How IT can be applied in supply chain management ?
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: What is a Data warehouse and what information does it facilitate in a supply chain?
A: Data Warehouse: Data collected at the point of sale when the customers make a purchase is stored and…
Q: What are the supply chain management strategie, tactical, and operational responsibilities?
A: Commercial, Supply Chain Management (SCM), logistics and service management, between organizations…
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 the relationship between supply chain management and operations processes?
A: The management of resources to build and deliver products and administrations is included in…
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: 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: What is Supply Chain Management. Discuss the many components involved as well.
A: Management is the process of organizing a company's actions and resources to achieve certain…
Q: How does supply chain management adds value??
A: Supply chain mangement is the important aspect of the business organisation as the management of…
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: What differences exist between supply chains for service organisations and supply chains for…
A: The management of the supply chain encompasses all processes that turn raw materials into finished…
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 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: what is the Supply chain management in H&M?
A: H and M is the second largest retail fashion brand in the world. It is known for its affordable…
Q: What are the key competencies of a supply chain company and its competitive advantage
A: Global business leadership: If your supply chain isn't worldwide now, it presumably will be soon.…
Q: supply chain
A: Business analytics is a method or technology which helps the business to find out and explore 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: 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: . What are some recent trends in supply chain management?
A: The supply chain management system plays an important role in an organization. The main function of…
Q: How Supply Chain Decisions Can Affect ROA?
A: Supply chain management is the management of the flow of goods and services which includes raw…
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- 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?
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