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From the perspective of an Operations Manager in Office Administration, describe Direct Trading platform.
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- Operation management Using relevant examples identify the very unique situations that would push an organization to adopt direct procurement and restricted tenderingWhat other techniques might Regal use to improve supply chain management?Explain the role of the following functional areas in supporting the organization’s current operations strategy Required:a. Procurementb. Financec. Marketingd. Human Resource Management
- Explain briefly via an example the different between supply chain management systems andcustomer relationship management system to support a management information system of an enterprise.a) Explain what a “supply chain” is. b) Explain why practioneers of supply chain management need to understand management accounting.Briefly explain why inventory management is a core operations management activity?
- How to use Porter Five Forces to analyse the industry where company is located and how to use PESTEL analysis to analyse the country where company is located. (Please use diagrams and text to describe)1. Supply Chain focuses only on the physical movement of material and supplies Select one: a. False b. True 2. One of the other departments or functions within an organisation is referred to as servitization. Which of the following statements describes servitization. Select one: a. A transformation process wherein production organisations embrace a service orientation and/or develop more and better services b. Selling the goods or services of the organisation c. Purchasing raw materials, machinery and equipment for the organisation d. Providing management with the relevant information that will enable it to manage effectively and efficiently 3. For each supply chain driver, managers must make tradeoffs between Select one: a. Efficiency and responsiveness b. Costs and benefits c. Time and responsiveness d. Cost and performance e. Value addition The Certainty in decision environment of strategic decisions alludes to: Select one: a. Costly…BMW is one of the world’s best known HPC manufacturers. Developing new cars is a costly, uncertain and complex This company would need to consider which parts of the vertical chain to outsource and which to conduct inhouse. Using the theory of the optimal boundary of the firm, discuss BMW’s make-or-buy decision for developing and producing a HPC. What stages of the vertical chain should BMW consider conducting in house, and which should be outsourced? Provide reasons for your findings.
- Classify the scheme that allows the management to address key questions such as how to achieve the new productions,availability in the firm,etc?a) Provide the Colgate- Palmolive strategies that make highly efficient supply chainoperation. Answer should not be less than 600 words. Elaboration and examples are must. Thank you.Based on the above information, prepare a report for the head of the accounting department of RCIATOLimited to evaluate their revenue cycle. In your report, you need to include the following items:1. "Establishing separate departments for warehousing, shipping and inventory control willenhance internal controls over the inventory." Discuss this statement in the light of the existingrevenue cycle of RCIATO Limited.2. In the light of our discussion during interactive tutorials, describe potential internal controlweaknesses in the sales order processing procedures and cash receipts procedures of RCIATOLimited.3. In the light of our discussion during interactive tutorials, discuss the potential risks associatedwith the internal control weaknesses identified in Section (2) above.4. Based on Section (3) above, what types are frauds are possible. Hint: we have discussed differenttypes of frauds in the interactive tutorial and lectures. Your discussion should be based on these contents.