Understanding Management
11th Edition
ISBN: 9780357033821
Author: Richard Daft
Publisher: South Western Educational Publishing
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Chapter 10, Problem 7AYSSL
Summary Introduction
To determine:
When working on project, I prefer to:
A. explore various options.
Introduction:
Before everything going from a project, the amount of planning as well as work required can look mind-boggling. There is dozens, or perhaps hundreds in reference to tasks that one ought to be done found in exactly the correct chance and in just the correct sequence. trained project managers comprehend it will likely be more easy as far as wert on duty the details of a project together with take steps in the proper request in the event you smash powerful project low within a number of options.
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Nick is the non-ferrous metals category manager (in-charge of nickel cathodes) of Better
Battery Co., a battery manufacturer. He has sourced his nickel cathode supplies from two
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Being in the procurement team for one of the major automotive companies such as GM or Toyota.
How to Appraise the best strategy to source for microchips based on portfolio analysis. Give reasons to support in the context of the automotive industry.
Note: The procurement spend on microchips is a small fraction of the Bill Of Materials
(BOM) of an automobile.
One of the challenging issues in determining the appropriate sourcing strategy is whether a company should choose 'single sourcing (i.e. the company buys the entire item from one supplier)' or multiple sourcing (i.e. the company buys an item from more than one suppliers)'.
Using the five objectives of procurement
Examine which procurement objectives can be best served via 'single sourcing.' Give reasons
Another issue in determining the appropriate sourcing strategy is whether to choose a large or small supplier. Again, show which procurement objectives can be best served with a large supplier. Provide supporting reasons.
Chapter 10 Solutions
Understanding Management
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