Will the supply chain be able to accommodate the necessary changes? Before a company agrees to increasing its input, it must ensure that the supply chain can accommodate the additional demands.
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Q: low of supply chain
A:
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Will the supply chain be able to accommodate the necessary changes? Before a company agrees to increasing its input, it must ensure that the supply chain can accommodate the additional demands.
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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. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Can the supply chain handle the necessary changes? Before an organization commits to ramping up its input, it is essential to confirm that its supply chain will be able to handle related requirements.The following information was extracted from the books of Babel Company for the production of rubber products for the year 2020: The number of units sold of product (A) amounted to 60 units The selling price of one unit of product (A) is 100,000 dinars The variable cost of producing one unit of product (A) is 35,000 dinars The fixed cost of the product line (A) is 1,000,000 dinars annually, find the following: break-even point (quantities), break-even point (values), contribution margin per unit of product (A), percentage of safety limit, operating income
- Supply Chain Management Metrics: Back order – An unfilled customer order. A back order is demand (immediate or past due) against an item whose current stock level is insufficient to satisfy demand. Customer order promised cycle time – The anticipated or agree upon cycle time of a purchase order. It is a gap between the purchase order creation date and the requested delivery date. Customer order actual cycle time – The average time it takes to actually fill a customer’s purchase order. This measure can be viewed on an order or an order line level. Inventory replenishment cycle time – Measure of the manufacturing cycle time plus the time included to deploy the product to the appropriate distribution center. Inventory turns (inventory turnover) - The number of times that a company’s inventory cycles or turns over per year. It is one of the most commonly used supply chain metrics. Here's a question for you: to track these metrics, what kind of a system would you need to implement in your…A manufacturer and a retailer are evaluating to form a supply chain (i.e. to act like a single company). They are currently supplying winter gloves. The manufacturer is producing each pair of winter gloves at $3, and selling each pair to the retailer at $6. The retailer is selling to the customers at $12 per pair. The retailer is philanthropic and donates all unsold winter gloves to a nearby charity home at the end of the season. The customer demand at the retailer is uniformly distributed between 5 and 55. The retailer places only one order per season. Compute the expected profit with and without the supply chain relationship and comment if they should form such a supply chain relationship.Is there a relationship between key performance indicators in the supply chain and the processes that generate them?
- Which current issue in OSCM relates to the ability of a firm to maintain balance in a system, considering the ongoing economic, employee, and environmental viability of the firm?1. A hotel tries to reduce the perishability of its services by selling last minute inventory at a highly discounted price. This technique presents threats to a company’s: A. Brand image B: Variability of services C: Relationships with suppliers D: Human resources turnover 2. Sometimes, hotel and airline companies upgrade guests to higher-end services. For such services, there are not a lot of word-of-mouth, reviews, or pictures available. For example, a hotel may upgrade a guest who paid for a regular room to a suite in order for the guest to experience an upscale product that the customer does not purchase often, but may purchase in the future. This situation, where a guest may experience an unfamiliar upscale service for the first time, is likely to result in a __________ in the __________ of services. A: increase, intangibility B: reduction, intangibility C: reduction, variability D: increase, variability 3. In hospitality and travel industries, customers and frontline…Aling Minda is operating a buy and sell business, she sells broomsticks (walis tingting) in her stall at a local market. She gets her broomsticks from a local supplier for 25 pesos each. She then adds 50 percent mark-up on each broomstick. Every day, aling Minda can sell 30 broomsticks a day. Use the template below and fill in the necessary figures based on the scenario. Remember to use the factors to consider in projecting revenues and refer to tables 1, 2 and 3 as your guide. Table 1 Projected Daily Revenue Name of Business Projected Projected Cost Volume Mark-up Selling Revenue per (D) _% Price (E) Merchandise/ Unit Average No. (B) (C) Products (A) of Items (Daily) Sold (Daily) (B)= (A x (A) (C)= (A+B) (D) (E) =(C x D) .50) Total
- The IKEA Company uses the push-based strategy to maintain the relationship with thecustomers as well as collaborate with all the partners and the members of the IKEACompany. However, due to the supplies problem the relationship between a company andits customers is going to be loose and demand uncertainty is high, the supply chain needsto be managed based on realized demand. Therefore in push based strategy firstly weanalyse the need of the customer and then plan to make the outlet and design the productto meet the need of the customer.On the other hand, IKEA Company follows the supply chain strategy that is build to stock inwhich the customer segment is online and popular configuration and the product are based on small number of configuration designed for market with the large production size.Moreover, have the smooth production to cut the cost and have the stock due to massdistribution at multinational level and planning horizon is medium due to change theproduction level with some…The IKEA Company uses the push-based strategy to maintain the relationship with thecustomers as well as collaborate with all the partners and the members of the IKEACompany. However, due to the supplies problem the relationship between a company andits customers is going to be loose and demand uncertainty is high, the supply chain needsto be managed based on realized demand. Therefore in push based strategy firstly weanalyse the need of the customer and then plan to make the outlet and design the productto meet the need of the customer.On the other hand, IKEA Company follows the supply chain strategy that is build to stock inwhich the customer segment is online and popular configuration and the product are based on small number of configuration designed for market with the large production size.Moreover, have the smooth production to cut the cost and have the stock due to massdistribution at multinational level and planning horizon is medium due to change theproduction level with some…