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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 9, Problem 6DQ
Summary Introduction
To discuss: The logic behind maintaining a reduced number of suppliers.
Introduction: Supply management is the process of managing the suppliers and raw materials or resources that are essential for the organization’s operations.
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Students have asked these similar questions
As their business continues to grow, the management team of Caleb’s Farm will need to focus on establishing relationships with key suppliers. To accomplish that, the team will need to implement a sourcing process. Use the sourcing process to assist Caleb’s Farm team to establish long-term relationships with suppliers. Use practical examples to substantiate your answer. Note: You are required to paraphrase your understanding of the sourcing process before you apply them to Caleb’s Farm
Organizations can have multiple layers of first- and second-tier suppliers. Explain the advantages that organizations gain by having multiple layers of suppliers. Describe any disadvantages that can be brought to organizations by having multiple layers of suppliers.
discuss below 3 types of suppliers
1. Local suppliers
2. National suppliers
3.International suppliers
Chapter 9 Solutions
Purchasing and Supply Chain Management
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Similar questions
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- Why is it important to choose a supplier? What considerations should be taken into account when choosing a supplier?arrow_forwardWhat are the benefits of using a supplier? When choosing a supplier, what considerations should be considered?arrow_forwardWhat are the advantages of each of Darden’s four supply chains?arrow_forward
- Discuss at least 3 advantages and 3 disadvantages of an optimized supply base. Give 3 ways in which a buyer can overcome the disadvantages. Give examples.arrow_forwardSuppose an organisation that manufactures personal protective equipment for the South African market is located in China. This South African organisation provides personal protective equipment as an additional product offering; however, it is not core to its operations. Using the practical context provided and the scenario above, illustrate a supply chain depicting the movement of these goods.Note: You are to use the illustration of a generic supply chain provided to you as a starting point. You are not to replicate that generic supply chain as your final answer. Using evidence of application to the scenario provided.arrow_forwardDescribe how easy is it to switch suppliers and what could complicate a firm's ability to switch to a new supplier ?arrow_forward
- Traditionally, buyer-supplier relationships were considered as adversarial, arms-length transactions, where both parties are acting in their own self-interest. However, this relationship is moving towards a more collaborative approach. Explain why and how a traditionally adversarial relationship with suppliers changes when a firm makes a decision to move to a few suppliers?arrow_forwardEmbedded within the intricate dynamics of supply chain orchestration, how does the meticulous orchestration of efficient materials management practices, including procurement optimization, inventory control, and logistics synchronization, synergistically interact with supplier relationships, demand variability, and operational agility, thereby catalyzing enhanced supply chain resilience, responsiveness, and overall performance amidst fluctuating market demands and competitive pressures?arrow_forwardBased on the three types of buyer-supplier relationships, identify which relationship Woolworths has with its suppliers.arrow_forward
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