LGMT683 Full Course – Discussions and Assignments – September 2016

1.3 Discussion Questions

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Post your answer to only oneof the topics below.
Begin your post with the question you are answering and then make your
response.

1. Of the three macroprocesses in a firm, one process is the
most important. Comment on the previous statement or comment if you think
otherwise.

2. Read the purpose of the Supply Chain Operations Reference
(SCOR) Model and about its major processes. Read about the Council of Supply
Chain Management Professional’s (CSCMP) Supply Chain Management Process
Standards. Comment on the need of the above standards and present an example
from industry which has benefitted from the standards and how.

Reply to at least two of your classmates on different topics
than your original post.

LGMT 683 Module 2.2 Discussion

2.2 Discussion Questions

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Post your answer to only oneof the topics below.
Begin your post with the question you are answering and then make your
response.

1. What is the purpose of benchmarking and how can
benchmarking be used to improve supply chain performance? Give at least one
industry example to illustrate your point.

2. The text states that the intercompany scope of strategic
fit is essential today because the competitive playing field has shifted from
company versus company to supply chain versus supply chain. Briefly describe at
least one industry example to illustrate this important point.

3. The text states that a company’s partners may determine
the company’s success. Do you agree or disagree? Why?

Reply to at least two of your classmates on different topics
than your original post.

LGMT 683 Module 3.2 Discussion

3.2 Discussion Questions

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Post your answer to only oneof the topics below.
Begin your post with the question you are answering and then make your
response.

1. Briefly describe one example of a firm that appears to
have done a good job in balancing their e-business distribution network with
their “brick and mortar” distribution store network. Use at least four criteria
from the e-business scorecard in the text to justify your response.

2. Why is it important to ensure that incentives are aligned
in a supply chain? (Hint: see summary at end of the presentation for Chapter 4)

Reply to at least two of your classmates on different topics
than your original post.

LGMT 683 Module 4.2 Discussion

4.2 Discussion Questions

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Post your answer to oneof the questions below.
Begin your post with the question you are answering and then make your
response.

1. As noted in the text, supply chain network design
decisions are not easy to change in the short term. Why? Give at least one
example to illustrate your point.

2. Briefly describe the implications of poor forecasting on
a supply chain. In other words, what are some of the bad things that can happen
as a result of inaccurate demand forecasts?

Respond to at least two of your classmates, at least one
response to a different topic than your original primary post.

LGMT 683 Module 5.2 Discussion

5.2 Discussion Questions

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Post your answer to only oneof the topics below.
Begin your post with the question you are answering and then make your
response.

1. Why is collaboration important in supply chain planning?
Give at least one industry example where an organization has been practicing
CPFR along with the benefits gained and challenges faced.

2. Briefly describe how a major retailer is using one or
more of the strategies addressed in the text to promote and/or discount
selected products to improve their profits. What are the implications of this
strategy on their supply chain?

Reply to at least two of your classmates on different topics
than your original post.

LGMT 683 Module 6.4 Discussion

6.4 Discussion Questions

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Post your answer to only oneof the following
topics. Begin your post with the question you are answering and then make your
response.

1. Select and briefly describe one managerial lever (or
strategy) for reducing lot size and cycle inventory in the supply chain,
without increasing costs.

2. Discuss bull whip effect and how a retailer can hurt
supply chain profits by making lot-sizing decisions to minimize its own costs.

Reply to at least two of your classmates on different topics
than your original post.

LGMT 683 Module 7.2 Discussion

7.2 Discussion Questions

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Post your answer to only oneof the following
questions. Begin your post with the question you are answering and then make
your response.

1. Briefly describe at least one example of how a public or
private enterprise can use the postponement of product differentiation to
increase profits.

2. Select a company or industry and describe what metrics
you would use to evaluate the effectiveness and efficiency of your
transportation strategy? Briefly explain your choice of metrics.

Reply to at least two of your classmates on different topics
than your original post.

LGMT 683 Module 8.2 Discussion

8.2 Discussion Questions

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Post your answer to only oneof the questions
below. Begin your post with the question you are answering and then make your
response.

