Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
bartleby

Videos

Question
Book Icon
Chapter 9, Problem 23P

a.

Summary Introduction

Interpretation:

The spending category that has been identified as a priority and the supplier organization is most promising candidate.

Concept Introduction:

Supplier positioning matrix classifies each spending categories based on annual expense and supply vulnerability. In a supplier positioning matrix spend categories with high cost and high risk are dubbed as strategic critical.

b.

Summary Introduction

Interpretation:

The spend category that should be viewed as tactical decision and the purchase contract that should be awarded to the lowest cost bid through competitive bidding.

Concept Introduction:

Supplier positioning matrix classifies each spending categories based on annual expense and supply vulnerability. In a supplier positioning matrix spend categories with high cost and high risk are dubbed as strategic critical.

c.

Summary Introduction

Interpretation:

The supplier that would be willing to offer lower price and the supplier that would see the SW food Bank’s purchasing contract as nuisance.

Concept Introduction:

A supplier preference model places the suppliers on matrix based on supplier’s view on attractiveness of contract and value of business for supplier. Here purchasing manager considers how much the organization’s contract is valuable to the supplier.

Blurred answer
Students have asked these similar questions
Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. He was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, “I don’t 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…
Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. He was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, “I don’t 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…
Catalina is Changing Supermarket Shopper Measurement Catalina Inc. is a Florida-based company specializing in supermarket shopper tracking and coupon issuing. The company has about 1,200 employees and operates in the United States, as well as in major European countries. The company built its business model on issuing coupons to grocery shoppers online when they check out. The basis for this business model is that traditional print media has long production lead times, and the response to these media is not measurable on the individual customer level. Thus, supermarkets and manufacturers cannot run and track individualized campaigns with traditional media. Catalina’s system consists of a printer connected to the cashier’s scanner and a database. The information on each shopping basket that checks out via the scanner is then stored in the database. Using the person’s credit card number or check number, the database links individual shopping baskets over time. If the person pays cash,…
Knowledge Booster
Background pattern image
Operations Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.
Forecasting 2: Forecasting Types & Qualitative methods; Author: Adapala Academy & IES GS for Exams;https://www.youtube.com/watch?v=npWni9K6Z_g;License: Standard YouTube License, CC-BY
Introduction to Forecasting - with Examples; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=98K7AG32qv8;License: Standard Youtube License