Subject: Procurement & sourcing Q): What are the process of procurement & where it will be applicable give examples?
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Subject: Procurement & sourcing
Q): What are the process of procurement & where it will be applicable give examples?
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- 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. Explain the role of performance measurement in managing supply chain activities.How to Develop a procurement strategy, to prepare a matrix showing, the nature of purchases, types and requisitions required for any new setup?
- Outsourcing is referred to as the process of transferring a business activity, including the relevant assets,to a third party. Outsourcing of manufacturing activities is always debatable. As the purchasing manageranalyse the concept of outsourcing and advice on the most suitable option for Dysons in terms ofoutsourcing of their manufacturing. (Using the attached)Below are the weaknesses/ disadvantages of Direct procurement. 1. Risk of stock-outs 2. Relatively high costs 3. Quality standards 4. Handling Relationships How do we overcome those weaknesses?What is Long -Lead Procurement?
- : Iqra University plans to launch its new campus at Bahria Town Karachi. Thiscampus will facilitate media science and business studies. For a complete setup, the procurementdepartment will have to facilitate a number of purchases including equipment, lab facilities andgeneral items. Develop a procurement strategy for this new campus. You are required to prepare amatrix showing, the nature of purchases, types and requisitions required for the completesetup.WHAT IS SAP PROCUREMENT? STATE THE USAGE OF SAP IN THE PROCUREMENT PROCESSES?Topic: Purchasing Strategy Details: Answer the following question. Q1: How do you think that a procurement strategy can be directly linked to the organization’s strategy and long-term business plan?
- What is a supply chain? What is the purpose of supply chain management systems?2. What is the purpose of cost accounting ISs?3. What is the relationship between CAD and CAM systems?4. What are the concerns in cash management, and how do cash management ISs help finan- cial managers?5. What is time to market? How have ISs affected time to market?6. In brief, what is the purpose of customer rela- tionship management systems?7. WhatarethetypicalcomponentsofERPsystems?8. Although technologically the full linking of the SCM systems of suppliers and buyers is feasible, many buyers are reluctant to do so. Why?9. Why do the ERP installation and testing of systems require that experts be involved? Whydoes the implementation of so many ERP sys-tems face severe challenges or totally fail?10. What is EOQ? Which two problems do ISs thatcalculate EOQ help minimize?11. What is JIT? How do MRP and MRP II systems help achieve JIT?12. For the human resource managers of some orga- nizations the entire…Subject: Procurement & sourcing Q): How procurement & sourcing planning done in K&Ns? Q): What is the strategic sourcing in K&Ns?Question `1 a) Examine the keys factors that are likely to influence the choice of a given procurement strategy (ies) adopted by any organization. b) Examine the rationale for the increased interest in strategic procurement across organizations and supply chains today.