Does the supplier track material and product and or service cycle time andcompare this against a performance objective or standard?
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Does the supplier track material and product and or service cycle time and
compare this against a performance objective or standard?
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- What role does continuous improvement play in optimizing sourcing processes and supplier relationships?Your head of division has asked you to evaluate the alternatives for producing newly designed jig on milling machine. He gives you the following facts: An old milling machine valued at RM 150,000 exists in the warehouse that can be modified for the new jig. The production line supervisor has given an estimate of RM 25,000 to modify this machine. It is hoped that the milling machine will be able to meet production requirements at full capacity. Another vendor, CARE Sdn Bhd, has produced the machine five years ago and can easily do the same modifications for RM45,000. The cooling system used for this machine is not environmentally safe and would require some disposal costs. CARE Sdn Bhd has offered to build a new milling machine to be more environmental friendly and a higher capacity for a price RM250,00. For this scenario: (a) Define the problem statement. (b) Explain ONE (1) key assumption. (c) Explain THREE (3) alternatives available.Can the supply chain handle the necessary changes? Before an organization commits to ramping up its input, it is essential to confirm that its supply chain will be able to handle related requirements.
- To integrate the supplier into the system, which of the following is not required for the supplier development?" None of these Quality requirements Product specifications Schedules and delivery Procurement policiesWhat critieria—limit to four—should Scott Nolan use to screen suppliers to be integrated into the early phases of the Deere skid-steer loader development process? Why?Works Inc. designs industrial tooling parts and makes the molds for those parts. The following activities take place when the company creates a new mold. Classify each cost as unit level (U), batch level (B), product/process level (P), or organizational level (O). Consultation with equipment manufacturer on design specifications Engineering design of mold Creating mold Moving materials from warehouse for test quantity Direct materials for test quantity to judge conformity to design specifications Inspecting test quantity Preparing design specification changes based on test molds Depreciating small kiln used solely for test quantities Depreciating manufacturing building
- Par Inc., is a small manufacturer of golf equipment and supplies. Par's distributor believes a market exists for both a medium-priced golf bag, referred to as a standard model, and a high-priced golf bag, referred to as a deluxe model. The distributor is so confident of the market that, if Par can make the bags at a competitive price, the distributor will purchase all the bags that Par can manufacture over the next three months. A careful analysis of the manufacturing requirements resulted in the following table, which shows the production time requirements for the four required manufacturing operations and the accounting department's estimate of the profit contribution per bag: PRODUCTION TIME (HOURS) PRODUCT, CUT & DYE, SEWING, FINISHING, INSPECTION & PACKAGING, PROFIT/BAGSTANDARD 7/10, 1/2, 1, 1/10, DELUXE 1, 5/6, 2/3, ¼ The director of manufacturing estimates that 630 hours of cutting and dyeing time, 300 hours of sewing time, 708 hours of finishing time, and 270 hours of…Describe the steps in the process model for forming and implementing successful supply chain relationships. What step(s) (are) most critical?Mattel has gotten to the heart of one of its problems: Too many reds aren’t a good thing. The company’s designers until recently could choose from about 150 types of red when making Barbie dolls, Hot Wheels cars or other toys in its stable. Each variation added storage costs and downtime at factories for cleaning equipment to swap out shades. “Complexity is really a killer,” said Mattel’s chief supply-chain officer. Mattel has chopped the choices of reds by more than 1/3 and is doing the same for other colors, part of a broad edict to simplify the company’s supply chain. The goal is to improve, modernize and ultimately tame a sprawling supply chain that operates 13 factories, employs 35,000 people and delivers toys to 375,000 retail locations world-wide, reports The Wall Street Journal (Jan. 2, 2020). “Supply chain had become one of our handicaps,” adds the CEO. Mattel says it plans to keep factories that are “strategically important” or that can make certain products at a better…
- Define functional and non-functional requirements. What are the business criteria for a secure online purchasing system?The value chain includes research and development, customer service, marketing, and suppliers. True or FalseDefine the supply chains for the following products from the first source of raw materials to the final customer:a. Big Macb. Gasolinec. Automobile repaird. A textbook