An internal environment consists of the following: Management’s philosophy, suppliers’ philosophy and organizational structure The board of directors, suppliers’ philosophy and organizational structure The board of directors, Management’s philosophy and organizational structure Management’s philosophy, human resource standards and customer loyalty
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An internal environment consists of the following:
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- Please help me in my homework. Discuss the individual contributions that could be made by a cross functional team to the following list of activities. Assume the team consists of engineering, manufacturing, and supply management personnel. a. Specifications Development b. Market Analysis c. Productivity/cost improvements d. Make or buy analysis e. Determination of inventory levels To kick this off let me say that being able to effectively participate and lead cross functional teams is critical to effectively implementing supply chain management. Cross functional equates to diversity meaning that you have individuals with different skill sets and motivations (based on their respective organizations). Harnessing this expertise and working through the natural barriers that exist is truly a challenge that requires effort to achieve the desired end state... that is to resolve issues and problems and/or to deliver viable alternative solutions.PRODUCTION COSTS 1- EXPLAIN THE BASIS OF INTERNAL CONTROL. 2- EXPLAIN THE ELEMENTS OF INTERNAL CONTROL IN RELATION TO THE ORGANIZATIONAL PLAN.In anticipation of an upcoming engagement, an internal audit team recently toured the company’s receiving, warehousing, and production facilities to obtain a better understanding of day-to-day operations. Listed below are selected items noted by the internal audit team during the tour: ■A large quantity of materials was sitting in a corner near the unloading docks. The receiving manager informed the audit team that the delivery trucks had already left. The materials had not yet been counted or inspected. ■One section of the warehouse contained large quantities of items with inventory tags from several physical inventory counts. The warehouse manager told the audit team that this was the company’s inventory of spare parts that it was required by law to keep on hand for specified time periods. ■Hazardous chemicals are used in the inventory finishing process. Waste chemicals are stored in large plastic barrels in a designated area of the factory before being shipped for disposal. For each…
- 6. Which of the following refers to the system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer?A. Supply chain B. Value chain C. Business model D. PrototypeAfter reading Ivey Publishing's article "University of Chicago medicine: Transformation and sustainment of the supply chain and adapting to covid-19, we learn that Successful organizational change requires buy-in and acceptance from all people affected. How was SCOD able to gain the buy-in necessary for clinical staff (e.g., doctors, nurses, medical technicians) to accept and comply with new standard work rules accompanying the supply chain transformation? How could SCOD encourage continuous improvement and flexibility to change among clinical staff while addressing day-to-day problems?Give two workable solutions a company can incorporate, so to manage or prevent ad-hoc orders. Which level of management would provide these solutions and why?
- Within the value chain "support functions are" the: a. support activities provided to other internal business functions b. coordination and assembly of resources to produce a product or deliver a service c. mechanisms by which companies deliver products or services d. support activities provided to the customerOne of the other departments or functions within an organisation is referred to as servitization. Which of the following statements describes servitization. Select one: a. A transformation process wherein production organisations embrace a service orientation and/or develop more and better services b. Selling the goods or services of the organisation c. Purchasing raw materials, machinery and equipment for the organisation d. Providing management with the relevant information that will enable it to manage effectively and efficientlyA company's value chain A) consists of the primary activities that it performs in seeking to deliver value to shareholders in the form of higher dividends and a higher stock price. B) concerns the basic process the company goes through in performing R&D and developing new products. C) consists of two broad categories of activities: the primary activities that create customer value and the requisite support activities that facilitate and enhance the performance of the primary activities. D) depicts the internally performed activities associated with creating and enhancing the company's competitive assets. E) consists of the series of steps a company goes through to develop a new product, get it produced and into the marketplace, and then start collecting revenues and earning a profit.
- Strategic supply chain management focuses on the long term and the big picture. Tactical management focuses, instead, on processes and procedures that can save time and money while also meeting customer demands and providing value. Tactical decisions can also help minimize risks. Tactical supply chain decisions are made within the constraints of the overarching strategic supply chain decisions made by company management. Tactical planners take the strategic message and focus on creating real benefits for the company. These can include tactical decisions in manufacturing, logistics, suppliers, and product development.Tactical-Level Negotiations with Suppliers:Many companies recognize the cost benefits of using global suppliers. The company as a whole, therefore, may adopt strategic supply chain policies to take advantage of international suppliers who can provide quality products at a competitive price. At a tactical level, local and regional management must work within strategic…Strategic supply chain management focuses on the long term and the big picture. Tactical management focuses, instead, on processes and procedures that can save time and money while also meeting customer demands and providing value. Tactical decisions can also help minimize risks. Tactical supply chain decisions are made within the constraints of the overarching strategic supply chain decisions made by company management. Tactical planners take the strategic message and focus on creating real benefits for the company. These can include tactical decisions in manufacturing, logistics, suppliers, and product development.Tactical-Level Negotiations with Suppliers:Many companies recognize the cost benefits of using global suppliers. The company as a whole, therefore, may adopt strategic supply chain policies to take advantage of international suppliers who can provide quality products at a competitive price. At a tactical level, local and regional management must work within strategic…Strategic supply chain management focuses on the long term and the big picture. Tactical management focuses, instead, on processes and procedures that can save time and money while also meeting customer demands and providing value. Tactical decisions can also help minimize risks. Tactical supply chain decisions are made within the constraints of the overarching strategic supply chain decisions made by company management. Tactical planners take the strategic message and focus on creating real benefits for the company. These can include tactical decisions in manufacturing, logistics, suppliers, and product development.Tactical-Level Negotiations with Suppliers:Many companies recognize the cost benefits of using global suppliers. The company as a whole, therefore, may adopt strategic supply chain policies to take advantage of international suppliers who can provide quality products at a competitive price. At a tactical level, local and regional management must work within strategic…