1. Based on your own experience or research, briefly
describe at least one example of a public or private enterprise that has
outsourced the management of one or more of its supply chain related
activities. Include in your answer the name of the firm, the name of the third
party, and a brief statement regarding the benefits claimed. In your opinion,
what are the downside risks?

2. Based on your own experience or research, briefly
describe at least one example of a public or private enterprise that has
offshored the management of one or more of its supply chain related activities.
Include in your answer the name of the firm, the name of the third party, and a
brief statement regarding the benefits claimed. In your opinion, what are the
downside risks?

3. Supply chain-related electronic auctions have been
increasing in sophistication and popularity over the years. Using the Internet,
briefly describe at least one firm that offers electronic supply chain-related
auctions and summarize the services they offer. Also, please share their
Internet address with your classmates.

4. Please describe at least one example of a firm that is
using dynamic pricing to increase revenue. Be as specific as possible.

Reply to at least two of your classmates on different topics
than your original post.

LGMT 683 Module 9.2 Discussion

9.2 Discussion Questions

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Post your answer to only oneof the questions
below. Begin your post with the question you are answering and then make your
response.

1. Discuss some of the differences between take back
legislations in US compared to other countries.

2. Describe some of the challenges in the integration of
forward and reverse supply chains.

Reply to at least two of your classmates on different topics
than your original post.

LGMT 683 Module 1.4 Assignment

Chapter 1– Understanding the Supply Chain

1. Describe ‘supply chain surplus’. Describe the different
phases of supply chain decision making. Include an example of each of the
decisions and also how it impacts the supply chain surplus.

2. Explain the three macro processes in a supply chain and
describe how they are interrelated to each other. Also, select an organization
(other than described in the chapter) and for that organization discuss the sub
processes under each of the macro process.

LGMT 683 Module 2.3 Assignment

Chapter 2– Supply Chain Performance:Achieving
Strategic Fit and Scope

1. Business competition has shifted from company versus
company to supply chain versus supply chain. The scope of strategic fit
comprises of functions with an organizations and all stages in the supply
chain. Discuss the above two statements and provide an industry example to
support the two statements.

2. What do you understand by demand uncertainty, implied
demand uncertainty, and supply uncertainty? Identify an organization and
describe the different sources of uncertainty the organization faces in each of
the above categories.

Chapter 3– Supply Chain Drivers and Metrics

1. Compare and contrast drivers that are used for price
sensitive customers versus time sensitive customers. Select a company/industry
as a case.

2. Explain how an organization can increase its
responsiveness through information and its facilities.

LGMT 683 Module 3.3 Assignment

Chapter 4– Designing Distribution Networks and
Applications to Online Sale

1. Discuss the strengths and weaknesses` of any two
distribution network design options.

2. Which network is more suitable for commodity items
manufacturer storage with direct shipping OR retail storage with customer
pickup. Explain why?

3. Going global is many times considered as an opportunity
for market expansion. Discuss the option(s) of distribution networks
considering the local competition in the foreign country.

Chapter 5– Network Design in the Supply Chain

1. Compare and contrast the advantages and disadvantages of
a few facilities versus a large number of facilities worldwide.

2. Discuss the phases for identifying regions for facility
locations and selecting a selecting a precise location with its capacity. Also,
discuss the models to make optimal decisions.

LGMT 683 Module 3.4 Additional Homework Exercise

Submit your answers to the additional Homework exercises for
Chapter 5.

Textbook

Chapter 5 – Network Design in the Supply Chain

Right click and save the Sun Oil ExcelPreview the
documentView in a new windowdemo to your hard drive.

If the demand in Asia doubles, what happens to the total
cost and what is the best configuration of plants for Sun Oil under these
conditions? Note: Use the “Solver” capability under the ”Tools” menu (but you
need to change the demand for Asia in cell E9 from 16 to 32 prior to running
“Solver”).

*Note on using the “Solver” Add-In:The Solver Add-in is
an Excel add-in program that is available when you install Microsoft Office or
Excel. To use it in Excel, however, you need to load it first. Instructions for
doing so were included within the module.

