There has been a sea change regarding the challenges and therefore the required elements of a company’s material control system.
There has been a sea change regarding the challenges and therefore the required elements of a company’s material control system. This has caused the firm to evolve from having a purchasing agent, typically reporting to the chief financial officer (CFO), to a more professional purchasing manager trained in high level negotiating skills, to a materials director, conversant in how all the elements of a supply chain fit together, to a global sourcing manager, and now a global supply chain director.
Has globalization been a factor in this evolution, or are other factors at play? Why or why not?
What added elements are now required of a material control system as a result?
What would be the impact on large retailers in a country if a dock strike occurred for inbound shipping containers; what could they do to mitigate this risk? How does this differ from the impact of a dock strike if globalization had not been so popular?
SCM310 Material and Inventory Management
Unit 2 Discussion
As a newly hired manager for a consumer products manufacturing company, your chief executive officer (CEO) has asked you to educate the senior staff on the pros and cons of establishing a demand-based ordering system, sometimes referred to as just in time, versus the more traditional forecast-based ordering system that the firm has used for years. Make sure you provide at least 2 pros and 2 cons for each of the 2 different systems.
SCM310 Material and Inventory Management
Unit 3 Discussion
The chief executive officer (CEO) of your firm is being asked to approve a major expenditure for a new warehouse. Before he approves it, you were asked to discuss with him an alternative he has heard of: public warehousing. Prepare a short discussion covering the following specific points:
What exactly is public warehousing?
What are the pros and cons of using it?
What is the range of services they typically offer?
If the objective is to avoid the cost of building and staffing a new warehouse for the firm, which of these services, or others as well, would you ask the public warehouse to perform for you? Why?
What is the downside of using public warehousing?
SCM310 Material and Inventory Management
Unit 4 Discussion
You will begin your Key Assignment for this course in the Phase 4 Individual Project. In Phase 4, you will complete Part 1 of the Key Assignment and submit it as a draft. In Phase 5, you will add to the assignment, make changes based on feedback from your instructor, and hand in as the final assignment.
For this Discussion Board, you will post an outline of the full Key Assignment to the Discussion Board for your main post. You will need to read both the Unit 4 and Unit 5 Individual Project assignments so that you can create your outline. The outline should combine the section headings and subheadings that are specified in Key Assignment Part 1 (Phase 4 IP) and Part 2 (Phase 5 IP). The purpose of submitting your outline is to share it with your classmates for feedback.
Remember to keep your assignment in outline form; it should not contain paragraphs. It should parallel the sections and subsections of the Phase 5 Key Assignment.
Each student should complete at least 1 quality response to a classmate during the Unit using the 3-stage approach to identify the following:
What was done well
Weaknesses
Areas for improvement
There is an expectation that grammar, spelling, punctuation, and format are correct and professional.
Primary Task Response: Your first task is to post your own Key Assignment Outline, with details to support the headings, to the discussion area so that other students are able to review your plan. Attach your document to the main discussion post, and include any notes you feel are appropriate. The purpose of this assignment is to help improve the quality of the Key Assignment Draft you will complete next Unit.
Respond to Another Student: Review at least 1 other student’s Key Assignment Outline and provide meaningful feedback. Refrain from general feedback, such as simply stating “good job.” Your feedback to other students is most helpful if you not only point out weak areas but also offer suggestions for improvement. The best feedback takes a 3-stage approach to identify what was done well, weaknesses, and areas for improvement.
SCM310 Material and Inventory Management
Unit 5 Discussion
Summative Discussion Board
Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least 3 paragraphs on the following:
What were the most compelling topics learned in this course?
How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?
What approaches could have yielded additional valuable information?
The main post should include at least 1 reference to research sources, and all sources should be cited using APA format.
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