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Purchasing and Supply Management Assignment-
Question 1 -
(a) The purchasing function has an influence on other business functions. Elaborate on such influence with examples.
(b) Explain with examples how Purchasing and Supply Management form an integral part of other broader management functions.
(c) Explain what are the problems associated with the performance evaluation of the purchasing and supply function in organizations.
Question 2 -
(a) Briefly explain the advantages that an organization will gain from subcontracting or outsourcing a specific service.
(b) Discuss the criteria for evaluating a potential supplier to deliver a goods or services in an organization.
Question 3 -
Explain what advantages you will have for your trading business if you choose to purchase your goods from a distributor instead of a manufacturer.
Discuss the process you would follow to generate and review requirements and specifications for procurement. What information would you gather as part of a procurement specification?
Evaluate the planning required for introduction of a new range of ethically sourced farm produce on the supply chain planning function of these businesses.
purchasing strategy and strategic purchasing, corporate and competitive strategie
What strategy would you use to manage stakeholders with high interest and high power? What type of document can you prepare to clarify stakeholders’ rankings of project scope, time, cost and other constraints. What are the most important success crit..
What are the barriers in perceived advantages of a new e-procurement system by the employees in an organization? How these risks could be mitigated?
Briefly describe the implications of poor forecasting on a supply chain. In other words, what are some of the bad things that can happen as a result of inaccurate demand forecasts?
An employee can produce an average of 10 units per month. Each worker on the payroll costs $2,000 in regular time wages per month.
What is the difference in safety stock quantities if blankets are managed using a fixed-time period model (P model) versus a Fixed-order quantity (Q model)?
How you could possibly determine their action is unethical and if so, then what will be your reaction to this behavior in a multi-cultural environment of negotiation.
What line of work is the company and what products or services does the company provide and From a strategy perspective, what is a corporate strategy
how tools may be used in productivity improvement initiatives -How should you proceed to minimize the number of testing required?
What is the most economical quantity of inventory to order? How many orders will you need to place each year? Are you carrying the proper amount of inventory of your main raw material? Why or why not?
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