NIOS Class 10 Logistics & Supply Chain Management Chapter 15 Barriers to Supply Chain Management

NIOS Class 10 Logistics & Supply Chain Management Chapter 15 Barriers to Supply Chain Management Solutions to each chapter is provided in the list so that you can easily browse through different chapters NIOS Class 10 Logistics & Supply Chain Management Chapter 15 Barriers to Supply Chain Management and select need one. NIOS Class 10 Logistics & Supply Chain Management Chapter 15 Barriers to Supply Chain Management Question Answers Download PDF. NIOS Study Material of Class 10 Logistics & Supply Chain Management Notes Paper 258.

NIOS Class 10 Logistics & Supply Chain Management Chapter 15 Barriers to Supply Chain Management

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Also, you can read the NIOS book online in these sections Solutions by Expert Teachers as per National Institute of Open Schooling (NIOS) Book guidelines. These solutions are part of NIOS All Subject Solutions. Here we have given NIOS Class 10 Logistics & Supply Chain Management Chapter 15 Barriers to Supply Chain Management, NIOS Secondary Course Logistics & Supply Chain Management Solutions for All Chapters, You can practice these here.

Barriers to Supply Chain Management

Chapter: 15

INTEXT QUESTIONS 15.1

1. How many elements are there in a supply chain driver?

(a) 3.

(b) 4.

(c) 5.

(d) 6.

Ans: (c) 5.

2. __________ holds the produced product on how much to stock on how much to sell.

Ans: Inventory.

3. Right Information flow helps the internal organisation to bind and work efficiently.

(a) True.

(b) False.

Ans: (a) True.

4. It is difficult to produce a product for all seasons and a wide variety of people.

(a) True.

(b) False.

Ans: (a) True.

5. Smooth flow of delivery is attained by right inventory.

(a) True.

(b) False.

Ans: (a) True.

INTEXT QUESTIONS 15.2

1. Reverse logistics becomes harder if there are many outlets.

(a) Yes.

(b) No.

Ans: (b) No.

2. Location is one of the reasons for improving the profit margin of the company indirectly.

(a) True.

(b) False.

Ans: (a) True.

3. Walmart is a giant in the ____________ industry.

Ans: Retail. 

4. Customer __________ is attained with proper delivery.

Ans: Satisfaction. 

INTEXT QUESTIONS 15.3

1. Transportation is the main driver among other supply chain drivers.

(a) True.

(b) False.

Ans: (a) True.

2. Timely delivery is affected by.

(a) At what time you are operating.

(b) Climatic factors.

(c) Geographical factors.

(d) All the above.

Ans: (d) All the above.

3. Information acts as a __________ system of the company.

Ans: Nervous.

4. Right information helps in adapting to market situation quickly

(a) True.

(b) False.

Ans: (a) True.

5. Categorization of customer needs is attained with the right information

(a) True.

(b) False.

Ans: (a) True.

INTEXT QUESTIONS 15.4

1. Order fill accuracy is the percentage of __________that are successfully filled.

Ans: Wholesale orders.

2. Scalable delivery mainly depends on the__________ provider of the company.

Ans: Logistics.

3. By correct logistics and customer service, customer expectations are fulfilled on time.

(a) True.

(b) False.

Ans: (a) True.

4. Efficiency in the supply chain means __________ of all the available resources.

Ans: Optimum Usage.

5. Warehouses are a part of improved supply chain efficiency of a company.

(a) True.

(b) False.

Ans: (a) True.

6. Optimising your supply chain at regular intervals helps in improving the efficiency of the company.

(a) True.

(b) False.

Ans: (a) True.

7. Match the following:

Ans:

8. In a responsive supply chain, __________method is used to meet unexpected demand.

Ans: Maintain Buffer Inventory. 

9. Installing many locations close to customers helps to attain high responsiveness in your supply chain activities.

(a) True.

(b) False.

Ans: True.

INTEXT QUESTIONS 15.5

1. Elaborate KPI.

Ans: Key performance Indicator. 

2. Lack of information sharing results in poor production and inventory.

(a) True.

(b) False.

Ans: (a) True.

3. Increasing inventory gives __________ but results in higher inventory carrying cost.

(a) lower responsiveness.

(b) lower efficiency.

(c) higher efficiency.

(d) higher responsiveness.

Ans: (d) higher responsiveness.

1. List out the drivers of Supply chain management.

Ans: The drivers of Supply chain management are:

(i) Production holds the amount of raw materials to be used to produce and how many units to be produced.

(ii) Inventory holds the produced product on how much to stock on how much to sell.

(iii) Location decides the advantage of timely delivery to reach out to the end customer.

(iv) Transportation decides the mode of transport to be used, at which time, the route, and the drivers.

(v) Information flows to all the departments to make a timely decision and above all, it’s the key factor in managing the whole supply chain progress and its output.

