Purchasing and supply management-vendor negotiations

Assignment Help Operation Management
Reference no: EM131034508

Purchasing and Supply Management- Project Overview (please cite references)

Vendor negotiations:

• What types of questions do you ask a potential vendor to ensure the right relationship between the two of you and the right fit for your organization?

• Even when you have settled on a particular vendor, what are the advantages of establishing relationships with other vendors competing with the one you selected?

• What are the benefits of keeping the vendor involved with your business and its evolving needs?

• How might a vendor scorecard be an advantage in negotiations? What kind of information would your scorecard contain?

Reference no: EM131034508

Questions Cloud

Defined by the organisational culture profile model : Describe the seven (7) dimensions of organizational culture as defined by the Organisational Culture Profile (OCP) model. Explain how a strong corporate culture can help a company achieve success.
Compliance and monitoring program : You have been hired by XYZ Corporation as an external consultant to develop a Sarbanes-Oxley compliance and monitoring program. Write a letter to the shareholders to be included in the annual report that details your results. Write a closing statemen..
Most important benefits to centralized purchasing authority : Discuss the 2 or 3 most important benefits to centralized purchasing authority. Justify your choices. Discuss the 2 most important benefits to decentralized purchasing authority. Justify your choices.
How much money should condo borrow from the bank : Condo Construction Company is going to First National Bank for a loan. At the present time, the bank is willing to lend Condo up to $1 million, with interest costs of 10%. Condo believes that the amount of borrowed funds needed during the current yea..
Purchasing and supply management-vendor negotiations : What types of questions do you ask a potential vendor to ensure the right relationship between the two of you and the right fit for your organization? Even when you have settled on a particular vendor, what are the advantages of establishing relation..
Purchasing and supply management-skill of purchasing manager : Purchasing and Supply Management- Project Overview (please cite reference) Role and skills of a purchasing manager: Where has emphasis been placed historically on the role and the skills needed for a purchasing manager? How have the role and supporti..
What is the cycle time throughput and throughput efficiency : The manager finds that there are 100 applications in the system. Based on the last week’s performance, his staff can process 1000 applications in a week (assume one week has 5 days and one day has 8 hours). Suppose it takes 10 minutes to process one ..
Which is single factor and multi-factor productivity : A barber shop has 3 employees and processes 60 customers. The total wage bill is 540 dollars with tips of 600 dollars. Calculate the number of customers per employee and the number of customers per dollar. For the calculated productivities, which is ..
What are the undesirable consequences : Samuel Mulbah is operations manager for a local office of a top ranked full-service brokerage firm. With increasing competition from both discount and online brokers, Samuel’s firm has redirected attention to attaining exceptional customer service th..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Excel can be used to handle big data analytics well

Excel can be used to handle big data analytics well. There is no deference between .xls and .xlsx ?les. It is possible that an LP problem can have in?nite optional solutions. Level curve methods are as robust as corner point methods for solving two v..

  The technology informatics guiding education reform

Review nursing informatics competencies such as those outlined by the American Nurses Association (ANA), the Technology Informatics Guiding Education Reform (TIGER), and the Quality and Safety Education for Nurses (QSEN).

  By using the six sigma dmaic process make a new process

create an 8-10 slide ms powerpoint presentation with detailed speaker notes. include the followingidentify which iso

  Is it important for companies to have a structured

Is it important for companies to have a structured, formalized pay system as opposed to a subjective method of supervisors determining individual pay increases?

  Activities and processes to procure goods and services

This is the final draft to the best plan that was done previously... the requirements needed to have a successful practie plan: Articulates activities and processes to procure goods and services.

  Trade unions and multinational companies

"Trade Unions and Multinational Companies" Please respond to the following: Examine one (1) of the constraints that trade unions have placed on multinational companies. Propose two (2) possible actions that multinational companies can take in order t..

  Competitive compensation and benefits package

In addition, exit interviews with recent quits confirm what the attitude survey you conducted last year: morale is low, despite a competitive compensation and benefits package.

  Write down the three project team structures what are some

what are the three project team structures? what are some of the elements that differentiate the team structures from

  Elucidate this performance compare to practical worst case

Elucidate how does this performance compare to practical worst case. Illustrate what would happen to throughput of line if we increased capacity at a non-bottleneck station also held WIP constant at its current level.

  Pay for the power that is generated by the solar panels

Joe is considering installing solar panels on the roof of his home, in Sun City, Arizona. If he goes forward, he will pay the installation firm but will save money on its electric bill. Draw an influence diagram. Now suppose that another uncertainty ..

  What is the cost to inspect each unit

A) What is the cost to inspect each unit? B) Is there benefit (or loss) from the current inspection process? How much?, Hourly, and Per Unit? C) Based on the above parts, what is your conclusion?

  Determine the least squares regression equation

City government has collected the following data on annual sales tax collections and new car registrations over the past 7 years: Determine the least squares regression equation. What does a and b represent in the context this problem?

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