NU MGT451 WEEK 3 DISCUSSION

Week Three Discussion 1 BALANCING SUFFICIENT VICE INSUFFICIENT QUANITIES Why is the understanding of “customer demands” and supplier availability imperative to maintaining meeting the customer’s needs when they go to purchase your product or service? Also is it “fair” to the consumer to offer “rain checks” due to lack of product/services and to place ads that draw consumers in that include “small print” indicating only a “few” items at a very reduced price are actually available? Week Three Discussion 2 DIFFERENCIATING MANAGEMENT What is the difference between supply chain management and demand management? Week Three Discussion 3 CROSS-FUNCTIONAL TEAMS Why are cross-functional teams so widely used for supply chain improvement? Week Three Discussion 4 THEORY OF CONSTRAINTS What is the goal as stated by the theory of consraints (TOC) and how is that goal achieved?