1. Talk about the Materials Logistics Management program (MLM). Does the MLM stand validated in present business circumstances too? Comment!
2. Identify the elements that determine a stronger and longer buyer-seller relationship. Does multiple sourcing lead to a bad relations with suppliers? Why or Why not?
3. Describe six stages of life cycle of spare parts. Also converse on the importance of each stage.
4. Explicate the Balanced Score Card approach & SCOR framework for performance appraisal.
5. Write shot notes on
a) Manufacturing Execution System (MES)
b) CONWIP models
c) Competitive Bidding and Negotiation