Operations Management
13th Edition
ISBN: 9781259667473
Author: William J Stevenson
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 15.9, Problem 1RQ
Summary Introduction
To determine: The reasons how company IM achieves cost reductions by using internet for procurement.
Introduction: Cost reduction is a designed constructive approach to decrease expenses. It is a remedial purpose by continuous procedure of examination of expenses, capacities etc. for further economy in purpose of aspects of manufacturing.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
If a traditional brick-and-mortar store decided to adopt FBA, how would it go about integrating its information systems with those of Amazon?
What are the onformation systems that Walmart is using and what advantages and disadvantages has in comparison with Amazon's strategy?
How would a traditional brick-and-mortar store connect its databases to Amazon's if it decided to utilise FBA?
Chapter 15 Solutions
Operations Management
Ch. 15.2 - READING AT 3M, A LONG ROAD BECAME A SHORTER ROAD...Ch. 15.2 - READING AT 3M, A LONG ROAD BECAME A SHORTER ROAD...Ch. 15.9 - Prob. 1RQCh. 15.9 - Prob. 2RQCh. 15.9 - Prob. 3RQCh. 15.9 - Prob. 4RQCh. 15.9 - Prob. 5RQCh. 15.14 - Prob. 1RQCh. 15.14 - Prob. 2RQCh. 15 - Prob. 1DRQ
Ch. 15 - Prob. 2DRQCh. 15 - Prob. 3DRQCh. 15 - Prob. 4DRQCh. 15 - Prob. 5DRQCh. 15 - Prob. 6DRQCh. 15 - Prob. 7DRQCh. 15 - Prob. 8DRQCh. 15 - Prob. 9DRQCh. 15 - Prob. 10DRQCh. 15 - Prob. 11DRQCh. 15 - Prob. 12DRQCh. 15 - Prob. 13DRQCh. 15 - Prob. 14DRQCh. 15 - Prob. 15DRQCh. 15 - Prob. 16DRQCh. 15 - Prob. 17DRQCh. 15 - Prob. 18DRQCh. 15 - Prob. 19DRQCh. 15 - Prob. 20DRQCh. 15 - Prob. 21DRQCh. 15 - Prob. 1TSCh. 15 - Prob. 2TSCh. 15 - Prob. 3TSCh. 15 - Prob. 1CTECh. 15 - Prob. 2CTECh. 15 - Prob. 3CTECh. 15 - Prob. 4CTECh. 15 - A manager at Strateline Manufacturing must choose...Ch. 15 - Prob. 2PCh. 15 - A manager must make a decision on shipping. There...Ch. 15 - Prob. 1CQCh. 15 - Prob. 2CQ
Knowledge Booster
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
- The Internet has brought about significant changes to how an organization runs its business. With online content becoming more interactive and the popularity of social media, organization needs to re-think how they conduct their businesses over the Internet, such as e-bay, grabcar, etc.”Evaluate the above statement with relevant examples (that question is quite obvious and therefore I have replaced it with) : Suggest how may International customers pay for goods and services where their financial systems are not fully integrated into theInternational financial markets.arrow_forwardIs Amazon Web Services an enterprise-level platform?arrow_forwardWhat business tactic was used by imb when they bought their components from intel and microsoftarrow_forward
- How would a brick-and-mortar store utilise FBA? How would it link its information tools to those of Amazon?arrow_forwardApple increasingly selling millions of new iPhones directly to existing and new customers through their direct-to-consumer ecommerce web site and Apple retail stores, instead of through channel partners AT&T, Verizon, T-Mobile, and US Cellular, is an example ofarrow_forwardExplain why eBay is successful in the online auction marketplace and discuss itscompetitive advantage over Amazon?arrow_forward
- The electronic relationship is clearly the favored mode of commercial transaction in the current economic climate. Electronic relationship does bring together more consumers and suppliers, but it eliminates any form of direct and face to face interactions. For this specific reason, electronic relationships are considered a formidable challenge for many organizations. The most significant danger raised by electronic relationships is how to overcome consumers’ perception of online risks. Explain FIVE (5) strategies available to relationship marketers to reduce this perception of risk in electronic relationships.arrow_forwardExpertise. Does the 3PL have a deep talent pool with industry-specific supplychain knowledge?arrow_forwardWhat are the risks associated with backdoor (individualist) buying and selling?Why is Procurement department interested in controlling this business practice?arrow_forward
- what are the methods of market entry of microsoft companyarrow_forward1. What are the benefits associated with a comprehensive policy and procedure manual? Is there a downside to the manual’s being too comprehensive? 2. Consider the elements of the code of conduct developed by Caterpillar in Sourcing Snapshot: Caterpillar’s Code of Conduct. What are some specific examples of purchasing behavior that would violate elements of this code of conduct?arrow_forwardHow satisfied are customers and clients of 3PL services? What are the plans for third-party logistics suppliers to improve customer satisfaction?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
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
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.