building blocks of a supply network strategy

2/13/23, 4:34 PM Week 2: Project 1 – SCMG201 1001 Winter 2023 – APEi

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Week 2: Project 1

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Instructions

Assignment Instructions

Week 2 Project 1: PowerPoint Presentation

Course Objectives:

• COl: Appraise the stages, activities, and organizational functions important to

a successful supply chain network .

• CO2: Examine current trends in supply chain management (SCM) shaping how

supply networks are designed and managed

• C03: Evaluate the four building blocks of a supply network strategy and how

they work together to form an effective supply chain

Assignment Prompt:

This week’s project involves to create a PowerPoint Slide Program that introduces,

explains, and evaluates one of the following subjects (your choice):

• The interaction of products, funds, and information in an effective supply chain

network

• The differences between a product-oriented and service-oriented supply chain

network

• Trends impacting today’s supply chain network and management

https://myclassroom.apus.edu/d2I/lms/dropbox/user/folder_submit_files.d2I?db=300130&grpid=0&isprv=0&bp=0&ou=78650 1/3

2/13/23, 4:34 PM Week 2: Project 1 – SCMG201 1001 Winter 2023 – APEi

• The importance of cooperation and coordination between different

organizational functions within a supply chain network

• The characteristics of a competitive supply chain network

Instructions:

The slide program should have:

1. A minimum of 12 slides (more will be needed for better detail and a better … )

2. A template appropriate to Supply Chain Management

3. An introductory slide that informs your audience of the subject

4. Art, photographs, clip art, and graphics to enhance every slide

5. Your slides should refer to a minimum of 3 references. Cite and reference (on

the last page) according to APA 7

6. Use bullet lists, not long paragraphs

7. Insert speaker’s notes at the bottom of each page to expand on and explain

your main points.

8. Include a summation slide at the end that tells your reader what key points

they should take away from the presentation.

Please review the attached grading criteria prior to beginning this assignment

Project 1 is due by this Sundav. midnight. Use the following file saving convention

JSmith_Projectl

Due Date

Feb 19, 2023 11:59 PM

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After uploading, you must click Submit to complete the submission.

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2/13/23, 4:34 PM Week 2: Project 1 – SCMG201 1001 Winter 2023 – APEi

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Evaluate the four building blocks of a supply network strategy and how

Introduction

A supply network strategy is the backbone of any organization’s operations. It’s also a critical component of any future growth strategy and an important factor in determining your success as a business. In this blog post, we’ll look at how to evaluate the four building blocks of a supply network strategy and how they relate to each other.

Identify the supply network strategy

A supply network strategy is a plan that identifies the different types of suppliers and service providers that you will use to meet your needs. It can be as simple as a list of companies you use, or it could include detailed information about each supplier’s capabilities and strengths.

In order to identify your supply network strategy:

• Determine what type of business you want to run (e.g., retail store or restaurant)
• Consider the various roles necessary for running said business (e.g., salesperson/sales manager/manager)
• Identify which types of resources will be available at each role level (e.g., salesperson works alone or in teams)
• Evaluate how well each resource matches up with these requirements

Evaluate the four building blocks of a supply network strategy

It’s important to evaluate the four building blocks of a supply network strategy and how it can help you achieve your goals.

• Identify the supply network strategy: In this step, you should identify what types of suppliers are needed to meet your business needs. Then consider what type of relationship with each supplier would be best for meeting those needs. For example, if one supplier has an excellent reputation but is too expensive, then consider using another provider who is not as well known but cheaper or less expensive.
• Evaluate the benefits and costs: Once you’ve identified all possible options for sourcing products or services from different providers, evaluate their benefits and costs so that you have a clear understanding on whether they’re worth pursuing further in order to meet your needs effectively (and within budget).

Consider the benefits and costs of a new supply network strategy

When evaluating the costs and benefits of a new supply network strategy, you need to consider:

• The cost of each type of connection. For example, if you have an existing relationship with one supplier that’s not working well for you and it would be better for both parties if you switched to another supplier, how much would it cost?
• The benefits of switching suppliers. Think about how much money could be saved by switching suppliers or whether there is any other benefit that makes sense in this situation (like faster delivery times).

Know where you’re going and what your steps are.

• Be aware of the potential pitfalls. As you begin to think about how your supply network strategy will work, keep in mind that there are always risks and trade-offs involved in any business plan.
• Make sure you have a plan. Before starting off on your supply network journey, it’s important to make sure that you have all the information needed for success—including what kind of structure or organization is best suited for each step along the way (see section 4).
• Don’t rush into things! If at first you don’t succeed try again; then try harder; then quit entirely until next year when things might be easier since time has passed since last year’s attempt at this venture…

Conclusion

If you’re a business owner, it’s time to evaluate your supply network strategy. You might be tempted to skip this step and start implementing changes right away, but doing so could lead to poor results and high costs. Before you jump into new initiatives or hire new people, take some time to consider what your goals are for each part of the supply chain: from finding suppliers and manufacturers down through distribution channels until your product reaches customers. Then figure out how best to achieve those goals with the least amount of effort possible–and avoid any unnecessary work along the way!