How did coronavirus epidemic influence demand forecasting


Discussion Post

i. Let's discuss COVID-19 and how it has impacted supply chains across the globe. Which industries have been most impacted and why? Minimum 300 words.

ii. How has demand forecasting been impacted by the virus? How far out can company logistics managers forecast with fidelity given the evolving situation to include container shortages, inflation, etc. Minimum 300 words.

iii. What are some of the most effective and well performing logistics hubs in the world? Select a location and discuss its merits. What would be a poor location and why? Minimum 300 words.

iv. Overall, what was the most effective tool you learned in the course? What will you take to industry and why as far as your learnings are concerned? Minimum 300 words.

Logistics Paper Homework

i. Paper i: During the Corona Virus Epidemic, companies across the globe encountered purchasing management challenges. Frame these challenges from an evolving market, compliance, supply management and globalization perspective and discuss how you would mitigate these issues. Paper should be 4 to 5 pages in length.

ii. Paper ii: Developing supplier relationships is critical for successful supply chain integration. Share several methods used by private industry to develop and retain effective supply chain relationships and offer one or two real world scenarios that have resulted in success. Paper should be 4 to 5 pages in length.

iii. Paper iii: How did the Coronavirus epidemic influence demand forecasting within supply chain management? Select a critical economic sector and describe how demand forecasting was impacted when framing your response. Paper should be 4 to 5 pages in length.

iv. Paper iv: Select a company that has undergone significant supply chain changes as a result of a lean six sigma exercise. What did the company learn, how is it performing more effectively and what lessons does this experience offer similar companies in the same industry? Paper should be 4 to 5 pages in length.

v. Paper v: Many customer relationships were disrupted as a result of the pandemic. How could companies across the globe improve their supply chain customer relationship management process given fluctuating supply and demand, challenges with goods and services accessibility and inflation? How would you improve customer relationship management and what methods would you incorporate? Paper should be 4 to 5 pages in length.

vi. Paper vi: How do companies most effectively decide where to locate logistics hubs across the globe? Are there certain criteria that are evaluated to assist in this decision? If so, what variables should be incorporated in the decision-making process and why? Paper should be 4 to 5 pages in length.

vii. Paper vii: What methods do companies use to measure performance within their supply chains? Are there methodologies that industry should subscribe to? If so, what should companies examine for supply chain optimization and why? Paper should be 4 to 5 pages in length.

viii. Paper viii: What advice would you offer supply chain managers across the country and why? Given what you learned in the course, are there best practices that should be implemented? Paper should be 4 to 5 pages in length.

Format your homework according to the following formatting requirements:

i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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Supply Chain Management: How did coronavirus epidemic influence demand forecasting
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