Describe why Just In time (JIT) purchase assist businesses is that they can market an item before purchasing it buy it from a third part vendor and have it delivered directly to the client?
Q: Corey spent the month of December talking to various suppliers in order to figure out how much all…
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A: In business, outsourcing implies that a business process is delegated to another party. Outsourcing…
Q: Create a value stream map (VSM) of this supplychain. What other information is needed?
A: Value stream mapping of supply chain is given below:
Q: Discuss why Just In time (JIT) purchase assist businesses is that they can market an item before…
A: Just-in-time (JIT) is a technique or a method used for inventory management. The raw materials are…
Q: discuss the various activities both from the purchasing and supplying perspective and with a simple…
A: Purchasing: Purchasing is a very essential term in every business and the success of…
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A: The three main reasons for the firms to adopt ERP would be: The first reason would be easy…
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Q: Why benefits does the Internet have for a company's order placing process?
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Q: How do out-bond logis-tics system related directly to the need of customer?
A: Outbound logistics operations are carried out according to the requirements provided by the other…
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A: Warehouse management system is a software tool used in the optimization of tasks carried out in a…
Q: Choose one ERP business value and explain why you think it's important.
A: Enterprise resource planning : Enterprise resource planning (ERP) includes technologies and systems…
Q: Illustrate how supply chain planning and control fits within ERP.
A: Supply Chain Management (SCM) is a set of tools manufacturers and the distributors uses it to plan,…
Q: ng and supplying perspective and with a simple diagram describe how goods move from the supplier of…
A: Supply Chain management: Supply chain management is the enhancement of an item's creation and stream…
Q: Determine the number of cycles per day and a production quantity per cycle for this set of products…
A: Find the given details below: Given Details: Product Daily Quantity F 2 G 11 H 5 K 9
Q: What kind of details can Starwood share with its supplier of bed linen and Terrycloth? What is the…
A: For the trade between Starwood and its supplier to take place, the company must share some…
Q: Explain in detail about the push and pull supply chains??
A: Pull supply chain — here the demand for an item, product, or merchandise pulls it through the supply…
Q: With the attached as reference, how can you justify the use of RFID to manage inventory?
A: RFID known as radio frequency identification contains two components that are tags and readers. The…
Q: Describe how is CVP analysis used to calculate the break even point for multiple products?
A: CVP stands for cost-benefit analysis. It enables firms to understand the impact of their fundamental…
Q: It is important to provide a summary of the item to be sourced in the requisitioning process. How…
A: This procedure may simply be described as a procedure that assists a company in generating…
Q: You have to decide between three potential suppliers for an assembly for a product you are…
A: Given Information:
Q: rfp
A: True. A request for proposal (RFP) is an archive that solicits proposal, frequently made through a…
Q: snip
A: A project is a company's task which has to be completed within a certain time period to get…
Q: What supplychain metric measures how many complete orders were filled and shipped on time?
A: The supply chain is the network of relationships between suppliers and businesses in order to…
Q: other organizations in a supp
A: Management of a supply chain refers to the practice of organizing and controlling the flow of…
Q: The Internet provides Which advantages for a firm’s order placement process?
A: Following are the advantages the internet provides for a firm’s order placement process Reduces the…
Q: Briefly describe how supply chain planning and control is managed in an ERP system.
A: Enterprise Resource Planning is the computer system, which would integrate the application programs…
Q: With radio frequency (RFID) tags, items can be tracked during production and in inventory?
A: RFID identification uses electromagnetic fields to identify and track tags that are attached to…
Q: Does a visual labeling system identify and locate inventory, tools, processes, and flow?
A: Yes visual labeling system identify and locate inventory, tools, processes, and flow.
Q: Where would a customer who has no prior contact with a particular supplier go to get the details…
A: The customer is already one step ahead of the retailer. Regardless of how successfully or reliably…
Q: When is customer pull technology suitable for the firm?
A: Pull Technology is a type of communication which takes place when the client initiates a transaction…
Q: Access a major vendor of business software, such as SAPor Oracle. Read about their demand…
A: Demand Management can be defined as the process of supply chain management that helps in balancing…
Q: Discuss how supply chain planning and management are integrated into ERP.
A: They utilize Supply Chain Management to plan, track and organize the movement of products and…
Q: Describe how ERP integrates with e-commerce and supply chain management
A: Enterprise Resource Planning Systems (ERP) is an abbreviation for Enterprise Resource Planning…
Q: Illustrate how the preparation and management of supply chain blends into ERP.
A: Supply Chain Management (SCM) is used by manufacturers and retailers to plan, track, and organise…
Q: Evaluate supply chain performance using data from the ERP system.
A: An ERP framework might improve straightforwardness across the production network by wiping out data…
Q: What are the characteristics of supplier partnerships withrespect to suppliers?
A: Customer order fulfillment refers to fulfilling the order received from customers or it is a process…
Q: Does the supplier have bar coding capability or radio frequency identification (RFID) technology?
A: Suppliers have both the technology to use. A barcode tag is a visual portrayal of information that…
Describe why Just In time (JIT) purchase assist businesses is that they can market an item before purchasing it buy it from a third part vendor and have it delivered directly to the client?
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- Notably, procurement is associated with one of the management systems within the executing process division. Why is procurement such a critical component of the execution process?How can the supply chain's form be altered?Briefly discuss the tasks that procurement professionals of the future will be concerned with.
- What is a Detail Diagram.What is a IPO diagram“In a data warehouse, business requirements of the users form the single and most powerful driving force.” Do you agree? If you do, state four reasons why. If not, is there any other such driving force?Describe the process of IT procurement, including the key steps involved and the importance of vendor selection in acquiring hardware and software.
- A document used to solicit bids from interested and qualified suppliers for goods and services that the organization needs to obtain is called a “rfp” request for approval, true or false?Prepare a short research paper explaining how to source computer chips which will be used in the manufacturing of the computers for your company who is planning to build them in China. Be sure to explain the entire sourcing and qualification process necessary in developing the entire Supply Chain. Explain the key factors involved and how they will impact your operations. Identify all companies you will be considering as vendors and explain why their selection. The paper should be double spaced in MLA format and contain at least 2 academic references not including textbook which can be used as well and as many websites needed, all will need to be MLA format on a separate reference page.As a supply chain and logistics management student, you have completed key aspects of thediscipline throughout your qualification, namely, purchasing management, supplier relationshipmanagement, warehouse management and strategic supply chain management.This question requires you to reflect on your knowledge and understanding of supply chainmanagement. You are required to write a one-page report where you reflect on:• Which areas of this module did you find most interesting and challenging to learn about?Why?• If the procurement process for inventory is not ethically done, what do you think would bethe impact on organisations?• Do you think the individual responsible for managing inventory i.e., performing ABC analysesor tracking inventory through a warehouse needs to be analytical? Why or why not?• Would using artificial intelligence through computer programs give a non-analytical personan advantage?• Could a career in inventory management be the future for you? Why or why not?
- Which of the following activities are required in the pre-award phase of the procurement process? a. Expediting, reviewing progress and processes b. Reviewing quotations, gaining authorization and placing orders c. Identification and description of the needs d. Assessing supplier performance and checking invoice details if required.enables customers and suppliers to electronically exchange transaction information such as purchase orders, invoices, and material requirements planning information. O Supplier responsiveness O Vendor-managed inventory O Electronic data interchange O The InternetIt is important to provide a summary of the item to be sourced in the requisitioning process. How come?