Supply Chain Management (VV2) We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 1 . Discuss the need of logistics . 2 . Differentiate bteween ABC and VED analysis. 3 . Explain inventory management . 4 . Discuss the Economic Order Quantity. 5 . Explain mass production system. 6 . Discuss different types of supply chains. 7 . Discuss JIT. 8 . Explain production planning and control. Case Detail : EOQ applies only when demand for a product is constant over the year and each new order is delivered in full when inventory reaches zero. There is a fixed cost for each order placed, regardless of the number of units ordered. There is also a cost for each unit held in storage, commonly known as holding cost, sometimes expressed as a percentage of the purchase cost of the item. We want to determine the optimal number of units to order so that we minimize the total cost associated with the purchase, delivery and storage of the product. The required parameters to the solution are the total demand for the year, the purchase cost for each item, the fixed cost to place the order and the storage cost for each item per year. Note that the number of times an order is placed will also affect the total cost, though this number can be determined from the other parameters. We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 1. Discuss the parameters required to calcultae EOQ. 2. When can EOQ be implemented? 3. Explain various costs associated with inventory. 1.Also referred to as "best practice benchmarking" or "process benchmarking", this process is used in management and particularly strategic management, in which organizations evaluate various aspects of their processes in relation to best practice companies' processes MATERIALS finance human resource Benchmarking 2. In some companies materials management is also charged with the procurement of materials by establishing and managing a supply base sale procurement lease hire 3. This ... department ensures that the launch materials are procured for production and then transfers the responsibility to the plant materials management logistics finance human resource legal 4. Most companies use ... systems such as SAP, Oracle, BPCS, MAPICS, and other systems to manage materials control. ERP MRP SR TRP We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 5. One challenge for materials managers is to provide . releases to the supply base. costly easy timely all 6. Materials management plans and designs for the delivery storage distribution all 7. ………….is the management of the flow of goods between the point of origin and the point of consumption in order to meet some requirements, of customers or corporations. MATERIALS finance human resource logistics 8. The resources managed in logistics can include physcal items equipment timely all 9. this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, shipping, and warehousing the said parts. MATERIALS finance human resource all 10. The logistics of physical items usually involves the integration of information flow distribution transportation all 11. The …………..of the use of resources is a common motivation in logistics for import and export. maximisation minimization reduction increase 12. logistics is commonly seen as a branch of engineering that creates "…….. systems" rather than "machine systems." people MATERIALS finance logistics 13. ………...logistics is one of the primary processes of logistics, concentrating on purchasing and arranging the inbound movement of materials, parts, and/or finished inventory from suppliers to manufacturing or assembly plants, warehouses, or retail stores. INBOUND outbound procurement warehouse We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 14. …….logistics is the process related to the storage and movement of the final product and the related information flows from the end of the production line to the end user. INBOUND outbound procurement warehouse 15. ……… is the branch of military science relating to procuring, maintaining and transporting material, personnel and facilities MATERIALS finance human resource logistics 16. The targets in procurement logistics might be maximizing efficiency by concentrating on core competences, outsourcing while maintaining the autonomy of the company minimizing procurement costs while maximizing security within the supply process. all 17. ………. logistics has as its main function to reduce logistics cost(s) and enhance service(s) related to the disposal of waste produced during the operation of a business. disposal INBOUND outbound procurement 18. ……..logistics denotes all those operations related to the reuse of products and materials. reverse outbound disposal INBOUND 19. The opposite of reverse logistics is ………. logistics. forward reverse outbound disposal 20. ………..logistics has, as main tasks, the delivery of the finished products to the customer. It consists of order processing, warehousing, and transportation. INBOUND outbound procurement distribution We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 21. …………...Logistics describes all attempts to measure and minimize the ecological impact of logistics activities. green reverse outbound disposal 22. …...logistics describes logistic processes within a value adding system production green reverse outbound 23. ……….. involves using external organizations to execute logistics activities that have traditionally been performed within an organization itself production green reverse 3PL 24. ……….is the application of computer software and/or automated machinery to improve the efficiency of logistics operations. logistics automation production green reverse 25. Industrial machinery can typically identify products through bar code RFID both none 26. …... tag is card containing a memory chip and an antenna which transmits signals to a reader. bar code RFID both none 27. ………..includes any form of outsourcing of logistics activities previously performed in house. production green reverse 3PL 28. …...logistics is a term used by the logistics, supply chain, and manufacturing industries to denote specific time-critical modes of transport used to move goods or objects rapidly in the event of an emergency. emergency reverse outbound disposal We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 29. …………...is the process of planning, implementing, and controlling the effective and efficient flow of goods and services from the point of origin to the point of consumption logistics MATERIALS finance human resource 30. They are usually large plain buildings in industrial areas of cities and towns and villages. warehouse airport station all 31. ………….management is a science primarily about specifying the shape and percentage of stocked goods. logistics MATERIALS finance inventory 32. ………..may be found on merchandise, animals, vehicles and people as well. bar code RFID both none 33. ….is a commercial building for storage of goods. warehouse airport station all 34. ……..logistics aims to ensure that each machine and workstation receives the right product in the right quantity and quality at the right time. production green reverse outbound 35. It is "the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. reverse outbound disposal INBOUND 36. ………...refers to operations within a warehouse or distribution center, with broader tasks undertaken by supply chain management systems and enterprise resource planning systems. logistics automation production green reverse 37. ……….are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. warehouse airport station all 38. Inventories are maintained as buffers to meet uncertainties in ……..., supply and movements of goods. demand supply cost time 39. The goal of ………... management is to provide an unbroken chain of components for production to manufacture goods on time for the customer base. MATERIALS finance human resource all 40. ………. logistics stands for all operations related to the reuse of products and materials. reverse outbound disposal INBOUND We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only)