What is Complexity and the supply chain?
Q: Explain the term design for manufacturing and explain in detail why it is important?
A: The importance of design for manufacturing (DFM): DFM is the process that encompasses all of the…
Q: Value Engineering Tools
A: Value engineering is a systematic, organized approach to providing necessary functions in a project…
Q: Which are the three forms of mass customization?
A: Mass customization defines the ability of a company to provide modified goods and services as per…
Q: What is the role of operations and supply chain management in the design and management of the whole…
A: Operation management may be thought of as a way of measuring or maintaining application growth in…
Q: What is system? Define it by giving an two examples
A: n the world, numerous type of systems persist and impacts the daily life of individuals. For…
Q: what is production technology in manufacturing and services?
A: Production technology provide different tools and techniques which improve the productivity. A…
Q: What is the use of system dynamics in manufacturing?
A: The main goal of system dynamics is to help individuals make better decisions while dealing with…
Q: Why does the proper operations and supply chain strategy keep changing for companies that are…
A: In today's ever-changing competitive market, it's critical for a business to be able to adapt…
Q: Define component parts and materials?
A: Introduction: Component parts and materials are used in the manufacturing of a product. Materials…
Q: How much can a company's processes and supply chain policy be developed and refined?
A: The operations and supply chain policy aids in the development of broad strategies and objectives…
Q: What
A: In the installation and evaluation process, a program is examined and analyzed critically. The…
Q: What is simultaneous engineering, and what are some of its advantages?
A: Simultaneous engineering means the integration of all the departments that are concerned with the…
Q: What are the techniques for improving service productivity?
A: A service is any operation or advantage that can be provided to another by one person, which is…
Q: What distinguishes service production from manufacturing products production?
A: The process by which resources are generated successfully and efficiently in a service company, such…
Q: What is the role of the operations function in product design?
A: Operations management is the administration of operational processes within a company to create the…
Q: How much does an organisation make changes to its processes and optimise its supply chain policies?
A: Operations and supply chain strategies are the fundamental concepts to ensure the business runs…
Q: What Is Poor Quality and Material Yield?
A: Quality plays a very important role in both product and service. But quality can differ in service…
Q: What is the role of Shell Tech Works?
A: Shell Technology Ventures is the corporate venture of Royal Dutch Shell which is based in the…
Q: What is product-service bundling, and what are the benei ts to customers?
A: Customers - Customers are the person who obtains goods and services available in the marketplace for…
Q: How is service production distinct from manufacturing?
A: Production of services refers to the method in which the services are produced in a service firm…
Q: What are the four methods for implementing a system conversion in an organisation?
A: Management Information Systems - is based on a system software & hardware that help in decision…
Q: How can you decide if an organisation has a supply chain plan and operations? What basic questions…
A: An operations strategy is an arrangement identified with the tasks part of the business which is…
Q: What two policies to reduce procurement ethical issues in the organization?
A: Moral sourcing is a practical and capable way to deal with production network the executives and…
Q: What are the two main competitive dimensions related to product delivery?
A: Customer service is a standard for customer satisfaction, which is the planning of every retailer to…
Q: Which is more important in a Supply Chain, Co-operation among the concerned firms or the sharing of…
A: Supply chain management is the management of goods and services, starting from raw material,…
Q: What is required for successful value chain management? What obstacles exist to successful value…
A: A value chain describes the full range of activities that a company uses to create a product or a…
Q: What are the four key features of SAP tech supply chain?
A: SAP ERP and SCM tools are used to schedule market productions, demand, and forecasting levels, as…
Q: How often should a company develop and refine the operations and supply chain strategy?
A: Operations and supply chain strategy helps to set the broad policies and plans for the optimal use…
Q: What are the three cost categories associated with manufacturing?
A: Below is the solution:-
Q: ONLY DISCUSS the stage of system development lifecycle analysis.
A: System Development Life Cycle (SDLC) is a series of six main phases to create any system. The main…
Q: Give an example of mass customization?
A: Mass customization is the process of producing goods that are customized according to the needs of…
Q: Explain what is flexible manufacturing systems and under what set of circumstance is it most…
A: FMS stands for flexible manufacturing systems. The term "factory management system" refers to a…
Q: What is the main objective of the value chain and how can this objective be achieved?
A: A value chain is a plan of action that depicts the full scope of exercises expected to make an item…
Q: Why is it important for a firm to manage the relationshipsalong its supply chain?
A: A supply chain is a business function that integrates all other functions. This process focuses on…
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?