Consider a packaged milk products supply chain. A lumber company provides wood to a paper mill, whosupplies cardboard to a container manufacturer, who supplies containers to the milk productsmanufacturer. The lumber company is:a tier two supplier.not in the supply chain.O a tier three supplier.O a tier one supplier.Oa tier four supplier.MacBook AirDDD00000F8F7F5)%23%%249

The supply chain is the most important link that connects all the distributors in a chain. Entities…

Answered: Consider a packaged milk products…

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter2: The Purchasing Process

Section: Chapter Questions

Problem 1GPE

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Please do not give solution in image format thanku Profitsfor the company can rocket upward if it achieves sufficient savings in supply chain costs. This is important given the broad scope of the supply chain, which extends beyond the company to include both suppliers and customers. A systematic approach is also important because of the variable requirements supply chain managers must manage. With reference to this information, Examine the influence of systems analysis towards effective identification of organizational goals and purposes. Provide real life examples to support your discussion.
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 feedback
33- Which one of the following is a reason for a stock out situation for a retailer? a. Consumer demand remains unchanged b. Price of the product increases c. More lead time taken by the supplier d. There is buffer stock with the retailer
can you please help me answer this question.... Rebar Company prepared the following analysis of its year-end inventory on December 31. First, determine the total lower of cost or market value for each product in Rebar Company's inventory. Second, prepare the journal entry needed at year-end to value the inventory at LCM, if applicable. Historical Cost Replacement Cost Product Quantity per unit per unit A 17 $430 $499 B 140 325 299 C 38 75 69
The world’s largest furniture retailer, IKEA based in Stockholm, Sweden, recently entered theinsurance business, including child, pregnancy, and home insurance products being available atmany IKEA stores. IKEA has over 59 million members of its Club, customers who regularlyshop at its stores, and now these folks can purchase insurance. What type strategy is this forIKEA?
In the retail coffee industry, with many mom-and-pop coffee stores and retail coffee shows, the number of competitors in the industry is high. In such a case, most coffee houses use beans and other ingredients to create different blends of coffee. Many suppliers provide the beans required by these firms. Moreover, there is not a significant difference in the quality of the product from different suppliers. In addition, with many suppliers offering similar commodity-type products, the switching costs for the focal firms would below. Referring to the second part of the above scenario, all of the mentioned factors combined will result in ____________. * high threat of new entrants to the industry high bargaining power of the suppliers low threat of new entrants to the industry low bargaining power of the suppliers
A wholesaler estimates that 5.6 times a year a dispensing centre flips its stock. What are the months of supply?
exxxplain the role of supplier performance metrics in supplier management.
Average order fulfillment cycle time would be an example of a SCOR model metric for which performance attribute? A. Supply chain costs B. Supply chain responsiveness C. Supply chain reliability D. Supply chain agility
customers. Do this in your notebook. and customers. Do this in Situation: a substantial number of customersS who will claim remittance through him and will buy his sari-sari store afterwards. Value Proposition: Unique Selling Proposition:
One of your Taiwanese suppliers has bid on a new line of molded plastic parts that is currently being assembled at your plant. The supplier has bid $0.10 per part, given a forecast you provided of 400,000 parts in one year1. 500,000 in year 2; 700,000 in year 3. shipping and handling of parts from the supplier’s factory is estimated at $0.01 per unit. Additional inventory handling charges should amount to $0.006 per unit. Finally, administrative costs are estimated at $30 per month. Although your plant can continue producing the part, the plant would need to invest in another molding machine, which would cost $20,000. Direct materials can be purchased for $0.06 per unit. Direct labor is estimated at $0.05 per unit plus a 50% surcharge for benefits and, indirect labor is estimated at $0.008 per unit plus 50% benefit. Up-front engineering and design costs will amount to $40,000. Finally, management has insisted that overhead be allocated if the parts are made in-house at a rate of 100%…
k of PDF : https://docdro.id/psUSO2n https://docdro.id/KV8USNQ question : 1/ According to Weele, the items that we measure determines the role of the purchasing function. List these roles, and show the mapping. 2/ According to Simpson and et.al, why should we measure the performance of our suppliers? 3/ According to Simpson and et. al, what are the characteristics of our suppliers should we measure? List these down in terms of evaluative criteria and its details.

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