Q: How would you approach the sourcing of bed linens and terrycloth items? That is, would you use a…
A: An essential component to keep in mind while sourcing for products is that the quality products must…
Q: Explain how to evaluate suppliers using a factor-weighting approach?
A: This technique integrates progressively exact news organizations and evaluates actions in order to…
Q: What value creation activities should a company outsource to independent suppliers? What are the…
A: Outsourcing refers to allow the third party to perform the activities on behalf of the organization.…
Q: When integrating suppliers, what are the best practices to follow?
A: Working closely with other supply chain actors, such as suppliers and consumers, to enhance the flow…
Q: how did you select the supplier/vendor in order to work within the budget limit?
A: Choosing the appropriate provider entails a lot more than looking through a bunch of pricing lists.…
Q: Why is it important to choose the right supplier and keep in touch with that supplier?
A: A supplier is a person or corporation itself, which provides the other manufacturing industries with…
Q: You have been asked to analyze the bids for 200polished disks used in solar panels. These bids have…
A: Store network the executives (SCM) is the discipline that oversees supplies and cycles through each…
Q: Research with cross-functional sourcing teams has revealed that teams that included suppliers as…
A: Cross-functional sourcing team: Cross-functional sourcing teams are basically units of experts from…
Q: What factors should be considered when selecting a supplier?
A: Supplier management is described as a process through which business activities and processes that…
Q: Research with cross-functional sourcing teams has revealed that teams that included suppliers as…
A: Integration: Integration may be a practice of integrating different groups or organization either…
Q: 7.2 If suppliers were to be rated on the following basis, what would be the ranking of the two…
A: Determine the ranking:
Q: You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have…
A: Formula:
Q: Why is it important to select good supplier/s for the business?
A: Since organizations in a supply chain belong to the chain as family members, the relationships…
Q: good relationship with suppliers in reverse logistics system will improve firm performance? Why?
A: Reverse Logistics is calling back goods to the manufacturer either for recycling, Disposal or to…
Q: What are the best practises for integrating suppliers?"
A: For many companies today, creating a closely integrated supply chain is a strategic priority. In…
Q: What are the steps that you will recommend to Amazon which assist in the successful building a…
A: About Amazon Company - Amazon.com, Inc. is a global innovation company based in the United States…
Q: Explain IKEA Category Factors briefly? Threat of new entrants. Bargaining power of buyers.…
A: This is a world of digitalization where the use of the internet is being done in the whole world.…
Q: relationship with suppliers from arm's length to vertical integration. suggest reason an OEM may…
A: As supply chains grow more complicated, cultivating precise, quantifiable methods to assess each…
Q: Discuss how supplier relation management process impacts the operation of a business under supply…
A: The operation of a business depends on many factors, these factors could include raw materials or…
Q: Determine the three major supply chain objectives of the manufacturing and supply operations, the…
A: Operations management is an area of management dealing with production, storage and delivery of…
Q: Why is it important to choose a supplier? What considerations should be taken into account when…
A: In procurement, supplier selection is a required step. Determine the market criteria and consult…
Q: How does this risk assessment compare to other potential suppliers (if there areothers)?
A: Suppliers constitute an integral part of any supply chain system to produce supplies like raw…
Q: When suppliers collaborate with the firm overall performance has been known to improve up to…
A: Suppliers are those who deliver products to another business entity. The supplier knows as the…
Q: You have been asked to analyze the bids for 200polished disks used in solar panels. These bids have…
A: A Small Introduction about Supply Management Store network the executives (SCM) is the…
Q: What recommendations would you make to John Wolf with respect to structuring the supplier…
A: Some of the recommendations which I would make to John Wolf with respect to structuring the supplier…
Q: The shutdowns and barriers to international shipping have stressed suppliers, supply lines, and…
A: The shutdowns and barriers to international shipping have stressed suppliers, supply lines, and…
Q: You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have…
A: A bid is described as an offer that is made by any firm or an individual during a purchase of an…
Q: There are newer trends in collaboration in supplier selection , what are they
A: Selecting suppliers is a critical task for every business. The business selected the most qualified…
Q: When Trek is looking for a new supplier or evaluating an existing one,what parameters does it use?
A: A supplier is an individual who supplies the raw materials or products to the companies. He is the…
Q: Why should the time required to assess and pick suppliers be reduced?
A: Suppliers are a vital part of every structure of the supply chain. Supplies such as commodities and…
Q: What is the bargaining power of suppliers for AT&T?
A: Michael Porter's Five Forces Model This model is a framework that is created by Micheal Porter for…
Q: While price and product samples are desirable when selecting a supplier, are they sufficient?
A: A firm wants to work with the best supplier to meet its criteria and specifications to deliver…
Q: Explain how easy is it to switch suppliers and what could complicate a firm's ability to switch to a…
A: A supplier is an individual or business that gives an item or service to another person or business.…
Q: Discuss how Walmart's Cambridge Foods will determine which supplier is capable of meeting its needs
A: A supplier assessment is the process of evaluating & approving prospective vendors through…
Q: What are the criteria for ranking alternative suppliers in terms of their capacity to supply in the…
A: Alternative providers are a way of monitoring and measuring the performance of providers and vendors…
Q: a. Hypothetically, how did you select the supplier/vendor in order to work within the budget limit?
A: Product survey results and fictitious scenarios are used in hypothetical scenario marketing to…
Q: how would you ensure quality of suppliers during a crisis?
A: Supplier quality can be defined as the ability of the supplier to deliver high-quality goods and…
Q: Q.1.1Differentiate between the three types of urban distribution centres (CDUs) and explain their…
A: An urban distribution centre is a facility that involves transfer of goods that are send to urban…
Q: How the selection of supplier is done?
A: The selection of supplier
Q: Describe how the suppliers using a factor weighting appraoch
A: This technique combines more authentic news sources, and analysis generates a composite reward for…
Q: 5.3 Which five would you use in analysis the suppliers to your business.
A: Supplier evaluation is the process of evaluating suppliers using different factors and elements in…
Q: Why is it important to select the right supplier and to maintain a relationship with that supplier?
A: A supplier is an individual or a company/organization itself which supplies raw materials or…
1. Who are the target market of wedding events?
2. What are the availability of the suppliers when it comes to wedding events?
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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. Why can changes within a supply chain disrupt the normal flow of goods and services within a supply chain?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?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?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.
- 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. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?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?How do I do this question in order for me to get the EMC using 1, 2 and 3 suppliers?
- Define the selection of suppliers?A 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?Q.2: You are the Vice President of Aisha Steel Mills, Karachi. Rewrite the following extract from an informal business letters as a formal message to Mr. Younus, the Head of the Workshop/Seminar Committee, The Hague Events, Islamabad: Dear Younus,Thank you for your letter of January 21. Unfortunately, I won’t be able to attend your workshop inIslamabad. Could you please send me some information on future workshops planned?If you need to contact me, please do not hesitate to do so on my mobile, 9233xxxxxxxx.Sincerely,Your NameNote: Add all the details required to make your message complete, considerate, and clear. The messagemust be concise; not more than two short paragraphs. Write the message only.