Description
1.Why big Manufacturing Companies adopted Lean Thinking and the JIT model? 2.Discuss major types of Waste, and why overproduction is the biggest waste companies must keep in mind during production. With the initiation of artificial intelligence. The agile supply chain is a perfect concept for future SCM? Give reasons with examples
Unformatted Attachment Preview
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 2 MGT322 (2nd Term 2023-2024)
Deadline: 30/03/2024 @ 23:59
Course Name: Logistics Management
Course Code: MGT322
Student’s Name:
Semester: 2nd
CRN:
Student’s ID Number:
Academic Year: 1445 H (2023-2024)2nd Term
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: /10
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
•
•
This assignment is an individual assignment.
Due date for Assignment 2 is 30/03/2024
• The Assignment must be submitted only in WORD format 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) font. No
pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover page will NOT be accepted.
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Logistics Management
ASSIGNMENT -2
Submission Date by students: 30/3/2024
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
The global marketplace has witnessed an increased pressure from customers and competitors in
manufacturing as well as service sector (Basu, 2001; George, 2002). Due to the rapidly changing global
marketplace only those companies will be able to survive that will deliver products of good quality at
cheaper rate and to achieve their goal companies try to improve performance by focusing on cost cutting,
increasing productivity levels, quality and guaranteeing deliveries in order to satisfy customers (Raouf,
1994).
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
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
College of Administrative and Financial Sciences
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 big Manufacturing Companies adopted Lean Thinking and the JIT model? (3 Marks)
2. Discuss major types of Waste, and why overproduction is the biggest waste companies must keep
in mind during production. (3 Marks)
3. With the initiation of artificial intelligence. The agile supply chain is a perfect concept for future
SCM? Give reasons with examples. (3 Marks)
4. APA style Reference ((1.0 Marks)
Each answer should be within the limit of 300- 400 words.
The Answer must follow the outline points below:
•
Lean Thinking and JIT Concept
•
Agile Supply chain
•
Their Main functions
•
Reasons with suitable Examples
•
Reference
Ans 1:
Ans 2:
Ans 3:
Purchase answer to see full
attachment
