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Take any product in common use in your household (TV, Starbucks Coffee, Couch, Cell Phone, etc) and draw the Supply Chain for that product

SCM630 – Supply Chain Planning

Week 2 – Discussion 1

•             Take any product in common use in your household (TV, Starbucks Coffee, Couch, Cell Phone, etc) and draw the Supply Chain for that product.  (This is a basic supply chain map from SCM 610.)

 

o             Make sure to touch upon key areas such as, Raw Materials to Assembly to Transportation to Store to YOU.

 

•             Discuss here how you believe each link of your Supply Chain played a role in PLANNING to create and delivery this product to you.

 

o             Attached a copy of your SC Map too!

 

Week 2 – Discussion 2

 

Article:  MacDonald, Alistair; Kantchev, Georgi. Wall Street Journal (Online); New York, N.Y. [New York, N.Y]. 07 Nov 2021. Companies Grapple With Post-Pandemic Inventories Dilemma – ProQuest

 

Summary: From undrunk beer to unfinished forestry equipment, businesses deliberate just-in-time or just-in-case inventories

 

Questions:

 

1.            In your own words, explain what is meant by just-in-time and just-in-case inventor using specific examples to clarify. Then, explain how this article provides an illustration of the conflict businesses are facing with inventories during Covid.

 

2.            Give your perspective on how companies should manage inventories moving forward. Should they go back to 2019? Or is business as usual not recommended? Support your comments with analytical statements, examples, and links to supporting sources (if needed).

 

Note: Please see attached week 2 – Discussion 2 – material (information) pdffile – companies grapple with post-pandemic inventory dilemma – ProQuest

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