Topic 5 Quick Check OPS_330T

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University of Phoenix *

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330T

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Electrical Engineering

Date

Apr 3, 2024

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pdf

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4

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3/6/24, 12:30 PM Topic 5 Quick Check - Supplier Evaluation and Selection — OPS/330T: Strategic Operations and Logistics - 2023 https://app.myeducator.com/course/activity.lti/1773c/3117750143292858369/ 1/4 Points: 15 Submission Score 15 / 15 (100.00%) Submit Time Feb 23 at 20:31 Grade Time Feb 23 at 20:31 Graded on Feb 23 at 20:24 Submission #1: Graded on Feb 23 at 20:31 Submission #2: 1 Monitoring inventory Choosing the right supplier Getting the lowest price Checking deliveries for accuracy 2 / 2 (100.0%) 2 Routine Critical Leverage Bottleneck 2 / 2 (100.0%) 3 Establish strong buyer-supplier relationships.
3/6/24, 12:30 PM Topic 5 Quick Check - Supplier Evaluation and Selection — OPS/330T: Strategic Operations and Logistics - 2023 https://app.myeducator.com/course/activity.lti/1773c/3117750143292858369/ 2/4 Require suppliers to deliver high-quality products in advance. Require suppliers to deliver products simultaneously. Establish buyer dominance. 2 / 2 (100.0%) 4 Relationship Location Buying from a friend eCommerce 2 / 2 (100.0%) 5 Lower prices and better service Access to a wider bundle of products and emerging technologies Invest more resources in supplier selection and management Higher value and more resources 2 / 2 (100.0%) 6 Reverse psychology Negotiation Low-ball bidding Blackmail
3/6/24, 12:30 PM Topic 5 Quick Check - Supplier Evaluation and Selection — OPS/330T: Strategic Operations and Logistics - 2023 https://app.myeducator.com/course/activity.lti/1773c/3117750143292858369/ 3/4 1 / 1 (100.0%) 7 Performance on potential orders Supplier preferences The same metrics you used to select the supplier How nice the supplier is 1 / 1 (100.0%) 8 Multi-criteria analysis is complex and requires intense data crunching. Multi-criteria analysis enables you to qualify quantitative issues. Multi-criteria analysis is widely applicable; that is, you can use it whenever decision-making requires comparing options. Multi-criteria analysis erases the need to do your homework in order to make a good decision. 1 / 1 (100.0%) 9 Nuisance Exploitable Development Core 1 / 1 (100.0%)
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3/6/24, 12:30 PM Topic 5 Quick Check - Supplier Evaluation and Selection — OPS/330T: Strategic Operations and Logistics - 2023 https://app.myeducator.com/course/activity.lti/1773c/3117750143292858369/ 4/4 Copyright © 2024 MyEducator. All rights reserved. 10 Increase the amount you spend Increase the amount of service you ask for Increase the demands on the supplier Call the supplier more frequently to talk 1 / 1 (100.0%) Started on Mar 06 at 10:30 Submission #3: Need Help?