Explain the importance of relationship management to the effective performance of a supply chain

Explain the importance of relationship management to the effective performance of a supply chain

SUPPLY CHAIN MANAGEMENT

 

Instructions to candidates:

 

a) Time allowed: Three hours (plus an extra ten minutes’ reading time at the start – do not write anything during this time)

b) Answer any FIVE questions

c) All questions carry equal marks. Marks for each question are shown in [ ]

 

1. Explain the importance of relationship management to the effective performance of a supply chain. [20]

 

2. Review the commonly recognized enablers to the process of supply chain reengineering. [20]

 

3. Critically evaluate the factors that are considered to be essential to the cycle time reduction process. [20]

 

4. Considerable attention is given to the process of integrating a potential new partner into a successful supply chain. Analyze the criteria that are typically used. [20]

 

5. Supply chain partners will seek to minimize the impact of the bullwhip effect. Explain the potential causes of the bullwhip effect and analyze its impact on a supply chain. [20]

 

6. Trust is an essential ingredient in successful supply chain relationships. Analyze the approaches that can be adopted to build trust between supply chain partners. [20]

 

7. Analyze the methods available to partners to assess how well a supply chain is performing. [20]

 

8. Vulnerability management is a key task for supply chain partners. Review the main types of vulnerabilities that should be planned for. [20]


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