Price has been the primary criteria for selecting suppliers traditionally. Select one a . False b . True
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Price has been the primary criteria for selecting suppliers traditionally.
Select one
a . False
b . True
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- No written by hand solution The questions below refer to the following SAME paragraph: Suppose a retailer Mojo, holds safety stock for an item to accommodate a 98% service level with uncertain demand. There are two supply options: Supplier X taking 5 days to deliver replenishments, and Supplier Y taking 3 days to replenish. Both suppliers charge the same price for the item. Ignoring differences in fixed order costs, the retailer should choose: Group of answer choices Supplier X Option Y only if the critical ratio is less than 0.9 Option X only if the critical ratio is greater than 0.9 Supplier YDoes the supplier have bar coding capability or radio frequency identification (RFID) technology?Describe some potential pitfalls in relying solely on the resultsof a factor-weighting analysis for supplier selection.
- To appoint the right suppliers, analysis on the suppliers’ ability to meet satisfactory quality, delivery, quantity, price or cost, and service should be done. They also should achieve other criteria to strengthen their efficiency too. Elaborate any four (4) criteria to be fulfilled.Under sole-sourcing arrangements, customers involve suppliers from the design stage, asking for larger deliveries of higher quality items in large batches that enable greater savings. True or False?You have recently been appointed as the executive director responsible for the purchasing function at Pick’n’Pay, which is one of the leading supermarkets in South Africa and other African countries. You notice that there are no documents that outline the roles and responsibilities of the buyer as well as the criteria that is used to select suppliers. Q.1 SIX criteria that yuo need to consider when selecting fruit and vegetable suppliers.
- As a general understanding, which of the following is preferred as a result of the bidding phase of procurement, and why: A. Lowest bidder declared as winner. B. Highest bidder declared as winner.Whole Nature Foods sells a gluten-free product for which theannual demand is 5,000 boxes. At the moment, it is paying $6.40 for each box; carrying cost is 25% of the unit cost; order-ing costs are $25. A new supplier has offered to sell the same item for $6.00 if Whole Nature Foods buys at least 3,000 boxesper order. Should the firm stick with the old supplier, or takeadvantage of the new quantity discount?Northcutt manufactures high-end racing bikes and is looking for a source of gear sprocket sets. Northcutt would need 1400 sets a month. Supplier A is a domestic firm, and Suppliers B and C are located overseas. Cost information for the suppliers is as follows: Supplier A- Price of $150 per set, plus packing cost of $3.00 per set. Total inland freight costs for all 1400 units would be $550 per month. Supplier B- Price of $74.00 per set, plus packing cost of $2.00 per set. International transportation costs would total $4000 per month, while total inland freight costs would be $850 per month. Supplier C- Price of $97 per set, plus packing cost of $4 per set. International transportation costs would total $4800 per month, while total inland freight costs would be $1200 per month. The total landed cost per month for Supplier B is __$
- OEM tend to have one of four types of relationship with suppliers from arm's length to vertical integration. suggest reason an OEM may have for selecting each of these 4 types of relationships with supplierslink of PDF : https://docdro.id/psUSO2n https://docdro.id/KV8USNQ question : 1. According to Simpson and et. al, what are the characteristics of our suppliers should we measure? List these down in terms of evaluative criteria and its details.In addition to the value report on commodities offered by Starwood, Starwood assesses the suppliers' efficiency against contractual parameters. For eg, by using the bedding and terrycloth provider, explain some of the metrics that Starwood can use.