Supply Chain Strategy 1.1 BACKGROUND You are the new hired vice president of Falcon Manufacturing, a hypothetical compa

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Supply Chain Strategy
1.1 BACKGROUND
You are the new hired vice president of Falcon Manufacturing, a
hypothetical company with $500 million in annual revenue. You have
been hired to develop and implement a supply chain strategy, which
you will present to the company president. The scope of the
strategy is limited to upstream suppliers (not downstream customers
or business partners).
Describe Falcon Manufacturing’s current a) supply chain strategy
and b) purchasing practices.
Use narrative for a) and bullet points for b). As a proxy,
you can use your present company or a past company you worked for
to describe a) and b). State the current poor supply chain strategy
and list some of the current poor purchasing practices. Provide
sufficient detail, please describe, highlight, and list BAD supply
chain strategy, BAD purchasing practices, and BAD outcomes.
IMPORTANT: Be very sure to draw upon what you
learned in procurement strategy, global sourcing, delivering, cost,
supply chain risk, and digitalization to complete this assignment –
especially with regards to your strategy for improving supply chain
management. Your strategy MUST include elements related to
improving material and information flow between buyers and sellers,
shortening supply lines, deeper collaboration internally and with
suppliers, and a focus on value (not price).
1.2 NEW SUPPLY CHAIN STRATEGY
Input name of supply chain strategy
a) Describe the supply chain strategy using a brief narrative. Use
bullet points to articulate b) key characteristics of the strategy
and the c) desired outcome of successful implementation of the
strategy.
1.3 BENEFITS
Create bullet list of anticipated benefits of the new strategy to
achieve.
1.4 RISKS
Create bullet list of anticipated risks of the new strategy to
achieve.
1.5 IMPLEMENTATION PLAN
Create a realistic implementation or project plan in Gannt chart
format including task and goals or targets. Create the necessary
chart in MS Project, PowerPoint, or other software and import the
image into this space.
1.6 Recommendations
Identify additional resources need to implement the plan. Resources
could be people, money, time, suppliers (such as consultant or
other), help from other departments, data, material, software, etc.
Be as specific as possible in identifying these things.