Essays (5 Points Each):
- The classifications of SCM are lean supply chain, agile supply chain, closed-loop supply chain, reverse supply chain (reverse logistics) and green supply chain. Define and discuss each of these classifications employing examples to illustrate the offered content.
- What are some of the components of a demand forecast? For each component listed, detail what the component is, how significant its role is, and examples to support your response and illustrate the concepts being offered.
- What are the differences between traditional supply chain processes vs. market-driven supply chain processes? Are there advantages and disadvantages to each approach?
- Risk Management, Aggregate Planning, and forecasting have been discussed. Compare how these concepts differ when assessing them in the private sector vs. the public sector (e.g.: Department of Defense) environments.