Individual Case Assignment # 8 questions ...
docx
keyboard_arrow_up
School
Conestoga College *
*We aren’t endorsed by this school
Course
1090
Subject
Industrial Engineering
Date
Dec 6, 2023
Type
docx
Pages
3
Uploaded by SuperNeutron11465
Case Assignment # 8
Penske
Tejveer Singh
4379130
Questions for Case Assignment # 8 – Penske
Q1: What were the challenges faced by Tier 1 automotive Component supplier?
Tier 1 automotive component suppliers encountered problems in reducing supply
chain interruptions, increasing visibility, and improving cross-border operations.
Short-notice changes in client order information are a major difficulty, and carriers
are unable to meet the commitment. The suppliers were looking for a large
logistics provider who could optimize their network, increase carrier performance,
and produce significant cost savings while managing the competing agendas of its
own suppliers and customers. They were experiencing a number of challenges,
including ineffective and inefficient supply chain processes, as well as poorly
designed processes. They lack a robust tracking procedure. As a result, several
shipments were missing. Shipments were also transported across boundaries.
Q2: What are the solutions provided by Penske to Tier 1 supplier?
Penske Logistics designed a network that will enhance selection, routing, and
analysis. Penske also prioritized supplier compliance. This is accomplished
through increased visibility. To keep an eye on every action as well as the entire
network. They also provided a control tower perspective and detailed data that
demonstrate how each component of the supply chain interacts with one another
and identifies possible problems.
They have devised a strategy for where shipments begin and stop, allowing them to
conveniently trace each and every shipment. Everyone participating in the process
is responsible for keeping the process moving ahead.
Penske suppliers now have full information on each shipment's travel from origin
to destination. Penske technology allows producers, supply chain partners, and
customers to track inventory and ensure deliveries are made on time.
Penske requires tier 1 suppliers to provide detailed information on all parts of their
company.
Q3: What is Penske proprietary Clear Chain technology? How it helps customers?
Employees in many firms may have limited responsibilities. Penske created the
Clear Chain technology package to enable insight, improve supply chain
optimization, deliver corporate results, and keep operations moving.
It allows clients to organize their production and ensure that they have the correct
labor at the right time by keeping them informed about material deliveries. It
makes consumers more aware of their company's processes and encourages them
to monitor the entire process.
Clear Chain Technology improves the effectiveness and efficiency of the supply
chain operation. It will have a significant influence on the Tier 1 suppliers'
company, and we can observe how the adjustments were accomplished by simply
using Clear Chain Technology
It informs consumers and gives them freedom, allowing them to plan their
processes and manage their businesses more efficiently. It also has considerable
advances in the whole operation of the process from beginning to end.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help