Supply Chain Forecasting

Oct 15th, 2014
RockCafe
Category:
Accounting
Price: $10 USD

Question description

Discuss how forecasting effects the supply chain of an automobile manufacturer. Consider especially the forecasting and supply chains involved in manufacturing a new model (entirely new, not an edition/annual change). How do the individual supply chains for the subparts effect the larger supply chain of the whole automobile. How does forecasting effect the just-in-time or lean production system used in most automobile manufacturing plants?

Example of a typical automobile supply chain:

  • Suppliers for raw materials
  • Suppliers for parts and subsystems
  • Automobile manufacturer (Ford, in the example). Within a company, there are also different departments, which constitute the internal supply chain:
    • Purchasing and material handling
    • Manufacturing
    • Marketing, etc.
  • Transportation providers
  • Automobile dealers

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