Exam (elaborations)
SCH4801 ASSIGNMENT 2 2023
- Institution
- University Of South Africa
QUESTIONS WITH ANSWERS
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6/22/2023SCH4801
ASSIGNMENT 2
2023
Questions with answers
lenovo
[COMPANY NAME]
,SCH4801 ASSIGNMENT 2 2023
QUESTION 1.1
When an organisation wants to improve their supply chain
responsiveness, they need to
___. [1]
[a] reduce supply chain relationships.
[b] use business process re-engineering.
[c] establish centralised warehouses.
[d] increase new product design cycles.
Let's evaluate each option and determine whether it is correct or incorrect
for improving supply chain responsiveness:
[a] Reduce supply chain relationships:
This option is incorrect. Reducing supply chain relationships, such as cutting
ties with suppliers or partners, can actually hinder supply chain
responsiveness. Collaboration and strong relationships within the supply
chain network are essential for effective communication, coordination, and
timely responses to changes in demand or disruptions.
[b] Use business process re-engineering:
This option is correct. Business process re-engineering involves analyzing
and redesigning existing processes to improve efficiency, reduce costs, and
enhance overall performance. By re-evaluating and optimizing supply chain
processes, organizations can streamline operations, identify bottlenecks,
and introduce more responsive practices to meet customer demands faster.
[c] Establish centralized warehouses:
This option can be correct in certain situations. Centralized warehouses can
help improve supply chain responsiveness by consolidating inventory,
reducing transportation costs, and enabling better inventory management.
However, the effectiveness of centralized warehouses depends on factors
such as the geographical distribution of customers, demand patterns, and
the nature of the products being handled. In some cases, decentralized or
, regional warehouses might be more suitable to ensure faster fulfillment and
responsiveness.
[d] Increase new product design cycles:
This option is incorrect. Increasing new product design cycles is not directly
related to improving supply chain responsiveness. While innovation and
product design can contribute to overall competitiveness, supply chain
responsiveness focuses on optimizing existing processes, reducing lead
times, and enhancing the ability to adapt to changing customer demands or
market conditions.
In summary, the correct choice for improving supply chain responsiveness
is [b] use business process re-engineering. While establishing centralized
warehouses can be beneficial in certain cases, reducing supply chain
relationships or increasing new product design cycles are not directly
relevant to improving responsiveness
Read the following inventory list to answer questions 1.2 and 1.3 that
follow. Inventory list of the retail store, For the Home
Item Number in stock Price per unit Number of
units sold
during June
2015
For the Home 140 R5 50
teaspoons
Early Morning 40 R100 5
toasters
King’s Kitchen 20 R10 000 3
refrigerator/freezer
combination
Total stock for the period – 200 items
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