Operations Management: Processes and Supply Chains (11th Edition)
11th Edition
ISBN: 9780133872132
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Question
Chapter 14, Problem 4VC
Summary Introduction
Case Summary:
This case deals with problems faced in sourcing. It describes about the sourcing strategy followed by Starwood.
Interpretation:The metrics to be used by Starwood in evaluating the performance of the supplies of bed linen and terrycloth.
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In addition to performing value analysis on the services its properties offer, Starwood evaluates the performance of its suppliers against contract metrics. Using the bed linens and terrycloth supplier as an example, describe some of the metrics Starwood should use.
Supply Chain Performance refers to the extended supply chain’s activities in meeting end-customer requirements, including product availability, on-time delivery, and all the necessary inventory and capacity in the supply chain to deliver that performance in a responsive manner.Supply Chain Performance crosses company boundaries since it includes basic materials, components, subassemblies and finished products, and distribution through various channels to the end customer.It also crosses traditional functional organization lines such as procurement, manufacturing, distribution, marketing & sales, and research & development.To win in the new environment, supply chains need continuous improvement. With this regard,Discuss in detail, the fundamental methodologies used to measure the supply chain performance.
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.
Chapter 14 Solutions
Operations Management: Processes and Supply Chains (11th Edition)
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- Should all products and services in a company be in the same supply chain model? Why?arrow_forwardpropose the major steps that the organization would follow in implementing a sales and operations plan in its supply chain. make use of relevant examples to support your answer.arrow_forwardDiscuss the basic concept of the supply chain, paying attention to the role players of the supply chain. Then, consider the supply chain of Pick’n Pay and with the aid of a suitably labelled diagram, discuss the role players of the supply chain of the company (You may select any product that Pick n Pay sells for this question).arrow_forward
- To appoint the right suppliers, analysis on the suppliers’ ability to meet satisfactory quality, delivery, quantity, price or cost, and service should be done. They also should achieve other criteria to strengthen their efficiency too. Elaborate any four (4) criteria to be fulfilled.arrow_forwardOutline and critically assess some supply chain tools.arrow_forwardAs a supply chain and logistics management student, you have completed key aspects of thediscipline throughout your qualification, namely, purchasing management, supplier relationshipmanagement, warehouse management and strategic supply chain management.This question requires you to reflect on your knowledge and understanding of supply chainmanagement. You are required to write a one-page report where you reflect on:• Which areas of this module did you find most interesting and challenging to learn about?Why?• If the procurement process for inventory is not ethically done, what do you think would bethe impact on organisations?• Do you think the individual responsible for managing inventory i.e., performing ABC analysesor tracking inventory through a warehouse needs to be analytical? Why or why not?• Would using artificial intelligence through computer programs give a non-analytical personan advantage?• Could a career in inventory management be the future for you? Why or why not?arrow_forward
- what is the future setup of supply chain management. explain thoroughlyarrow_forwardUse a diagram to illustrate the concept of supply chain management and fully explain it.arrow_forwardDevelop a list of topics that nonpurchasing personnel should be allowed to talk about with their counterparts at suppliers. Develope a list of topics that only purchasing should be allowed to talk about with suppliers.arrow_forward
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