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- Please briefly explain why the correct option is right and why the other options are incorrect. 1) Which of the following is the PRIMARY reason for institutionalizing continuous improvement in the supply chain? a)To help suppliers enhance capability in their processes, allowing both the buyer and supplier to reap the benefits b)To determine where the supplier is making errors without raising costs in the supply chain c)To enable suppliers to voice concerns about how the organization is managing contracts with the supplier d)To make the buying organization more receptive to supplier concerns, including any negative feedbackDraw and discuss the flow of any FMCG’s supply chain and describe the various stages involved.Giving examples what are atleast 4 roles that are played by the supply chain manager of an organization
- A. Explain the role of information technology in the supply chain. B. Explain TWO (2) characteristics that information must have to be useful for decision- making in a supply chain.Week 5Discussion 1Sustainability is an important ethical and environmental issue in purchasing. Describe one material, product, or service that can contribute to sustainability in a project you have been involved with, or in your current organization. Describe how these decisions enable the organization to avoid violations in terms of environmental issues. Respond to at least two of your classmates’ postings.Discussion 2Personal liability is a serious issue in purchasing and supply management. Provide details from the text or your personal experience where a supply officer or project manager has been held personally liable for conditions of a contract. Comment on how you will proceed in the future to avoid any personal liability for contracts if at all possible. The text provides excellent examples that can be researched starting on page 311. Respond to at least two of your classmates’ postingsList all of MLM's (Martin Marietta Materials) competitors both in the US and internationally.
- describe the Supply chain management's main goal is to?Value Chain PRIMARY ACTIVITIES : example: Inbound Logistics - a gathering of new materials thru a partnership with ranches. allocation of sources and warehouse, separate facilities of the working area and manufacturing. Operations- production Outbound Logistics Marketing and Sales After-sales Services SUPPORTING ACTIVITIES : Procurement Technological development Human resources management Infrastructure What are the possible supporting activities in those list?What the strategy should be for reviewing ESHS requirements in subcontractors and suppliers before contracting and how this is relevant in the selection process, also a strategy for develop a detailed plan and requirements that subcontractors and suppliers must achieve and implementing a monitoring process as well as comprehensive strategy to guarantee the accomplishment of ESHS requirements and consequences if subcontractors or suppliers do not accomplish them.
- why use a deliverable orientated WBS to build a greenhouseFrom OSCM chpt 16, explain the concept of TCO- what is required and how is it useful to make purchasing decisions. Give an example of something you purchased recently.SLO 6.1. Supply contributes to organizational goals and strategies through: Strategic contributions (opportunity maximization)Operational contribution (bottom-line impact)Direct contribution (enhancing performance of others)Indirect contribution (trouble prevention)Profit-leverage contribution (intangible) NEWSLO 6.2. For an organization with revenue of $100 million, purchases of $60 million, and profit of $8 million before tax, a 10 percent reduction in purchase spend would result in an increase in profit of: 10 percent36 percent57 percent60 percent75 percent