For Excel 2003:

1. On the Tools menu, click Add-Ins.

2. In the Add-Ins available box, select the check box next
to Solver Add-in, and then click OK.

Tip: If Solver Add-in is not listed, click Browse to locate
it.

3. If you see a message that tells you the Solver Add-in is
not currently installed on your computer, click Yes to install it.

4. Click Tools on the menu bar. When you load the Solver
Add-in, the Solver command is added to the Tools menu.

For Excel 2007:

1. Click the Microsoft Office Button

2. Click Excel Options

3. Click Go

4. In the Add-ins available ;box, select the Solver Add-in check
box, and then click OK.

Tip: If Solver Add-in is not listed in the ;Add-Ins
available box, click Browse to locate the add-in.

LGMT 683 Module 4.3 Assignment

Chapter 6– Designing Global Supply Chain Networks

1. Describe the importance of decision trees, summarize in
your words the steps in decision tree analysis methodology, and describe how
periodic discount rate for each period is decided.

2. Discuss in your own words three strategies to mitigation
risk in global supply chains.

Chapter 7– Demand forecasting in a Supply Chain

1. Discuss the differences between moving average and
exponential smoothing. When will you use one over the other?

2. List some of the random components you can expect in the
demand of beer?

LGMT 683 Module 4.4 Additional Homework Exercise

  • Chapter
    6
    – Designing Global Supply Chain Networks

    • Exercise
      2 (page 170)
  • Chapter
    7
    – Demand Forecasting in a Supply Chain

    • Exercise
      2 (Page 205)

LGMT 683 Module 5.3 Assignment

Chapter 8– Aggregate Planning in a Supply Chain

1. Discuss the three aggregate planning strategies. For each
strategy, pick a product or company which may use this strategy.

2. What is linear programming? How can linear programming be
used to solve an aggregate planning problem? Present a mathematical model
(different from discussed in the chapter), solution of the model is not
required.

Chapter 9– Sales and Operations Planning: Planning
Supply and Demand in a Supply Chain

1. Discuss the advantages and disadvantages of parts
commonality across multiple products.

2. Discuss different ways of managing supply and demand.
Comment on “Coordinating supply and demand leads to maximize profitability”

LGMT 683 Module 5.4 Additional Homework Exercise

Chapter 8 – Aggregate Planning in a Supply Chain

1. Right click and save the Red Tomato DemoPreview the
documentView in a new window to your hard drive.

Using the original data in the file, what happened to
inventory and stockouts over the six periods of the planning horizon?

2. Right click and save the Red Tomato Demo for Example
1Preview the documentView in a new window to your hard drive.

What happened to stockouts as demand fluctuation increased?
What happened to profits? What did you learn from this exercise?

3. Right click and save the Red Tomato Demo for Example
2Preview the documentView in a new window to your hard drive.

What happened to the use of subcontractors as holding costs
increased? What happened to profits? What did you learn from this exercise?

Note: Use the “Solver” capability under the ”Tools” menu for
the above three exercises.

*Note on using the “Solver” Add-In:The Solver Add-in is
an Excel add-in program that is available when you install Microsoft Office or
Excel. To use it in Excel, however, you need to load it first. You should have
completed doing so in Module 3.

LGMT 683 Module 6.5 Assignment

Chapter 11– Managing Economies of Scale in a Supply
Chain Cycle Inventory

1. As an inventory quality manager at a major big box
retailer, you have been tasked to reduce the lot size of products from a major
supplier. a) Discuss which costs are expected to change. b)Your boss has tasked
you to achieve the objective of lot size reduction without increasing cost. How
will you achieve that?

2. Discuss the impact of quantity discounts and trade
promotions on lot size.

Chapter 12– Managing Uncertainty in a Supply Chain:
Safety Inventory

1. Describe the impact of supply uncertainty and on safety
inventory.

2. Describe the concept of postponement. Will you change the
variety of products you offer (as a firm) as you get better at postponement?
How?

LGMT 683 Module 6.6 Additional Homework Exercise

Submit your answers to the additional Homework exercises for
Chapter 11.

