Supply Chain Product/Service Plan Part 3: Global Sourcing & Procurement and Inventory Management

How can an organization redesign a selected supply chain process to reduce non-value-added activity while maintaining or improving customer service, quality, and resilience?

· Explain how the concepts of inventory costs apply and how these costs can be minimized.

· Explain how the forecasting model you selected earlier will help improve inventory management and cost management.

· How might a bullwhip effect occur, and what steps would you take to mitigate any bullwhip effect?

· Are there any opportunities for green sourcing? Identify those opportunities and link this to overall cost.

· What value did walking through the supply chain process for your selected product or service provide you?

· How will you apply the concepts you wrote about in your professional or personal life?

Guidelines for the Supply Chain Plan Part 3 assignment are as follows.

· It should be a 4-page written paper (double spaced), Times New Roman, and 10 font.

· Directly apply the concepts of Modules 5, 6, and 7 to your selected product or service.

· Each weighted section should be a minimum of one (1) full page of written content.

· See table below for section details.