Explanation of supply chain management should include the decisions made in the supply chain procedure:
- Location
- Production
- Inventory
- Transportation
- Buy or make
Process/Skill Questions:
- How can improvements in supply chain management lead to increased profits?
- What is a lead time? What considerations have to be made in the manufacturing process to account for lead time?
- What are the pros and cons of maintaining a large inventory of products?
- How do automated storage and retrieval systems affect supply chain flow?
- How is purchasing managed in manufacturing?
- What are the determining factors to consider when making the decision to buy or make components/resources in manufacturing?