What are some qualities of products that make them suitable candidates for storage in a single location? Who is the least likely to profit from this situation?
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What are some qualities of products that make them suitable candidates for storage in a single location? Who is the least likely to profit from this situation?
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- 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?Duscuss the purchasing department's primary goals are of the following: To locate suppliers that can provide goods and services in accordance with the buyer's requirements. To buy items that meet the quality specifications of the buyer. To create a stream of deliveries into the buyer's premises that minimize the raw materials inventory investment while still ensuring that goods are available as needed. To minimize the amount of cash invested in inventory.As part of the answer, you are required to: Determine supply chain's competitive strategy (You can read the sion on textbook about different competitive strategies in some example supply chains) Once you determine competitive strategy than you areed to select a distribution network design (You can select one of the six designs. distribution network design. You are required to select a product family consisting of four products for your distribution network, products(s) should be simple assemblies with a basic bill of material structure. You can choose simple products consisting of only a handful of components. For example a bill of material for Office table is given below, if your part family consists of four parts with each part being a different Office table, for example Part A: Short Office table, Part B: Wide Office Table, Part C: Four Legged Table and Part D: Long Office Table. Bill of Material for Office Table Table Final Assembly Top Assembly (1 required) Support Assembly (1…
- List and explain the disadvantages of locating a storage area at some distance from the receiving and preparation areas. Are there any advantages?Evaluate an alternative that involves consolidating all 20-foot container volumes and using onlya single consolidation center in Shanghai/Ningbo. Assume that all the existing 20-foot containervolumes and the existing consolidation center volumes are sent to this single consolidationcenter by suppliers. This new consolidation center volume would be packed into 40-footcontainers, filled to 96 percent, and shipped to the United States. The existing 40-foot volumewould still be shipped direct from the suppliers at 85 percent capacity utilizationWhat is the lot-for-lot decision rule? What is its advantage? Where would it be used?
- QUESITON 26 Calculate the percentage of assets committed to inventory, where Panda lnc has $44,000,000 in total assets and 11,400,000 of inventory. QUESITON 27 Supply chain management is ... A.a set of procedures connecting suppliers to customers B.Design, operation and improvement of productive systems C.A sequence of activities across organizations that are involved in producing and delivering a product or service D.a series of activities from suppliers to customers that add value to a product or service QUESITON 28 SCOR stands for A.Supply Chain Operations Reference model B.Supply Chain Operations Resilience C.Supply Chain Organsational Resources D.Select the correct answer(s) for each item. If NONE or MORE THAN ONE of the choices is the correct answer, choose E.What is the 3-month simple moving average for February 2017, given that demand was 100 during October 2016, 200 in November 2016, 300 in December 2016 and 400 in January 2017? a. 350 b. 300 c. 250 d. 400
- As a purchasing agent for a local solar company at NYC, you have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing (Thailand), India Shine (India), and Sacramento Glow (California). Thailand Polishing has submitted a bid of 2,000 baht. India Shine has submitted a bid of 2,000 rupees. Sacramento Glow has submitted a bid of $200. You check with your local bank and find that $1 = 10 baht and $1 = 8 rupees. Which company should you choose?As a purchasing agent for a local solar company at NYC, you have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing (Thailand), India Shine (India), and Sacramento Glow (California). Thailand Polishing has submitted a bid of 2,000 baht. India Shine has submitted a bid of 2,000 rupees. Sacramento Glow has submitted a bid of $200. You check with your local bank and find that $1 = 10 baht and $1 = 8 rupees. If there is a 30% import tax, which firm should you then choose?Evaluate an alternative that involves consolidating all 20-foot container volumes and using onlya single consolidation center in Shanghai/Ningbo. Assume that all the existing 20-foot container volumes and the existing consolidation center volumes are sent to this single consolidationcenter by suppliers. This new consolidation center volume would be packed into 40-footcontainers, filled to 96 percent, and shipped to the United States. The existing 40-foot volumewould still be shipped direct from the suppliers at 85 percent capacity utilization