Order Strategy and Supply Chain Management
1. What is the connection between supply chain management and strategic management?
2. What is a strategic plan? Describe each of its components and purpose.
3. Why might a strategic plan be useful to a logistics or supply chain manager in an organization?
4. What is the difference between a mission statement and a vision statement?
5. Describe the stages to develop a strategic plan.
6. Think of a company you know well and describe where it would fall in Porter’s generic
strategies framework. Explain your answer.
7. Describe Porter’s five forces analysis and a situation in which it would be useful.
8. Complete a five forces analysis for a company you know well.
9. Describe the concept of life cycle analysis. Why would it be useful for a logistics or supply
chain manager to know where their company is in its life cycle?
10. What is the purpose of a SWOT analysis? Conduct a SWOT analysis based on your current job or career goals, outlining the strengths, weaknesses, opportunities, and threats
related to you and your career.
Order Strategy and Supply Chain Management
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