Advanced Supply Chain Management NMIMS Assignment Dec 2019

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by Mr. Prakash
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Advanced Supply Chain Management

1. Demand forecasting helps in evaluating various factors which affect demand and enables management to know about various forces relevant to the study of demand behavior. If you are asked to conduct the forecasting process, explain the approach you will take to ensure that the organization is conducting an effective forecasting

2. AutoParts is an automobile parts manufacturer. The demand for a component manufactured by them is 16000 units per quarter. One of the main parts required for assembly of this component is brass bushing which is required one per unit of the component. It costs AutoPartsRs 10 to place an order for the brass bush and storing cost is estimated to be Rs 2/unit/annum. AutoParts has a policy to follow EOQ technique for ordering components. Calculate AutoParts&rsquo annual procurement cost for the brass bushing

3. An organization wants to optimize the existing supply chain.

a. What four strategic frameworks can it adopt for IT integration Explain with examples.

b. What future trends should this organization expect in Supply Chain

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