MMPO 005 Solved Assignment 2023-24


MMPO 005 Solved Assignment 2023-24

Logistics and Supply Chain Management

MMPO 005 Solved Assignment 2023-24 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

Assignment Code: ASST/ MMPO 005/2023-24

Marks: 100

Attempt all the questions.

Q1. “Porter used a tool called the value chain to separate buyers, supplier and a firm into the discrete but interrelated activities from which value stems.” Comment on the statement.

Michael Porter introduced the concept of the value chain to analyze and understand the various activities that contribute to the creation of value within a business. The value chain is a strategic tool that helps in breaking down the activities of a firm into different categories, allowing for a detailed examination of how each activity contributes to the overall value proposition.

The value chain consists of primary activities and support activities. Primary activities are directly involved in the production and delivery of a product or service, while support activities provide the necessary infrastructure and resources for the primary activities to take place. By using the value chain, Porter aimed to identify sources of competitive advantage and understand how a firm can create and sustain value for its customers.

The statement suggests that the value chain is a framework that enables the analysis of the relationships and interactions among buyers, suppliers, and the firm itself. Each of these entities plays a crucial role in the value creation process. Buyers demand value, suppliers provide inputs, and the firm transforms these inputs through its activities into a final product or service.

By examining the discrete but interrelated activities within the value chain, businesses can identify areas where they can gain a competitive edge, optimize their processes, and enhance overall efficiency. This approach helps in strategic decision-making, as firms can focus on improving specific activities that have the greatest impact on value creation.

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In summary, Porter's value chain is a valuable tool for understanding how a firm creates value by breaking down its activities into distinct components. This analysis facilitates a comprehensive view of the relationships between buyers, suppliers, and the firm, allowing for strategic improvements and competitive advantage in the market.

Q2. It is a fact: SCM and BPR have a common goal and are interrelated. Explain the sentence with examples.

Q3. When Christopher says that “supply chains compete, not companies” what exactly does he mean. Evaluate this statement from the cost point of view.

Q4. What is the need for Supply Chain Performance Measures? What are the factors that contribute to management’s need for new types of measures for managing the supply chain?

Q5. “With information freely available on the Internet, the demand for consultants will reduce”. Comment on the statement.

MMPO 005 Solved Assignment 2023-24 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

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