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.
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Q: Discuss the logic behind maintaining a reduced number of suppliers for each item.
A: The advantages of maintaining an optimized supply base are given below:
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Q: What are the characteristics of efficient, responsive, risk-hedging, and agile supply chains? Can a…
A: Characteristics with Advantages of efficient, responsive, risk-hedging, and agile supply chains: -
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Q: Discuss the advantages and disadvantages of an optimized supply base. How can a buyer overcome the…
A: Supply Base Optimization: Supply base advancement alludes to a system of managing a predetermined…
Q: What are the various supply chain strategies ? Explain in detail
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Q: Please answer both of the questions. 1. Discuss the role the purchasing specialist plays in…
A: 1.Also known as obtainment subject matter experts, buying or purchasing experts are liable for…
Q: What are “Push” and “Pull” supply chain management strategies
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Q: potential benefit of supply chain visibility?
A: potential benefit of supply chain visibility are as follows:
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A: Supply chain management is the management of the flow of goods and services and includes all…
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A: On the campus, the supply chain is simple to understand. Here:
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Q: Explain and describe the implications of external and internal supply chains ?
A: Below is the solution:-
Q: Explain what are the factors for rating alternative suppliers Long term ability to supply?
A: Rating alternative suppliers is a process for tracking and analyzing supplier and vendor performance…
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.
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- Please answer both of the questions. 1. Discuss the role the purchasing specialist plays in maintaining an uninterrupted flow of materials/products through the supply chain. 2. Discuss ways that a purchasing specialist can add value to the supply management process.How do alternative service providers ranking - Long-term supply capability?Explain what are the factors for rating alternative suppliers Long term ability to supply?
- Describe what are the factors for rating alternative suppliers long term ability to supply ?What are the factors for rating alternative suppliers- short term ability to supply?In comparing and contrasting different sourcing strategies, identify and describe briefly four (4) of the six (6) sourcing strategies for consideration in supply chain management. 2. Assuming that the strategy of few suppliers is listed among your four (4) strategies above, identify one (1) advantage and one (1) disadvantage of using this sourcing strategy.
- How can we determine the relative importance of various activities in the supply chain?Discuss the advantages and disadvantages of an optimized supply base. How can a buyer overcome the disadvantages? Please provide APA 6th Edition (American Psychological Association) style citations and references. maximum 2 references would be fine.What are the different kinds of supply chain relationships, and what are the differences between them?
- What are the fundamental forms of supply chain relations and how do they differ? Explain briefly?1. The Benetton supply chainOne of the best-known examples of how an organization can use its supply chain to achieve a competitive advantage is the Benetton Group. Founded by the Benetton family in the 1960s, the company is now one of the largest garment retailers, with stores which bear its name located in almost all parts of the world. Part of the reason for its success has been the way it has organized both the supply side and the demand side of its supply chain. Although Benetton does manufacture much of its production itself, on its supply side the company relies heavily on ‘contractors’. Contractors are companies (many of which are owned, or part-owned, by Benetton employees) that provide services to the Benetton factories by knitting and assembling Benetton’s garments. These contractors, in turn, use the services of sub-contractors to perform some of the manufacturing tasks. Benetton’s manufacturing operations gain two advantages from this. First, its production costs for…Choose a large global company. Prepare an 875- to 1,050-word paper in which you discuss the following items: • Define supply chain management. • Define how supply chain management has evolved over the past 20 years. • Describe the primary components of your selected company's supply chain and explain the importance of each component. • Discuss how the 3 key supply chain decision phases are used at this company and provide examples. • Provide examples of how your selected company has (or does not have) an advantage over its competitors using its supply chain. • Analyze the financial impact establishing a supply chain had on your selected company. • Explain the organizational considerations related to your selected company's supply chain. Format your paper according to APA guidelines. Cite a minimum of 2 references to support your paper. Submit your assignment.