This assignment will help you develop an understanding about the life
cycle of supply chains including the models that are aligned with it
and the cost it bears. In addition, you will develop an awareness of the
elements of the supply chain that should be monitored to ensure the
desired results are being obtained.
Scenario:
You have been asked to be a guest speaker in a high
school business class. Your task is to explain the basic concepts of
supply chain management to a group of students. The students will take a
quiz on supply chain management based on the information in your
presentation.
Instructions:
Develop a creative, engaging, educational handout that students can
use to prepare for the quiz. Your handout should accomplish the
following tasks.
- Diagram and explain the life cycle of a supply chain.
- Explain, and provide examples of, the models organizations use to manage forecasting, planning, and inventory.
- Examine, and provide examples of, the costs absorbed by organizations with respect to inventory and logistics.
- Describe how organizations use various parameters to monitor supply chain performance and provide examples.
Your handout should be written in a clear, concise, and organized
manner, as well as demonstrate ethical scholarship in accurate
representation and attribution of sources (i.e., APA); and display
accurate spelling, grammar, and punctuation.
Write a 1–2-page handout in Word format along with a separate title
page and reference page. Apply APA standards to citation of sources.
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