Supply Chain Management for Desklib
Added on 2023-06-14
10 Pages2692 Words388 Views
RUNNING HEAD: SUPPLY CHAIN MANAGEMENT 1
Supply chain management
Name of the student:
Supply chain management
Name of the student:
Supply chain management 2
Contents
Effectiveness of current ordering system..................................................................................3
Possibility of improving the current ordering system................................................................3
Some of the major global issues that will be relevant to the area of strategic sourcing............4
Quantitative and qualitative analysis.........................................................................................5
Impact of less-than-perfect demand forecasts for Guncotton products, and of volatility in the
length and cost of transport services to move its products..............................................................6
Things to be done in order to mitigate the issue........................................................................7
Strategic sourcing process.........................................................................................................7
References..................................................................................................................................8
Contents
Effectiveness of current ordering system..................................................................................3
Possibility of improving the current ordering system................................................................3
Some of the major global issues that will be relevant to the area of strategic sourcing............4
Quantitative and qualitative analysis.........................................................................................5
Impact of less-than-perfect demand forecasts for Guncotton products, and of volatility in the
length and cost of transport services to move its products..............................................................6
Things to be done in order to mitigate the issue........................................................................7
Strategic sourcing process.........................................................................................................7
References..................................................................................................................................8
Supply chain management 3
Effectiveness of current ordering system
The company is currently managing a wide range of products by handling the portfolio and
delivering the goods in a systematic order. It is therefore considering the lag in delivering the
goods on time and the ineffectiveness in managing the program in a better way. This is seriously
a problem in understanding the supply chain and allocating the resources in a better way. The
purpose is to understand the wide variety of objects and verifying the ordering
system(Song,2012). This system is evident from the point of view of verifying the strategies as
delivered by the company and looking onto the matter as provided by the sustainable supply
chain management. This is evident in verifying the current strategic planning and connecting it
with the organizational value. Purpose of the supply chain function is to maintain a long-term
planning in order to manage the changes in a long-term relevancy and adequacy. The plan is
important enough for systematic delivery of goods and adjusting with the effective time-period.
It is necessary from the point of view of gaining adequate results. The purpose is to manage a
cycle that is necessary to allocate the appropriate location in order to manage the changes in
ordering system (Van Weele, 2009).
Evaluate the effectiveness of the current ordering system
The effectiveness of the current ordering system is managed in order to manage the Ordering
system. This will evidently help in organizing the overall system and developing the supply
chain.
Computation of EOQ Model
Data
d = 155000 (demand/year)
K = $1.4 (setup cost)
h = $0.10
(unit holding
cost)
L = 10
(lead time in
days)
WD
= 200
(working
days/year)
Effectiveness of current ordering system
The company is currently managing a wide range of products by handling the portfolio and
delivering the goods in a systematic order. It is therefore considering the lag in delivering the
goods on time and the ineffectiveness in managing the program in a better way. This is seriously
a problem in understanding the supply chain and allocating the resources in a better way. The
purpose is to understand the wide variety of objects and verifying the ordering
system(Song,2012). This system is evident from the point of view of verifying the strategies as
delivered by the company and looking onto the matter as provided by the sustainable supply
chain management. This is evident in verifying the current strategic planning and connecting it
with the organizational value. Purpose of the supply chain function is to maintain a long-term
planning in order to manage the changes in a long-term relevancy and adequacy. The plan is
important enough for systematic delivery of goods and adjusting with the effective time-period.
It is necessary from the point of view of gaining adequate results. The purpose is to manage a
cycle that is necessary to allocate the appropriate location in order to manage the changes in
ordering system (Van Weele, 2009).
Evaluate the effectiveness of the current ordering system
The effectiveness of the current ordering system is managed in order to manage the Ordering
system. This will evidently help in organizing the overall system and developing the supply
chain.
Computation of EOQ Model
Data
d = 155000 (demand/year)
K = $1.4 (setup cost)
h = $0.10
(unit holding
cost)
L = 10
(lead time in
days)
WD
= 200
(working
days/year)
End of preview
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