Supply Chain Contains a Very Important Word information Management Assignment Help

Assignment Task

1. Short Answer Type Questions:
1(a). Filling petrol or diesel in our vehicles is a very common activity that we all do regularly. With the information available openly, can you identify the supply chain for petroleum products? 
1(b). The definition of supply chain contains a very important word “information”. In your opinion, what information is being referred to? 
1(c). A company is into manufacturing an antibiotic product. This is for veterinarian purposes. During floods when animals such as cows, buffalos, or other bovine species have digestive disorders, this medicine is very effective. If you were to give a thought to have a supply chain designed for this company, what will be your choice- responsiveness or efficiency. Ideally, how will you balance these both? 
1(d). Consider the situation of a pharmaceutical manufacturer. The basic raw material is abundantly available and that comprises almost 75% of the total cost of the finished product. However, they also require some other ingredients that are not very expensive and also are required in small quantities but are available only seasonally. What type of inventory strategy you would suggest to this company and why?
1(e). Following are the details of a major cycle manufacturer
Have operations spanned in North India at three locations
More than 300 suppliers have been contracted in the South East Asian countries for the supply of parts
All these supplies are not critical but need to have a steady flow at the factory sites
Each suppliers’ volume of supply is small.
Looking at these bare minimum facts, what macro-level logistics strategy would you suggest. If need be, you may have assumptions, but do mention them in your answer.
 
2. Following data is sourced from the regulatory authorities. Using this data, build the below-given forecasting models:
Naive Forecast
2 Months moving Average
Exponential Smoothing (alpha =0.3)
 Out of the above three, which model will give the most accurate results( Using MAD- Mean Absolute Deviation to compare the models)
 
3. Below are the details of the inventory of a store dealing with automobile spare parts. Using the concepts of ABC analysis, categorize the spare parts into A, B, and C categories. (If required, you may have assumptions, but do mention them in your answer) 
Sno. Item Unit Cost (Rs) Annual Usage
1 Oil Filter 2200 150
2 Head Lamp 395 140
3 Fu?l Filter 270 95
4 Rod Bearing 1430 45
5 Air Filter 860 120
6 Wind Screen 12000 90
7 Piston Rink 4500 250
8 Bumper 8000 110
9 Main Bearing 1130 120
10 Bush 169 1160
4. Here is the data of Tata Motors and Ashok Leyland. Compare the year-wise performance of these two companies based upon the techniques covered in SCM. Also please state which company is doing better and why? 
5. Here is the data of passenger traffic of a very busy international airport. Using MS Excel build-in Forecast Sheet, forecast for next 5 years for domestic and international passenger traffic. Share insights on your forecast.  
6. Demand for the Carrom Board at a sports shop is 500 units per month. This shop incurs a fixed order placement, transportation, and receiving cost of Rs. 4,000 each time an order is placed. Each carrom board costs Rs. 500 and has a holding cost of 20 percent. Evaluate the number of carrom boards that the store manager should order in each replenishment lot? Secondly, also calculate the total cost. 
 
 Instructions
You have to submit 2 files : 
Report- The report has to be strictly submitted in a  PDF/ DOC format. Any other format will not be considered for grading. Please ensure to include answers to all the questions in the report as you will be graded based upon your report. The solutions which are not covered in the report will not be graded.
Excel File: This is a must and will be only used for reference while evaluating numerical questions. 
The word limit for this assessment is 2500 words
Scoring guide (Rubric) - OM & SCM assessment-2 Rubric
Criteria Points
1(a). Filling petrol or diesel in our vehicles is a very common activity that we all do regularly. With the information available openly, can you identify the supply chain for the petroleum products? 2
1(b). The definition of supply chain contains a very important word “information”. In your opinion, what information is being referred? 2
1(c). A company is into manufacturing an antibiotic product. This is for veterinarian purposes. During floods when animals such as cows, buffalos, or other bovine species have digestive disorders, this medicine is very effective. If you were to give a thought to have a supply chain designed for this company, what will be your choice- responsiveness or efficiency. Ideally, how will you balance these both? 2
1 d) What type of inventory strategy you would suggest to this company and why 3
1(e) Looking at these bare minimum facts, what macro-level logistics strategy would you suggest 3
2. Vehicle Forecasting Methods
a) Naive Forecast - 2marks b) 2 Months Moving Average - 2marks c) Exponential Smoothing - 2marks d) Best Model based upon MAD- 2marks 8
3. Using the concepts of ABC analysis, categorize the spare parts into A, B, and C categories. 5
4. Compare the year-wise performance of these two companies based upon the techniques covered in SCM. Also please state which company is doing better and why? 4
5. Using MS Excel build-in Forecast Sheet, forecast for next 5 years for domestic and international passenger traffic.(6 marks) Also Share insights (2 marks) 8
6. Evaluate the number of carrom boards that the store manager should order in each replenishment lot?(5 marks) Secondly, also calculate the total cost (3marks) 8
 

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