Questions and Answers
The answer to Question One
One Every supply chain is affiliated with a specific set of market demands that influences how it operates. Organizations must understand that production must me in accordance with demand, quantity, and timing. Considering the fact that bread is a commodity, which is in constant or everyday demand, it's supply chain would be based on necessitated demands and not the anticipated timing of its demand.
Halloween costumes are seasonal goods, therefore, there would be limited or lack of demand for Halloween costumes until a few weeks to Halloween. Furthermore, a bakery can bake a specific quantity of bread and distribute it to local retailers on a daily basis, because bread is in constant demand. The supply chain for bread conforms with (Fisher, 1997)'s functional product model.
On the other hand, Halloween costume manufacturers can only produce and supply Halloween costumes during the Halloween festive periods, because Halloween costumes are not constantly demanded. Halloween costumes fall under the category of innovative products, therefore, the demand for Halloween costumes would be associated with an unpredictable response (Fisher, 1997).
The answer to Question Two
The Kimberly-Clark portrays a vivid picture of how logistics can influence the availability of supplies when sales could reach high/low peaks. The case also shows that when the supply chain of a company suffers from proper operations, then consumers would gradually stop relying on the easy access of certain goods at the company’s store, which would result to losing sales to a competitor. However, effective supply chain Strategies such as the case And Kimberly-Clark and Cosco process control can result in improved supply chain performance and consumer reliability (Nelson and Zimmerman).
The answer to Question Three
In most cases, supply chain managers focus their attention and efforts on cost reduction in order to achieve effective financial performance. However, there or other challenges that cost cutting oriented approaches cannot resolve. Therefore, Key practices in supply management must be carefully chosen, in accordance with the operations of an organization or industry for optimal performance. The key supply chain management practices an organization can exploit to improve its profitability may include but are not limited to: alignment and/or staffing of supply chain organization, procurement, and application of innovative technology establishing of key supply alliances, operations cost, risk, and compliance management. An organization must also establish operation processes and strategies for controlling such processes for optimum results. Furthermore, firms must initiate and constantly practice optimization of company inventory and brands (Engel and Wesoky, 2011). In most cases Supply chain managers focus their attention and efforts on cost reduction in order to achieve effective financial performance. However, there or other challenges that cost cutting oriented approaches cannot resolve. Therefore, key practices in supply management must be carefully chosen in accordance with the operations of an organization or industry for optimal performance.
The answer to Question Four
Charles Leadbeater vision really points out …