thoroughly answer 4 questions

Thoroughly answer each question. Be sure to include concepts have covered during the class. Creativity and examples help.

1. How would you explain the concept of supply chain management to your children? They are 8 and 10 years old. Provide an example that they would understand.

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2. You are the supply chain manager at the Los Arms Hotel. During an accreditation review by the AAA, you are asked how you select suppliers and measure supplier performance. As you begin to take out your performance charts, the lead examiner tells you to put them away and speak from the heart. What to you say?

3. Your company is applying for a state sponsored quality award, and the application needs a 300-word ethics statement from the supply chain management department. You are asked to submit one. What does it say?

4. Your CFO reads an article in an airline magazine about the changes happening in global logistics. Upon her return to the office, she asks you for a brief report on the state of global logistics. What do you write?

The textbook is Principles of supply chain management: a balanced approach, by Joel D Wisner; Keah-Choon Tan; G Keong Leong, 2018, 5th edition. ISBN 13: 9781337610636* .

The concepts covered are chapter 1 to 14, which are Introduction to Supply Chain Management, Purchasing Management, Creating and Managing Supplier Relationship, Ethical and Sustainable Sourcing, Demand Forecasting, Resource Planning Systems, Inventory Management, Domestic U.S. and Global Logistics, Customer Relationship Management, Global Location Decisions, Service Response Logistics, Supply Chain Process Integration , Performance Measurement Along the Supply Chain.