Discuss the importance of each of the following:b. Managing a supply chain
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Q: Use a diagram to show and explain the concept of supply chain management
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Q: Problem and issue strategic sourcing for successful supply chain managment with reference
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Q: What is supply chain sustainability?
A: The United Nations defines supply chain sustainability as "the management of environmental, social,…
Q: What are the positive and negative influences in supply chain managers role?
A: Supply chain administration, which means managers of supply chain, in basic words alludes to the…
Q: What are the type of relationships that exist within a supply chain?
A: If you want to get the most out of your supply chain, make sure you have effective cooperation in…
Q: State the Trends in Supply Chain Management?
A: Supply chain management is the management of the movement of products and services and comprises all…
Q: 10. Can supply chain integration be achieved by establishing ongoing relationships with trading…
A: Supply chain integration is based on the process where all the partakers concerned with the…
Q: Considering the complexity and the risk inherent in supply chains , does it make sense for a company…
A: To be determined: Considering the complexity and the risk inherent in supply chains , does it make…
Q: Explain why each of these is critical for a successful supply chain operation:b. Information sharing
A: Information sharing has become a crucial factor in almost all aspects of the business.
Q: 1. What trade-offs are involved in (a) sharing information with other organizations in a supply…
A: Trade-offs occur when there is an exchange of information, material or any other valuable resource.…
Q: Explain the decision making framework for operation in the supply chain?
A: The Process of Decision-Making: Decision frameworks are the ideas, methods, and practices that guide…
Q: How would you decide whether a supply chain needs improvement in supply chain structure, supply…
A: Supply chain isn't any business work. It's an organization of organizations. Flexibly chain the…
Q: Explain supply chain management's main goal briefly ?
A: Management and administrative accounting are two critical departments in any heavy industry or…
Q: How can the supply chain's form be altered?
A: The supervision of the movement of products and services from point of production to point of use,…
Q: Explain supply chain management with examples briefly
A: Supply chain management is the process through which the products or the raw materials of the…
Q: Green Supply Chain
A: Zara: It is one of the leading brands in the textile industry. Zara has an adopted d all the steps…
Q: How would you decide whether a supply chain needs improvement in dupply chain structure, supply…
A: Supply Chain :- A supply chain structure is the suppliers of raw materials, components and services…
Q: 12. Supply chain is a system of organizations, people, activities, data and properties involved in…
A: To furnish the products/services that can generate a minimal amount of cost and creates more…
Q: How supply chain management decisions affect ROA?
A: Supply chain management is broadly defined as the set of methods or activities that are used to…
Q: Write down the 5R of supply chain Management
A: Production network or supply chain management is the board, the administration of the progression of…
Q: Give a company example that had disruption in its supply chain and how it could have prevented it ?
A: To be determined: Give a company example that had its supply chain disrupted and how could it have…
Q: 3. What are the essentials of seamless supply chain management?
A: Supply chain management is a process describing the movement of goods from input to output.
Q: Supply chain design options can be placed into which four categories?
A: The four major functional attributes in business which actually design the supply chain are:…
Q: B. Choose the best answer. Which of these is the entity in the supply chain responsible for selling…
A: Supply chain management It is the management of the transportation of goods and services, and it…
Q: What are the financial measures of performance in a supply chain? Explain with examples.
A: Financial performance is a measure of how well a firm can use the assets from its primary mode of…
Q: Consider the purchase of a can of soda at a convenience store. Describe the various stages in the…
A: At the point when a customer buys a can of soda at the convenience store, then, at that point, his…
Q: Consider the purchase of a can of soda at a convenience store. Describe the various stages in the…
A: A chain of intermediaries that help a product reach the buyer from a manufacturer are known as a…
Q: Discuss the importance of managing a supply chain?
A: The importance of managing a supply chain are:
Q: other organizations in a supp
A: Management of a supply chain refers to the practice of organizing and controlling the flow of…
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: aintain an existing supply chain, wh
A: The distribution of a product from its place of origin to its point of consumption is referred to as…
Q: supply chain
A: Business analytics is a method or technology which helps the business to find out and explore the…
Q: 3. Choose the best answer. Which of these is the entity in the supply chain responsible for selling…
A: The supply chain is the system in which employees process techniques resources and others linked to…
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: Discuss characteristics of traditional operations in supply chain
A: The following features apply to classical supply chain operations:
Q: Describe how would they decide whether supply chain needs improvement in supply chain structure,…
A: Supply chain management is distinct from other economic activities. It is a group of organizations.…
Q: Why is it important to consider “uncertainty” when evaluating supply chain process?
A: A supply chain is a network between manufacturers, suppliers, retailers/wholesalers, and customers.
Q: Describe the customers to business relationships in the supply chain management ( C 2 B)
A: Customers to companies (C2C) and business to business (B2B) are both excellent economic models…
Q: . What are some recent trends in supply chain management?
A: The supply chain management system plays an important role in an organization. The main function of…
Q: Define the Block chain in Supply chain?
A: A block chain is a technology that assists the members of the supply chain in transacting…
Discuss the importance of each of the following:
b. Managing a supply chain
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- 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?