Your assignment due at the end of week 6 focuses on supply chain mapping. This exercise enables the organization to understand the strengths and weaknesses of its supply chain. Our text discusses a he

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Your assignment due at the end of week 6 focuses on supply chain mapping. This exercise enables the organization to understand the strengths and weaknesses of its supply chain. Our text discusses a heat map, which is available to you (see the appendix in the textbook). Flexibility in the supply chain provides a critical foundation to manage resiliency in the event of disruption. Choose a minimum of four of the twelve examples of flexibility and summarize their content, role and expected outcomes for an organization. Feel free to research companies and provide examples of how companies apply some of the examples that you’ve offered. The paper should be a minimum of 500 words, but not more than 1000 words.

Your assignment due at the end of week 6 focuses on supply chain mapping. This exercise enables the organization to understand the strengths and weaknesses of its supply chain. Our text discusses a he
301 Appendix: The Supply Chain Risk Assessment Tool As .we .mentioned .in.Chapter 12, .as.the .concept .of.supply .chain .risk .man – agement .began .to.solidify .into .a.body .of.knowledge .and .then .courseware, . within .the .framework .of.an .enterprise- . wide .risk .management .approach . (ERM), .several .major .tenets .developed .into .a.set .of.questions- .of- .discovery . regarding .the .maturity .of.the .supply .chain. .As .these .supply .chain .tenets . began .to.solidify, .a.mechanism .to.review, .evaluate, .and .position .a.compa – ny’s .maturity .in.supply .chain .excellence .and .design .took .shape .in.terms .of. a.“spider .diagram” .or.heat .map .profiling .a.company’s .supply .chain .matu – rity, .which .then .relates .implicitly .to.the .risk .associated .with .that .maturity. . The .heat .map .is.a.set .of.about .100 .questions- .of- .discovery .across .10 .tenets . of.an .end- .to- .end .supply .chain .environment . A.graphical .illustration .of. the .heat .map .appeared .in.Chapter  2. .The .answers .to.these .questions- .of- . discovery .provide .a.first- .of- .a-kind .glimpse .into .a.company’s .supply .chain . risk. .The .spider .diagram, .featured .in.Figure .A.1, .profiles .color- .coded .lev – els .of.risk .that .correspond .to.high, .medium, .and .low .risk. hOW yO u Might utilize the tOO l The .heat .map .provides, .perhaps .for .the .first .time, .a.glimpse .into .a.com – pany’s .risk .within .their .entire .supply .chain. .As .shown .in.Figure .A.1, .the . tenets .are .leader .ship, .balance .scorecards, .sales .and .operations .planning . (S&OP) .processes, .IT .systems, .supply .chain .techniques, .demand .man – agement, .industry .practices, .manufacturing, .supply .base, .and .logistics. . The .tool .is.an .awareness .technique .to.begin .the .dialogue .covering .supply . chain .risk. .This .figure .has .an .outer .ring .(a.red .ring .when .using .color- . coded .systems), .which .means .any .answer .outside .the .red .ring .equates .to. a.very .high .risk. .Any .answer .between .the .red .ring .and .the .yellow .ring . (again, .in.color- .coded .systems) .equates .to.a.moderate .risk. .And .any .result . inside .the .yellow .ring .implies .a.lower .risk. .We .placed .an .actual .set .of. Schlegel, G. L., & Trent, R. J. (2014). Supply chain risk management : An emerging discipline. Taylor & Francis Group. Created from apus on 2022-11-12 07:56:52. Copyright © 2014. Taylor & Francis Group. All rights reserved. 