Logistics support the competitiveness of the supply chain as a whole and breaks down into three advantages. They are:  Quality advantage Time advantage Cost advantage  Give an explanation of EACH advantage.

Logistics support the competitiveness of the supply chain as a whole and breaks down into three advantages. They are: Quality advantage Time advantage Cost advantage Give an explanation of EACH advantage.

LOGISTICS & 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. Logistics support the competitiveness of the supply chain as a whole and breaks down into three advantages. They are:

 

• Quality advantage

• Time advantage

• Cost advantage

 

Give an explanation of EACH advantage. [20]

 

2. Segmentation is increasingly deployed by organizations to gain competitive advantage.

 

a) What is segmentation? [5]

b) Give FOUR examples of ways to segment a market. [5]

c) Using a diagram, show the comparison between consumer and industrial markets. [10]

 

3. Two ratios in use to show Return on Investment (ROI) are:

 

• %ROI = 100 x £Profit/£Capital Employed

• %ROI = 100 Profit x Sales

 

Sales Capital Employed

Using a diagram show the detail behind these ratios and how they relate to each other. [20]

 

4. a) Logistical implications of internationalism have consequences. What are the THREE areas to take into consideration to address these? [12]

    b) Time to market is a critical factor in managing a global logistics pipeline. Describe and explain the

TWO main issues concerned. [8]

 

5. Time-based opportunities are designed to reduce costs. The opportunities fall under FOUR main headings, what are they? [5 each]

 

6. Using the diagram of the ‘pyramid of key factors’, explain the detail of the SIX factors underpinning the concept of Just-In-Time (JIT). [20]

 

7. a) Partnerships or ‘cooperative relationships’ in the supply chain are based on SEVEN characteristics, what are they? [8]

   b) What are the advantages and disadvantages of partnerships in the supply chain? [12]

 

8. using a diagram, describe the purchase supply matrix in segmenting suppliers, with explanations of the FOUR categories. [20]


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