xplain why is it necessary to consider uncertainty when evaluating supply chain process?
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Q: what the issues of Problem and issue strategic sourcing for successful supply chain managment
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A: Copy paper supplies would be categorized as efficient supply chain in the supply chain uncertainty…
Q: elivery of goods .
A: Supply management: It bridges the gap between the various stakeholders of the company like different…
Q: What activities are used in this supply chain management concept?
A: Supply chain management is the management of overseeing the flow of products and services between…
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A: Cost containment in supply chain network executes around tracking down the most effective and…
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A: THE ANSWER IS AS BELOW:
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A: Supply chain is the processes involved in transforming the raw material into the final product. JIT…
Q: How can the supply chain's form be altered?
A: The supervision of the movement of products and services from point of production to point of use,…
Q: 1.What is SCM (Supply Chain Management System)? Explain how SCM works for any business organization
A: A supply chain is a network between manufacturers, suppliers, retailers/wholesalers, and customers.
Q: Define the selection of suppliers?
A: Selection of supplier is the process in which the supplier to acquire the required raw material will…
Q: Explain supply chain management with examples briefly
A: Supply chain management is the process through which the products or the raw materials of the…
Q: The item fill rate is categorized as which type of supply chain performance metric? Select one:
A: Fill rate is the rate which represents the percentage of number of orders which a company have…
Q: Describe how the bullwhip measure can be applied to supply chain analysis?
A: The bullwhip effect is the distortion and augmentation of information, as well as the accumulation…
Q: What is the importance of supplier selection in the hospitality industry?
A: Disclaimer: As per the guidelines answering the first question. The operations operating in the…
Q: How to Managing the Supply Chain to Achieve Schedule, Cost, and Quality Goals.
A: The supply chain is defined as a link or connection between the suppliers and the organizations to…
Q: s may use to aid in supply ch
A: The organization can keep its stores loaded and provided through its proficient process for dealing…
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A: Since you have asked multiple questions, we will answer the first question for you. If you want a…
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A: Supply chain can be defined as the network which manages the flow of goods and services inckuding…
Q: Explain supply chain management in context of some real life examples? At least three
A: An inventory network is an organization of retailers, merchants, carriers, storage spaces, and…
Q: Why is it important to accept "uncertainty" when assessing supply chain processes?
A: A supply chain is a network of companies, vendors, retailers/wholesalers and clients. a supply…
Q: Define supply chains in brief with any example.
A: The supply chain is defined as the set of activities performed by various businesses, to deliver the…
Q: Describe the locavore strategy in supply chains. Is thisstrategy always feasible?
A: The ‘Locavore Strategy’ in supply chains motivates consumers to buy products locally grown and sold…
Q: aintain an existing supply chain, wh
A: The distribution of a product from its place of origin to its point of consumption is referred to as…
Q: that adoption of a modern Enterprise resource planning software such as Microsoft Navision would…
A: Flexible deployment choices, increased security and privacy, long-term viability, and low-code…
Q: A firm’s cost of goods sold last year was $3,410,000, and the firm operates 52 weeks per year. It…
A: COGS = 3,410,000 52 weeks per year
Q: Can you think of other attributes that might be associated with SUPPLY SCHEDULE?
A: Supply management manages the flow of goods and services from the movement of raw material to…
Q: A firm’s cost of goods sold last year was $3,410,000, and the firm operates 52 weeks per year. It…
A: COGS = $3,410,000 52 weeks per year
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A: The execution of IoT, big information, AI, and prescient and prescriptive investigation is upsetting…
Q: SUPPLY CHAIN SEGMENTATION ABC ANALYSIS PRICE (USD) 2.25 PART ID ANNUAL DEMAND PO01 260 PO02 2.85 43…
A: The stock keeping unit (SKU) is an alphanumeric code assigned to inventory that allows retailers to…
Q: Supply chain management's main goal is to ?
A: Supply chain management is the management in which raw materials and resources are transformed into…
Q: Describe the supply chain for your university or college.Who are the suppliers, producers, and…
A: On the campus, the supply chain is simple to understand. Here:
Q: Nowadays, in the context of the prevailing situation of COVID 19, the business environment is filled…
A: Supply chain Management can be defined as the system of the flow of material and the product in the…
Q: Explain why is it important to consider uncertainty when evaluating supply chain process?
A: The procedure of transporting a product from the maker to the buyer is referred to as supply chain…
Q: A firm’s cost of goods sold last year was $3,410,000, and the firm operates 52 weeks per year. It…
A:
Q: n integrated supply chain information system and the importance of technological innovations that…
A: Information integration refers to the exchange of information among supply chain integration…
Q: Define the Block chain in Supply chain?
A: A block chain is a technology that assists the members of the supply chain in transacting…
Explain why is it necessary to consider uncertainty when evaluating supply chain process?
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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?