Chapter 11– Managing Economies of Scale in a Supply Chain: Cycle
Inventory

    • Exercises
      1 and 2 (page 306)

LGMT 683 Module 6.7 Additional Homework Exercise

Chapter 12 – Managing Uncertainty in a Supply Chain: Safety
Inventory

1. Using the Wal-Mart Demo for Example 4Preview the
documentView in a new window, what happens to the Required Safety Stock inventory
when the Desired Customer Service level is increased to 95%? What happens to
the Required Safety Stock inventory when the Desired Customer Service level is
decreased to 80%? What about 70%? What did you learn from this exercise?

Note: This is not a “Solver” problem. Just change the
service level directly in Excel from .90 to .80 and .70 to see the impact on
safety inventory.

2. Using the Wal-Mart DemoPreview the documentView in a new
window, what happens to the Required Safety Stock inventory when the periodic
review interval is changed to quarterly, i.e., 12 weeks versus 4 weeks? What
happens when it is changed to weekly, i.e., 1 week versus 4 weeks? What did you
learn from this exercise?

Note: This is not a “Solver” problem. Just change the Review
Interval directly in Excel from 4 weeks to 12 weeks to 1 week, respectively.

LGMT 683 Module 7.3 Assignment

Chapter 13– Determining the Optimal Level of Product
Availabilty

1. Briefly describe the different ways to reduce demand
uncertainty and their impact on supply chain performance.

2. Discuss how the product cost and margin determine the
level of product availability.

Chapter 14– Transportation in a Supply Chain

1. What do you understand by tailored transportation?
Discuss the factors that tailored transportation depend upon.

2. What kind of network is most suited for a big box
retailer like Target? Discuss why?

LGMT 683 Module 7.4 Additional Homework Exercise

Chapter 13 – Determining the Optimum Level of Product
Availability

Using the Sportmart DemoPreview the documentView in a new
window, the manager decided to conduct market research and, based on the
additional information she obtained from the research, she believes that the
standard deviation of demand can be reduced to 50 instead of 100. What is the
impact of profitability? What happens to profitability if the standard
deviation of demand increases to 150? What did you learn from this exercise?

Note: This is not a “Solver” problem. Just change the
Standard Deviation directly in Excel from 100 to 50 and then 150 to see the
impact on profitability.

LGMT 683 Module 8.3 Assignment

Chapter 15– Sourcing Decisions in a Supply Chain

1. Explain the differences between quantity flexibility and
buyback contract.

2. Design collaboration with suppliers can help a firm
reduce cost, improve quality and decrease time to market. Support this
statement with a brief explanation. What are the best practices for an
effective design collaboration?

Chapter 16– Pricing and Revenue Management in a
Supply Chain

1. What do you understand by dynamic pricing? Discuss its
application in airline industry.

2. How can a kids’ bouncy place use revenue management to
improve financial performance?

Chapter A– Information Technology in a Supply Chain

1. What do you understand by software as a service (SaaS)?
What do you understand by cloud computing and it application with SaaS?

LGMT 683 Module 8.4 Additional Homework Exercise

Chapter 15 – Sourcing Decisions in a Supply Chain

1. After reviewing the last three lines of Table 15-3 in
your text, as the buy-back price for each disc increases from $0 to $6 while
the wholesale price is held constant at $7, what happens to profits for the
music store (the retailer) and the supplier (the manufacturer)? What about
overall supply chain profitability? What is the lesson to be learned from this
exercise?

The information presented in Table 15-3 assumes that there
are no costs associated with returning the “buy-back” products to the supplier.
As the transportation costs to return the goods being bought back increases,
what happens to the profitability of the supply chain?

Chapter 16 – Pricing and Revenue Management in a Supply
Chain

2. Right click and download the Pricing to Multiple Segments
dataPreview the documentView in a new window to your hard drive. What happens
to prices and profitability when the sensitivity for customers that are willing
to wait (i.e., segment 2) increases from 40p1 to 80p1? What did you learn from
this exercise?

Note: Use the “Solver” capability under the ”Tools” menu
(but you must set sensitivity in cell C6 to desired level before you run
“Solver”).

