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Q. What is the difference between manufacturing/logistics approach when the basis for competing is:
(i) Cost leadership
(ii) Differentiation
Answer. A company can achieve a competitive edge by various means, e.g., by manufacturing products more cheaply than competitors, by offering unique products or services, or by concentrating on small market niches. Logistics supports each of these business strategies ..................NOT AVAILABLE IN SAMPLE.........
A firm pursuing a cost-leadership strategy attempts to gain a competitive advantage primarily by reducing its ..... ........NOT AVAILABLE IN SAMPLE.....
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Q. Explain push based and pull based supply chain strategies. Also, explain the push-pull model with relevant examples.
Answer. In a Push supply chain, production and distribution decisions are based on longterm forecasts. Typically, the manufacturer uses orders .......NOT AVAILABLE IN SAMPLE.........
In a Pull supply chain production and distribution are demand driven so that they are coordinated with true customer demand ...........NOT AVAILABLE IN SAMPLE.....................
In a Push-Pull strategy, some stages of the supply chain, typically the initial stages, are operated in a push-based manner while the .....
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Q. Compare and contrast EDI, Internet, and Intranet/Extranet. How are they applied in SCM?
Answer. Electronic Data Interchange (EDI) refers to the structured transmission of data between .............NOT AVAILABLE IN SAMPLE..................
EDI is useful for efficient and effective supply chain management, because EDI can help reduce lead time, save documentation ..........
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Q. “The most common method for evaluating non-economic factors in a facility location study is to use a scoring model” Why? Justify your answer.
Answer. Scoring methods are used when site alternatives have to be evaluated on attributes (factors) , .....................NOT AVAILABLE IN SAMPLE..................
The scoring models are popular because a variety of relevant criteria can be included ..........................
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