This week’s topics
Review and coursework completion
- Reviewing the learning outcomes
- Completing and checking coursework against the criteria
- Self-assessment
What you will be able to do
- 1.1 Critically explain the significance of effective supply chain and operational management in achieving organisational objectives.
- 1.2 Explain the relationship of supply chain management with other business functions in an organisation.
- 1.3 Critically analyse the key success factors that aid in developing an integrated supply chain strategy in an organisation.
- 2.1 Critically evaluate factors and strategies that drive organisations to maintain supplier relationships.
- 2.2 Assess the use of information technology to create strategies to develop effective supplier relationships.
- 2.3 Recommend supplier relations systems to maintain relationships with suppliers.
- 3.1 Justify the importance and use of logistics in supply chain management in an organisation.
- 3.2 Evaluate the effectiveness of procurement strategies and procedures in an organisation.
- 3.3 Critically analyse factors that may improve logistics and procurement strategies in an organisation.
- 4.1 Design effective and economic order quantity for procurements in an organisation.
- 4.2 Critically evaluate the role of the principles of LIFO and FIFO in inventory control.
- 4.3 Evaluate the just in time systems of managing inventory.
- 5.1 Analyse factors involved in developing a strategy to improve an organisation's supply chain.
- 5.2 Plan various supply chain strategies to improve an organisation's supply chain.
- 5.3 Justify the choice of a supply chain strategy according to its suitability, feasibility, acceptability and overall performance benefits in an organisation.
Activity
Guided review of every criterion; coursework completion clinic and peer review.
Study materials
The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.