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Supply Chain Analytics Specialization Course 1 Answers
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Coursera Supply Chain Analytics Specialization
Week 2 Peer-Graded Assignment Answers
100% Correct Answers
Project Title
Industry
Impact of Supply Chain Management on Fashion
PROMPT
Please provide a story or an example of supply chain management
Ans.
Supply Chain in fashion sector has a time crunch competition. Every
customer has different product needs, but the competition is too
intense because of big market players. Many new businesses try to
offer new innovative, customized products to customers but could
compete because of lack of supply chain. Here I am elaborating the
supply chain stories of H&M, Zara, Benetton and Adidas.
PROMPT
How is this story / example related to supply chain?
Ans.
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Course 1: Supply Chain Analytics Essentials
Every brand in fashion industry has different approach to make
business grow. Each brand mentioned above has different Supply chain
tactics. H&M targets to be the optimum price leader in industry. To do
so, H&M tries to remove the middleman in different levels of supply
chain. Product design is also the prime part of its strategies. They don't
focus on high end design products, instead they target street fashion
which has high demand, and which also has least lead time. Benetton,
on the other hand, chooses to have a complete control of its
manufacturing but give access to their certified operators to operate
the franchise so that they can focus on production and quality control. Zara is popular for its time-based strategy. To launch a new product
within 2 weeks, Zara uses a small production lot, tests it in pilot stores
and if the sales are good, then they do large production lots. Zara also
works with Air France, KLM Cargo and Emirates Air so that they can
coordinate directly with the airlines to make the outbound shipments
and bring back some raw materials as well. Lastly Adidas, to cope up
with changing customers' demand, they decided to adopt Mass
Customization strategy. To make up with long waiting time, Adidas uses
air freight or courier service. The reason why they can do this is that
customized products are sold directly to customers, so they have the
higher profit margin to compensate the higher transportation cost.
PROMPT
Please explain why this story / example have a significant social /
economic impact?
Ans.
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Course 1: Supply Chain Analytics Essentials
These case studies elaborate that SCM is truly the strategy
management, not merely a cost cutting technique. Big market players
have a very strong customer focus as almost all initiatives are
implemented to fulfill the customer needs. Because of these supply
chain techniques, these brands are able to survive the market.
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Course 1: Supply Chain Analytics Essentials
Coursera Supply Chain Analytics Specialization
Week 4 Peer-Graded Assignment Answers
100% Correct Answers
Project Title
Job Opportunity Analysis
PROMPT
Job opportunity analysis by region: where to locate?
Ans.
https://gcps.scdata.ai/project/19950
TITLE
Washington
CAPTION
My dream jobs would be best if they match my educational background
or experience and expertise. My formal educational background is
closely related to the energy industry. I also have more than 10 years’
experience in I.T. field and 4 years in data science. As for top companies
for my dream jobs would be private companies listed on the S&P500
with good business performance and promising business growth
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Course 1: Supply Chain Analytics Essentials
opportunities. To make sure it matches my background or experiences,
I will limit the search only on 4 sectors which are energy, IT,
telecommunication, and utilities. After comparing profit and growth
distribution by region, plus data revenue or operating income in 2020,
Washington is at the top of all three criteria.
PROMPT
Job opportunity analysis by industry: where industry to enter?
Ans.
https://gcps.scdata.ai/project/19950
TITLE
Information Technology
CAPTION
With the following search criteria: - a private company listed on the
S&P500 - from energy, IT, telecommunication and utilities sector operates (has a branch) in Washington, the search returned no results
for companies in the energy and utilities sector. So comparison will only
be made between the IT and Telecommunication sector.
Telecommunication sector generates higher total revenue
(US$68,397.00Mil vs US$57,094.42Mil) however the IT sector generates
a much larger share (36.05% vs 4.48%) and total net income
(US$20,580.94Mil vs US$3,064.00Mil).
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Course 1: Supply Chain Analytics Essentials
PROMPT
In your favorite industry, perform a job opportunity analysis by
company: which company to work for?
Ans.
https://gcps.scdata.ai/project/19950
TITLE
Monolithic Power Systems, Inc.
CAPTION
With the following search criteria: - a private company listed on the
S&P500 - working in the IT field - operates (has a branch) in Washington
then my list of top 3 companies is Microsoft Corporation, Monolithic
Power Systems, Inc and F5 Networks, Inc. But if I could only choose one
company then I would choose Monolithic Power Systems, Inc. because
it has a Net Profit Growth Ratio and a better Payable Days / Receivable
Days Ratio than Microsoft Corporation. Meanwhile, F5 Networks, Inc.
have a negative Net Profit Growth Rate in 2020.
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Course 1: Supply Chain Analytics Essentials
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Course 1: Supply Chain Analytics Essentials