Operations Management
13th Edition
ISBN: 9781259667473
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Question
Chapter 15.9, Problem 4RQ
Summary Introduction
To determine: The uses for internet for procurement reduce mistakes and how using the internet made the benefit possible.
Introduction: Cost reduction is a designed constructive approach to decrease expenses. It is a remedial purpose by continuous procedure of examination of expenses, capacities etc; for further economy in purpose of aspects of manufacturing.
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Chapter 15 Solutions
Operations Management
Ch. 15.2 - READING AT 3M, A LONG ROAD BECAME A SHORTER ROAD...Ch. 15.2 - READING AT 3M, A LONG ROAD BECAME A SHORTER ROAD...Ch. 15.9 - Prob. 1RQCh. 15.9 - Prob. 2RQCh. 15.9 - Prob. 3RQCh. 15.9 - Prob. 4RQCh. 15.9 - Prob. 5RQCh. 15.14 - Prob. 1RQCh. 15.14 - Prob. 2RQCh. 15 - Prob. 1DRQ
Ch. 15 - Prob. 2DRQCh. 15 - Prob. 3DRQCh. 15 - Prob. 4DRQCh. 15 - Prob. 5DRQCh. 15 - Prob. 6DRQCh. 15 - Prob. 7DRQCh. 15 - Prob. 8DRQCh. 15 - Prob. 9DRQCh. 15 - Prob. 10DRQCh. 15 - Prob. 11DRQCh. 15 - Prob. 12DRQCh. 15 - Prob. 13DRQCh. 15 - Prob. 14DRQCh. 15 - Prob. 15DRQCh. 15 - Prob. 16DRQCh. 15 - Prob. 17DRQCh. 15 - Prob. 18DRQCh. 15 - Prob. 19DRQCh. 15 - Prob. 20DRQCh. 15 - Prob. 21DRQCh. 15 - Prob. 1TSCh. 15 - Prob. 2TSCh. 15 - Prob. 3TSCh. 15 - Prob. 1CTECh. 15 - Prob. 2CTECh. 15 - Prob. 3CTECh. 15 - Prob. 4CTECh. 15 - A manager at Strateline Manufacturing must choose...Ch. 15 - Prob. 2PCh. 15 - A manager must make a decision on shipping. There...Ch. 15 - Prob. 1CQCh. 15 - Prob. 2CQ
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Similar questions
- How does use of the Internet for procurement reduce mistakes?Indicate how using the Internet made that benefit possible.arrow_forwardThe selection of a supplier establishes the crucial issues that will determine whether the organization's procurementprocess is successful or unsuccessful. Critically examine how Food Lovers (fresh fruit and vegetables, meat supermarket) will detect which supplier is able to supply its requirements satisfactorily, both strategically and operationally in the short and long term. Kindly use examples to explain answers more in detailarrow_forwardWhat criteria should organizations use to select suitable vendors for mobile device procurement?arrow_forward
- Identify how technology is playing a key role in the procurement and supply process and the main benefits obtained from the use of information technology.arrow_forwardUse any company as an example and discuss the importance of Procurement Management, considering the activities of procurement and the relationship of the procurement function with other department in that specific company.arrow_forwarda) What challenges have been faced by various bodies when implementing e-procurement in acquisitioning goods and services. b) Suggest possible measures/ solutions that can be under taken to offset the challengesarrow_forward
- How does a corruption scheme in procurement work? What are the goals of any procurement-related corruption strategy? What are the different strategies to prevent contact and procurement fraud by actively evaluating and estimating their risk exposure and their vulnerability to fraud?arrow_forwardIncreasingly, business buyers are purchasing all kinds of products and serviceselectronically, either through electronic data interchange links (EDI) or on the Internet. List the benefits of “cyberpurchasing” and “e-procurement.arrow_forward1) Describe the different types of e- commerce business models available for procurement and point out their respective benefits and disadvantages. 2) Discuss the advantages and disadvantages of using e-commerce in the procurement process. 3) How should companies evaluate suppliers?arrow_forward
- How can software assist in procuring goods and services? What is e-procurement software? Do you see any ethical issues with e-procurement? For example, should stores be able to block people with smart phones from taking pictures of barcodes in their stores to do comparison shopping? include referencesarrow_forwardWhat is Value for Money (VfM) in the context of procurement? Discuss five (5) of the key steps you will take to ensure the achievement of VfM for procurement in your organization.arrow_forwardIt's worth noting that procurement is linked to one of the management processes in the executing process division. What makes procurement such an important part of the execution process?arrow_forward
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