Discussion Post: Supply Chains
Discuss the following:
• Why is increased coordination needed to manage supply chains?
• Give three examples.
• How can coordination be increased both internally within the firm and externally with customers and suppliers?
• Qualitative forecasts and causal forecasts are not particularly useful as inputs to inventory and scheduling decisions. Why is this statement true
• What type of time-series components would you expect for the following products and services?
o Monthly sales of a retail florist.
o Monthly sales of milk in a supermarket.
o Daily demand in a call center.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.
References:
Schroeder, R., Rungtusanatham, J. M., & Goldstein, S. (2017). OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences) (7th ed.). McGraw-Hill Education.