Supplier sourcing strategies in the purchasing department, Operation Management

Assignment Help:

Q. What are the Supplier sourcing strategies in the purchasing department?

Supplier sourcing strategies: It is the responsibility of the purchasing department:

a. Single sourcing as an example, the organisation sources an exact material, component or service through one supplier only.

b. Multiple sourcing as an example the organisation sources an exact material, component or service from various suppliers concurrently.

c. Delegated sourcing as an example the organisation outsources purchasing decisions to another third party or say external organisation, business process outsourcing (BPO).

d. Parallel sourcing as an example the organisation uses a combination of two or further of the above typologies.


Related Discussions:- Supplier sourcing strategies in the purchasing department

Production control function, Production control Function 1. Dispatchi...

Production control Function 1. Dispatching : Dispatching may be  defined as setting  production activities in motion through  the  release  of orders ( work order shop order)

Case Study, #quBloomsday Outfitters produces T-shirts for road races. They ...

#quBloomsday Outfitters produces T-shirts for road races. They need to acquire some new stamping machines to produce 30,000 good T-shirts per month. Their plant operates 200 hours

Plant location evaluation methods.., i need calculated examples using the m...

i need calculated examples using the methods of plant location evaluation.how are they calculated?

Explain incurring liability under the equal pay act, Jill and Seth, recent ...

Jill and Seth, recent graduates, were hired as computer analysts for HRJ Enterprises. In a conversation over lunch, Jill discovered that Seth's salary was 15% higher than hers. Ass

Explain different forecasting techniques, An analyst must decide between tw...

An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is

Describe corporate strategy and ethical issues, Discuss corporate strategy ...

Discuss corporate strategy and ethical issues surrounding a human resource strategy cantered around hiring software engineers on work visas at equivalent salaries or sourcing engin

Explain how many mocha latte coffees would be forecast, 4.31 Coffee Palace'...

4.31 Coffee Palace's manager, Joe Felan, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Joe has gathered the fol

Explain the legal environment of hrm includes eeo, The Legal environment of...

The Legal environment of HRM includes EEO, Affirmative Action, and Americans with Disabilities Act. Discuss each explaining significance.

Application of transportation models, Application of Transportation Models:...

Application of Transportation Models: 1. Transportation  Management  solution allow  importers exporters  and logistics providers to  manage the spiralling costs associated wi

Production & Purchasing Managements, Hierarchical planning in operations/Pr...

Hierarchical planning in operations/Production managemnt and the types of time frames in each hierarchy?

Write Your Message!

Captcha
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