Tutorial 8 Sourcing & Purchasing Decisions Part A MULTIPLE CHOICE 1. One advantage of outsourcing is that it: a. gives the company a high degree of control over its operations. b. increases the company’s access to state-of-the-art products and processes. c. protects the company’s proprietary designs and processes. d. encourages the development of the company’s core competencies. 2. Which of these is an indirect cost associated with insourcing?
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Michigan South Carolina Arkansas Southeast Alabama Mississippi Georgia 175‚000 Texas Louisiana Florida Alaska Hawaii SportStuff.com contracted with UPS to handle all its outbound shipments 5 According to a 3-year forecast‚ demand will be growing by 0.8 per year (in total and in each region) Projection Zone 2007 × 1.80 2008 × 1.80 2009 × 1.80 2010 [units] [units] [units] [units] Northwest 320‚000 576‚000 1‚036
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products to customers faster than the competition will improve a company’s competitive position. To remain competitive‚ companies must seek new solutions to important Supply Chain Management issues such as modal analysis‚ supply chain management‚ load planning‚ route planning and distribution network design. Companies must face corporate challenges that impact Supply Chain Management such as reengineering globalisation and outsourcing. Why is it so important for companies to get products to their
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The Topic of interest in this essay is “Supply Chain” Definition: A supply chain is a network of suppliers‚ manufacturer and distributors which helps in transformation of raw materials into valuable products and delivering them to the customers at right price‚ right place and right time. The concept of supply chain applies not only to the physical products but also to services. In the case of services‚ suppliers become service supporter‚ manufacturer becomes service creator and the distributors
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steps are designing‚ manufacturing‚ distribution and retailing not always same. “All stages in chain must include consideration of the final customer; moreover each operation in chain should be satisfying its own customer.” Benetton First was Benetton‚ created by Luciano Benetton during the time‚ when knitted clothes were expensive in or handmade by old people in boring colours. Once when his sister made for him bright yellow sweater and it attracted attention of young generation he got an idea to
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Case Study: Global Supply Chain Management and Strategic Sourcing Assignment 1 Due: October 13‚ 2013 at 11:59pm Marks: 20 Sounds like a supply chain problem Metrovox is a German electronics manufacturer that designs‚ develops and manufactures a range of products for the entertainment and home electronics sector. Management has recently focused on two related products‚ Bugabyte and Terabyte Lite. The Bugabyte is a video and audio player with a flash drive. The company has invested heavily in
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3.2 Supply chain industry A company’s supply chain is its central nervous system for how it creates and distributes a product. The industry is made up of the key players who participate in this process‚ including manufacturers‚ wholesalers or distributors‚ retailers and transportation companies. There are three main areas of a company’s supply chain. They include: (Refer to the Picture below) * Procurement or the “buying” process. This includes the purchasing of the raw materials needed to
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hereby give Molde University College the right to‚ free of charge‚ make the thesis available for electronic publication: yes no Is there an agreement of confidentiality? yes no yes no (A supplementary confidentiality agreement must be filled in) - If yes: Can the thesis be online published when the period of confidentiality is expired? Date: 21.11.2010 2 Contents TABLE OF FIGURES ...................................................................................
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Luxembourg: Publications Office of the European Union‚ 2011 ISBN 978-92-79-18270-9 doi:10.2832/30955 © European Union‚ 2011 Reproduction is authorised provided the source is acknowledged. Photos courtesy of: Cover © SNCF‚ page 1 © European Union‚ page 3 © ECSA‚ page 4 © IStockphoto‚ page 5 © Airbus SAS‚ page 6 © European Union‚ page 7 © European Union‚ page 10 © Vasco Morao‚ page 11 © European Union‚ page 12 © gettyimages‚ page 13 © Nissan SA‚ page 14 © European Union‚ page 15 © Airbus SAS‚ page 16
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Chapter 1_The Concepts of Supply Chain Management 1 The Concepts of Supply Chain Management Content 1.1 Introduction 1.2 Definition of a Supply Chain 1.3 Decision Phases in a Supply Chain 1.4 Process View of a Supply Chain 1.5 The Importance of Supply Chain Flows 1.6 Tutorial Questions Learning Objectives After reading this chapter‚ you will be able to: • • • • • • • 1.1 Describe a supply chain and define supply chain management. Define the different organizations that
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