EBK UNDERSTANDING MANAGEMENT
10th Edition
ISBN: 8220101442185
Author: MARCIC
Publisher: YUZU
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Question
Chapter 2, Problem 1ED
Summary Introduction
To determine:
On the statement to proceed and use the document for the benefit of the company making sure that such confidential information should not be passed.
Introduction:
Confidential information refers to the communication which is privileged and shared with a selected individual for furthering specific motive such as providing information to doctors for the healing of disease or information provided to an attorney for dealing with legal matters.
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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.
According to 'AutoForecast Solutions', the global automotive industry lost 11.3 million units of production in 2021 due to the shortage of microchips. In fact, the shortage is one of the reasons that Tesla is not going to introduce new models of cars this year.
I have learned 'Portfolio Analysis' as a part of the strategic sourcing process. Would like to know what is the purpose of conducting portfolio analysis?
using own words and not a generic one
Chapter 2 Solutions
EBK UNDERSTANDING MANAGEMENT
Ch. 2 - Prob. 1OTJVCCh. 2 - Prob. 2OTJVCCh. 2 - Prob. 3OTJVCCh. 2 - Prob. 1DQCh. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - Prob. 4DQCh. 2 - Prob. 5DQCh. 2 - Prob. 6DQCh. 2 - Prob. 7DQ
Ch. 2 - Prob. 8DQCh. 2 - Prob. 9DQCh. 2 - Prob. 10DQCh. 2 - Prob. 1SLCh. 2 - Prob. 2SLCh. 2 - Prob. 3SLCh. 2 - Prob. 4SLCh. 2 - Prob. 5SLCh. 2 - Prob. 6SLCh. 2 - Prob. 7SLCh. 2 - Prob. 8SLCh. 2 - Prob. 9SLCh. 2 - Prob. 10SLCh. 2 - Prob. 1GLCh. 2 - Prob. 1ALCh. 2 - Prob. 2ALCh. 2 - Prob. 3ALCh. 2 - Prob. 4ALCh. 2 - Prob. 1EDCh. 2 - Prob. 2EDCh. 2 - Prob. 3EDCh. 2 - Prob. 1CFCACh. 2 - Prob. 2CFCACh. 2 - Prob. 3CFCA
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