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MAN203 Logistics & Supply Chain Management

   

Added on  2020-05-11

17 Pages4107 Words74 Views
Running head: LOGISTICS AND SUPPLY CHAIN MANAGEMENT Logistics and supply chain management Name of the studentName of the UniversityAuthor Note

1LOGISTICS AND SUPPLY CHAIN MANAGEMENTTable of ContentsIntroduction......................................................................................................................................3Section 1..........................................................................................................................................31. Forecasting...................................................................................................................................3a. Why is forecasting essential for a organization to improve its logistics and supply chainmanagement?...............................................................................................................................3b. Describe the three main types of forecasts used within the context of the supply chain.........4c. How can a business improve its forecasting abilities?.............................................................62. 3PLs.............................................................................................................................................7a. What is a 3PL?.........................................................................................................................7b. What is the information you would seek from a 3PL to demonstrate its ability to meet yourcompany requirements?...............................................................................................................73. Humanitarian logistics.................................................................................................................8a. What is humanitarian logistics?...............................................................................................8b. In general terms describe the roles of six key players in the humanitarian aid supplynetwork identified in the lectures that should collaborate to provide humanitarian support inthe times of disasters....................................................................................................................84. Using Information Technology in Logistics and Supply Chain Management............................9Identify and briefly describe five ways that Information Technology is being used to improvesupply chain and logistics efficiency and effectiveness............................................................10

2LOGISTICS AND SUPPLY CHAIN MANAGEMENTSection 2........................................................................................................................................10Case Study 1 Questions.................................................................................................................11a. Describe four activities that IKEA is using to ensure its supply chain is sustainable anddescribe the ways that IKEA is influencing all elements of its supply chain to adoptsustainable practices..................................................................................................................11b. Discuss the effect that IKEA’s sustainable sourcing and supply practices are having and arelikely to have upon the entire furniture industry now and into the future.................................12Case Study 2 Questions.................................................................................................................12a. Describe some of the ways that IKEA uses its customers to improve the efficiency andeffectiveness of its logistics and supply chain management.....................................................12b. How does IKEA collaborate with its suppliers and logistics partners to ensure end-customersatisfaction with its products?....................................................................................................13Conclusion.....................................................................................................................................13Reference.......................................................................................................................................15

3LOGISTICS AND SUPPLY CHAIN MANAGEMENTIntroduction In certain businesses, multiple promotions functioning in a concurrent manner might beresulting in cannibalizing both promoted as well as non-promoted SKUs. To integratedistributor-level promotions as well as associated forecasts will be allowing Dell towardsimproving the flow of products as well as actualizing better outcomes regarding availability aswell as stock fill rates. In the same manner, to improve the capability of forecasting the impactregarding price changes will be taking place on both revenue as well as gross margin dollars,when it is effectively timed. As per the 5 Levels of Planning Hierarchies, majority of theorganizations are having the requirement for a strong SIOP as well as Master Scheduling toschedule production in a more effective way. Section 11. Forecasting a. Why is forecasting essential for a organization to improve its logistics and supply chainmanagement?1. To increase the satisfaction of the customers – For keeping the customers satisfied, Dell isrequired providing them with the product they desire and when they need it. This forecastingadvantage in business will assist in predicting the demand of the product so that there is theavailability of adequate product for fulfilling the orders of the customers with short-lead times,on-time. The significance of forecasting is much higher in Made-to-Stock (MTO), JIT SupplyBusiness or Assemble-to-Order (ATO) (Seuring 2013).

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