EMBRY LGMT682 Module 8 Assignment Latest 2019 January Question # 00597065 Subject: Education Due on: 01/19/2019 Posted On: 01/19/2019 04:11 AM Tutorials: 1 Rating: 4.7/5

Question

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LGMT682
Integrated Logistics Management

Module 8 Assignment

Questions for Discussion and Review

Chapter 3:

Using the Strategic Profit Model construct a model (Hint: a
good application for Excel).

a. Calculate the Net Profit Margin, Asset Turnover and
Return on Assets using:

$ thousands

Sales

1,000

Cost of Goods Sold

700

Variable Expenses

60

Fixed Expenses

120

Inventory

50

Accounts Receivable

100

Other Current Assets

150

Fixed Assets

1,500

b. What is the maximum allowable Inventory level before
Return of Asset equals 0.05?

2. Traditionally, a balanced scorecard (BSC) is used to
evaluate a typical business from four distinct perspectives: customers,
internal business processes, learning and growth, and financial results.
However, the BSC model can be adapted and applied to other domains such as
logistics. Select a global courier delivery services company (such as FedEx or
DHL), research and describe their BSC in the context of logistics (or propose a
BSC in the event you are unable to find any useful information).

Chapter 4:

Overarching managerial issues in logistics are comprised of
several “ilities” such as productivity, quality, sustainability, complexity and
possibility (risk). In many instances, these aspects are interrelated and
correlate with one another. For example, although implementing a new reverse
logistic process (sustainability) may positively influence brand recognition
(quality), it may also cause interruptions to the company’s supply chain
(productivity). Discuss how the five “ilities” are interrelated and correlate
with one another (negatively, positively or neutrally). Use examples to help
illustrate your case. Can you think of additional “ilities” not mentioned here?

Quality is associated with various organizational standards
institutes such as ISO 9000, Six Sigma, and Malcolm Baldridge. Annually, these
institutes recognize top quality companies and organizations for quality
achievement. Using the internet or any resource, identify a recent quality award
winner in logistics and supply chain management and write a brief summary (1/2
page) answering who, what (describe the award), how (what they did to win the
award) and why this particular organization received the quality award.

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