Logistics Management (MGT 322)

Kingdom of Saudi Arabia

Ministry of Education

Saudi Electronic University

المملكة العربية السعودية

وزارة التعليم

الجامعة السعودية الإلكترونية

 

 

                          College of Administrative and Financial Sciences

Assignment 3

Logistics Management (MGT 322)

Due Date:  30/11/2024 @ 23:59

 

Course Name: Logistics Management Student’s Name:
Course Code: MGT322 Student’s ID Number: s
Semester: First  CRN: 12135
Academic Year:2024-25-1st

 

For Instructor’s Use only

Instructor’s Name: Abdulrahman I. Almanie
Students’ Grade:  /10 Level of Marks: High/Middle/Low

General Instructions – PLEASE READ THEM CAREFULLY

  • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
  • Assignments submitted through email will not be accepted.
  • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
  • Students must mention question number clearly in their answer.
  • Late submission will NOT be accepted.
  • 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) No pictures containing text will be accepted and will be considered plagiarism).
  • Submissions without this cover page will NOT be accepted.

 

Logistics Management

ASSIGNMENT -3

Submission Date by students:  30/11/2024

Place of Submission: Students Grade Centre

Weight:     10 Marks

Learning Outcome:

  1. Demonstrate an understanding of how global competitive environments are changing supply chain management and logistics practice.
  2. Apply essential elements of core logistic and supply chain management principles.
  3. Analyze and identify challenges and issues pertaining to logistical processes.

Assignment Workload:

This assignment is an individual assignment.

 

Critical Thinking

Increased global competition leads the industry to increasing efficiency by means of economies of scale and internal specialization so as to meet market conditions in terms of flexibility, delivery performance and quality (Yamashina, 1995). The changes in the present competitive business environment are characterized by profound competition on the supply side and keen indecisive in customer requirements on the demand side. These changes have left their distinctive marks on the different aspect of the manufacturing organizations (Gomes et al., 2006). With this increasing global economy, cost effective manufacturing has become a requirement to remain competitive.

To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supply techniques have been employed. The last quarter of the 20th century witnessed the adoption of world-class, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’s leads to improvement of manufacturing performance (Fullerton and McWatters, 2002).

Read textbook chapter 7 or secondary data on the internet and answer the following questions.

Question:

  1. Why did large manufacturing companies embrace the JIT model and lean thinking? (3 Marks)
  2. Discuss major types of Waste, and why overproduction is the mother of all kinds of waste companies must avoid during production. (3 Marks)
  3. after artificial intelligence was developed. For SCM in the future, is the agile supply chain an ideal concept? Use examples to support your points. (3 Marks)
  4. APA style Reference ((1.0 Marks)

Note: Each answer should be within the 300- 400 words limit.

 Answers

Answer 1.

 

Answer 2.

 

Answer 3.