Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
12th Edition
ISBN: 9780134741062
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Question
Chapter 15, Problem 1DQ
Summary Introduction
Interpretation: The desirable capabilities of a supply chain for disaster relief should be determined.
Concept Introduction: A disaster can and does happen all of a sudden, mostly without a warning. Apart from creating a break/disturbance in the operations of the company, there is always the human side of the disaster. Therefore disaster management needs planning and executing the plan with speed. Quick availability of relevant supplies is a very important aspect of the execution.
Expert Solution & Answer
Answer to Problem 1DQ
A disaster suddenly creates unforeseen situation including the human misery and problems. The supply chain needed at such times should be well versed in such capabilities.
Explanation of Solution
Given information:
- Characteristics of a ‘disaster’.
- Capabilities of disaster relief supply chain.
Capabilities required are:
- Quick and accurate impact assessment and preparation of a plan of supplies.
- System and processes with very fast response for material availability and supply.
- Availability of downstream supply chains/supplies complete with logistics.
- Regular assessment of status and modification of the supplies accordingly.
- Capability to have periodic interaction with stakeholders for improvements.
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> Annual holding cost = 20 percent of cost
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Chapter 15 Solutions
Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
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