NU SCM630 MEMO - Discuss why the study of supply Latest 2022
Write a brief memo to your immediate manager to:
• Discuss why the study of supply chain–focused manufacturing planning and control is important in today's competitive manufacturing environment.
In your replies, play "the boss"! Critique the letter and provide your decision to invest in better SC planning and control systems (or not), based on the original author's proposal.
Please read the attached Wall St. Journal Article and in your original post, answer the following questions:
Article:
McLain, S. (2021, May 03). Auto makers retreat from 50 years of 'just in time' manufacturing; pressured by pandemic, the hyper-efficient supply-chain model pioneered by Toyota is under assault. Wall Street Journal (Online). https://nuls.idm.oclc.org/login?qurl=https%3A%2F%2Fwww.proquest.com%2Fnewspapers%2Fauto-makers-retreat-50-years-just-time%2Fdocview%2F2520862142%2Fse-2%3Faccountid%3D25320
Questions:
1. In your own words, how would you explain the concept of just-in-time logistics, including the benefits of these practices? Why now, after the challenges of the pandemic, are auto makers reconsidering just-in-time, despite the benefits?
2. Using the industry you work in (if related to tangible goods), or from products you buy, how would you recommend a go-forward strategy for sourcing, production, and/or distribution as it relates to just-in-time? Use specific examples to illustrate.
-
Rating:
/5
Solution: NU SCM630 MEMO - Discuss why the study of supply Latest 2022