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Title: Business Initiative and Technology
Student Name:
University
BUSI 100 - Enterprise Business Applications and Communications
Assignment 7: Supply Chain Management and Logistics Optimization
Due Week 7 and worth 160 points
In Part LXXXI of your business plan, you will focus on supply chain management and logistics optimization to
enhance operational efficiency, reduce costs, and improve customer satisfaction. Your objective is to develop a
comprehensive supply chain management and logistics optimization framework that integrates supply chain
processes, streamlines logistics operations, and maximizes supply chain performance.
Write a paper in which you:
1. Conduct a supply chain analysis to assess current supply chain processes, identify supply chain
inefficiencies, and evaluate supply chain risks and vulnerabilities. Analyze supply chain components such
as procurement, production, inventory management, and distribution that impact supply chain
performance. Evaluate supply chain metrics such as lead time, order fulfillment cycle time, and inventory
turnover ratio that measure supply chain effectiveness and efficiency.
2. Define supply chain management objectives, goals, and key performance indicators (KPIs) that align with
organizational objectives and support business growth and competitiveness. Establish clear, measurable,
and achievable supply chain targets such as supply chain cost reduction, supply chain cycle time
reduction, and supply chain risk mitigation. Develop SMART (Specific, Measurable, Achievable,
Relevant, Time-bound) supply chain objectives that provide clear direction and focus for supply chain
improvement initiatives.
3. Develop a supplier management and procurement strategy to optimize supplier relationships, manage
supplier performance, and mitigate supply chain risks. Analyze supplier selection criteria such as cost,
quality, reliability, and flexibility that influence supplier sourcing decisions. Develop supplier
performance metrics, supplier scorecards, and supplier relationship management processes that monitor
supplier performance and drive continuous improvement.
4. Develop an inventory management strategy to optimize inventory levels, minimize carrying costs, and
improve inventory turnover rates within your organization. Analyze inventory management techniques
such as just-in-time (JIT) inventory, economic order quantity (EOQ) model, and vendor-managed
inventory (VMI) that optimize inventory replenishment and control inventory holding costs. Develop
inventory optimization models, inventory classification systems, and inventory forecasting methods that
optimize inventory levels and improve supply chain responsiveness.
5. Develop a production planning and scheduling strategy to optimize production processes, reduce lead
times, and increase production efficiency within your organization. Analyze production planning
methodologies such as lean production, agile manufacturing, and theory of constraints (TOC) that
improve production throughput and reduce production bottlenecks. Develop production scheduling
algorithms, production capacity planning models, and production control systems that optimize resource
utilization and balance production demand with production capacity.
6. Develop a warehousing and distribution strategy to optimize warehouse operations, streamline order
fulfillment processes, and enhance customer service levels. Analyze warehouse layout designs, storage
systems, and material handling equipment that maximize warehouse space utilization and improve
inventory visibility. Develop warehouse management systems (WMS), order picking strategies, and
cross-docking techniques that minimize order cycle times and reduce order processing costs.
7. Develop a transportation management strategy to optimize transportation networks, reduce transportation
costs, and improve delivery reliability within your organization. Analyze transportation modes such as
road transport, rail transport, air transport, and sea transport that meet customer delivery requirements and
optimize transportation lead times. Develop transportation optimization algorithms, route optimization
models, and freight consolidation strategies that minimize transportation costs and improve delivery
efficiency.
Clickhereto view the grading rubric for this assignment.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and
writing skills, using the following rubric.
Points: 160 Assignment 7: Supply Chain Management and Logistics Optimization
Criteria
Unacceptable
Below 70% F
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
1. Analyze the options
available for producing
the product or service.
Next, evaluate which of
the available options you
can take to streamline
operations.
Weight: 25%
Did not submit or
incompletely
analyzed the
options available for
producing the
product or service.
Did not submit or
incompletely
evaluated which of
the available
options you can
take to streamline
operations.
Partially analyzed
the options
available for
producing the
product or service.
Partially evaluated
which of the
available options
you can take to
streamline
operations.
Satisfactorily
analyzed the
options available for
producing the
product or service.
Satisfactorily
evaluated which of
the available
options you can
take to streamline
operations.
Thoroughly
analyzed the
options available for
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