Operations management assignment on : Supply chain and its risks

Q1 a) How would you diagnose the supply chain to identify and prioritize risk?b) How would you reduce risk in the auto parts supply chain which has been threatened? What risk mitigation strategies should the automotive manufacturers follow to deal with large scale disruptions of their supply chains?

c). How disruption of manufacturing in Japan has ripple effects globally?

d). Why is this an important Issue?

e). “We have exposed ourselves to greater risk by trying to integrate teams which are multi-national and distributed geographically”. Justify this statement.

f). What risk management plan, including supplier risk viability, should the automakers develop prior to the occurrence of a disaster?

Ans1a) It must be noted that, diagnosing the supply chain as well as prioritizing the risk should be kept in mind while continuing with the business. Risk awareness as well as risk management should be kept in mind. In order to manage the risk, supply chain management should be kept in coordination with the various activities in an organization (Protiviti Flash Report, 2011). Hence, in order to manage the risk the supply chain management should have a broader scope which would provide in depth insights regarding the key processes. Supply chain management as well as prioritizing the risk should be recognized. Fair coordination should be framed between the two. This would help in order to rely upon the dependency, negotiate on the various aspects as well as persuade across the organizations to reduce the risks.

Ans1b) The automotive supply chain refers to one of the complex systems. Approximately 20,000 parts are there in the manufacturing of a car. Due to the disruption in Japan, many of the parts were unavailable & hence, risk factors were getting accumulated (Protiviti Flash Report, 2011).

The four types of strategies which should be used would be as follows:

Þ     Accept risk

Þ     Avoid risk (change plans to avoid the possibility of risk)

Þ     Mitigate risk (lessen the risk)

Þ     Transfer risk (outsource the risk)

Ans1c) Disruption of manufacturing in Japan, had ripple effects over the supply chain of the same. The transportation as well as the logistics system were growing in a disastrous condition. Various examples from the automotive industry had led to increased complexity as well as an intricacy in the supply chain all over the globe. Most of the companies rely upon the Japanese companies in order to supply the various spare parts for various mobile phones, ion batteries, car manufacturing organizations, etc (Protiviti Flash Report, 2011). The disruption in Japan had created a halt in the supply chain of General Motors, Apple, etc. This has led to a halt in the production process of the same. Hence, the humanitarian efforts have taken up various steps which would help in order to overcome the various problems which might come in the production process.

Ans1d) For the past two decades from now, globalization as well as outsourcing has led to an increase in the overall information technology & the various types of services which has encouraged the various organizations in order to eliminate the non essential activities & automate the various activities.

The various new concepts such as JIT, Re-engineering, Total Quality Management, etc have increased the productivity as well as the efficiency of the organization. This has also led to an increase in creating inter relationship between supply chain & the risk factor involved. JIT techniques have been adopted in order to decrease the levels of inventory where quality, time, etc should be kept in mind. The disruption in Japan has led to high levels of effect over the same. There is a clear trade-off without any type of risk involved (Protiviti Flash Report, 2011).

Ans1e) “We have exposed ourselves to greater risk by trying to integrate teams which are multi-national and distributed geographically”. This statement means that, after the disruption in Japan the country has tried to take up various concepts or teams which have been taken up by the various multinational all across the globe in order to overcome from the loss. Japan has been exposed to high levels of risk which have led them to suffer on various grounds such as Supply Chain, Engineering, etc. This has led the entire Japanese economy to come to a standstill.

The disruption in Japan had created a halt in the supply chain of General Motors, Apple, etc. This has led to a halt in the production process of the same. Hence, the humanitarian efforts have taken up various steps which would help in order to overcome the various problems which might come in the production process (Protiviti Flash Report, 2011).

Ans1f) A risk management plan along with supplier risk viability should be maintained well before any disaster would come up. A risk management plan with a matrix should be prepared by the project manager or the risk manger, etc in order to estimate the adverse impact along with creating a response plan. This would majorly consist of a risk assessment matrix.

The four types of strategies which should be used would be as follows:

Þ     Accept risk

Þ     Avoid risk (change plans to avoid the possibility of risk)

Þ     Mitigate risk (lessen the risk)

Þ     Transfer risk (outsource the risk)

Q2: Suppose we would like to own and operate a New Airline in the western region of Australia. We would serve a range of new destinations and also have logistics support and maintenance services at the airline’s hub.

–Define our objectives and develop a business case,

–Decide where it will be – potential location sites (head-quarter, hub, and different origins and destinations).

–Decide on type of business – ownership or shareholders, and the feasibility of expanding the business to other cities and regions in Australia,

–Plan for day to day operations from an ILS perspective, including the ten elements discussed in class.

–Develop an ILS plan to conduct a Logistics Support Analysis.

Ans2. In order to own & operate a New Airline in the western region of Australia the following mission, objectives, locations or sites should be taken into consideration. An integrated ILZ plan should be made which would help in order to conduct a structured Logistics Support Analysis. They would be as follows:Mission:

The mission of the New Airline would be – “To become a global airlines committed towards providing air transportation services of the premium quality and to maximize the returns for the benefit of its shareholders and staff.”

Objectives:

The objective of the New Airline would be to run as well as develop a well known brand, close relationship with its employees as well as customers to build a prosperous future and spread its services all over the globe. Its main objective would be to provide a safe & a hassle free journey to all its travelers. The New Airline would be supported by a dedicated staff and devoted customers. This would give them the motivation to serve their customers in the best possible manner (Protiviti Flash Report, 2011).

The main aim of the New Airline would be to meet the expectations every time you fly and so we continue to invest in the business & will always strive to provide you with an exceptional level of service.

Strategies:

The future possesses many challenges for the New Airlines as more & more number of airlines is operating in the similar destinations. In order to compete & build a strong brand image in the minds of the travelers the New Airline would adopt various strategies (Protiviti Flash Report, 2011). It should formulate certain strategies in order to meet its long term objective of serving the people at its best of the ability.

Production & Distribution:

The New Airlines would be expected to cover 142 destinations in 32 countries. It a covers almost all the major cities of Australia

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