Assignment 2: Supply Chain Design and Implementation
This assignment will help you develop an understanding about the life
cycle of supply chains including the models that are aligned with it and the
cost it bears. In addition, you will develop an awareness of the elements of
the supply chain that should be monitored to ensure the desired results are
being obtained.
Scenario:
You have been asked to be a guest speaker in a high school business
class. Your task is to explain the basic concepts of supply chain management to
a group of students. The students will take a quiz on supply chain management
based on the information in your presentation.
Instructions:
Develop a creative, engaging, educational handout that students can use
to prepare for the quiz. Your handout should accomplish the following tasks.
1.
Diagram and
explain the life cycle of a supply chain.
2.
Explain, and
provide examples of, the models organizations use to manage forecasting,
planning, and inventory.
3.
Examine, and
provide examples of, the costs absorbed by organizations with respect to
inventory and logistics.
4.
Describe how
organizations use various parameters to monitor supply chain performance and
provide examples.
