Explain the need to manage the supply chain.
Q: Should all products and services in a company be in the same supply chain model? Why?
A: The supply chain is the system of processes, employees, technologies, and resources that help to…
Q: Use a diagram to show and explain the concept of supply chain management
A: Supply Chain Management A supply chain is a system of retailers, wholesalers, transporters,…
Q: What is supply chain managment?
A: In an organization, there are a number of departments looking at their specific function. Like the…
Q: Explain how a well-managed supply chain network helps inincreasing the efficiency of a company?
A: Customer loyalty can be improved and a long-term competitive advantage gained by active supply chain…
Q: Describe the Supply Chain Strategy?
A: Supply is described as a concept in economics that is used to emphasize the amount of a service or…
Q: cyberstore gifting service is capable of servicing consumers in more than 125 cities through the…
A: 1.GCMMF has an extremely wide organization of milk assortment. It requires the executives of a…
Q: Describe how AT&T has managed supply chain disruptions in recent years
A: A is the telecommunication company. It provide mobile telephone services and fixed telephone…
Q: Describe the company OF ZARA fashion clothing, its products and the supply chain in which it…
A: ZARA fashion clothing was founded in Spain and it changes its clothing designs every two weeks,…
Q: State the Trends in Supply Chain Management?
A: Supply chain management is the management of the movement of products and services and comprises all…
Q: What are the four main functions within SAP’s supply chain software?
A: ERP refers to Enterprise Resource Planning that contains systems and software which can be used for…
Q: Considering the complexity and the risk inherent in supply chains , does it make sense for a company…
A: To be determined: Considering the complexity and the risk inherent in supply chains , does it make…
Q: what the issues of Problem and issue strategic sourcing for successful supply chain managment
A: These top worldwide supply chain concerns to be aware of, as well as advice about how to best,…
Q: The supply chain concept in Walmart
A: Wal-Mart is a retail corporation that is America-based and has a chain of hypermarkets, grocery…
Q: Explain the aspects of collaboration in supply chains
A: A supply chain is a network between company and their suppliers. It includes product development,…
Q: Regarding financial responsibility, what business risks does Clif Bar & Company face with so…
A: The business risks taken by the company in many parts of its supply chain outsourcing are as shown…
Q: Describe what choices are there for designing a supply chain that better suits the needs of an…
A: The supply chain is a process by which goods and services are transported from place of origin to…
Q: Giving examples what are atleast 4 roles that are played by the supply chain manager of an…
A: Supply chain managers play a major part in the logistics management process. They assist companiesin…
Q: How can the supply chain's form be altered?
A: The supervision of the movement of products and services from point of production to point of use,…
Q: Explain supply chain management with examples briefly
A: Supply chain management is the process through which the products or the raw materials of the…
Q: How would you decide whether a supply chain needs improvement in dupply chain structure, supply…
A: Supply Chain :- A supply chain structure is the suppliers of raw materials, components and services…
Q: How supply chain management decisions affect ROA?
A: Supply chain management is broadly defined as the set of methods or activities that are used to…
Q: How can financial risks in a supply chain be managed?
A: Supply chain management is the management of the flow of goods and services which includes raw…
Q: How to Managing the Supply Chain to Achieve Schedule, Cost, and Quality Goals.
A: The supply chain is defined as a link or connection between the suppliers and the organizations to…
Q: What are Consumer to business relationships in supply chains? (C2B)
A: A supply chain is a network of all the individuals, organizations, resources, activities, and…
Q: 3. What are the essentials of seamless supply chain management?
A: Supply chain management is a process describing the movement of goods from input to output.
Q: What are the financial measures of performance in a supply chain? Explain with examples.
A: Financial performance is a measure of how well a firm can use the assets from its primary mode of…
Q: Consider the purchase of a can of soda at a convenience store. Describe the various stages in the…
A: At the point when a customer buys a can of soda at the convenience store, then, at that point, his…
Q: What is meant by supply chain coordination
A: It is a worldwide software company which is specialized in providing company software products to…
Q: What options are there for designing a supply chain that best meets the needs of an organisation?
A: Store network configuration is the way toward building and displaying a production network to all…
Q: Explain with an example the flow of information and product in a supply chain?
A: I will explain how consumer demand input captured at the retail store causes a series of actions…
Q: Explain how supply chain decision can affect ROA?
A: Supply chain management: Supply chain management is the process of monitoring and controlling the…
Q: Describe how would they decide whether supply chain needs improvement in supply chain structure,…
A: Supply chain management is distinct from other economic activities. It is a group of organizations.…
Q: What other techniques might Regal use to improve supply chain management?
A: Suррly сhаin mаnаgement refers tо mаnаging the gооds аnd serviсes flоw, while it аlsо…
Q: Why is it important to consider “uncertainty” when evaluating supply chain process?
A: A supply chain is a network between manufacturers, suppliers, retailers/wholesalers, and customers.
Q: Explain how the new supply chain solution affected the warehouse workers and the company
A: The supply chain can be defined as the process of manufacturing and selling goods which includes the…
Q: Discuss the relevant problems that operation and supply chain manager face?
A: Operations management is the practise of managing a company's operations to maximise efficiency.…
Q: Compare and contrast the approaches taken by H&M, Benetton, and Zara to managing their supply chain
A: We are going to discuss H&M, Benetton, and Zara, which includes four aspects: design,…
Q: Identify the relevant problems that operation and supply chain manager face?
A: Operations management is the management of a business's business processes to maximise efficiency.…
Q: . What are some recent trends in supply chain management?
A: The supply chain management system plays an important role in an organization. The main function of…
Q: How Supply Chain Decisions Can Affect ROA?
A: Supply chain management is the management of the flow of goods and services which includes raw…
Q: Define the Block chain in Supply chain?
A: A block chain is a technology that assists the members of the supply chain in transacting…
Explain the need to manage the supply chain.
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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?
- 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?Explain the Supply Chain Fulcrum.