Which of the following is likely to be data rather than information? a. Top 3 suppliers with the highest purchase volume b. List of new suppliers adopted this year c. A single supplier ID.
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Which of the following is likely to be data rather than information?
a.
Top 3 suppliers with the highest purchase volume
b.
List of new suppliers adopted this year
c.
A single supplier ID.
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Solved in 2 steps
- 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. Why can changes within a supply chain disrupt the normal flow of goods and services within a supply chain?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.Research with cross-functional sourcing teams revealed that teams that included suppliersas active team participants put forth greater effort, on average, than teams that did notinclude suppliers.With regards to the above statement:Discuss why the involvement of external suppliers can positively affect a team’s effort.
- You have been asked to analyze the bids for 200polished disks used in solar panels. These bids have been submittedby three suppliers: Thailand Polishing, India Shine, andSacramento Glow. Thailand Polisillng has submitted a bid of2,000 baht. India Shine has submitted a bid of 2,000 rupees.Sacramento Glow has submitted a bid of $200. You check withyour local bank and find that $1 = 10 baht and $1 = 8 rupees.Which company should you choose? If the final destination is NewDelhi, India, and there is a 30% import tax, which firm shouldyou choose?You have been asked to analyze the bids for 200polished disks used in solar panels. These bids have been submittedby three suppliers: Thailand Polishing, India Shine, andSacramento Glow. Thailand Polisillng has submitted a bid of2,000 baht. India Shine has submitted a bid of 2,000 rupees.Sacramento Glow has submitted a bid of $200. You check withyour local bank and find that $1 = 10 baht and $1 = 8 rupees.Which company should you choose?Research with cross-functional sourcing teams has revealed that teams that included suppliers as active team participants put forth greater effort, on average, than teams that did not include suppliers.With regards to the above statement, discuss why the involvement of external suppliers can positively affect a team’s effort
- Research with cross-functional sourcing teams has revealed that teams that included suppliers as active team participants put forth greater effort, on average, than teams that did not include suppliers. With regards to the above statement, discuss why the involvement of external suppliers can positively affect a team’s effortA sourcing strategy is essentially a business case for an organisation to determine an optimal approach to procure resources. AusMed which manufactures medical ventilators, wants to procure a heating tube which is a critical component of humidification equipment. In comparison to the value of the ventilator, the heating tube cost less. Moreover, there are very few suppliers in the world that can supply the heating tubes. Outline the steps involved in the sourcing the heating tube? Discuss what sourcing strategy that AusMed needs to adopt while procuring heating tube?a) Provide the Colgate- Palmolive strategies that make highly efficient supply chainoperation. Answer should not be less than 600 words. Elaboration and examples are must. Thank you.
- solve a and b please. a. How does this standardization possibly help achieve environmental sustainability via analytics? b. What is the impact of big data analytics on supply chain management?SWOT analysis of coconut in supply chain - Strenghths - Weakness - Opportunity - Threats Also, can you give me some examples of some partsPredict five (5) challenges that an SMME, in an industry of your choice, can experience when managing relationships with its suppliers. For each of the explained challenges, provide recommendations for how each could be overcome.