The questions cover topics such as defining supply chain management, total cost ownership, supplier evaluation, the bullwhip effect, the importance of supply management on firm performance, reasons for outsourcing, challenges in supplier selection, foundations of the supply chain, sustainable sourcing, procurement strategies, managing supplier relationships during COVID-19, ethical sourcing approaches, self-evaluation criteria, and advantages and disadvantages of multiple sourcing. Students will need to answer each question demonstrating their understanding of key supply chain concepts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    Exercise for 21A, 22D, & 22C (17 April 2023)

    1) Define supply chain management. (3 marks)

    2) Explain the concept of total cost ownership. (3 marks)

    3) Define supplier evaluation and certification. (4 marks)

    4) Explain the bullwhip effect and how it disrupts the supply chain. (5 marks)

    5) Why is supply management important for a firm's financial performance? (6 marks)

    6) Why do purchasing firms choose to outsource? (6 marks)

    7) Why is the process of supplier selection difficult? (8 marks)

    8) Describe the foundations of the supply chain. (8 marks)

    9) Define sustainable sourcing and explain why it is important for purchasing firms. (8 marks)

    10) Describe the procurement strategies that can be implemented by purchasing firms. (9

    marks)

    11) How can supplier relationships be managed during the COVID-19 pandemic? (10 marks)

    12) What strategic approaches can purchasing firms take to initiate ethical and sustainable

    sourcing? (10 marks)

    13) What criteria can be considered by purchasing firms to perform self-evaluation of their

    performance? (10 marks)

    14) Describe the advantages and disadvantages of multiple sourcing. (10 marks)

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