Given the data in the Table Below, you are requested to help Ms. Meticulous in deciding what firm shall she choose in order to satisfy her criteria as illustrated in the Table. Show your solution and/or justification why? Criteria Weights per criterion based on her importance Supplier 1 Supplier 2 Supplier 3 Price 40 % 8 9 10 Accessibility 50 % 7 10 10 Customer- friendly (after sales service) 10% 10 10 9 TOTAL 25 29 29
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Given the data in the Table Below, you are requested to
help Ms. Meticulous in deciding what firm shall she choose in order to satisfy
her criteria as illustrated in the Table. Show your solution and/or justification
why?
Criteria Weights per
criterion
based on her
importance
Supplier 1 Supplier 2 Supplier 3
Price 40 % 8 9 10
Accessibility 50 % 7 10 10
Customer-
friendly (after
sales service)
10% 10 10 9
TOTAL 25 29 29
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- How would the sizes of the potential market, available market, qualified available market, and served market vary for a business/organization? What are some limitations of the NAICS (North American Industry Classification System) categorization scheme? Under what circumstances is believed that the top-down market sizing approach would be more accurate? What about the bottom-up approach?Critical Thinking Can a company's reverse logistics system have a significant influence on how a con- sumer views the organization and its brand? Are there specific types of products for which a com- pany's reverse logistics system could play a more im- portant role in contributing to a customer's view of the organization? For those companies what charac- teristics would you expect their reverse logistics sys- tems to have in order to create high added value for a customer?Table: Factors causing the decline in sales Factors % Contribution Delayed deliveries 15% Lack of delivery personnel 8% Inaccurate sales orders 25% Wrong deliveries 32% Delayed invoicing 6% Pilferage 7% Expired items 7% a. Following the Pareto Principle, what are the vital factors or main contributors to the decline in sales? Show your Pareto Chart and indicate or label the vital factors or contributors to the problem. Hint: know the vital few % b. What are the vital factors or vital contributors to the problem? c. If the sales and marketing manager wants to reduce the impact of vital factors or contributors by 70%, what will be a good GOAL Statement to improve his sales problem? Hint: Use SMART GOAL
- Please paraphrase It is important that the supply management student recognize an important point about the sequence in the category management process: Few organizations have fully executed the more complex strategies found in Phases 3 and 4. This is because of a variety of factors including the relative complexity of higher-level strategies, the resources and commitment necessary to execute the strategy, the lack of a supply base optimization effort, and personnel who lack the skills and capabilities necessary for developing advanced sourcing strategies. However, those that successfully execute more sophisticated and comprehensive sourcing strategies should realize greater performance improvement over time.What would be the best questions comparing potential market, available market, qualified available market, and served market for a business?Critically analyse single sourcing and multiple sourcing.Analyse and explain the reason to use single sourcing and use multiple sourcing. Recommend delegated sourcing. Support your answer with examples.
- In the current competitive retail business, traditional brick-mortar business model has slowly lost out to e-commerce. When trading is done online, it's important to understand customer buying patterns. In return, the ability to predict this pattern into potential marketing solutions to increase sales and profit. Business owners need to know their customers and understand their needs and behaviors. In current business settings, customers purchasing patterns are recorded within big data. Big data when adequately used serve good and formidable business competitive advantage. To do this, retailers use a technique called market basket analysis. Market basket analysis consists of analyzing large data sets that include purchase history, revealing product groupings, and products that are likely to be purchased together. The simulated case (see table 1) below illustrates a retail purchasing pattern for garments collected over 19 cluster retails. The recorded purchasing combination serves to…You have a number of customers who contact you rogularly to raquect ropeat trannactions. Today you are acaisting one of these customers with a routine matter when they mention an interest in a particular new product. They ask you for pomo specific information about this product before they peak to a speialist. You were not expecting to be askad about this product and you do not know all of the latest information as you were on leave wheri this was cornmunicated to your team. You know that the acope of what they are asking is beyond your remit and you have very limited knowledge in thils area compared to some of your collaagues. You do not want to lose credibilty by providing incorrect inforTnation about the client's query Moct Effective Effective Least Discuss what you can within the limits of your knowledgo and stear the conversation back to the original matter as you are conscious about maintaining credibility with this regular customer. Be open about your limited knowledoe and remit…I need help to write retail industry analysis memo?
- what is Michelin's position relative to competitors being but not only (Continentals, Pirelli, Bridgestone, goodyear, Linglong, Dunlop) using a perceptual map look like, and why, with one axises being longevity and the other side being preformance. and not use price for the other axisesHelp me find the alternative Solutions 3.1 options available 3.2 advantages and disadvantages of each alternativesReview the various types of data, metrics, and date definitions related to the STAR reports Define the different breakdowns for segmentation data. What type of data is not displayed on a STAR report? Identify difference between North America and Non-North America STAR reports. What do you think are the most important pages in a monthly STAR report. Create a possible procedure and order of steps to review a monthly STAR report. Describe the pages that compare the subject hotel to industry data and explain the value of this comparison. Describe the pages that compare the subject hotel to the comp set. What are all the various metrics that can be analyzed? Describe the response pages and the values of this information. Describe how a hotel that is performing well (beating their comp set) can use the STAR report to look for areas of improvement. Describe how a hotel that is significantly underperforming its comp set (being beaten) can use the STAR report to improve their performance.…