Q1.a. List the ten steps of assessment of supply chain management
Answer : Supply chain management systems vary in size, scope, and methodology from one business to another–but generally the purpose is the same: to move product from one supply chain participant to the next in the most efficient and cost-effective means possible.
Your business supply chain strategy can focus on one particular area such as perfect order fulfilment ratio, logistics, return rate, pricing or order quality. In any case, every supply chain strategy has behind it systems and processes that should be visited from time to time and determine if there are improvement opportunities available.
For supply chain management systems, the results of a focused assessment can bring real savings to a business along with substantial productivity improvements.
Supply Chain Management Assessments
Oxford Consulting Group can assist you in building a sound supply chain strategy by conducting a supply chain management assessment for your business. This can include:
- Documenting your existing processes with detailed process flow maps, system-to-system communications and supply chain participant interfaces
- Evaluating existing processes against industry best practices to determine if there are any opportunities available that can improve the processes
- Observing system performance and existing reporting or key performance indicators
- Reviewing options regarding the various available supply chain solutions, including “low hanging fruit” changes as well as larger, more strategic options
- Analyzing implementation and upgrade processes including testing, training, documentation and customization steps
- Identifying key areas of improvement and recommending solutions and implementation steps
- Performing a gap analysis of existing systems versus recommended solutions
- Prioritizing efforts based on several factors including ease of implementation, return on investment, and resource availability
- Assisting with RFP development and providing an objective review of proposals, proof of concepts, and other evaluations
Oxford Consulting Group has extensive supply chain and industry experience. We’ll leverage this to review your supply chain at a very high level as well as at the micro level to find improvement opportunities. You will realize significant value in the assessment and gain a very sound supply chain strategy that can sustain your business for the long term.
b. List out the benefits of mapping the supply chain process.
Q2. Summarise the important components of Supply Chain
Q3. Evaluate the E-business impact on Supply Chain
Q2. E-BUSINESS AND ITS IMPACT ON SUPPLY CHAIN MANAGEMENT
Q4. Summarise the role of marketing in Supply Chain Management.
Q5. Explain the need and importance of Reverse Supply Chain Management
Q6.a. List the advant
