Every year, twice a year (semester 1 and 2), students register with the Open Cam

Question

Every year, twice a year (semester 1 and 2), students register with the Open Campus, in nearly 50 physical sites located in 17 English-speaking Caribbean countries to take MGMT2006 - Management Information Systems 1. These students are placed into groups and assigned a tutor. Students write a final exam and this activity generates a lot of interesting data that can offer valuable insight to students and educational administrators alike.

Sample data related to a fictitious year has been compiled into a Power-BI dashboard for your use. Explore the dashboard, and see what you can see. Click on all the graphs; use the push buttons for semester or country or tutor; and use the site selection list. Expand the map and zoom in. Can you see how the interactive dashboard can answer almost any question you can think of?

In a Discussion forum, formulate 2 questions and use the dashboard to answer the questions. Then formulate one question and ask one of your colleagues to answer that question, also respond to (one) question that someone asked of you.  Link to the MGMT2006Sample dashboard

Explanation / Answer

1- Supply chain management

Supply chain management is a process which is used by companies to maximise the efficiency and to ensure the quality control.
The five basic components of supply chain are as follows.
1. Plan
2. Develop
3. Make
4. Deliver
5. Return.

1-Plan-

Planning is the first stage of a supply chain. A plan is developed for the actual need of the customer. For a profitable supply chain good planning is very essential. For proper resource management and customer satisfaction supply chains are developed to maintain high profits and correct delivery to the customers.

2-Develop-

Development is the second stage for the supply chain, How the source or the raw material supplier interacts with the company and provide a better service is ensured in this section. It also plans for shipping, delivery and payment. Developing relations with the suppliers is very important as raw material's quality should be constant.

3-Make-

In third stage product is manufactured , packed , shipped and delivered to the customer, This is a manufacturing step hence it plays a big role in the goals of a supply chain because if the production is slow or any part of the making reduces it speed it effects the whole system.

4-Deliver-

Delivery is the fourth part of the process in which the product is handed over to the logistics , The products are distributed with the help of warehouses and payments are collected via invoice system.

5-Return-

Return is the final part of the supply chain in which the customer can return the defective or faulty products and company can raise questions on the same..
Each of above components have their own significance in creating an effective supply chain. Main goals explained above should be strictly followed to ensure the quality and effectiveness of the chain.

2- Influencing factors of supply chain.

Supply chain management is one of the most essential task for any organisation. It defines the position of the company and distribution of its product from the manufacturer to the customer. Globalisation has played an important role in the supply chain management other things become more globalised the overall situation of the supply chain management has been drastically changed.

Some of the main factors which influence can supply chain management in the international level are as follows

Technological advancement

Technological advancement has played an important role in the development of the supply chain management systems. As the Global standards turn to be higher, technologies implemented into the supply chain management has also grown very strongly. Globalisation has played an important role in development of these Technologies has it provide a platform as well as need for supply chain management to improve the Technologies implemented.

Improved logistics

As a result of globalisation need of the improved logistic services has been implemented into the supply chain network. As a result of globalisation large amount of transportation vehicles as well as medium which are related to the land transport or the air transport as well as the Marine transport system has been developed widely at the effect of the globalisation.

Software development

Softwares used in the change management has been very widely. This development help supply chain management to create cross platform applications which can be used across the globe to maintain productivity as well as efficiency of the supply chain. Big developed software also increase the level of communication between the different events of the supply chain management which increases the overall productivity as well as efficiency of the supply chain.

Supply chain management using some concepts to deal with the problems as well as the whole system. Some of the concepts are as follows.

Logistic management

Logistic basic concept of supply chain management system that is responsible for fulfilling all the demand. Its main goal is to provide an effective system to deliver the goods or the service is from the manufacturer to retailer on the customer. Logistics make sure that the products are being delivered in the right time and efficiency as well as a productivity of the company is maintained. Logistic is one of the most essential and basic parts of a supply chain. By increasing the overall efficiency of the logistics we can easily increase the overall efficiency of the supply chain.
At a Global Position logistics management has been very maturely improved. better logistics management has definitely increased over all position as well as efficiency of the logistics systems which has benefited the supply chain as a global scale.

Supply management

Supply management make sure that everything which is needed for supply chain is in its place. Resource Positioning, acquisition ,identifications, access, management for resources and other related capabilities of the organisation on which everything else is potential independent are managed and done by supply management system. Supply management is responsible for organising and controlling the source of direct materials as well as finished goods or the capital equipment. This is required to maintain show off the materials in a supply chain help this is also very essential part of a supply chain management system.
Applied management systems has also been improved at a global scale. with the help of large-scale supply management, extremely large supply chains can be efficiently managed which directly increases overall profit generated by the use of the supply chain management system in the organisation.

Value chain

A value chain is untold with which competitive analysis as well as strategies are created and its main goal is to provide a value to the customers and profits for the organisation as well. Supply chain manager is the overall flow of product as well as cash in wind direction from company to the customer where value chain help in generating in demand of the product and the return cash flow from the customer. Value chain is required for the revenue generated by return flow and is its very important to be a part of the supply chain management system.
Building a value chain network has also been implemented as an important part at a global scale which definitely improve the organisation situation by analysing the competitive as well as different tissues. Does increase in overall availability of the different data as well as sources for the organisation at a global scale which creates its definite identity over the Global platform.

All in all we can see that supply chain management has been affected by the globalisation and improved over the time with the help of the different factors involved in the supply chain management it has been very widely affected.Facilitators had an important impact on the supply chain management system hence cannot be included into the needed components or concepts for the supply chain management.

(MGMT2006)

P.S.- please use separate threads to ask multiple long questions in one go.

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