EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Question
Chapter 12, Problem 3CSQD
Summary Introduction
Interpretation:
Total cash to cash conversion cycle.
Concept Introduction:
The cash-to-cash conversion cycle is one of the most crucial financial metrics for supply chain performance. It is defined as the cash flows from the time costs are incurred (such as purchasing the raw material inventory) to when it is paid (i.e. the accounts receivable).
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Where possible, the inventory costing method shouldmimic actual product flows.” Do you agree? Explain.
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question :
1/ According to Weele, the items that we measure determines the role of the purchasing function. List these roles, and show the mapping.
2/ According to Simpson and et.al, why should we measure the performance of our suppliers?
3/ According to Simpson and et. al, what are the characteristics of our suppliers should we measure? List these down in terms of evaluative criteria and its details.
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