Assignment A - mine.docx - Assignment A(\u2714\ufe0e In a text(e.g Microsoft Word document answer the following questions thoroughly and concisely Ensure to

Assignment A - mine.docx - Assignment A(u2714ufe0e In a...

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Assignment A ( ) In a text (e.g. Microsoft Word) document, answer the following questions thoroughly and concisely. Ensure to support your answers with module reading/viewing references and/or other valid and reliable resources. Cite references correctly and appropriately. Part A (20 Marks - 5 marks Per Question)1.List the four elements of supply chain management and provide a short explanation of each of the four elements. What types of failures might each of those elements create within the supply chain?2.Explain the bullwhip effect. What can be done to reduce the bullwhip effect? Give an example of how the bullwhip effect results in excess costs in the supply chain.3.Discuss at least five differences between supply chain partnerships of the past and those that have developed today.4.Explain the concept of 'value-enhancing benefits'. List and describe three examples of benefits that may be realized by a firm that successfully manages its supply chain.Part C (20 marks - 5 Marks per question)
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