According to Heizer and Render. (2017), managers have six sourcing strategies available at their disposal. Discuss these six strategies in detail giving examples under what circumstances each would be most suitable.
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According to Heizer and Render. (2017), managers have six sourcing strategies available at their disposal. Discuss these six strategies in detail giving examples under what circumstances each would be most suitable.
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- List and explain six factors that affect the decision to out- source. Explain the sourcing continuum.Please help me with this question please note it's one question and not mu a .According to above extract, how will local retail businesses compete with Wal-mart? b . Examine markets and local environment factors as a criteria for selecting a warehouse location and argue the problems local retailers could face as a result of Wal-Mart’s move into South Africa. C. Examine supply chains and regional competitiveness and assess the competitiveness of Walmart in South Africa.you are in charge of analyzing five new suppliers of an important raw material and have been given the information shown in the table(1=worst, 10=best) management has decided that criteria 2 and 3 are equally important and that criteria 1 and 4 are each four times as important as a criterion 2. no more than two new suppliers are required, but each new vendor must exceed a total score of 70 percent of the maximum total points to be considered performance criterion vendor a vendor b vendor c vendor d vendor e quality of raw material 8 7 3 6 9 environmental impact 3 8 4 7 7 responsiveness to order changes 9 5 7 6 5 cost of raw material 7 6 9 2 7 a. which new vendors do you recommend? b. would your decision change if the criteria were considered equally important?
- Anuar is the Managing Director of Warung Pakatan Sarapan, a stall that offers a variety of Malaysian breakfast that operates only from 7am to 1 1 am, every day. He is interested to find out different strategies that are available for his business. Explain with relevant examples of each type of strategy that Anuar can consider according to Porter's generic strategiesExplain the right answer as well as the wrong answer also. 1. Which one was NOT one of the characteristics of the "early days" of logistics? Select one: a. An emphasis on making sure that the goods arrived in good condition b. An emphasis on low-cost transportation c. Long transit times d. An emphasis on customer satisfaction 2. Use the following information and a decision tree to complete this question. You DO NOT have to include a drawing of the decision tree with your answer, but you DO have to include your calculations and text explaining what you are doing for each of your options/decisions. Long after its original release, The Disney Corporation is thinking about taking its hit Broadway musical, The Lion King on tour again, this time in London, England. It has made the following calculations. The tour would cost $12 million. There is a 30% chance that the tour will generate $20 million in revenue. There is a 70% chance that the tour will earn $10 million in revenue. 1) What is…- Consider the distribution network of Shopee and evaluate the network based on these following criteria: Response time Product variety Product availability Customer experience Time to market Order visibility Returnability - What are the strengths & weaknesses of Shopee's distribution network? How can Shopee counter these weaknesses? - Take Amazon.com as example, what can Shopee learn from Amazon.com regarding the distribution network management? (Preferably take example/data from Shopee Malaysia/Vietnam/Singapore)
- Mistral plc is a wholesaler of fast-moving consumer goods throughout the UK. The board of directors has decided Mistral pic should use the principles of Supply Chain Management to spise ta activities, and a consultant has made the following specific recommendations to the board as a result(1)Focus on a reduced number of suppliers and high value customers(2)Engage in joint problem-solving with suppliers and customers(3)Restrict information for suppliers about how much inventory is needed Which of these recommendations apply applies the principles of Supply Chain Management? A. (3) onlyB. (1) and (2)C. (1) onlyD. (2) and (3)Describe outsourcing methods, taking into account the complexities of the supply chain design. Furthermore, what is the appropriateness of outsourcing with regard to decision making and vertical integration, as these principles influence the management of the whole supply chain?Discuss the importance of each of the following: a. Matching supply and demand b. Managing a supply chain?
- The board realises that there remains firm misunderstanding in the landscape between the Logistics and Supply chain as concepts. As a result, you are asked to provide an overview on the difference between the two concepts (i.e. Logistics and Supply Chain) to ease the Board’s understanding. b. Explain what performance management is from management perspective and how can RCL benefit from implementing performance management in the organisation. c. Performance measures enables forecasting, improvement, incentives, accountability, and communications benefits. Provide four (4) ways in which performance measures can be used within RCL Foods? d. The RCL Foods have a measurement system and you are required to comment on the effectiveness of these performance measurement systemsDiscuss the advantages of the two sourcing decisions and other factors that may affect the sourcing decision.How to use Porter Five Forces to analyse the industry where company is located and how to use PESTEL analysis to analyse the country where company is located. (Please use diagrams and text to describe)