International Logistics Management questions

International Logistics Management QUESTIONS LIST:

1. Discuss how the use of Strategic Partnering helps to alleviate the bullwhip effect.
2. Discuss and elaborate on the following statement: “The selection of a superior location network can create substantial competitive advantage.“
3. Logistics often determines ‘make’ or ‘buy’ decisions. What are the benefits and risks of ‘outsourcing’ supply for products or services for a firm?
4. Show the elements involved in the process of deciding when to order and how much to order by using a ‘sawtooth model’ of inventory.
5. How can Supply Contracts affect inventory behaviour in a supply chain?
6. Distinguish between using an exact optimization technique and a heuristic to solve a problem.
7. Explain why risk pooling across locations is attractive to extended supply chains.
8. Discuss five (5) ways that the lead times within a supply chain can be reduced.
9. How can a Decision Support System (DSS) assist managers in making more effective decisions in the management of logistics problems. Give an example of a DSS.
10. “CycleWorld distributes the majority of their orders for pushbikes across 60 vendors so it was very important for them to manage this at a network rather than a local level. They implemented ElectronicDataExchange(EDI)technologycoupledwithEnterpriseResource Planning(ERP)software and other technologies to effectively manage their inventory across their multi-site distribution environment.” Name and then briefly discuss three outcomes CycleWorld would expect from a distributed inventory model that used EDI and ERP.