Which ratio best indicates good procurement performance? Salaries declined to 12% from 12.4% Credit card fees increase to 0.4% from 0.0% Cost of goods sold declined to 54.5% from 54.7%
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- Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Why can changes within a supply chain disrupt the normal flow of goods and services within a supply chain?Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Explain the role of performance measurement in managing supply chain activities.Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. What parts of the supply chain are most closely involved with the situation in this case? What is the responsibility of each part in order to maintain a smooth flow of material?
- Cost of Goods Sold was $53,653, Accounts payable decreased by 10,942.and inventory decreased by $16,633 What was the cash paid to suppliers?Topic: Purchasing Strategy Details: Answer the following question. Q1: How do you think that a procurement strategy can be directly linked to the organization’s strategy and long-term business plan?Material cost play a crucial role in determining the overall cost structure of an organization. EFFECTIVE MANAGEMENT of Material cost involved a combination of strategic sourcing rusk management supplier relationships and continuous monitoring of markets trends you are a purchasing manager of e thekwenini municipality Question1 Examine the several necessary processes in the purchasing process that will assist in cost reduction at the municipality and give practical examples
- What makes procurement a technical function? What impact does Government legislation have on procurement strategies? Noted: Please answer all the previous answers giving was not related to the questions at all. Please make the answers clear and easy to understand thank you"Currently, the trend has been moving toward outsourcing combined with the creation of supply chain relationships, although traditional firms preferred the"make" option QUESTION: what drives organizations to make their own materials, components, services, and/or equipment in the house instead of outsourcing? word count: 300 wordsE-procurement tools through the Ariba Buyer system play a big role in the process. For example, users who need a PC can select one online and requisition it. Depending on the business rules governing authority threshold, the user may need a supervisor’s authorization and may need higher-level approval as well. If the spend goes into the capital range, there is another set of approval rules to ensure that people who oversee capital purchases also approve it. It also draws on the business rules from the IT group, which may be a different set of rules. Business rules are established within Ariba Buyer depending on the category of spend taking place. The types of controls made on purchases will vary. Once those approvals are completed, it releases out to the supplier. In Ariba, users have an online catalogue for contracts that are in place; several thousand office supplies are set up on the catalogue. Requisitioners can find what they want, and once submitted, the requisition is bounced…
- The analysis of the company’s procurement models and strategies to supportthe operations in the company. Question: Discuss as to why the procurement is important to the company?Question: Evaluate its procurement process and strategies and provide yourfeedback on the strategies applied by the company?Great American Inc. (GA), a California based construction company, has been buying wooden floor plate from Davidson Supply (DS) for the last 3 years. Mr. Gordon Shuttle, the GA Purchasing Director, so far, is satisfied with DS services, including product quality and on-time delivery services. Due to the keen competition in the industry in recent year, GA management decided to review DS’s overall supply performance.a) What kinds of challenges that GA should consider? b) If GA decides not to use DS’s supply in future, what will be GA’s otheroptions? c) What kinds of risks GA may face if taking such options?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?