Purchasing and Supply Chain Management
6th Edition
ISBN: 9781285869681
Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher: Cengage Learning
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Question
Chapter 8, Problem 11DQ
Summary Introduction
To explain: The principles of TQM a well-developed supplier evaluation and selection process must satisfy.
Supplier
It is the system which the quality of the suppliers is managed by following a proactive and collaborative approach. It is a catalyst for management to handle costs and ensure quality in the suppliers.
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Is a supplier certification process—with measures for quality, delivery, and cost performance—displayed?
the actions that the buyer could take to balance technical award criteria when selecting suppliers.
There are newer trends in collaboration in supplier selection , what are they ?
Chapter 8 Solutions
Purchasing and Supply Chain Management
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- Discuss the importance of the P2P to both the supplier including the impact on the relationship. Do you have an example of the P2P systems not working as it should in your own purchasing history?arrow_forwardWho should be accountable for supplier relationship management Is it better handled by procurement or the department who are dependent on the supply of goods/services?arrow_forwardIn two—AerCo and TransCo—companies there was evidence of long-term relationships with suppliers and a heavy reliance on their supply base for competences other than simple manufacture. AerCo have, in recent years, sought to consolidate their supply base and transition their suppliers away from the delivery of discrete parts to the delivery of systems, sub-systems and modules. This has meant that design responsibility has transferred from AerCo to the supplier, with these new suppliers being classed as ‘‘integrators’’. AerCo have classed these organisations into a classification that ranks the integrators competence. This ranges from ‘‘systems integrators’’ that are capable of designing and delivering complex systems to ‘‘packaging integrators’’ that are able to integrate components into a complete kit that will be sold as a spares package. As integrators are responsible for more than the manufacture of a product they are rewarded appropriately. Systems integrators are contracted under…arrow_forward
- What does the Institute of Supply Management (ISM) code of ethics say aboutaccepting supplier favors and gifts?arrow_forwardHow do organizations handle potential vendor-related risks, such as company solvency or geopolitical concerns, during IT acquisition decisions?arrow_forwardWhat criteria are important when considering whether a supplier can be involved in a new fresh product development efforts?arrow_forward
- To ensure cost -effective design choices, develop alternative conceptual solutions, select the best components and technologies and help in design assessment, suppliers can assist in new product design and development through Early supplier Involvement. True or Falsearrow_forwardIn order to gain their suppliers' advice on future product modifications and new goods, several businesses are using a collaborative method. Describe how a PLM system may help a process like this. When it comes to exchanging product data with suppliers, what challenges or worries can a manufacturer be facing?arrow_forwardUnderstand how quality management programs, such as the Malcolm Baldrige National Quality Award(MBNQA), ISO 9001:2008, and ISO 14001:2004, can help assess and improve supplier qualitymanagement systems and performance.arrow_forward
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