Business Question

College of Administrative and Financial SciencesAssignment 3
Introduction to Operations Management (MGT311)
Deadline for students: (4th May 2024 @ 23:59)
Course Name: Introduction to
operations Management
Student’s Name:
Course Code:
Student’s ID Number:
Semester:
MGT311
Second
CRN:
Academic Year: 2023-24, Second Semester
For Instructor’s Use only
Instructor’s Name:
Students’ Grade:
xx/10
DR. MISBAH UL ISLAM
Level of Marks:
Instructions – PLEASE READ THEM CAREFULLY
❖
This assignment is an individual assignment.
❖ The Assignment must be submitted only in WORD format via allocated folder.
❖ Assignments submitted through email will not be accepted.
❖ Students are advised to make their work clear and well presented. This also
includes filling your information on the cover page.
❖ Students must mention question number clearly in their answer.
❖ Late submitted assignments will NOT be entertained.
❖ Avoid plagiarism, the work should be in your own words, copying from students
or other resources without proper referencing will result in ZERO marks. No
exceptions.
❖ All answered must be typed using Times New Roman (size 12, double-spaced)
font. No pictures containing text will be accepted and will be considered
plagiarism).
❖ Place of Submission is Blackboard.
❖ Weight 10 Marks
Submissions without this cover page will NOT be accepted.
Learning Outcomes
1.1 Describe the concept of operations functions, supply chain strategy, process selection,
forecasting, capacity planning, production forecast methods and schedule operations.
2.3 Implement technological tools in production models like forecasting, lean
manufacturing and world class manufacturing (WCM) to enhance the productivity and
communication with other persons involving in operation and also to review their
contribution to the profit.
CREATIVE THINKING ASSIGNMENT ON SUPPLY CHAIN MANAGEMENT
Supply Chain Management (SCM) refers to the technique of handling a string of operations
involved in the transportation of raw materials from the source to an enterprise to develop a
desired product or service, which will eventually be delivered to its intended customer.
A properly functioning supply chain is crucial to the development and growth of any country.
It gives countries a competitive edge over others in the marketplace. Supply chain
management is aimed at cutting down costs, maximizing efficiency, and increasing
productivity.
To strike a fruitful balance between supply and demand, supply chain management must join
hands with technology to improve supply chain processes and provide solutions to eliminate
existing supply chain constraints.
To keep in view the above importance of Supply chain answer the following questions.
Q1. What are the Major Challenges in Supply Chain Management today? How Can you
Overcome them?
2.5 Marks (400 words Minimum)
Q2. Define the role of E-logistics in supply chain operations. 2.5 Marks (400 words Minimum)
Q3. Explain the role of technology in Supply chain Management with special focus on Block
chain technology.
2.5 Marks (400 words Minimum)
Q4. Assume yourself as an advisor of Supply chain discipline, suggest ways and means through
which supply chain efficiency can be improved?
2.5 Marks (400 words Minimum)
Note: At least three references are required.