1. Why is supply chain mapping an important risk management tool?
2. How could companies reduce risk by becoming a preferred provider?
3. Would having a centralized risk war room be either feasible or beneficial for organizations?
4. How do you separate between LSS Critical to Quality (CTQ) and Critical to Customer (CTC) factors?
5. How do you determine Cost of Quality (CoQ) and Cost of Poor Quality (CoPQ)?
6. If Cost of Poor Quality (CoPQ) decreases, why does Cost of Quality (CoQ) also decrease? Is this a good thing?
7. When including raw material providers in your network design model, why is it important to include certain aspects of the Bill of Materials (BOM)?
1. Describe ways to prioritize Lean Six Sigma projects.
2. What makes analyzing multiple objectives in transportation network design so difficult?
3. What are some key performance indicators (KPI) that can help indicate possible risk?
4. Differentiate between validity and reliability and tell why they are important when collecting data.
5. What are some cost measures that can help identify possible risk events?