Supply Chain Management

1. Short Answer: Supply chain management has enabled some companies to operate more efficiently and compete more effectively on a global basis. What essential characteristics of supply chain management contribute to these outcomes?
2. Short Answer: Pricing a shipment is critical to the profitability of a carrier and understanding a carrier prices is critical to a shipper getting the best price. What are some different ways of pricing a shipment? When might each be used?
3. Short Answer: What are the major forces that affect carrier pricing strategies?
4. Short Answer: Why is transportation critical to the supply chain? Explain how time and place utility add value to a product?
5. Short Answer: If you were given the task of outsourcing your company’s transportation operations, what types of capabilities and core competencies would you seek in a 3PL service pro\\
6. Short Answer: What combination of intermodal services would be most beneficial for shipping the following products?
a. Lumber moving from British Columbia, Canada to London, England
b. Seedless grapes moving from Valparaiso, Chile to Phoenix, Arizona
c. iPhones moving from Zhengzhou, China to Johannesburg, South Africa\
Short Answer: You have been chosen to work as a supply chain advisor with a local non-profit organization that provides advice and direction to new companies but has very little direct experience with in transportation and supply chain. They recently received a proposal from a small trucking company that is currently running 10 trucks successfully hauling bottled water for Coca-Cola. They are seeking to expand their operations into Philadelphia, New York and Washington, D.C. areas and need additional capital to buy more equipment. You job is to develop a strategic plan that will assist the trucking company in its request for a loan. A good place to start is Google: “strategic plan for business expansion”, “key steps to expanding your business” or “how to grow a trucking company.” Make up the numbers as you need to. This is an exercise in thinking through how to go about it not what the numbers or assumptions are. Apply what we have learned about competition, the market, customer base, how they manage costs, pricing, regulation, industry issues, risks and other industry factors.

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