302  •  Appendix: The Supply Chain Risk Assessment Tool Risk Gradient Low Risk 1-to-4 Medium Risk 5-to-7 High Risk 8-to-10 0 1 2 3456 7 8 910Leadership Balanced Scorecard S&OP Processes Information Systems Integrated Supply Chain Customer Demand Industry Manufacturing Supply Logistics SCRM Risk “Heat Map” Assessment Arm k rad CM r“Hk rad ­ ia Mtk Ma iaM  rkk† akGrad MHr GMa iaM figu Re a.1 SCRM .heat .map .assessment. Schlegel, G. L., & Trent, R. J. (2014). Supply chain risk management : An emerging discipline. Taylor & Francis Group. Created from apus on 2022-11-12 07:56:52. Copyright © 2014. Taylor & Francis Group. All rights reserved. Appendix: The Supply Chain Risk Assessment Tool   •  303 scores .from .an .oil .and .gas .company .headquartered .in.Asia. .The .reason . the .tool .resonates .is.that .many .companies .still .have .a.tremendous .amount . of.suboptimization .within .organizational .silos .and .a.lack .of.supply . chain .visibility. The .heat .map .tool .is.also .utilized .during .supply .chain .risk .assessment . engagements .with .companies. .The .tool .is.used .at.the .beginning .of.an . engagement .to.establish .an .agreed- .upon .enterprise .picture .of.the .com – pany’s .supply .chain .and .risks .through .questions- .of- .discovery .answered . by .leaders .from .various .disciplines. .Next, .a.detailed .risk .assessment .for . each .node .within .the .supply .chain .is.exercised .with .the .culmination .of.a. final .review .of.the .supply .chain .risks .using .the .heat .map .tool. Walking th RO ugh the Que Sti O nS- O f- diSCOV eRy As .mentioned, .there .are .about .100 .questions .inside .the .tool. .The .ques – tions .are .indicative .of.supply .chain .best- .in- .class .practices .from .more .than . 25 years .of.operational .executive .experience .and .15 years .of.executive .sup – ply .chain .consulting .around .the .globe. .Our .basic .premise, .reinforced .by . many .research .organizations .and .top- .tier .consulting .companies, .is.that .as. the .supply .chain .becomes .more .mature, .risk .to.the .organization .is.dimin – ished. .Remember, .risk .is.not .eliminated, .but .rather .reduced. As .you .answer .the .questions, .the .tool .will .calculate .a.rating .within .the . spider .diagram .at.the .bottom .right .end .tab .of.the .spreadsheet. .When .com – pleted, .the .user .will .have .a.full- .picture .image .of.inherent .risks .throughout . an .entire .supply .chain. .The .risk .spider .diagram .can .be .used .to.begin .or. continue .the .supply .chain .risk .dialogue. hOW t O aCC eSS the tOO l As .a.book .owner .and .professional .interested .in.SCRM, .you .will .have .access . to.the .supply .chain .risk .assessment .tool, .at.no .cost, .for .45 days .after .your . initial .download. .To .access .the .tool .follow .the .instructions .in.Figure .A.2. Schlegel, G. L., & Trent, R. J. (2014). Supply chain risk management : An emerging discipline. Taylor & Francis Group. Created from apus on 2022-11-12 07:56:52. Copyright © 2014. Taylor & Francis Group. All rights reserved. 304  •  Appendix: The Supply Chain Risk Assessment Tool 1. Participants a. Download using this URL http://www.mysnapps.com/survey/SCMRiskAssessmentWS.xls x b. Password to open fle: go_journey c. Enter your company name (or any other identifer) in the box labeled “enter Company Name.” It will appear on each Rating tab and in the legend of the Heat Map. d. Enter your Valuation Ratings in the “Participant Rating” column of each Rating tab. Your results will appear automatically on the Heat Map. e. You can print your Heat Map and/or your ratings using the Print menu. f. To create a pdf with all of your ratings and your Heat Map, use the “Save as Adobe pdf” option. You must convert the entire workbook (ignore the warnings about bookmarks, links and protected sheets by clicking “Yes” or “OK” in each case). g. Questions should be directed to Greg Schlegel at [email protected] figu Re a.2 Accessing .the .heat .map .tool. Schlegel, G. L., & Trent, R. J. (2014). Supply chain risk management : An emerging discipline. Taylor & Francis Group. Created from apus on 2022-11-12 07:56:52. Copyright © 2014. Taylor & Francis Group. All rights reserved.

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