Current supply chain concept differs from the broader contemporary
- Describe how the current supply chain concept differs from the broader contemporary value chain models presented in recent years. Give an example to illustrate the differences.
- In your own words identify the primary purpose of a supply chain and give an example of a supply chain functioning in the aviation industry.
- Explain the principles of an integrated supply chain and describe how those principles can enhance overall productivity in an organization.
- Define manufacturing and geographic postponement, and give a practical example of each type as applied in the aviation/aerospace industry.
M2:
• Give a specific example of a value-added service by a logistics provider that you have recently experienced. Explain why that event was positive or negative for you.
• Identify a customer service attribute you feel would be most important to a company that supplies meals to an airline. Justify your answer with an appropriate example or illustration.
• Online technology is widely used to purchase both personal items and materials for organizational use. One risk with the use of technology for purchasing is power outages or system failures. Describe a strategy an organization can use to help reduce the impact of such technology failure risks.
• Select a modern supply chain technology and give an example of how an aircraft manufacturer might use that technology to improve customer relationships and increase productivity within the value chain.
M4:
Answer the following essay questions. Avoid using quoted material to make your points, but do cite sources if you use facts or information derived from publications.
• Identify four primary functions of inventory, and give a practical example to illustrate each function in an action related to an aviation or aerospace operation.
• Define three account categories of inventory carrying costs and provide a concrete example or illustration of each such cost applied in the aviation or aerospace fields.
• Compare and contrast the effects of three main transportation cost factors on how those factors influence the choice of air transport versus the use of truck or rail transport.
M5:
Answer the following essay questions.
• Identify the various costs involved with warehousing of materials and parts related to an aviation or aerospace operation, and describe the relative impact of each of those costs on overall operational productivity. Elaborate on the trade-offs involved in warehouse decision making.