Describe the A-B-C approach and explain how it is useful.
Q: Use a company that produces or delivers a service familiar to you. Using the SCOR five step model,…
A: The Supply Chain Operations Reference (SCOR) model is a tool used to measure and manage supply chain…
Q: Currently, the trend has been moving toward outsourcing combined with the creation of supply chain…
A: The trend has been moving toward outsourcing combined with the creation of a supply chain.…
Q: Evaluate the role played by channel management in the implementation of product differentiation and…
A: Distribution channels refer to the logistics system comprising the components in a channel assigned…
Q: Chance operations were also deployed, where artists would "outsource ________.”
A: In an organization, there is an information system for every department. In an organization, the…
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A: The iWalk 2.0 introduce a device which facilitate peoples to move their arms and hands through…
Q: Describe outsourcing methods, taking into account the complexities of the supply chain design.…
A: Companies often outsource their supply chain to facilitate efficient service and business growth.…
Q: research on a single firm. That firm must have some global footprints. Meaning, either they are…
A: There is presently wide worldwide agreement that the means taken to control the spread of COVID-19…
Q: What is supply chain management and why is it important to a company?
A: Supply chain management is a crucial factor for the success of a business. The management of the…
Q: What principles, processes, or techniques could be useful in effectively integrating suppliers?
A: The incorporation of suppliers is a philosophical approach to maximize efficiency and…
Q: 1. Supply chain management 2. Process and capacity design 3. Inventory management
A: In the Supply Chain Management Business Processes refers to the activities that a business takes up…
Q: What trade-offs are involved in ( a ) sharing information with other organizations in a supply…
A: The trade-offs involved in information sharing with other organisation in the supply chain are as…
Q: List the various steps involved in the implementation phase?
A: The implementation stage refers to the phases that represent the work done meeting the need of the…
Q: A.Is Home depot Flat or Tall Company? B. Is Home Depot Matrix or Networked Company?
A: The Home Depot, Inc. is a home improvement retailer. The Company offers its clients an assortment of…
Q: Explain how companies use order placement and order fulfillment supply chain ?
A: We must first define order replace and order fulfilment.
Q: 1. Supply Chain focuses only on the physical movement of material and supplies Select one: a. False…
A: Supply chain management defines as the management of the flow of goods and services it includes all…
Q: What are the benifit of e-procurement?
A: What is E-Procurement? E-procurement can be defeined as the way toward purchasing and selling…
Q: Explain each activity in a flow chart for the telephone-ordering process.
A:
Q: How is the source at Ashley furniture? Source: It includes the selection of suppliers that will…
A: Ashley, a renowned name in the furniture and retail industry is one of the largest furniture company…
Q: Use a company that produces or delivers a service familiar to you. Using the SCOR five step model,…
A: This structure centers around five spaces of the inventory chain: plan, source, make, convey, and…
Q: What is supply chain management? Explain with a real-life industry example?
A: In the context of the organization, supply chain management has a huge influence or impact on the…
Q: Explain why are cross functional teams so widely used for supply chain management?
A: Cross-functional teams are formed when specialists and professionals from multiple departments…
Q: What was the distibution channel selected by the manufacturers of iWalk 2.0? Illustrate a diagram…
A: A distribution strategy is a policy adopted by the company in order to distribute the product in the…
Q: Chips Oman is being produced using a business model, that mainly applies strategy, which is based on…
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Q: Regarding financial responsibility, what business risks does Clif Bar & Company face with so…
A: The business risks taken by the company in many parts of its supply chain outsourcing are as shown…
Q: Recently, there are many organizations that prefer to _________ with other members of the supply…
A: Recently, there are many organizations that prefer to _________ with other members of the supply…
Q: What is supply chain management (SCM)? Describe some of the potential benefits of SCM. Explain in…
A: Developing a supply chain management is not a small commitment. It includes the responsibility of…
Q: How to Managing the Supply Chain to Achieve Schedule, Cost, and Quality Goals.
A: The supply chain is defined as a link or connection between the suppliers and the organizations to…
Q: What are Consumer to business relationships in supply chains? (C2B)
A: A supply chain is a network of all the individuals, organizations, resources, activities, and…
Q: Define the type of business where the major product is intangible, meaning it cannot be weighed or…
A: Service business is the type of business where the product is intangible. Services are created and…
Q: What trade-offs are involved in (a) sharing information with other organizations in a supply…
A: The trade-off is described as a sort of situation in which one accepts something for something they…
Q: Answer All Please. I know guidelines but still i need it.
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: You are now responsible for the supply chain dept. The main responsibilities include import…
A: Incoterms is the brief-form for International Commercial terms. These are linked to the sales…
Q: other organizations in a supp
A: Management of a supply chain refers to the practice of organizing and controlling the flow of…
Q: What is the relationship between ERP and e-commerce and supply chain management?
A: ERP (Enterprise Resource Planning) is a software programme that helps companies manage their…
Q: During contract closure, a procurement audit includes all of the following EXCEPT: A. Using the…
A: 1. Procurement is the act of obtaining goods or services for business purposes. Procurement is the…
Q: Does it make sense for a company's supply chain that may benefit from vertical integration and…
A: Supply chain: Supply chain is a series of interconnected processes that begin with the procurement…
Q: What is meant by "collaboration" between supply chain organizations? What are the different types of…
A: Collaboration is a corporate activity that allows individual companies to collaborate with each…
Q: Explain with an example the flow of information and product in a supply chain?
A: I will explain how consumer demand input captured at the retail store causes a series of actions…
Q: Which “Classification-by-Type-of-Customer-Order” do you think Amazon use and why? Make-to-order,…
A: Note: We are answering a question no. 1 as a question that needs to be answered is not specified.…
Q: Explain how supply chain decision can affect ROA?
A: Supply chain management: Supply chain management is the process of monitoring and controlling the…
Q: Define the term Value delivery network?
A: Value delivery network is a part of the supply chain of a company and includes all its direct…
Q: nted to clarify here .
A: Q) Feasibility of gym online MANAGEMENT system? ANS:- Online Gym Management is a software that helps…
Q: Discuss how to add flexibility to your supply chain. Write in 250-300 words
A: The supply chain is the network that works to develop the relationship between suppliers and the…
Q: What other techniques might Regal use to improve supply chain management?
A: Suррly сhаin mаnаgement refers tо mаnаging the gооds аnd serviсes flоw, while it аlsо…
Q: What are the 4 types of main function within SAP's supply chain software?
A: SAP is a acronym for Systems Applications and Products, commonly referred to as ERP in common…
Describe the A-B-C approach and explain how it is useful.
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- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Explain the role of performance measurement in managing supply chain activities.