Brigham Young University Lee Side Steel Company Supply Chain Management Paper

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Business Finance

Brigham Young University Independent Study

Description

This assignment is intended to help you build a supply chain plan/diagram for a new business by analyzing factors that affect sourcing, logistics, metrics, suppliers, and risk.

Create a diagram of the supply chain plan using one of the following tools:

  • Excel
  • PowerPoint
  • Visio
  • PictoGram
  • PDF
  • Other faculty-approved platform

Write an 875-word analysis of the supply chain. Include the following:

  • Value chain and flow of structure 
  • Inputs
  • Outputs, including customer service structure 
  • Inventory points and forecasting
  • Sourcing activities
  • Risks
  • Locations
  • Logistics

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Explanation & Answer

Attached. Please let me know if you have any questions or need revisions.

Supply Chain Management
i.

Introduction

ii.

Lee-Side Steel Company

iii.

Value Chain and Flow of Structure

iv.

Inputs

v.

Output

vi.

Inventory Points and Forecasting

vii.

Sourcing Activities

viii.

Risk and Location

ix.

Logistics


Running head: SUPPLY CHAIN

1

Supply Chain Management
Student’s Name
Institutional Affiliation

SUPPLY CHAIN

2
Supply Chain Management

In operating a business, the supply chain forms the foundational operational aspect that
involves a comprehensive network between a company and the suppliers necessary to produce
and distribute a selected product (Min, Zacharia, & Smith, 2019). In this case, having an
elaborated supply chain in a company fosters increased collaboration and information flow with
the supply chain and logistics, augmenting its capacity to promote success and growth. Besides,
the supply chain enhances the ability to improve the higher efficiency and production
optimization leading to improved risk mitigation and enhanced cash flow. Moreover, the supply
chain intensifies the business’s capability to accomplish the required efficiency level, prompting
improved production and corresponding customer delight with the products and service delivered
by a company.
Discussion
Lee-Side Steel Company
Lee-Side a new business operating in the steel industry dealing with manufacturing steel
products based on the consumer’s requirements. The management has helped determine the bestsuited supply chain plan to facilitate excellent follow-up information, inventory management,
and production efficiency needed to accomplish the company’s goals and objectives. The
diagram...


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