Discuss FIVE (5) key factors which Walmart had to take into consideration when assessing the suitability of suppliers. Describe TWO (2) ways in which Wal-Mart benefits from good sourcing decisions
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Discuss FIVE (5) key factors which Walmart had to take into consideration when assessing the suitability of suppliers. Describe TWO (2) ways in which Wal-Mart benefits from good sourcing decisions
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- 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. Why can changes within a supply chain disrupt the normal flow of goods and services within a supply chain?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. What parts of the supply chain are most closely involved with the situation in this case? What is the responsibility of each part in order to maintain a smooth flow of material?Describe two ways in which Walmart benefits from good sourcing decisions.
- Ethics When firms implement a single sourcing policyin their buying, other possible suppliers do not have anopportunity to compete for the business. Is this ethical? What are the advantages to the company? What are the disadvantages?Foreign vendors are added to a company's supply chain for a variety of reasons. However, the fundamental motivation for utilising an international provider is because that source is thought to offer better value than a domestic supplier. Explain ANY FOUR reasons for global sourcing and make reference to the attachmentA.). What do you think of the statement “Boeing dug its own grave by outsourcing so much of the 787 to its supply chain? The firm could not possibly do an effective job of managing so many suppliers.” Take a for or against the position and justify the same. b) What are the advantages and disadvantages of allowing the suppliers to award contracts for their own supplies of the plane’s components?
- Ethics When firms implement a single sourcing policyin their buying, other possible suppliers do not have anopportunity to compete for the business. Is this ethi·cal? What are the advantages to the company? Whatare the disadvantages?(a) Evaluate the criteria that Khind Holdings could use to assess potential suppliersin its global sourcing efforts.Describe supplier selection and evaluation process and what are the differences between local and global sourcing? Explain also in which situations either of the options are preferable.
- Select a Pakistani Company which is involved in the production anddistribution of a product and for which supply chain management is ofvital importance. Your assignment will carry out the analysis of thecompany’s supply chain strategies to support the operations in thecompany.• Describe the company, its products and the supply chain in whichit operates• Discuss as to why the supply chain management is important to thecompany• Evaluate its supply chain process and strategies and provideyour feedback on the strategies applied by the company.• Explain on particular issues, difficulties which company had facedin supply chain, its success and or failures that it may have had inthe management of its supply chainExplain all aspects of the global sourcing strategy with clear details on the strategies that can be used when assessing all six (6) aspects if AMSUPP is to operate in Singapore. For example, what sourcing strategy would they use, how would they contract suppliers (in terms of tools to be utilized), etc.? • N.B. Some aspects were briefly mentioned in the case; expand on these and make suggestions for the aspects not addressed. The six aspects are: Improve Supplier Relations Assess the current supply chain Develop sourcing strategy Identify and screen suppliers Contract suppliers Set up client local operationsManagers have obligations to a wide variety of stakeholders such as shareholders, employees and customers. When considering outsourcing production to offshore suppliers, managers have to weigh __. I) Cost benefits that might make shareholders wealthier. II) Quality issues that might make firms less productive and/or products riskier. III) The investments already tied up in relationships with existing suppliers. a. I b. II c. III d. I and II only e. I, II and III