2. Draw the diagram of the main elements of supply chain drivers.

Ans: 

3. Write a note on Inventory as a supply chain driver. 

Ans: Inventory management optimised for responsiveness: Optimising responsiveness can dictate stocking higher product levels and at more warehouse locations. Efficient inventory allows for unexpected fluctuations in demand that can be met promptly.In supply chain management, inventory refers to the stock of goods and materials that a company holds in order to meet customer demand. This can include raw materials, work-in-progress, and finished goods. Inventory is a key aspect of supply chain management as it allows a company to respond quickly to changes in customer demand, while also ensuring that production and delivery schedules can be met. Properly managing inventory can also help a company reduce costs associated with carrying excess stock and stockouts. Inventory management can include activities such as forecasting demand, determined.

4. What is the responsiveness of the supply chain?

Ans: The responsiveness of a supply chain refers to its ability to quickly adapt to changes in demand, supply, or other factors. A responsive supply chain can swiftly adjust its production, distribution, and inventory levels to meet fluctuations in customer demand, changes in market conditions, or unexpected disruptions. This adaptability is crucial for businesses to maintain customer satisfaction, optimise costs, and stay competitive in dynamic markets. Strategies for enhancing supply chain responsiveness include improving communication and collaboration among supply chain partners, implementing flexible manufacturing processes, using technology for real-time tracking and data analysis, and developing contingency plans for potential disruptions.

5. Distinguish between Supply chain efficiency and Responsiveness.

Ans:

6. Explain the impact of responsiveness and efficiency on each of the major drivers of supply chain performance.

Ans: The impact of responsiveness and efficiency on each of the major drivers of supply chain performance are:

(i) Cost: 

(a) Efficiency: Improved efficiency typically leads to cost reductions within the supply chain. Streamlining processes, reducing waste, and optimising resource utilisation can all contribute to lower costs.

(b) Responsiveness: While responsiveness may sometimes lead to higher costs due to the need for agility and flexibility in responding to changes in demand or market conditions, it can also help minimise costs associated with stockouts, excess inventory, and expedited shipping.

(ii) Quality:

(a) Efficiency: Efficient processes often result in consistent quality outputs. By minimising errors, defects, and variability, efficiency contributes to maintaining or improving product quality throughout the supply chain.

(b) Responsiveness: Being responsive to quality issues is crucial for maintaining customer satisfaction and brand reputation. Quick detection and resolution of quality issues through effective communication and collaboration with suppliers and partners can enhance overall quality performance.

(ii) Flexibility:

(a) Efficiency: Efficient supply chain processes are often designed with a degree of flexibility to adapt to changing conditions without sacrificing productivity or increasing costs significantly.

(b) Responsiveness: Responsiveness is closely linked to flexibility, as it involves the ability to quickly adjust production schedules, inventory levels, or distribution channels in response to changes in demand patterns, supply disruptions, or other external factors.

7. Without the right demand and market, you cannot sell your product. Justify.

Ans: The right demand and market, you cannot sell your product are: 

(i) Market Fit: If there isn’t a demand for your product in the market, it’s going to be challenging to sell regardless of how innovative or well-designed it is. Understanding your target audience and their needs is crucial for creating a product that resonates with them.

(ii) Marketing and Sales Efforts: Even with a great product, marketing and selling it becomes much harder without existing demand. Generating interest, building brand awareness, and convincing customers to purchase all require significant investment in terms of time, resources, and money. Without a receptive market, these efforts may not yield the desired results.

(iii) Revenue Generation: Ultimately, the goal of selling a product is to generate revenue. Without demand, achieving significant sales volumes becomes challenging, impacting your ability to cover production costs, achieve economies of scale, and generate profits.

The product quality and innovation are important, they must align with existing demand and market conditions to be successful. Without the right demand and market fit, selling a product becomes an uphill battle, even if it has potential.

8. Elucidate the barriers to Supply chain management.

Ans: The barriers to Supply chain management are:

(i) Lack of information technology: Without correct information technology, they cannot compete with other companies which are very efficient in framing their strategies and implementing new software to their companies to improve their efficiency and in other departments.

(ii) Unclear organisational objective: Even with all manpower, hard work and resources, if they don’t have a common organisational goal among employees, it will not be possible to focus and work towards achieving that goal, which ends up in serious problems for the company.

(iii) Lack of education and training: Another main reason for the failure of SCM flow in a company, employees are not aware of the activities that are happening in the company and if they do not know what should be done, it results in total failure to the company.

(iv) Lack of financial resources: If all the planning and strategies are made, if one lacks financial resources, one cannot proceed further because implementing software and updation costs high and if not done, efficiency and other activities can cause loss to the company. 

(v) Lack of information sharing: Another important factor to be noted is information sharing, which flows from all the participants of SCM and helps in knowing the demands, customer needs, stock and inventory, which is the base for successful SCM.

(vi) Lack of Customer Satisfaction index: Customer satisfaction index is the main key to successful SCM and a poor index here shows the unstable position of the company, not maintaining the Key Performance Indicator -KPI, where taking necessary steps on the above points helps to improve customer satisfaction index and overall performance of the company.