SCMG610 Supply Chain Management Assignment Solutions by Experts

Assignment Detail:-

• Number of Words: 1500

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Instructions:

This is to be completed individually.

Read the article “Supply Chain Lessons from the Great Toilet Paper Shortage of 2020” written by Dr. Matthew Drake (Duquesne) and Dr. Mark E. Ferguson (University of South Carolina).

Watch the following video on YouTube.  Managerial Insights for Business: Zoom Q&A with Mark Ferguson – YouTube

Prepare a 4-5 page paper (double-spaced) that included responses to following questions:

• Did you experience stockouts during the Covid19 pandemic? If so, what products were affected and why do you believe those products were out of stock?
• After learning a little bit about the toilet paper supply chain, do you see any limitations that could have led to the shortages or inhibited recovery from the shortages?
• How can a company make its supply chain more efficient? How does a company increase utilization?   How can a company reduce inventory levels through lean practices?
• The reading mentions how the middle of the supply chain is affected by the first and last links of the supply chain. What affects the first and last links (i.e. the raw material supplier and the end-users) of the supply chain?
• Consider your own warehousing limitations, demand rate per period and lead time related to your own purchase and usage of toilet paper. What is your typical reorder point for toilet paper? Did your reorder point change in the beginning of 2020 due to the Covid 19 pandemic?   If so, what was your new re-order point and how much extra safety stock did you carry?
• Can you think of additional reasons why there was a shortage in the supply of raw materials for toilet paper in the Covid 19 pandemic?
• The reading says “Using the newsvendor model, it can be concluded that a very high profit margin for the product along with a very high probability of permanent lost sales would be required to justify the addition of so much capacity. Using the $300 Million cost of machinery and $0 salvage value given in the reading, use the newsvendor model to confirm this value.  Assume lost profit of $1 Million.
• What are additional short-term actions that you noticed or would have implemented if you were the manufacturer or retailer in the toilet paper supply chain?
• What would a Digital Supply Network (DSN) look like for the toilet paper industry? What kind of technology is needed?
• Do you know of any industries that are implementing the tools you suggested in Question #10? If so, which industries and which technologies are they implementing?

Include the following:

Intro paragraph

Summary Paragraph

Citations, using APA format

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