Question 1 Draw a simple supply chain network diagram representing supplier(s), manufacturer(s), wholesaler(s), retailer(s) and customer (s) and the...

Question 1 Draw a simple supply chain network diagram representing supplier(s), manufacturer(s), wholesaler(s), retailer(s) and customer (s) and the way they are interlinked. Explain briefly how materials, information, funds and ownership flow in a supply network.

Question 2 Explain bullwhip effect in a supply chain. What factors cause this to happen? Suggest the remedial measures that could mitigate the effect.

Question 3 Explain how the incremental cost of service provision outweighs the incremental revenue gained from that service. Explain the trade off between customer service level (%) and the return on investment (ROI)

. Question 4 How does Supply Chain Operations and Reference model (SCOR) help in logistics and supply chain performance measurement systems? What are the dimensions used to measure the supply chain performance?

Question 5 How do you see the role of 3rd party logistics (3PL) service provider in a supply network? What is the relative importance of cost, performance and value creation as determining factors for evaluating and selecting 3PLs?

Question 6 Strategic sourcing process can be described in terms of a series of steps that should be used in the purchase of goods and services. Briefly discuss these steps.

Question 7 Why does the reverse flow of materials or returns management gain importance for customers? Do the companies see this implementing as a value stream or as a waste stream?