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Who is the project guide for Allison D'souza's Business Exposure Project Report?
What is the main academic purpose of the Business Exposure Project Report?
In which academic year was the Business Exposure Project Report submitted?
Which department's head provided motivation for Allison D'souza during her project?
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What year is Allison D'souza in during the completion of her project?
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What expression of gratitude does Allison D'souza emphasize in her acknowledgment?
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Which term is used to describe the learning environment provided by Dr. (Fr) Arun Antony Chully CMI?
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What does SYBBA(IB) stand for in Allison D'souza's report?
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What percentage of respondents identified as employees in the survey?
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What was the total number of respondents in the survey?
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Which operating time category had the highest percentage of respondents?
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What method was primarily used to collect data from retail companies?
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Which of the following roles had the smallest representation among the survey respondents?
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How many respondents reported that their shop/organization had been in operation for less than 1 year?
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What percentage of respondents indicated that their shop/organization had been in operation for 1-3 years?
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How was the survey distributed to collect responses?
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What is one of the key strategies used by Walmart to optimize inventory levels?
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Which of the following strategies is NOT associated with Walmart’s supply chain management?
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What impact do Walmart’s SCM strategies primarily have on its overall success?
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Which of the following is a feature of the supply chain management strategy discussed in the reports?
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What is a common challenge identified in the context of supply chain management?
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Which of the following concepts is related to improving efficiency in product distribution?
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What does the term 'supply chain drivers' refer to in the context of SCM?
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What benefit does Walmart achieve by using technology in its SCM strategies?
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What is the primary advantage of Walmart's cross-docking strategy?
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How does vendor-managed inventory (VMI) contribute to Walmart's supply chain?
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What technology does Walmart use to track inventory movement?
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What is one key benefit of automation in Walmart's distribution centers?
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Which of the following methods is NOT part of Walmart's SCM technology integration?
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How does data analytics help Walmart manage inventory?
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What impact does Walmart's efficient transportation strategy have?
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What is the primary role of big data analytics in Walmart's supply chain?
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What is a significant challenge when integrating new technology into supply chain operations?
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Which skill is critical for making informed decisions that optimize inventory levels?
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What modern consumer expectation poses a challenge to supply chain operations?
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Which of the following is essential for enhancing supply chain performance?
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What critical skill enables supply chain professionals to handle challenges like delays and inventory shortages?
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Which skill is vital for ensuring smooth operations in supply chain management?
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What is a major aspect of managing supply chain complexity?
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Which of the following skills does NOT pertain to successful supply chain management?
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Study Notes
Executive Summary
- The report explores Walmart's successful supply chain strategies, including cross-docking, vendor-managed inventory, efficient transportation, and technology integration.
- The report also examines the Syrian refugee crisis, focusing on key challenges, implemented strategies, and proposed solutions.
- The third report presents a mini survey on supply chain collaboration within the retail industry, including the importance of collaboration, technological integration, and challenges faced.
- The final report discusses a guest lecture on the Indian supply chain and logistics management landscape, covering key discussion points, opportunities, challenges, skills required, modes of transportation, and top companies in the industry.
Introduction
- This report is a Business Exposure Project Report submitted as partial fulfillment of the BBA(IB) Semester III course.
- The report was completed by Allison D'souza, under the guidance of Prof. Venkatesh Iyengar.
Report 1: Case study on Walmart’s SCM Strategies
- Walmart's primary SCM strategies :
- Cross-Docking: Direct transfer of products from inbound to outbound transportation, reducing storage costs and lead times.
- Vendor-Managed Inventory (VMI): Empowering suppliers to manage inventory levels, improving product availability and supplier relationships.
- Efficient Transportation: Optimizing delivery routes, leveraging technology, and managing the fleet effectively, resulting in lower transportation costs and improved delivery times.
- Technology Integration: Using RFID, big data analytics, and advanced logistics software for data-driven decisions, operational efficiency, and customer satisfaction.
