Make-up Extra Credit Questions:

Make-up Extra Credit Questions:

Answer any 4 of the following Questions: (12 points each)
1.) List and briefly explain at least six impact activities of Supply Chain Management by using strategic sourcing on the organizations net income and bottom line.
2.) Outline the key steps in a robust Strategic Sourcing Process. How can strategic sourcing benefits be made sustainable?
3.) The Purchasing Managers’ Index (PMI) is an index of the prevailing direction of economic trends in the manufacturing and service sectors. It consists of a diffusion index that summarizes whether market conditions, as viewed by purchasing managers, are expanding, staying the same, or contracting. Describe in detail whether you believe the Corona Virus has impacted the PMI and the NMI (Non-Manufacturing Index includes Services) and if so, how?
4.) List and briefly explain at least five major trends in Supply Chain Management.
5.) Explain how the Producer Price Indices published by the U.S. Bureau of labor statistics can aid supply chain professionals.

Answer one of the following two Bonus Questions (12 points maximum)
1.) What were the major elements of Subways competitive advantage?
2.) How does DHLs supply chain support its business strategy?