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LOGM 4220 Albany State University What Are the Seven Supply Chain Principles Ques

 

  1. [10 points] What are the seven supply chain principles? Explain each in 1-2 sentences.
  2. [10 points] To what extent have the seven principles of supply chain management remained current? Provide at least 2 examples to show the relevance of the seven principles.
  3. [10 points] Which of the seven principles of SCM do you feel will be most critical to the success of supply chains in the future? Discuss in a paragraph (100-200 words).
  4. [10 points] Of the game-changing technologies discussed in this topic, which do you feel will be among the most impactful for supply chains in the future? Discuss in a paragraph (100-200 words).
  5. [10 points] Provide an example supply chain issue or problem that you feel may be addressed by each of the key stages in the supply chain maturity model (i.e., descriptive; predictive; prescriptive; and cognitive).
  6. [10 points] Why is sustainability such a complex and challenging issue for organizations? Discuss in a paragraph (100-200 words).
  7. [10 points] What are the four “R’s” of sustainability? Pick one and discuss how it affects supply chains in a paragraph (100-150 words).
  8. [10 points] What special challenges and opportunities are presented for reverse flows by globalization? Provide an example where reverse flows in supply chain as a business model.
  9. [10 points] What do you think would be some of the challenges with transforming supply chain processes within an organization? List and explain at least 3 challenges in 1-2 sentences.
  10. [10 points] What do you think would be some of the challenges with transforming supply chain processes across a number of organizations that may comprise a supply chain? List and explain at least 3 challenges in 1-2 sentences.