Page 29 - DMGT523_LOGISTICS_AND_SUPPLY_CHAIN_MANAGEMENT

Logistics and Supply Chain Management

Notes 1.9 Review Questions

1. What are the basic concepts of Supply Chain Management?
2. Discuss about the traditional supplier-buyer relationship.

3. Explain the simplified view of Kalyani Breweries supply chain.
4. What is the basic objective of Supply Chain Management?
5. “A typical supply chain may involve a variety of stages”. Elaborate.
6. What are the different stages of a supply chain?
7. “SCM philosophy drives supply chain members to have a customer orientation”. Explain.

8. What are the primary SCM activities?
9. Briefly explain the SCM value chain system.
10. “Value chain analysis is not a very difficult exercise conceptually”. Clarify.

11. What are the identified management traits that set them apart from others?
12. Discuss about financial sophistication.
13. Define and illustrate cash-to-cash conversion, dwell time minimization, and cash spin.
How do supply chain strategy and structure impact each?
14. Discuss and support the following argument: “Supply chain arrangements may reduce
consumer value.”

15. Explain about Information Technology and Logistics Management in 21st Century.
Answers: Self Assessment

1. True 2. False
3. True 4. Materials management
5. Customer 6. Competitive advantage
7. Product/material 8. Value system

9. Value chain 10. Strategy
11. Profitability 12. Performance
13. True 14. True
15. True 16. Supply

17. Digital marketing 18. Warehousing
1.10 Further Readings

Books Chopra and Meindl, Supply Chain Management – Strategy, Planning and Operation,
Prentice-Hall of India, 2006
Coyle, Bardi and Longley, The Management of Business Logistics a Supply Chain
Perspective, Thomson Press, 2006.

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