List and Describe THREE Obstacles to Process Integration Along the Supply

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The Answer is a.Silo Mentality -the inability to see the supply chain from a big picture perspective.Single departments act alone without regard for the firm, or partner firms within the supply chain.
b.Lack of supply chain visibility -the inability to easily share or retrieve trading partner information in real-time as desired by the supply chain participants.
c.Lack of trust -Supply chain partners may be unwilling to work together or share information due to the fear that their partners will either take advantage of them, share the information with competitors, or use the information unethically.
d.Lack of knowledge -Lack of skills in working with the process and information system.Also, a lack of knowledge regarding the benefits of supply chain management among both management and the other employees.This lack of knowledge and/or skill is problematic when either the firm or its partners suffer from it.
The following activities, which cause the bullwhip effect, can also be considered obstacles to supply chain integration:
e.Demand Forecast Updating -Using varying customer orders to create an updated forecasts, production schedules, and purchased requirements
f.Order Batching -Ordering in large amounts in order to decrease order and transportation costs
g.Price fluctuations -Price incentives may cause erratic buying patterns when buyers attempt to stock up on inventory in order to take advantage of low costs, even though demand remains low/constant
h.Rationing and Shortage Gaming -shorting buyer orders when demand exceeds supply.This may cause buyers to over-inflate order sizes in an attempt to meet their demand during these times of short supply.

List and Describe THREE Obstacles to Process Integration Along the Supply

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List and Describe THREE Obstacles to Process Integration Along the Supply

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Correct Answer:
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