What are the benefits of a CPFR program? What does it prevent?
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- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Give an example of CPFR?
- What is the Model-View-Controller (MVC) architecture?d. Which of the following has the highest Purchasing Power Risk and why? 1. A store building Rented for 30 years at Fixed Rent 2. An office building Rented for 15 years at Fixed Rent 3. A Hotel with constant adjustment of overnight pricesThe two primary advantages of options are there limited risk characteristics and their excitability. True or False
- Scenario Wanda is horrified when she sees a news report that some dog treats have been recalled because they have caused some dogs to get sick and even die. Wanda is very careful about her ingredients and uses only chicken, lamb, and bison that come from sustainable farms. Still, these headlines make her nervous. What if her dog treats make someone's dog sick? What if a batch of her Chicken Cuties is somehow contaminated and a dog dies from eating them? For Discussion Wanda comes to you for advice, not as an attorney, but as someone who knows about the legal environment in business regarding her potential liability. • What kind of legal exposure does Wanda have, and how can she protect herself against lawsuits? • How much responsibility do you believe companies should have for the safety of their products?CRM systems do benefit the companies. Argue against or in support of the above statement.Cost Planning; Gasoline Prices In June 2008, when gasoline prices were at an all-time high(more than $4 per gallon), Chrysler Motor Company promoted its Jeep vehicle with the offer of either$4,500 off the price of the vehicle or the guarantee that the buyer would not pay more than $2.99 pergallon of gas for the next 3 years (the details of the guarantee could vary by dealer).Required1. Assume that the Jeep vehicle you are interested in gets 15 mpg combined city/highway and that at thetime of purchase, you expected gasoline prices to average $5 per gallon over the next 3 years. How manymiles would you have to drive the vehicle in the next 3 years to make the guarantee more attractive thanthe $4,500 discount?
- Identify CVP analysis assumptions and restrictions.Suppose i want to prepare or manufacture a Tyre Gel for bike or car. What is the best Master formulae for manufacturing this tyre gel? How i can ensure best quality tyre gel with minimum cost? Please answer at your own words.What is the first step in CPFR?
