Prepare an essay not exceeding two pages to explain to a top procurement and logistics manager the subject of insurance; What it is, how it can be used by his/her organization to improve its outcomes and the challenges faced in employing it for risk management.
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Prepare an essay not exceeding two pages to explain to a top procurement and logistics manager the subject of insurance;
What it is, how it can be used by his/her organization to improve its outcomes and the challenges faced in employing it for risk management.
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- One of the most misunderstood subjects by the elite, business executives and and the uneducated alike is the subject of Insurance. Prepare an essay not exceeding two pages to explain to a top procurement and logistics manager the subject of insurance; What it is, how it can be used by his/her organization to improve its outcomes and the challenges faced in employing it for risk management.Please describe how outsourcing can be used for risk transference. Chapter 7, Review question 11 of cenage Management of Infomation security.As a supply chain and logistics management student, you have completed key aspects of the discipline throughout your qualification, namely, purchasing management, supplier relationship management, warehouse management and strategic supply chain management. This question requires you to reflect on your knowledge and understanding of supply chain management. You are required to write a one-page report where you reflect on: • Which areas of this module did you find most interesting and challenging to learn about? Why? • If the procurement process for inventory is not ethically done, what do you think would be the impact on organisations? • Do you think the individual responsible for managing inventory i.e., performing ABC analyses or tracking inventory through a warehouse needs to be analytical? Why or why not? • Would using artificial intelligence through computer programs give a non-analytical person an advantage? • Could a career in inventory management be the future for you? Why or…
- Why is it so critical to have senior executive help when it comes to implementing an indirect spend procurement plan?As a supply chain and logistics management student, you have completed key aspects of thediscipline throughout your qualification, namely, purchasing management, supplier relationshipmanagement, warehouse management and strategic supply chain management.This question requires you to reflect on your knowledge and understanding of supply chainmanagement. You are required to write a one-page report where you reflect on:• Which areas of this module did you find most interesting and challenging to learn about?Why?• If the procurement process for inventory is not ethically done, what do you think would bethe impact on organisations?• Do you think the individual responsible for managing inventory i.e., performing ABC analysesor tracking inventory through a warehouse needs to be analytical? Why or why not?• Would using artificial intelligence through computer programs give a non-analytical personan advantage?• Could a career in inventory management be the future for you? Why or why not?Why would a company want to track the performance of its suppliers?
- As a student of Procurement and Logistics management, discuss 5 reasons why we should study Financial AccountingExplain how do we distinguish between the types of risk in the supply chain ?Broll is a world class manufacturer and supplier of steel, tube, pipes and associated value adding products and services. Broll has been experiencing problems with it's supplier who have been failing to meet the lead time as per the contract resulting to contractual disputes. Assume the role of the procurement executives, explain how the company can adopt the contingency plan as a way of mitigating or managing the risk they are experiencing