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Master of Business Administration- MBA Semester 3
ML0010 – Warehouse & Supply Chain Management – 4 Credits
(Book ID: B1761)
Assignment Set – 1 (60 Marks)
Note: Answer all questions (with 350 to 400 words each) must be written within 6-8 pages. Each Question carries 10 marks 6 X 10=60
Q1. Define Warehousing? What are the attributes of ideal warehousing? 02+08=10
Answer : A warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial areas of cities and towns and villages. They usually have loading docks to load and unload goods from trucks. Sometimes warehouses are designed for the loading and unloading of goods directly from railways,
Q2. List the key metrics used in supply chain management. 00+10=10
Answer : 12 Key Metrics For Supply Chain Management
Supply Chain Management (SCM) requires management of complex dependencies between teams, departments and partner companies across international boundaries. It is a natural area for metrics.
Supply Chain Metrics may include measurements for procurement, production, transportation, inventory, warehousing, material
Q3. What are the basics of strategic supply chain management? Also enlist the imperatives for the supply chain strategy. 02+08=10
Answer : The concept of Supply Chain Management is based on two core ideas. The first is that practically every product that reaches an end user represents the cumulative effort of multiple organizations. These organizations are referred to collectively as the supply chain.
The second idea is that while
Q4. Discuss the basic sets of processes that ensure an effective management of transportation processes. 00+10=10
Answer : Transportation planning is a cooperative process designed to foster involvement by all users of the system, such as the business community, community groups, environmental organizations, the travelling public, freight operators, and the general public, through a proactive public participation process conducted by the Metropolitan Planning Organization (MPO), state Department of Transportation (state
Q5. What do you understand by time series forecasting? Explain the components of time series demand forecasting. 02+08=10
Answer : The ability to model and perform decision modelling and analysis is an essential feature of many real-world applications ranging from emergency medical treatment in intensive care units to military command and control systems. Existing formalisms and methods of inference have not been effective in real-time applications where
Q6. What is bullwhip effect? Describe the causes of bullwhip effect. 05+05=10
Answer : The Bullwhip Effect
An unmanaged supply chain is not inherently stable. Demand variability increases as one moves up the supply chain away from the retail customer, and small changes in consumer demand can result in large variations in orders placed upstream. Eventually, the network can oscillate in very large swings as each organization in the supply chain seeks to solve the problem from its own perspective. This phenomenon is known as
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