You will complete a Journal each week.Each week, you will work on one aspect that will help you prepare for the course and reflect. Consider this Journal as study notes. This Journal will provide an opportunity to capture new ideas from knowledge gained and record your thoughts throughout the course. This will also give you an opportunity to record questions you may wish to research further in preparation for other assigned work. Please remember that copying and pasting your own notes without revising is a form of self-plagiarism. Begin your post with the label: Unit 7: Supply Chain Management.Research the following topics related to supply chain management:ProcurementEDIRisk managementRFIDSupply chain uncertaintySelect three of the topics listed and compose 3 paragraphs describing the topics (1 paragraph per selected topic) based on the course material and additional research you conduct online.

Topic: Chose one of the hypothetical/questions/topics to answer utilizing the material from this week (see grading criteria below).a) Sarah Smith hired an attorney, David Rite to collect money owed to her on a mortgage. Rite was successful in his attempt to recover the money. He received a check payable to Sarah Smith for $100,000.00, but he forged Sarah' indorsementand deposited the check c into his own account at Wachovia Bank. He later withdrew the entire amount. Is the bank liable? Why or why not? How could Sarah have protected herself? b) Take a look at the new banking laws dealing with checks and answer the following: In what is the priority among checks drawn on a particularly account and presented to the drawee bank on a particular day to be paid? In other words-which checks gets paid first if all the checks are presented on the same day for payment? Does the Bank decide? It is in an order that prevents or minimized an overdraft? In the order that the checks are actually dated? The checks from the lowest to the highest amounts to minimize the number of dishonored checks? What other method may be used? c) Describe electronic fund transfers and the online banking system with respect to the Electronic Fund transfer AcGrading:This assignment is required and graded - up to 15 points for your original posting with up to 10 points for replies to at least one student for a total of 25 points. See Discussion Board Grading Criteria