Which of the following is a primary activity in the value chain? A. Receiving and handling of raw materials and other inputs B. Setting up Contractual arrangements with various suppliers C. Finding suitable vendors to supply raw materials D. Negotiating prices with vendors E. Investigating new designs.

Which of the following is a primary activity in the value chain? A. Receiving and handling of raw materials and other inputs B. Setting up Contractual arrangements with various suppliers C. Finding suitable vendors to supply raw materials D. Negotiating prices with vendors E. Investigating new designs.

Name: Which of the following is a primary activity in the value chain? A. Re
Uploaded: 2024-03-20T06:57:05.000Z
Channel: Bartleby
Description: Which of the following is a primary activity in the value chain? A. Receiving and handling of raw materials and other inputsB. Setting up Contractual arrangements with various suppliersC. Finding suitable vendors to supply raw materialsD. Negotiating

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter2: The Purchasing Process

Section: Chapter Questions

Problem 4DQ

See similar textbooks

Similar questions

1. Supply Chain focuses only on the physical movement of material and supplies Select one: a. False b. True 2. One of the other departments or functions within an organisation is referred to as servitization. Which of the following statements describes servitization. Select one: a. A transformation process wherein production organisations embrace a service orientation and/or develop more and better services b. Selling the goods or services of the organisation c. Purchasing raw materials, machinery and equipment for the organisation d. Providing management with the relevant information that will enable it to manage effectively and efficiently 3. For each supply chain driver, managers must make tradeoffs between Select one: a. Efficiency and responsiveness b. Costs and benefits c. Time and responsiveness d. Cost and performance e. Value addition The Certainty in decision environment of strategic decisions alludes to: Select one: a. Costly…
12. Supply chain is a system of organizations, people, activities, data and properties involved in moving a productor service from supplier to customer. A. True B. False
D. Purchase requisition. For effective planning and control decisions, managers must focus on the following A. Continuous improvement and benchmarking B. Key success factors C. Value chain and supply chain analysis D. Sustainability The key document that contain information relating to a particular job is called
15 What to purchase and when to purchase are strategic supply chain decisions. Select one: a. False b. True
Explain the following in relation to Sourcing a) Spend Analysis b) Demand Management and specifications/SOW
1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above 2.Which of the following costs do not come under inventory carrying cost calculation? A)Investment in a software for updating stock position online B)Investment in stores space C)Salaries of procurement personnel D)Cost of maintaining the inventory stocks 3.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above
System design refers to: Select one: a. New product fit in existing organisation processes b. Review of target market requirements c. All of these d. Detailed design specifications e. Design match to strategy Order winners are goods or services that customers Select one: a. Consider buying b. Can afford to buy c. Actually buy d. Lay-bye Supply side of the supply chain is referred to as Select one: a. None of these b. Downstream c. Upstream d. Forward integration e. Vertical integration
Fat(g) Item cost($) $0.25 $0.15 $0.10 $0.09 $0.03 $0.04 $0.02 $0.04 Item Sodium(mg) Calories Beef Ratty.m 50 17 220 260 330 310 Bun Cheese 70 Onions 1 10 Pickles 260 5 wer Lettuce 3 4 Ketchup 160 20 Tomato 3 As the owner of a fastfoad restaurant with declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded with everything as long as it meets certain health requirements. Money is no object to them. The ingredient list in the table shows what is available to include on the burger. You must include at least one of each item and no more than five of each item. You must use whole items (for example, no half servings of cheese). The final burger must contain less than 3000 mg of sodium, less than 150 grams of fat, and less than 3000 calories. To maintain certain taste quality standards you'll need to keep the servings of ketchup and lettuce the same. Also, you'll need to keep the servings of…
9 Electronic procurement is an example of a citizen to private organization pattern interaction. Select one: a. True b. False
Q1. Essentially, the planning of the purchasing and supply chain function entails managing the function for the future. Outline the purpose of the three levels of management within the context of the purchasing and supply chain function.
9.When the supplier provides only what is needed when it is needed this is known as O a. Independent need fulfillment. O b. Customer intention development O c. Vast supply chain process. O d. Vendor managed inventory
A. Explain the role of information technology in the supply chain. B. Explain TWO (2) characteristics that information must have to be useful for decision- making in a supply chain.