What do you think are the reasons that so few companies are classified as Stage 4 companies? Do you think this is likely to change?

Q: Can you think of companies that have gone out of business because theyfocused only on cost and were…

A: There have few companies in the industry who were keener on keeping low cost of production which led…

Q: What benefits are anticipated from the Managed Services offered by larger suppliers for businesses?

A: Managed services are the act of outsourcing the obligation regarding keeping up with, and expecting…

Q: How do you know where Zone A, Zone B, and Zone C start after completing your ABC purchasing curve?

A: Inventory management is the management in which raw materials, as well as finished products, are…

Q: Why should a business successfully integrate its outside suppliers?

A: Any supply chain must include external suppliers since they are an essential component. In the…

Q: When it comes to purchasing software, what is the most time- and cost-effective option? As with…

A: Things consider before purchasing Software : Cost and value Assisted implementation Software…

Q: Why less used stuff in company should be sold

A: ANSWER: The less used stuff in company should be sold because:

Q: Your company manufactures digital gauges for different industries and recently chose China as the…

A: The international market is the trading of goods and services outside the national boundary of a…

Q: You have started the business of a nursery Startup and you have to define the line of the nursery…

A: An entrepreneur can be implied as a person who seeks opportunities and initiates starting a new…

Q: Why is it so important to have senior executive support when implementing anindirect spend…

A: Purchased services or products that do not result in a product or service being sold to a customer…

Q: How do we communications expectations for both (Buyer & Supplier) about the type of relationship…

A: A supply chain is a chain network between the interested parties of the company either it is a…

Q: You, as an employee of YieldMore, have been given a task of providing quantitative risk assessment…

A: Meaning:- Quantitative risk assessment is a process of analyzing risk and qualifying the probability…

Q: What kinds of problems emerged as purchaser provider splits were in fact introduced into public…

A: A purchaser-provider split is a business arrangement wherein what will be produced under what…

Q: Explain the following based on CRM – Customer Relationship Management: “Degree of Continuity”…

A: “Hi and thanks for the question, as you have asked for multiple questions, at a time, we will be…

Q: A large bank in the U.S. was found to open accounts for its customers without their authorization.…

A: First, there’s the hassle of finding a bank that will let you open an account without providing…

Q: How long do you believe it takes a company to move from a Stage 1 phase to a Stage 4 phase of supply…

A: Developing sourcing techniques:   It requires not many years for the production network overseeing…

Q: What are the three most common kinds of operational risk? What are their responsibilities? Which one…

A: Operational Risk Operational risk is a term that describes the risks and uncertainties that a…

Q: What are some of the pros/cons of purchasing third-party replacement parts and/or accessories versus…

A: Third-party replacement refers to the spare parts and accessories that are not directly supplied by…

Q: Do companies have an obligation to the employees of their suppliers? Why or why not

A: In a general context, companies are obliged to look after the interests and welfare of their…

Q: Consumers are often advised to stock up on necessities inadvance of a major storm. Would this kind…

A: Consumers and business are two terms that always go hand in hand. Without consumers businesses will…

Q: Is it procurement's duty or a mutual responsibility to turn an enterprise to cost leadership?

A: Cost leadership is a strategy for lowering costs as opposed to a rival. The primary aim of cost…

Q: What is an example of an industry that you think a best-cost strategy could be successful? How would…

A: Cost-strategy:- Cost strategy is based on simplicity. Cost leadership aims to reduce costs as much…

Q: choose two or three sited that offer material and services of security awareness and describe what…

A: Network certification courses offered by CISCO: The following are various network certification…

Q: Broll is a world class manufacturer and supplier of steel, tube, pipes and associated value adding…

A: The manager is the person who is accountable for all the things that are happening in the…

Q: To make sure that "a clear brand vision and common operating model" work together, what might be…

A: Clear Brand Vision - A clear brand vision play very important role in every business and…

Q: Think about the recent advancements in Corona Virus Vaccines. How do you think the demand and supply…

A: Demand and supply is the most important concept of the economy. It helps in understanding the…

Q: What are the various factors that led to the success of the Maruti 800 (M800)?

A: Maruti and Suzuki both are two different automobile companies Maruti is a INDIAN company and Suzuki…

Q: How would you assess suppliers’ AI? Whether that would be through an indicator on their scorecard,…

A: AI refers to as a artificial intelligence the AI has become a topic of main stream everyday, the…

Q: What is meant by contractual closure or closeout? Explain with the help of suitable examples.

A: The term contract closure alludes to the way toward finishing all errands and terms that are…

Q: Answer this question: Assume that you have been involved in shipping industry as a cargo owner for a…

A: Risk management is the most common way of recognizing, surveying, and focusing on possible dangers…

Q: According to you, outsourcing IT services has grown in prominence for a variety of reasons. There…

A: In recent decades, outsourcing of IT services has grown in popularity among businesses. Employing a…

Q: How does the development process for safety-critical embedded systems differ from…

A: A well-defined development process helps the organization in risk identification and developing…

Q: Are you certain that this is true? Enterprise systems are more focused on the inside, while supply…

A: Enterprise systems are those systems that are large-scale software packages that will track and…

Q: What enables good contracting and negotiations?

A: Contract Negotiations involves the discussion and compromise on the terms of contract to reach a…

Q: e some factors that might influence how important purchasing is to the succ

A: Purchasing is the coordinated procurement of merchandise and enterprises in the interest of the…

Q: Using the existing published research materials and data explain how implementing a comprehensive…

A: The operations manager and the management make a purchasing policy. Several factors should be kept…

Q: procuremen

A: Technology, social value, rising standards, and healthcare demand will be major issues for…