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Course Project: Supply Chain Product/Service Plan Part 3: Global Sourcing & Procurement and Inventory Management How can an organization redesign a selected supply chain process to reduce non-value-added activity

Course Project: Supply Chain Product/Service Plan Part 3: Global Sourcing & Procurement and Inventory Management

  • How can an organization redesign a selected supply chain process to reduce non-value-added activity while maintaining or improving customer service, quality, and resilience?
  • Explain how the concepts of inventory costs apply and how these costs can be minimized.
  • Explain how the forecasting model you selected earlier will help improve inventory management and cost management.
  • How might a bullwhip effect occur, and what steps would you take to mitigate any bullwhip effect?
  • Are there any opportunities for green sourcing? Identify those opportunities and link this to overall cost.
  • What value did walking through the supply chain process for your selected product or service provide you?
  • How will you apply the concepts you wrote about in your professional or personal life?

Guidelines for the Supply Chain Plan Part 3 assignment are as follows.

  • It should be a 4-page written paper (double spaced), Times New Roman, and 10 font.
  • Directly apply the concepts of Modules 5, 6, and 7 to your selected product or service.
  • Each weighted section should be a minimum of one (1) full page of written content.
  • See table below for section details.

Section

Areas to be Addressed

Weight %

Title Page (Week 1)

  • Paper title
  • Name
  • DeVry e-mail address
  • Do NOT list any personal information (i.e., phone number, address, et al.).

0%

Chapter 12 Considerations: Lean Supply Chains (Week 5)

  • How can an organization redesign a selected supply chain process to reduce non-value-added activity while maintaining or improving customer service, quality, and resilience?

25%

Chapter 11 Considerations: Inventory Management (Week 6)

  • Explain how the concepts of inventory costs apply and how these costs can be minimized.
  • Explain how the forecasting model you selected earlier will help improve inventory management and cost management.

25%

Chapter 13 Considerations: Global Sourcing and Procurement (Week 7)

  • How might a bullwhip effect occur, and what steps would you take to mitigate any bullwhip effect?
  • Are there any opportunities for green sourcing? Identify those opportunities and link this to overall cost.

25%

Conclusion (Week 7)

  • What value did walking through the supply chain process for your selected product or service provide you?
  • How will you apply the concepts you wrote about in your professional or personal life?

25%

Total

100%

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