Discussion: Shortages and Price Surges Reflect LOG301
Focus
Out of Stock and Empty Shelves
America’s supply chain kept retail shelves and warehouses filled with consumer merchandise, intermediate goods, and stock to fulfill orders. That changed in March 2020 and bare shelves are a common sight and back-ordered items a regular occurrence.
Module 3 Discussion Part 1 Resources
Demand planning / Demand management: Winning the battle for improved forecast accuracy (2022)
ifo shortage indicator shows material scarcity (2022)
How Brands Can Keep Customers Happy During Supply Chain Shortages (2022)
How AI is helping keep shelves fully stocked in an era of supply chain stress (2022)
Part 1 Discussion Post
Search for strategies used by suppliers to manage out-of-stock intermediate or finished goods. (Research Support Required. Use articles published in the last 12 months.)
This post should be 1-2 paragraphs (at least 100 words). Since you are engaging in research, cite in the body of the post and add a reference list in APA format. NOTE: Failure to use research with accompanying in-text citations to support content will result in reduced scoring “Level 2-Developing” on the grading rubric.
Part 1 Interactive Response to Classmate
Select a classmate’s post and share your perceptions as a consumer.
The reply should be one paragraph (or about 50 words) and must be substantive. Do not simply say “I agree” or “That is great.” Specify why and be detailed in your explanation. You may use research in your response, but it is not required.
Part 2 Discussion Post
Spiraling Costs and Surging Prices
Ever-increasing costs are a byproduct of inflation and a severely disrupted supply chain. The higher prices of intermediate goods, fuel, and finished products affect all aspects of the supply chain.
Module 3 Discussion Part 2 Resources
Challenging outlook for global supply chains as costs rise while orders fall (2022)
Gartner highlights four ways chief supply chain officers can respond to inflation (2022)
Stores and suppliers clash over price hikes as shoppers hit by sticker shock (2022)
Understanding Supply Chain Disruptions & Price Escalations in Construction (2022)
Part 2 Discussion Post
Search for media coverage of how price and/or cost increases are portrayed concerning supply chain issues. (Research Support Required. Use articles published in the last 12 months.)
Part 2 Interactive Response to Classmate
Select a classmate’s post and analyze how well the media is covering the subject.
Each reply should be one paragraph (or about 50 words) and must be substantive. Do not simply say “I agree” or “That is great.” Specify why and be detailed in your explanation. You may use research in your response, but it is not required.
In your own words, respond to the discussion and comments of classmates. Grades will be based on effectual, concise, and interactive feedback. The excessive use of quotes will directly impact performance since this indicates a lack of comprehension and shows that you may not have mastered the concepts.
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