Supply Chain Management
To introduce supply chain management thinking to students in terms of measures within the supply chain management area. Supply Chain performance measures can be based on many measures, for example:
Supply chain costs as a percent of sales
Supply chain response time
Time spent placing an order
Percentage of late deliveries
Percentage of rejected material
Number of shortages per year
Inventory turns
Inventory as a percentage of total assets
Cash to conversion cycle
Dwell time
On-shelf in-stock percentage
3-year weighted return on assets
3 year weighted revenue growth
You need to investigate manufacturing and distributing many stock-keeping units to the local or global market of an organization. Choose an organization and write an academic report on the measures used by the organization to improve supply chain performance within the organization. The approach is as follows:
Analyze the way in which the organization supplies raw materials, components, sub-assemblies, and finished goods to the local and/ or global market.
Evaluate the various measures used within the supply chain activities of the organization.
Suggest additional measures that can be used for this organization.
Identify possible barriers that can prevent the necessary recommended measures from being implemented.
Besides, you need to set up an interview with the supply chain manager in an organization, where you can gain access. Predetermine the questions you wish to ask and record the answers later for your consideration