MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Processes and Supply Chains
MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Processes and Supply Chains
11th Edition
ISBN: 9780133885583
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Chapter 14, Problem 1C
Summary Introduction

Interpretation: Salient factors to be considered to establish a supplier relationship process for suppliers of Wolf Motors-a dealer of automobile parts.

Concept Introduction: Right from the activity of developing a supply chain to the continual improvement of the chain, supplier relationship processes are to be designed and implemented. Such processes are essential to build and operate an efficient and responsive supply chain.    

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What recommendations would you make to John Wolf with respect to structuring the supplier relationship process for the Wolf Motors dealershipnetwork?
Hi, We're looking to replace some of our associate learning and development (L&D) processes towards utilising Al (Artificial Intelligence). I've provided some data on three Al suppliers and the costs of our current L&D processes. Please could you let me know which supplier would give us the greatest savings after five years, if we were to replace our current L&D process with one of these Al systems? Al suppliers: Upfront cost: Annual license: Discount: Costs of current process: Resource Thanks, Ricardo Associate Payment Accommodation (Expenses) Transport (Expenses) Loopo Circuits £14,500.00 £5,820.00 £2,560.00 £1,440.00 Catering (Expenses) £480.00 Vovue Al £13,940.00 £7,300.00 15% off annual license £12,800.00 Cost (Average per Year) Select an option below to reply. Wazaar Cyber will be the cheapest supplier. However, even going with Wazaar, changing our process will not save us any money after five years. Loopo Circuits will be the cheapest supplier. In comparison to the current…
Op2. Define the parties involved directly and indirectly in the supply chain and their role in the smooth running of the business?
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