EMBRY LGMT682 Module 1 Assignment Latest 2019 January Question # 00597058 Subject: Education Due on: 01/19/2019 Posted On: 01/19/2019 04:05 AM Tutorials: 1 Rating: 4.5/5
LGMT682
Integrated Logistics Management
Module 1 Assignment
Questions for Discussion and Review
Chapter 1:
The Council of Supply Chain Management Professionals
(CSCMP), defines logistics as “that part of Supply Chain Management that plans,
implements, and controls the efficient, effective forward and reverse flow and
storage of goods, services, and related information between the point of origin
and the point of consumption in order to meet customers’ requirements.” Your
management team has requested a short bio from you to put into a sales
proposal. Write a short bio on yourself (or a fictitious logistician) that
touches upon at least three of the underline concepts listed above. Suggestion:
Use a lot of verbs and adjectives.
Channel members work together in several different channel
arrangements such as (1) ownership channel, (2) negotiation channel, (3)
financing channel, (4) promotions channel, and (5) logistics channel. Select
two and discuss how IT technology (such as the internet, iPhones, iPads, etc.)
will likely influence the channel member within the next 3-5 years. Discuss the
pros and cons.
Chapter 5:
Chapter 5 discusses six barriers to supply chain management
implementation of which two described are incompatible corporate cultures and
globalization challenges. Discuss how these two potential barriers are related
and how advances in technology (i.e. the internet) may play an important role
in both creating or eliminating SCM barriers. Include examples in your discussion.
Discuss how only the slightest variations in a supply chain
process up front can greatly multiply to extremely large variations later
downstream (i.e. the “Bullwhip effect”). Discuss how over reaction and panic by
supply change managers can lead to this phenomenon and identify methods used
today to reduce this risk.
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