Explain how can the company do improvement in Supply chain system?
Q: What is Supply chain management and provide an example of it.
A: A supply chain can be understood as a series of entities that form the mechanism of input supply as…
Q: Create a list of various costs associated with supply chain management with their explanations?
A: Goods Warehouse Costdistribution centres and warehouses that have to do with the storage, receiving,…
Q: What are 3 eco system services?
A: Small Introduction of Ecosystem Services The various and varied advantages to people supplied by…
Q: With proving examples from the case information provided - Discuss any 4 important supply chain…
A: A supply chain refers to a network between a business organization and suppliers. It helps to…
Q: Explain the supply chain steps in terms of key processes.
A: Supply preparation, inventory planning, market planning, distribution and operations planning, and…
Q: What is supply chain managment?
A: In an organization, there are a number of departments looking at their specific function. Like the…
Q: What is supply chain management and why is it important to a company?
A: Supply chain management is a crucial factor for the success of a business. The management of the…
Q: Explain how to manage with supply chain in a more effective way?
A: A supply sequence is a chain arrangement between the interested parties of the business either is a…
Q: How can supply chain management create a long-term competitive advantage for companies?
A: Supply chain management refers to the process of managing different resources involved in producing…
Q: State examples of supply chain sustainability efforts in operations
A: The following are some initiatives designed to ensure supply chain sustainability.
Q: How IT can be applied in supply chain management ?
A: Supply chain management (SCM) involves dealing with the movement of products and communications…
Q: What is Supply Chain Fulcrum?
A: The supply chain is one of the business operations that deal with all the activities starting from…
Q: Identify contemporary challenges facing operation and supply chain manager?
A: Operations management is the management of a business's business processes to maximize efficiency.…
Q: Discuss the challenges and solutions of a company in supply chain.
A: A supply chain is connected with the system of companies, their duties and responsibilities,…
Q: supply chain
A: Every company will small as a startup where the founder will make certain innovation. The founders…
Q: How can financial risks in a supply chain be managed?
A: Supply chain management is the management of the flow of goods and services which includes raw…
Q: Discuss what is the inter connection between operations process and supply chain management?
A: There are several connections between supply chain management and operational procedures:
Q: what does supply chain strategy focus upon?
A: A supply chain is a network between a business and its suppliers to manufacture and sell to the…
Q: Give a company example that had disruption in its supply chain and how it could have prevented it ?
A: To be determined: Give a company example that had its supply chain disrupted and how could it have…
Q: What are the challenges Amazon faces, and what are the implications for its supply chain?
A: Amazon isn't just the global leader in online business, it correspondingly offers the unbelievable…
Q: Explain the significance of a good supply chain for a organisation
A: A supply chain is a network between a company and its suppliers to produce and distribute a specific…
Q: List down the latest trends in the supply chains ?
A: Supply chain: When a company's final product or service is distributed to clients, it completes the…
Q: How often does a business update and optimise its activities and supply chain strategies?
A: Any company should upgrade and refine its processes and supply chain plans at least once a year. Any…
Q: Why research supply chain operations management?
A: There is a compelling need to research operations management for the following reasons:
Q: What is meant by EDI in supply chain management
A: Electronic Data Interchange (EDI) seems to be a term that refers to how data is exchanged…
Q: Discuss the relevant problems that operation and supply chain manager face?
A: Operations management is the practise of managing a company's operations to maximise efficiency.…
Q: Why is it important for a firm to manage the relationshipsalong its supply chain?
A: A supply chain is a business function that integrates all other functions. This process focuses on…
Q: w IT can be applied in Supply Chain Management citing example
A: Supply chain management (SCM) is bothered with the flow of product and information between the…
Q: Compare Supply Chain and Supply Chain Management?
A: Supply chain- The mechanism that links a company with its suppliers to produce and deliver a certain…
Q: Identify the relevant problems that operation and supply chain manager face?
A: Operations management is the management of a business's business processes to maximise efficiency.…
Explain how can the company do improvement in Supply chain system?
Step by step
Solved in 2 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?