Explain role that supply management plays in achieving goals

Assignment Help Supply Chain Management
Reference no: EM131960508

Assignment: Preparing for the Interview

You are working for a manufacturer of a specialized guidance system for the latest jet fighter aircraft used by several branches of the military. Your current position is as a senior supply management specialist reporting to the Vice President of Purchasing. She asks for your help in developing a series of questions to be used in interviewing and hiring a new junior buyer, an entry level position. You have agreed that the successful candidate will have 0-2 years of experience and a bachelor's degree in a related field. Most importantly, the new hire must have an excellent grasp of the current vocabulary and tools used in the professional practice of supply management. Knowing that you have recently completed at least one course in supply management, she now asks that you provide written answers to the questions so that the other interviewers can judge the candidates' knowledge. The questions are:

• Give examples of at least three different job titles within supply management and explain how they contribute to the success of an organization.

• Choose one department in a company (such as legal, logistic, operations, quality assurance, etc.), and explain how the company benefits from a facilitated integration of supply management with this internal partner.

• Explain the role that supply management plays in achieving sustainability goals in an organization.

• Select at least five items that would be considered when determining the total cost of ownership (TCO) for a piece of capital equipment. Classify each item as being either a positive or negative value if asked to complete the calculation.

• Name at least three characteristics that you share with professional negotiators. Explain why you believe each is important to your role in supply management.

• Select one method of using data to choose a new supplier. Summarize why you believe this is an appropriate, fair, and consistent method of conducting business.

• List at least three special considerations when seeking international sources of materials. Compare how each differs from doing business only within the United States.

• Explain the application of at least three types of fixed-price contracts. Determine the implications for the supplier and the purchaser for each type.

Your Summative Assessment

• Must be 1800-2400 words (excluding title page and references page) in length, double-spaced and formatted according to APA style as outlined in the Ashford Writing Center. Contextual (Level One)headings must be used to organize your paper and your thoughts. Must include a title page with the following:

o Title of paper
o Student's name
o Course name and number
o Instructor's name
o Date submitted

• Must address the topic of the paper with critical thought.

• Must utilize a minimum of 5 scholarly and/or peer-reviewed sources from the Ashford Library in addition to the textbook. Must document all sources in APA style, as outlined in the Ashford Writing Center.

• Must document all sources in APA style, as outlined in the Ashford Writing Center.

• Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.

Reference no: EM131960508

Questions Cloud

Implementation for systems development project : What would you do to ensure a successful implementation for your systems development project?
What is the total value of the portfolio : You are standing on February 15,1994: What is the total value of the portfolio? Compute the dollar duration of the portfolio.
Existing computerized process : Think of a simple process from your own experience that could be modeled with a FSM and post it to the forum.
Why is capital budgeting such an important process : Why is capital budgeting such an important process? Why are capital-budgeting errors so costly
Explain role that supply management plays in achieving goals : Assignment: Preparing for the Interview. Explain the role that supply management plays in achieving sustainability goals in an organization.
Loan balance just after making your third payment : Calculate your loan balance just after making your third payment.
Find the total asset turnover ratio : Use Table 1 for the following questions. The Total Debt to Total Asset ratio is: Return on Assets ratio is: The Total Asset Turnover ratio is.
Application development and the retention of data : The ability to read and write data from a text file is essential to application development and the retention of data.
Prepare journal entry for the issuance of the common stock : Share Issuances for Cash - Prepare the journal entry for the issuance of the common stock assuming that it had a stated value of $5 per share

Reviews

Write a Review

Supply Chain Management Questions & Answers

  Supply chain network design for cwc

This assignment explain the supply chain management process of cwc. What is the current annual supply chain cost?

  Criteria when making new location decisions

Identify a number of the typical criteria used when making new location decisions

  Draw the project network

Determine the mean critical path for Brent's job search process. What is the variance of the project duration?

  Compare and contrast economic - market, and relevancy

Please compare and contrast economic, market, and relevancy value.

  Brushing up on inventory control

Health system in Pennsylvania

  Supply chain strategy

Supply chain strategy

  What is the economic order quantity for fans in units

Nittany Fans of Lewistown, Pennsylvania, is a distributor of industrial fans used in plants, warehouses, and other industrial facilities.

  What factors reduce the capacity of the organization

What factors reduce the capacity of the organization to get its objectives?

  What is the total annual cost

What is the total annual cost

  Supply chain management questions

Briefly define the following two supply chain metrics: (i) inventory turnover ratio and (ii) supply chain velocity.

  Explain the supply chain management concept

Explain the supply chain management concept, Differentiate between public and private sector organisations in terms of their supply chain objectives and strategies

  How warehouses can add value in the supply chain

How warehouses can add value in the supply chain

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd