Why does external suppliers of just-in-time materials and the in-house supply are factors that impact in the automotive industry?4 answersExternal suppliers of just-in-time materials and in-house supply significantly impact the automotive industry due to their influence on lead time, throughput time, and overall supply chain flexibility.External suppliers may lead to increased lead time and throughput time due to prolonged material storage, heightened handling, administration, and transportation activities.Conversely, in-house supply, following the Just-In-Time (JIT) principle, can reduce overall lead time and throughput time by minimizing material storage and streamlining activities.Additionally, the use of in-house supply aligns with the principles of flexibility in the automotive supply chain, emphasizing the importance of efficient material flow control and logistics processes.Ultimately, a balance between external suppliers and in-house supply is crucial for optimizing supply chain performance in the automotive industry.
What are the problems of internal supply?5 answersThe problems of internal supply encompass various challenges faced within organizations. These include issues such as inefficient power circuit designs leading to wasteful power consumption, the lack of capacity for response and control in the face of increased production demands, failures in operations and services due to malfunctioning internal supply chains, and the risk of jeopardizing external customer satisfaction due to neglecting internal supplier-customer relationships. Furthermore, the complexity of demand-supply integration exacerbated by pressure from large retailers and online ordering options adds another layer of difficulty in managing internal supply effectively. Addressing these internal supply problems requires a holistic approach involving collaboration, process optimization, and strategic logistics management within organizations.
What are the main problems in automotive?4 answersThe main problems in the automotive industry include air pollution, traffic congestion, dependence on foreign oil, highways that dwarf their surrounding areas, traffic accidents, power consumption problems, wiring problems, code complexity problems, obsolescence problems, and the need for more advanced features in modern cars. Additionally, there are issues with the quality of industrial practice for students, such as lack of preparation, reduced discipline, and difficulties in making reports. Another problem is air leakage in tires, which can be addressed through the use of electromagnetic fields to lift nails from the road, increasing tire life and reducing the risk of delay in travel during emergency situations.
Why internal control fail?5 answersInternal control failures can occur due to several reasons. One common cause is the lack of alignment between individual controls and control approaches with the organization's objectives, often focusing only on cost or error avoidance instead of quality and revenue growth. Another factor is the failure to test assumptions in individual controls and control approaches, leading to ineffective controls. Additionally, ineffective internal control structures can precede corporate failures and accounting frauds, highlighting the importance of having a robust system of controls in place. Furthermore, the lack of understanding of a firm's business or insufficient accounting experience among internal control personnel can lead to a deterioration in internal control quality. Finally, the lack of clarity regarding the role and expectations of the internal control department can hinder the successful implementation of internal controls.
What are the problem in supply chain?5 answersSupply chain management faces several challenges. One problem is the need to design supply chain systems that can effectively serve products and customers with diverse characteristics, such as different lead times and time sensitivities. Another problem is the complexity of managing a supply chain, which increases exponentially with the number of network nodes and operational changes. Additionally, there is a challenge in minimizing transportation costs and optimizing the flow of material between facilities in a multi-modal supply chain distribution problem. Supplier selection and allocation also pose challenges, including minimizing costs, rejections, and late deliveries while considering constraints such as buyer's demand, vendor capacity, and budget allocation. These problems highlight the need for efficient supply chain management strategies and decision-making processes.
What are the problem in supply chain management ?5 answersSupply chain management faces several challenges. One of the main problems is the lack of control over product orders, low warehouse management efficiency, and the inability to dynamically master product information during operation, leading to high labor and material costs. Another challenge is the complexity of managing a supply chain, which increases with the number of network nodes and operational changes. The management system must be adaptive to cope with disturbances and changes in demand. Cross-organizational collaboration in a supply chain environment differs from intracompany collaboration, requiring different governance and coordination systems. Asymmetrical or missing information affects management accounting's role as an information hub, and performance measurement becomes more difficult. Coordinating subtasks and decision-makers at different levels is crucial for achieving an overall optimal solution in supply chain management.