3. Right click and download the Dynamic Pricing DataPreview
the documentView in a new window to your hard drive. What happens to the
quantity purchased and profitability if the price sensitivity increases to from
1.8p3 to 1.9p3 in the third period? What did you learn from this exercise?

Note: Use the “Solver” capability under the ”Tools” menu
(but you must set sensitivity in cell C8 to desired level before you run
“Solver”).

*Note on using the “Solver” Add-In: The Solver Add-in
is an Excel add-in program that is available when you install Microsoft Office
or Excel. To use it in Excel, however, you need to load it first. You should
have completed doing so in Module 3.

LGMT 683 Module 8.5 Research Paper Submission

Each student must prepare a formal 10 page research report
paper on a topic of your choice related to global logistics or supply chain
management. Your instructor must approve your specific topic within the given
time frame. Your final paper is worth 100 points and contributes 20% toward
your course grade. Your paper will be evaluated according to the criteria in
the rubric linked in the submission activity.

Your paper should include the following:

Research.jpg

Demonstrating quality and depth of content

Organizing the report properly

Following formatting requirements:

Times New Roman, 12 pt. Font

Double Spaced

Use of Page Numbers

Title Page

Table of Contents

Appropriate labels on figures and tables

Demonstrating correct grammar and evidence of proof-reading,
i.e., no spelling errors

Including a variety and documentation of references used;
format for references follows APA Guidelines

Below are the due dates for all parts of your research
paper:

Module 2: Submit topic for approval

Module 4: Outline due

Module 7: Rough Draft should be complete

Module 8: Final Research Paper Submitted (graded, worth 20%
of total grade)

Required APA Format for Research Paper

The format for your research paper can be found in the
current Publication Manual of the American Psychological Association(APA). Take
this opportunity to become familiar with the APA Manual (Links to an external
site.) and its format.

Review the grading rubric attached to the Research Paper
Submission Activity (8.5) for detailed grading criteria.

Upon submission, your final paper will automatically be
evaluated through Turnitin (Links to an external site.), an originality
detection tool. Your paper will be checked against a database of millions of written
works and provide feedback on originality. You may view your originality
report; however, you will not be permitted to submit your paper a second time.
Ensure your work is entirely your own and cite your sources!

LGMT 683 Module 9.3 Assignment

Chapter 10– Coordination in a Supply Chain

1. What is the bullwhip effect and how CPFR can benefit the
supply chain partners minimizing the bullwhip effect?

2. Discuss some of the pricing and promotion policies that
can facilitate coordination.

Chapter 17– Sustainability and the Supply Chain

1. What do you understand by tragedy of commons? Discuss
some of the solutions to this tragedy.

2. What do you understand by reverse logistics and closed
loop supply chains? Discuss some of the challenges involved in integrating
forward and reverse supply chains.

LGMT 683 Final Exam

Question 1 5 pts

Managers should ensure that a firm’s transportation strategy

Involves cost minimization.

Involves profit maximization.

Supports its competitive strategy.

Is separate from competitive strategy.

None of the above

Question 2 10 pts

What is the impact of lack of coordination on the
performance of the supply chain?

Question 3 10 pts

From an IT perspective, describe the difference between the
type of information required for “demand planning” versus
“supply planning” and in which macro process would these two
processes fit?

Question 4 10 pts

The primary role of revenue management in a supply chain is
to increase the total margin earned on assets. Please explain.

Question 5 10 pts

Why should on-time performance be considered in supplier
selection decisions?

Question 6 10 pts

What is the bullwhip effect and how does it relate to lack
of coordination in the supply chain?

Question 7 10 pts

Please describe (a) what is meant by the practice of
“postponement” and (b) how this concept can be used to improve supply
chain profitability.

Question 8 10 pts

List and briefly describe at least three managerial levers
that can be used to achieve coordination in a supply chain.

Question 9 10 pts

Explain how differential pricing in a supply chain can
benefit a firm?

Question 10 10 pts

Explain the role of forecasting in revenue management.

Question 11 10 pts

What is (a) cycle inventory and (b) what can managers do to
minimize the costs of cycle inventory?

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