ECOM 402 SED E Supply Chain Management Critical Thinking Questions

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E-Supply Chain Management (ECOM402)
Semester 2 (2021-2022)
Assignment Part 1: Critical Thinking
Maximum Grades: 15
Duration: 5 Weeks
Number of Words for Each Answer: 150 to 200 Words
Critical Thinking
Background information:
The supply chain profession entered the year leading the digitalization of ecosystems, delivering the
customer experience, managing trade uncertainty and applying circular economy concepts.
Digital technologies have deeply changed the way societies exchange information and interact with each
other Technological novelties have altered how people communicate and share information. Technology
has driven enterprises to the next level by helping in many ways starting from automate repetitive
activities, eliminate errors, last but not the least to help in decision making. The use of technology will
surely bring down the challenges and issues, related with customer expectations, managing their
suppliers, maintaining the quality standards and access to supply chain data faced by Supply Chain
leaders’ year-on-year.
The evolution of SCM is being driven by new information technologies, including Big Data, cloud
computing, the Internet of Things (IoT), radio frequency identification (RFID), 3-D printing, robotics,
global digital networks, artificial intelligence, and augmented reality. Global supply chain flows will
become increasingly digital and integrated, and end-to-end data will be driven in real-time,
exponentially increasing upstream information flows.” This new paradigm calls for a new management
culture. We call this management culture “Supply Chain Management 4.0.”
This novel technology will affect the logistics, supply chains, manufacturing, and transportation
industries. Therefore, the future of every industry will be open to innovation and technology. Every
industry is going through a rapid transformation that appeared with the fourth industrial revolution.
As a Project manager what measures are you going to take for your organization under below
mentioned critical questions:
Critical Question(s)
Ques-1-Looking ahead to 2022 and beyond, what does the future hold for the supply chain? (3- Marks)
Ques-2-Discuss technology disruptors deserve immediate attention? (3- Marks)
Ques-3-Examine and Outline the major issues being faced by supply chain managers and how does it
affect the companies they work for? (3- Marks)
Ques-4- Discuss, Information technology offers many valuable capabilities to the lean
enterprise? (3- Marks)
Ques-5-Analyse what are the future necessities in the field of SCM4.0 applied to sustainable supply
chain management? (3- Marks)

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Explanation & Answer:

5 Answers 150 Words Each

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