Soft Copy: Yes
Downloadable File: Yes
University: IGNOU
Course: Master of Business Administration
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Q&A of Mba MS-55 Solved Assignment 2022 - Logistics and Supply Chain Management
Q. "The supply chain management (SCM) is viewed as a system that links an enterprise with its customers and suppliers." Comment on the statement.
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Q. It is a fact; SCM and BPR have a common goal and are interrelated. Explain the sentence with examples.
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Q. Information is the key to the decision making in Business. Explain the concept of information and technology in the integrated supply chain. Also, explain the importance of information in integrated business.
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Q. "Logistics Management impacts not only upon the profit and loss account of business but also upon the balance sheet?" Comment on the statement.
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Q. "Choice of location for a plant is one of the earliest problems facing management." Do you agree? Give reasons in support of your answer.
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Product Details: Mba MS-55 Solved Assignment 2022
Course: Ignou MBA (Master of Business Administration)
Session: Jan - June 2022 July - Dec
Subject: Logistics and Supply Chain Management
Old Sample Answers of Mba Ignou MS-55 Assignments
Q. Write a note on Supply Chain Management.
Answer. Supply chain management as a field is approximately 25 years old, but the traditional business functions that compose it (i.e., procurement, forecasting, production, transportation, warehousing, customer service, order management) have been around since business began..... It is well known that the supply chain management is a set of tools for efficiently integrate suppliers, manufactures, warehouses, and stores. Where this integration searches that the goods manufactured being distributed at the right quantities, to the right locations, and at right time in order to satisfy the service level requirements with a minimal total whole chain cost...... SCM is thus considered an integrating function with a primary responsibility for linking major business functions and business processes within and across companies into a cohesive and high-performing business model........... It includes all of the logistics management activities noted above, as well as manufacturing operations, and drives the coordination of processes and activities with and across marketing, sales, product design, finance, and information technology, and is thus a more holistic view of a firm........ A true supply chain emerges when multiple organizations synchronize their respective processes and adopt a more holistic supply chain management philosophy that includes strategic consideration of related areas. This includes finance, marketing, planning, and technology.............. Most supply chain problems in practice involve multi products and multi constraints. For example, any store manages hundreds of thousands of different products with limited resources such as space, budget, service level, number of orders, among others. Here, we consider a supply chain system with multiproduct and multi-constraint in which (r,Q) inventory control policy is used to manage the system.............
