Recognize the major concepts that defi ne the operations and supply chain management field.
Q: Specify the five major decision responsibilities of operations and supply chainmanagement?
A: The five major decision responsibilities of operations: Design of Goods and Services. Quality…
Q: Explain the 5 main decision made by operations and supply chain manager?
A: The supply chain is a network of distribution points responsible for acquiring raw materials,…
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: Provide an assessment of what the FIVE (5) performance measures in operations and supply management
A: The supply chain is the system of processes, employees, resources, and technologies that help to…
Q: Identify the elements of operations and supply chain management (OSCM).
A: Operations management would concern about the production of products and services and it manages the…
Q: Describe the structure of supply chains in operation management.?
A: Introduction- Supply chain management is process of managing services and goods from raw resources…
Q: Compare and contrast Supply chain management with Operations Management
A: Business will create value for customers in terms of products and services. A business will always…
Q: Give a brief explanation of the words supply chain and operations management.
A: Production is the process of creating goods and services for consumption by combining numerous…
Q: Recognize the major concepts that define the operations and supply chain management field.
A: Operations management would concern about the production of products and services and it manages the…
Q: Why is used operations management?
A: The operations management, as per business dictionary, is to design execute and control the…
Q: State how the decision making an important element of operations management ?
A: Operations management is the management in which operations of production and redesigning processes…
Q: The eight operations and supply chain competitive dimensions.
A: What is Economic/Competitive Dimension:- 1.Concern for obtaining and the executives of monetary…
Q: What are the five most important choices that operations and supply chain administrators make?
A: The supply chain is a distribution network that performs tasks such as procuring raw materials,…
Q: What is the chief role of the operations manager?
A: The operations managers are a pivotal position in any type of organization. The precise roles of…
Q: Explain what is the inter-connections between operations process and supply chain management?
A: The links between supply chain management and operational procedures are as follows:
Q: State contemporary challenges facing operations and supply chain manager ?
A: Operations control is the procedure of optimising a business's systems and processes. Profitability…
Q: BRIEFLY DISCUSS AND DESCRIBE THE TERMS OPERATIONS MANAGEMENT AND SUPPLY CHAIN
A: Operations management is defined as the actions and decisions taken by the participants and members…
Recognize the major concepts that defi ne the operations and |
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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?