Supply Chain :sample question
1. Can you think of some specific examples of where safety stock has been an issue in completing a process or project?
2. JIT does have a form of safety stock; can you explain how safety stock works with JIT? Also, what do you think are the challenges in maintaining safety stock for a global enterprise?
3. What do you see as the role of enterprise resource planning (ERP) systems in either synchronous or JIT systems? Do you think ERP could eliminate some of the "trial and error" of JIT?
4. What are the different ways to structure a project, and in what circumstances would you use each? Do you have an example of where you have used project management techniques?
5. What are some ways in which we determine how much safety stock to keep on hand?