Page 315 - DMGT501_OPERATIONS_MANAGEMENT

Unit 13: Supply Chain Management and JIT

13.13 Self Assessment Notes

State whether the following statements are true or false:
1. Supply chain excludes the transporters but includes the customers.

2. Value chain is greater than a supply chain and every one in the organisation may not be a
part of supply chain but everyone is a part of value chain.
3. The effectiveness of storage management can be seen by the maximum amount of time the
stock is locked inside the warehouse.
4. OTIS is one of the major manufacturers of elevators in India.
5. We can also refer to the internet as public EDI or opened EDI.

6. Payment of money by your ATM cum Debit card for any purchases made is termed as
point of purchase transfer.
7. SCOR Model helps in comparing the organisation's performance to lower performing
firms and find out the strengths.
8. The supplier of major raw material required to make goods is a part of internal supply
chain.

9. Most of the FMCG companies adopt push method to carry forward the operations.
10. In processing Kanban is same as conveyance kanban.
Fill in the blanks:

11. Maruti Suzuki True Value shops are based on the concept of ................................
12. ................................ is one of the major requirements for effective functioning of internal
supply chain.

13. ................................ helps in tracking the inventory status without manual efforts and wastage
of time.
14. ................................ accumulate demand from various enterprises to make a bulk order and
receive price benefits from the suppliers.
15. One of the reasons for the benefits reaped from ................................ is because of the presence
of servicescapes in service firms.

13.14 Review Questions

1. Discuss the macro level factors that necessitated the emergence of supply chain.
2. "The supply chain can be thought of as a subset of the value chain." Discuss.
3. Who all take part in a supply chain? How does a supply chain work? Explain with an
example.
4. Write a short note on the importance of elements of supply chain.

5. "Logistics decisions are often tightly intertwined with production and inventory decisions".
Why?
6. Do you think that there should be a balanced attention given to both inbound and outbound
logistics? Justify your answer.
7. "EDI is a major cornerstone of e-commerce". Validate the statement.

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