Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Case Topic: Supplier Selection and Evaluation
Details: Read the case study “General Motors” Supplier selection for innovation and answer the following questions;
Case Topic: Supplier Selection and Evaluation
Details: Read the case study “General Motors” Supplier selection for innovation and answer the following questions;
1) Provide a non-quantitative analysis of the pros and cons of the four suppliers.
2) What factors should GM consider for evaluating product development capabilities of suppliers?
3) Should GM work with solely one supplier or multiple suppliers?
4) What suppliers will you recommend for the company and why?
1) Provide a non-quantitative analysis of the pros and cons of the four suppliers.
2) What factors should GM consider for evaluating product development capabilities of suppliers?
3) Should GM work with solely one supplier or multiple suppliers?
4) What suppliers will you recommend for the company and why?
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- Supplier Guidance: Starbucks Coffee Company Research Starbucks Supplier Code of Conduct Guidelines, dig deep and evaluate the extensive requirements and standards to become a Starbucks' supplier. Using the Transformation Process (Ferrell et al., Chapter 8), explain how Starbucks serves its customers, from Inputs to Outputs.arrow_forward(a) Evaluate the criteria that Khind Holdings could use to assess potential suppliersin its global sourcing efforts.arrow_forwardExplain the reasons that Mosetsana Pads can provide for engaging in supplier development. Use practical examples relating to their business to substantiate. Reasons : To improve supplier capabilities and enable them to provide better quality and timely delivery • To work towards the reduction of cost for both parties • To work toward gearing the supplier to be able to supply to the buying organisation in line with innovation in sourcing, the buyer's procurement targets and sustainable development objectives • To increase the supplier's profitability as an extension of the benefits delivered to their customers (buying organisation)arrow_forward
- How the selection of supplier is done?arrow_forwardDescribe how the suppliers using a factor weighting appraoch ?arrow_forwardTopic: Supplier Selection and Evaluation Details: Answer the following questions; 1) The cost of monitoring and evaluating the performance of suppliers can be high. a) What arguments would you use to justify the expenditure on evaluating performance? b) What steps might you take to minimize such expenditure? c) What are the benefits to suppliers in you evaluating their performance?arrow_forward
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