1. Read chapters 1& 2 in “The Definitive Guide to Integrated Supply Chain”
2. From the website, http://www.investopedia.com/terms/s/supplychain.asp review the section on Supply Chain and Supply Chain Management.
3. Prepare detailed answers to the following (to be submitted for grading):
4. In detail, describe the role of the various stakeholders in the supply chain network.
5. How do facilitators, such as financial institutions and government agencies, influence supply chain activities?
6. Explain how place, time, and quantity utilities are important to the successful supply chain.
7. Explain the process of backward flow.
8. Explain the role of forecasting, identifying different methods, and the strengths and weaknesses of each.
9. Discuss the importance of supplier evaluation and development
10. Define the following terms and describe an effective example of each:
    • Logistics management
    • Value chain
    • Distribution

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