Supply Chain Management Module 1 SLP

LOG301: Introduction to Supply Chain Management

Dr. Michael Allison

December 21, 2019

Supply Chain Management Module 1 SLP

2-3 sentence introduction. Researching trends and applying SCM concepts is crucial to learning more about the industry. Seeing how all parts work in the real world is critical to realizing implications of decisions

In this module, we’ll look at the Bullwhip Effect. Marketing efforts affect consumer demand for a product. You’ll soon discover that forecasting is not magic or perfect. By interacting with a simulation, you will manipulate orders to reach equilibrium.

Start off by reading Bullwhips and Beer : Why Supply Chain Management is so Difficult and then begin playing The Near Beer Game. The objective is to balance inventory with demand while minimizing or eliminating stock-outs and carrying too much inventory. Watch how the inventory numbers change and analyze how to take the next step toward returning to equilibrium. Run the simulation at least twice. NOTE: it takes an average of 10 weeks (in the simulation) to achieve the equilibrium.

Game experience

Reaching Equilibrium: How many weeks did it take to reach equilibrium? What adjustments were made to production/raw orders to meet customer demand? What happened after adjustments? (1/2 page)

Inventory shortages and lost orders

In the game, there were weeks when you were not able to meet demand. Research the implications for retailers and suppliers and explain what tools are available to supply chain managers to ease these issues. (research required) (1/2 page)

Overstock: more inventory than orders

At the other end of the spectrum, at times there was more inventory on hand than demanded. Research the implications for suppliers and explain what tools are available to supply chain managers to ease this scenario. (research required). (1/2 page)

Bullwhip effect

Explain the bullwhip effect based on research. Discuss how the bullwhip effect was experienced in the game (research required). (1 page)

Effective academic and research writing requires a 3rd person voice. This SLP will be written in 3rd person. Do not use any quotations. Refer to yourself in third-person as “participant” or you can write about what the “player” will do, rather than saying “I” and “we.” Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” for Assignment-Driven Criteria, Critical Thinking and Assignment Organization and Quality of References on the grading rubric.

Conclusion

This is your 2-3 sentence conclusion. Remember this is the last thing your reader will hear. Your submission will include:

· Trident University International’s cover page

· The body of the paper will be 2 ½ -page paper with APA citations (A 2-3 sentence introduction, 2 ½ page body, and 2-3 sentence conclusion)

· The alphabetized reference list page in APA format

References

This listing should be in alphabetical order. Below are a few examples of reference list entries. The following list needs to be removed before you submit the paper.

Journal in online library (be sure that you give the specific library database for journal articles that you have retrieved from the library, e.g., Proquest, EBSCO – Academic Search Complete, EBSCO – Business Source Complete, IBISWorld, etc.):

Last name, Initials. (yyyy of journal volume). Title of article. Title of Journal, volume

number,(issue number), pages. Retrieved from [insert name of library database]

Example:

Borgerson, J. L., Schroeder, J. E., Escudero Magnusson, M., & Magnusson, F. (2009).

Corporate communication, ethics, and operational identity: A case study of Benetton. Business Ethics: A European Review, 18(3), 209-223. Retrieved from Proquest.

Book in online library:

Last name, Initials. (yyyy published). Book title. Retrieved from [insert name of library

database]

Example:

Johnson, R. A. (2009). Helping really fat dogs. Retrieved from EBSCO eBook Collection.

Newspaper in online library:

Author last name, first initial. (YYYY, MM DD). Name of article. Title of Newspaper,

pages. Retrieved from [name of library database].

Example:

Dee, J. (2007, December 23). A toy maker’s conscience. New York Times Magazine, 34-39.

Retrieved from EBSCO – Academic Source Complete.

Websites

APA end reference for a website – with author:

Author. (Year [use n.d. if not given]). Article or page title.

Larger Publication Title. Retrieved from https://urladdress

Example:

Shiva, V. (2006, February 12). Bioethics: A third world issue. Nativeweb. Retrieved

from https://www.nativeweb.org/pages/legal/shiva.html

APA end reference for a website – with no author:

Title of article. (Year [use n.d. if not given]). Website Title. Retrieved from

https://www.website-name/ABCDEFG-12345

Example:

Media giants. (2014). Frontline: The Merchants of Cool. Retrieved from

https://www.pbs.org/wgbh/pages/frontline/shows/cool/giants/