Explain supply chain management (SCM)?
Q: For each of the following report situations, write a clear problem statement and list what factors c...
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...
Q: n unless the risk occurs is called A Mitigate B. Transfer С. Ассеpt D. Avoid
A: 1. For the following processes of project risk management For the following processes of Project Ris...
Q: Question4 ...
A: Business planning is the very first step of any business and can be defined as the strategic formati...
Q: Maslow’s hierarchy of needs theory is mainly about what? What is the critics on it from the scientif...
A: Maslow’s hierarchy of needs theory -Abraham Maslow’s theory argues that humans have a series of need...
Q: 1.What laws or policies govern the sale of alcohol? 2.Discuss Retail Trade Liberalization Act of 200...
A: We'll answer the first question since the exact one wasn't specified. Please submit a new question s...
Q: Dell uses a strategy by aiming to shrink the time needed to fill orders of their computers and deliv...
A: Processing time is the time when the products are manufactured, packed and filled in containers and ...
Q: QUESTION 1 Which of the following pertains to productivity improvement? A)Tightening the inspection ...
A: Productivity improvement helps in managing efficiency and increased output. Since you have asked mul...
Q: Discuss 5 advantages of using the concepts used in Network Logistics by DELL.
A: Network Logistics or Logistics Network is the sequence or system of organizations or operations that...
Q: Explain how student engagement affects student's learning in a face to face classroom setting and in...
A: Student engagement affects a student's learning in a face to face classroom setting: Let students...
Q: A public hospital employs volunteers to attend the reception between 8:00 A.M. and 10:00 P.M. Each v...
A: First, construct the Reporting vs. Availability table as follows: Reports at → 8am 9am 10am 11am ...
Q: Following information is available from the record of the incoming material of XYZ Co. Ltd. Determin...
A: Quality rating = (total quantity acceptedTotal quantity supplied)X100Price rating =(Price Ratio Low...
Q: In choosing between three new jobs, Johan considers the potential payoffs over the next three years....
A:
Q: How multiple goals and goal hierarchy related?
A: Maslow's hierarchy of motives reflects various levels like physiological needs, safety needs, belong...
Q: Which of the following is considered as a design decision? Select one: O a Market share growth b. Qu...
A: Any decision, if it is good, should be useable and useful. Design decisions are those that consider ...
Q: What makes customers upset?
A: A customer is a person or business that buys the products or services of another company. Customers ...
Q: The controV chart used/ to monitor the process mean is known as اخترأحد الخيارات a x-bar-chart O b. ...
A: The control chart used to monitor the process mean is called the x-bar chart.
Q: Bollywood actor likened to an Indian Tom Cruise, decided to en-dorse Fair & Handsome. Euromonito...
A: Business Ethics are the guiding principles that drive the values and beliefs of the organization. Fo...
Q: Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at...
A: a. Inventory turnover = 8 times Therefore, the Inventory value of current year = $72/8 =$ 9 million ...
Q: What would you have done differently in a Business Communications course for a better experience? Wh...
A: Business communication is an exchange of information which can be used in marketing activities, main...
Q: Determine the expected life of a new machine if it is replaced when it is either "Operable-major det...
A: a. State 0 - Machine is good as new State 1 - Machine is operable minimum deterioration State 2- Ma...
Q: QUESTION 20 Which of the following is not one of the key elements of the balanced scorecard for...
A: Diversification is a process of allocating the resources in different institutions, industries so as...
Q: Explain the Equity Theory and some of the major points of employing this theory.
A: Motivation is an inspiring mechanism that helps team members to effectively pull their weight to giv...
Q: Solve the following problem Retail managament Digital Stereo systems stocks a certain digital playba...
A: Product Cost= $700 Annual Sales= 250 units Cost of placing an order= $100 Carrying Cost Rate= $15 pe...
Q: Why is the machine-paced assembly line very important among large companies?
A: Definition - Machine-paced assembly line is a technologically developed assembly line to improve the...
Q: The grouping of equipment by the operations needed to perform similar work for part families need......
A: The grouping of equipment by the operations needed to perform similar work for part families need a ...
Q: The Xenopeltis Company estimates its requirement, which is 39,000 units semiannually at a price of $...
A: Requirement Q= 39000 units Ordering cost = $90 per order Carrying cost = 15% of per-unit cost. Per u...
Q: Question 3 Which of the following is classified as value added activities in a hospitality servic...
A: Answer: Introducing a new two-step verification procedure of the menu to be delivered as room servic...
Q: Principles of Information Security Answer one of the following questions: Explain the relation...
A: Understanding the contrast among law and strategy and the crossing points between the two, can be us...
Q: Barbara Flynn sells papers at a newspaper stand for $0.40. The papers cost her $0.30, giving her a $...
A:
Q: Nicknamed “Operation Varsity Blues,” by the U.S. federal government, the 2019 college admissions bri...
A: The applied codes in the 2019 college scandal are the following: Loyalty Obedience to the law Hones...
Q: Case study: Should we go beyond the law 1. Talk to the manufacturing vice president and emphasize t...
A: Helping communities can help in winning their trust as a business. When people have a good view of t...
Explain
Operations is an important base for every organization, whether in manufacturing, service, or non-profit industries. Operations Management (OM) is a multidisciplinary field that helps in addressing the efficiency and effectiveness of the operations of an organization.
Step by step
Solved in 2 steps
- 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.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?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?
- 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?
- 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?