MARKETING
7th Edition
ISBN: 9781260087710
Author: Grewal
Publisher: RENT MCG
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Chapter 16, Problem 10MA
Summary Introduction
To discuss: The manner in which Person X manages an important supplier if they become more unreliable in terms of quality and delivery.
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Effective supply management enables a firm to meet its strategic objectives and improve performance. You are a supply chain management consultant appointed by a fast-moving consumer goods (FMCG) organisation that is experiencing basic supply chain issues.
Discuss any two supply management goals the FMCG organisation should achieve to improve the supply chain’s performance. You must also include practical examples as well as a justification as to why you have identified these two goals as the most important.
A supply chain’s primary function is to take products from creation to delivery, but it can also provide an organisation with a competitive advantage within an industry and with an organisation’s customers. From start to finish, supply chain offers opportunities to spearhead innovation, maximize organisational savings, boost company profits, and positively impact their customers’ experience through their brand. Do you agree or disagree with this statement? Explain
You are a Supply Chain Procurement Manager working for a large manufacturing company located in North America. Recently, you have found out that one of your suppliers is in contravention of your company’s standards of engagement because they are employing persons aged 14 to 16 years of age. Whilst you would prefer to end the business relationship with this supplier immediately, you have to weigh up the ethical issues with the commercial considerations including; the low cost of the supplies and the history of reliability of delivery from this supplier.
Required:
Based on your knowledge of corporate social responsibility, as well as supply chain logistics, what is the best course of action in this situation? Discuss.
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Similar questions
- Supply chain management decisions drive most of the costs for every company, so marketers are constantly on the lookout for opportunities to reduce the amount of money that they spend. What possible supply chain savings might you suggest if you were a retailer in a lengthy supply chain that included producers of raw materials, manufacturers, and wholesalers?arrow_forwardWhy does a buying firm want to be perceived by a supplier as a good customer? Provide specific examples of what a firm must do to be a good supply chain customer.arrow_forwardAssume you are the Chief Purchasing Officer at a manufacturer of mobile cellulardevices; develop a plan to manage the risks in your supply base.arrow_forward
- supply chain vulnerability is an exposure to serious disturbance arising from risks within the supply chain as well as risks external to the supply chain. Why are today's supply chains vulnerable, explain four reasons to support your answer?arrow_forwardOrganizations face an important decision in choosing how supplier performance is to be measured. Organizations must also determine what to measure. As the purchasing manager, how would you measure the performance of your selected suppliers?arrow_forwardHow critical is the role of a supplier?arrow_forward
- What Is Factors Affecting Supply Management’s Role inManaging Supplier Quality?arrow_forward. Your company manufactures digital gauges for different industries and recently chose China as the next international market to enter. One of your friends who works at another company that already exports to China mentioned the “China Compulsory Certification (CCC Mark)” your company needs to acquire in order to export your products. Review the “Exports Tutorials” section in the “reference Desk” on globalEDGEand read about the CCC Mark on the external link provided. Prepare a summary for your management to explain what CCC Market is about and what the application process is.arrow_forwardSelect three types of supply chain risks and explain in-depth how supply chain managers can help mitigate these risks. That is, develop an action plan to mitigate these risksarrow_forward
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