Operations Management: Processes And Supply Chains (12th Global Edition) - Does Not Include Mylab Operations Management
12th Edition
ISBN: 9780134890357
Author: Lee J. Krajewski, Manoj K. Malhotra
Publisher: Pearson Global Edition
expand_more
expand_more
format_list_bulleted
Question
Chapter 14, Problem 2C
Summary Introduction
Interpretation: Difference between the purchasing policies and procedures should be concluded as the dealerships purchase different types of service parts ad materials.
Concept Introduction: Any company’s supply chain is required to cater to the entire range of products and services required by the company. There are likely to be variations in the types of products and even services. The type of suppliers and the arrangements with suppliers have to be, essentially, suitable for each individual product/service depending on the type of requirements as well as the specific supply chain available in the market for such product/service. Thus, the organization needs to build flexibility and variations in its
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
How might purchasing policies and procedures differ as the dealerships purchase different types of service parts and materials (for example, lubricants versus genuine GM parts)?
Ethics RFID tags are extremely useful for retailers, but
many consumers have responded negatively to them,
even calling them "spy chips." What are the ethical issues
that retailers must be aware of when they use these
chips? What responsibility do retailers have to educate
consumers about how they will use the information con-
tained in these chips?
What product characteristics would be necessary for a product to be able to havea supply chain that is simultaneously both efficient and responsive?
Chapter 14 Solutions
Operations Management: Processes And Supply Chains (12th Global Edition) - Does Not Include Mylab Operations Management
Ch. 14 - Prob. 1DQCh. 14 - Prob. 2DQCh. 14 - Prob. 3DQCh. 14 - Prob. 4DQCh. 14 - Prob. 5DQCh. 14 - Prob. 1PCh. 14 - Eight Flags operates several amusement parks in...Ch. 14 - Prob. 3PCh. 14 - Beagle Clothiers uses a weighted score for the...Ch. 14 - Prob. 5P
Ch. 14 - Prob. 6PCh. 14 - Prob. 7PCh. 14 - Prob. 8PCh. 14 - Prob. 9PCh. 14 - Prob. 10PCh. 14 - Acadia Logistics anticipates that it will need...Ch. 14 - Prob. 12PCh. 14 - Prob. 13PCh. 14 - Prob. 1VCCh. 14 - Prob. 2VCCh. 14 - Prob. 3VCCh. 14 - Prob. 4VCCh. 14 - Prob. 1CCh. 14 - Prob. 2CCh. 14 - Prob. 3C
Knowledge Booster
Similar questions
- A procurement system enables the firm to generate demand forecasts for a product and to develop sourcing and manufacturing plans for that product. [Sistem perolehan membolehkan syarikat menghasilkan ramalan permintaan untuk produk dan mengembangkan rancangan sumber dan pembuatan untuk produk tersebut.] Select one: O True O Falsearrow_forwardShould management weigh the benefits of holding products in several places across multiple areas versus delivering things vast distances to customers? Why or how is this the case? Give an explanation and some instances.arrow_forwardCompetitive Dimensions include I. Delivery Reliability II. Location III. Brand IV. Quality V. Price Option I and III Option I and IV Option I, IV and V Option II and IVarrow_forward
- Supplier power is high when buyers have ________ choices from whom to buy and low when buyers have ________ choices. Group of answer choices few; few few; many many; many many; fewarrow_forwardSometimes a company may need to purchase goods or services that are unique, very complex, and/or extremely expensive. These would not be routine purchases, but there may be a number of vendors that could supply what is needed. What process would be used to transmit the company’s needs to the available vendors, asking for a detailed response to the needs?arrow_forwardK Kamal Fatehl production manager of Kennesaw Manufacturing, finds his profit at $30,800 (as shown in the statement below) inadequate for expanding his business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve profit line to $40,800 so he can obtain the bank's approval for the loan. % of sales Sales 280,000 100% Cost of supply chain purchases 182,000 65% Other production costs 39,200 14% 10% Fixed costs Profit 28,000 30,800 11% a) What percentage improvement is needed in a supply chain strategy for profit to improve to $40,800? What is the cost of materialarrow_forward
- Prepare a short research paper explaining how to source computer chips which will be used in the manufacturing of the computers for your company who is planning to build them in China. Be sure to explain the entire sourcing and qualification process necessary in developing the entire Supply Chain. Explain the key factors involved and how they will impact your operations. Identify all companies you will be considering as vendors and explain why their selection. The paper should be double spaced in MLA format and contain at least 2 academic references not including textbook which can be used as well and as many websites needed, all will need to be MLA format on a separate reference page.arrow_forwardA sourcing strategy is essentially a business case for an organisation to determine an optimal approach to procure resources. AusMed which manufactures medical ventilators, wants to procure a heating tube which is a critical component of humidification equipment. In comparison to the value of the ventilator, the heating tube cost less. Moreover, there are very few suppliers in the world that can supply the heating tubes. Outline the steps involved in the sourcing the heating tube? Discuss what sourcing strategy that AusMed needs to adopt while procuring heating tube?arrow_forwardCan someone explain me this Context Diagram?arrow_forward
- What three factors are considered while purchasing hardware?arrow_forwardWhat was the packaging system of pepciCo supply chain management. (Answer should be free of plagiarism and should have proper facts and figures with relevant examples)arrow_forwardWhat are the main differences between RMI and EJBarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning