LnSCM_revision_with answers_6pp

Agenda
 Topic Revision
 Exam Practice Questions
 Common Mistakes/tips
EBU5609 Logistics and
Supply Chain Management
Revision
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Note:
 Exercises for this session are not necessarily
those in the exam
 Revise all areas as you can!
 Revise case studies
 Have a ‘bank’ of examples
Topics Covered
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Introduction to Logistics and Supply Chain Management
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Supply Chain Organisation
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Process Thinking: SCM's Foundation
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Technology in Logistics and Supply Chain
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Customer Fulfilment
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Order Fulfilment Cycle - Purchasing, Production and Logistics
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Supply Chain Mapping
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Core Competencies and Outsourcing
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Environmental Scanning and Global Supply Chain
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Cost Management in SCM
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Inventory Management
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Managing Uncertainty in the Supply Chain
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Operational issues in the Supply Chain
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Performance Measurement in the Supply Chain
15
Collaborative Innovation in the Supply Chain
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Law and Ethics in SCM
17
People Management
18
Relationship Management
Exam Practice Questions
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EBU5609
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Exam format – NEW!
Exam format – NEW!
 The exam lasts for 2 hours
 You have to answer ALL FOUR questions
 They are all compulsory questions
 Each question carries a maximum of 25 marks
 You can be asked about anything that was covered
during the module
 There are no complex calculations or multiple choice
questions
 Some questions are using the structure below:
Q1: Total marks – 25 marks
 Part A: Define/concepts (5 marks)
 Part B: Describe/examples (5 marks)
 Part C: Discuss/essay-type questions (15 marks)
EBU6606 - revision
EBU6606 - revision
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Exam format – NEW!
Question 1:
 In the exam you have to answer ALL FOUR
questions in 2 hours
 These practice questions are only 15 marks
each. So please finish writing the key points
of your answers in 5 minutes each. We will go
through the questions when you have finished
each one of them.
 Compare bar codes and RFID and give some
examples of situations where you believe that
RFID has advantages compared with bar
codes.
[15 marks]
Your time starts now
Possible answers
EBU5609
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Sample Answers
Sample Answers (cont’d)
6 marks awarded as follows:
• 3 marks for the definition of RFID
• 3 marks for the definition/description of
barcode
9 marks for the circumstances where RFID is
better than barcode (see next slide)
• RFID is used extensively in warehouse and
distribution centre operations (2 marks)
• RFID improves picking efficiency and accuracy (2
marks)
• Other benefits include: time-saving; (1 mark) easy to
track; (1 mark) large volume of information gathered
at the same time; (1 mark)
 But barcodes are still in use, especially at POS (point
of sales) level, due to its low-cost and compatibility
with existing information systems. (2 marks)
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Question 2:
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Your time starts now
 Consider a manufacturer of wooden toys.
Discuss how it could gain from inventory
management so as to enhance efficiency?
[15 marks]
Possible answers
Sample Answers
15 marks awarded as follows:
• 5 marks if ‘seasonal product’ is mentioned and
corresponding inventory management methods
discussed.
• 5 marks for focussing on ‘wooden’, implying classic
designs, where the issue of ‘obsolesce’ is not an
immediate concern.
• 5 marks for focussing on ‘toys’, implying price-sensitive
consumer goods with lots of competition, where
‘efficiency’ is prioritised when considering
transportation mode, in the pair of trade-offs of
‘efficiency vs. responsiveness’.
EBU5609
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Tips:
Exam Skills and Common Mistakes
Tips:
 Take time at the beginning to read the question
carefully
 If you do not know the answer, do not write
about other topic as your answer; you will not
get the marks. Instead look at a different
question, how much can you answer that
question instead?



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
Revise!
Revise all lecture notes, further reading, etc.
Core text
Understand the layout
Practice timing yourselves. How long do 4
questions take to answer – allow enough time for
all 4, and review time as well.
Common Mistakes
 Where examples were specifically asked for they
were not given as part of the student’s answer
 If a question asks for examples, this means that a
significant number of the marks have been
allocated for examples
 If you do not give examples, you will not get
those marks
 Some of the examples that were given were
completely irrelevant - so marks were not
awarded for them
Common Mistakes
 Many students wrote very little
 For example, we would expect to see between 2 pages of
answers for each question. Many answer books only had
¼ or ½ of a page written for each question
 It is impossible to receive significant marks, and certainly
not 25 marks, when so little is written
 Practice writing the amount you need for each question
 Look at how much time you have (i.e. divide 2 hours by 4
and also allow some time for reading the questions at the
beginning and checking your answers at the end)
EBU5609
with your exams
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