Technology Integration in Walmart
- RFID: Real-time tracking of inventory movement for accuracy in inventory management, reduced shrinkage, and efficient replenishment.
- Data Analytics and Forecasting: Predicting demand patterns based on historical sales data, seasonality, and external factors for minimizing waste and maximizing product availability.
- Automated Distribution Centers: Streamlining operations through automation and robotics, improving processing speed, order accuracy, and reducing manual labor.
- Vendor-Managed Inventory (VMI): Suppliers manage inventory levels within Walmart’s distribution network, reducing Walmart’s need for active replenishment and improving stock availability.
Report 2: Experiential Learning: Humanitarian Crisis: Syrian Refugee Crisis
- Background: Addressing the challenges posed by the Syrian refugee crisis.
- Key Challenges: Managing the influx of refugees, providing essential resources, and ensuring long-term stability.
- Implemented Strategies: Providing shelter, food, healthcare, and humanitarian aid to refugees.
- SCM Strategy: Supply Chain Resilience: Focusing on building a robust and resilient supply chain to respond effectively to emergency situations and humanitarian crises.
- Proposed Solutions: Developing emergency preparedness plans, enhancing supply chain visibility and coordination, and fostering partnerships with humanitarian organizations.
- ** Positive Outcomes:** Improved access to resources for refugees and greater resilience in humanitarian response efforts.
Report 3: Mini Survey on Supply Chain Collaboration within the retail industry
- Supply Chain Collaboration: The process of working together with partners, such as suppliers, logistics providers, and retailers, to achieve shared goals.
- Retail Industry: The sector that deals with the sale of goods to consumers.
- Problem Statement: Investigating the level of supply chain collaboration in the retail industry and its impact on business performance.
- Literature Review: Examining existing research and theories on supply chain collaboration in retail.
- Methodology: Conducting a survey of retailers to gather data on collaboration practices.
- Data Analysis: Analyzing the survey data to identify trends and patterns in supply chain collaboration.
- Findings: Presenting the key findings of the survey regarding the prevalence of supply chain collaboration and its impact on retail performance.
- Conclusion: Drawing conclusions about the significance of supply chain collaboration in the retail sector and potential areas for improvement.
Report 4: Guest Lecture: An Overview of the Indian Supply and Logistics Management Landscape
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Key Discussion Points:
- The Indian supply chain and logistics management landscape, its challenges, and opportunities.
- The role of technology in transforming the supply chain.
- The importance of developing a skilled workforce for the supply chain.
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Opportunities and Challenges in Supply Chain Management:
- Growth and increasing demand for efficient supply chains.
- Challenges such as infrastructure limitations, regulatory hurdles, and competition.
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Skills and Talents Required in Supply Chain Management:
- Analytical Skills: interpreting data, identifying trends, and forecasting demand.
- Technology Proficiency: Familiarity with supply chain management software, data analytics tools.
- Problem-Solving Skills: Addressing challenges such as delays, inventory shortages, and supply chain disruptions.
- Project Management: Coordinating stakeholders, timelines, and resources to ensure smooth operations.
- Communication Skills: Effective communication with suppliers, logistics providers, and internal teams.
- Modes of Transportation in Supply Chain Management: Discussing various modes of transportation used in India’s supply chain, such as road, rail, air, and sea.
- Global and Indian Supply Chain Management Market comparison: Analyzing the global landscape and comparing it to the Indian market.
- Top Companies in SCM: Discussing leading companies operating in the Indian supply chain and logistics industry.
- Conclusion: Providing insights into the future of the Indian supply chain and logistics management landscape.
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Description
This quiz covers various aspects of supply chain strategies, focusing on Walmart's innovative approaches, the Syrian refugee crisis, and retail industry collaboration. Additionally, it delves into logistics management in India through insights from a guest lecture. Engage with these diverse topics to enhance your understanding of business and supply chain management.
