1.Will a supply chain always look like a chain?

No,
A supply chain won't always look like a chain, in fact; many supply chains change over time as they go
directly from company to customer and if just one agent is involved at a time, a supply chain will
resemble a chain, but most of the time there are several suppliers at every point, so the supply chain
doesn't really appear like a chain at all, rather it looks more like a network.

2. Should the members of a supply chain maximize individual profits in order to raise the overall
supply chain surplus?
No,
Because, in order to boost the surplus, they need to reduce supply chain expenses and team-work is
vital among them since it will increase efficiency and whole supply chain surplus therefore member
should balance their individual interest with the collectively goal of optimizing the overall system of
supply chain.

3.Many supply chains evolve over time?

Yes
Many supply chains evolve over time, because they are dynamic in nature and due to the emerging of
new technological advancements, market conditions, consumer preferences, economic shifts, and
global events, many supply chain evolve in-order to response to these various factors and to maintain
their effectiveness-efficiency and competitive advantage.

4.The supply chain strategy category would include a decision

about

A) which items in the warehouse will be shipped to Nanjing. (D)

B) which warehouse will supply the Guangzhou location.

C) when the order should be shipped to the little old lady from Hainan.

D) how large the warehouse in Zhenjiang should be.

5. Pick any car model manufactured by an auto maker. For example,

BYD Haval, describe this supply chain with figure and explain
the supply chain.
The supply chain of manufactured auto maker, for BYD Haval Company Suppliers starts with the demand from customers
whom derive the company to take the order and send it to the manufacture whom purchases a range of parts from a
network of vendors (Supplier’s), this can apply to components like as tires, electronics, engines, chemicals, rubber and more.
These vendors may be national or worldwide in scope. Then Manufacturing maintains facilities where these parts are put
together to construct the automobiles (The BYD Haval automobiles). These factories are frequently positioned carefully to
reduce transportation expenses and maximize productivity where the automobiles are then delivered to local distribution
hubs and these facilities serve as distribution and storage hubs for automobiles going to the dealerships. The dealerships
following that, ship to BYD haval automobiles all around the world to the Customer’s.

A. What are the components of the supply chain for the automobile?
 Raw materials and components Suppliers
 Manufacture and assembly
 Distribution and Logistics
 Dealership
 Customer feedback and data

b. What are the different firms involved in the supply chain?

 Suppliers
 Manufacture and producers
 Distribution and warehouse
 Retailers
 Transportation and logistics companies

c. What are the objectives of these firms?

  Suppliers aim to maintain quality and adherence to established standards and guarantee a steady-timely supply of
raw materials or components to increase efficiency, decrease waste and maximize productivity.
 Producers and Manufacturers, produce goods of superior quality in an efficient manner, control costs and minimize
waste and faults in the manufacturing process as well as, managing the expenses and shorten lead times for
production.
 Distributors and Wholesalers, ensure prompt delivery to retailers and stock levels, effectively manage inventory and
product distribution and provide value-added services, such as labeling or packing.
 Where Retailer’s maximize sales and revenue and make sure there are enough products to satisfy consumer demand.
Also, maximize pricing and inventory control techniques.
 Logistics and Transportation Companies; Make sure products are delivered on time and safely.

d. What are the risks that rare or unexpected events pose to this supply chain?
 Pandemics and Health Crises:
 Outbreaks of diseases (e.g., COVID-19)
 Political Instability
 Economic Downturns e.g., Economic recessions
 Natural disasters e.g., Earthquakes