When it comes to purchasing software, what is the most time- and cost-effective option? As with every assertion, yours must be backed up by evidence.
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When it comes to purchasing software, what is the most time- and cost-effective option? As with every assertion, yours must be backed up by evidence.
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- How Is a Value Analysis Plan better or worse than simply finding the lowest price for an item, regardless of vendor or supplier?Which product life-cycle stage, if any, is the most important? a. Which stage is the riskiest? b. Which stage offers the greatest profit potential? c. Which stage appears to require the greatest amount of ‘hands-on management? You may use practical examples to address these questions and to explain the thinking behind each of your answers.Is a Value Analysis Plan better or worse than simply finding the lowest price for an item, regardless of vendor or supplier? Explain your position.
- The earnings of the organization can be considerably impacted by buyers and supply chain management. Anorganization may spend up to 50% of its sales revenue on the acquisition of goods and services, including rawmaterials.You are employed as a purchasing director at Food Lovers in Durban, South Africa. The selection of a supplier establishes the crucial issues that will determine whether the organization's procurement process is successful or unsuccessful.Critically examine how Food Lovers will detect which supplier is able to supply its requirements satisfactorily, bothstrategically and operationally in the short and long termShould companies always depend on external vendors for their software and hardware requirements? Tell me why you support or oppose this view. Are there any management, organizational, or technological factors taken into account in this choice?Why should one do a technical analysis in the first place? Explain how technicians use it, why they use it, and how it could help determine the best time to make investment decisions in the future.
- When it comes to purchasing new hardware, what are the three most important factors to consider?Discuss the major difference between cost-reduction and cost-avoidance measures. Why have some described the reported savings in cost-avoidance measures as “soft,” “funny money,” and “easy to manipulate”? When can purchasing take credit for a legitimate cost reduction or cost avoidance?What role do processes and procedures play in ensuring the purchasing team's success?
- As a purchasing manager of a big retailer that operates a chain of grocery stores, discuss four ways how you could use a SCM system to provide value for your company and customers Support your discussion with examples where appropriate.Sometimes a company may need to purchase goods or services that are unique, very complex, and/or extremely expensive. These would not be routine purchases, but there may be a number of vendors that could supply what is needed. What process would be used to transmit the company’s needs to the available vendors, asking for a detailed response to the needs?value, systems, and people turnoffs. In your experience, which of these three types of turnoffs is the most important? In Walmart how does the manager or the owner in that industry can make changes that will result in lowering the number of turnoff incidents for the type of turnoff you listed above.