PROJ410 Midterm Exam Study Guide YOU MAY WANT TO PRINT THIS GUIDE. 1. The Midterm Exam is open book‚ open notes. The maximum time that you can spend in the exam is two hours. If you have not clicked the Submit for Grade button by then‚ you will be automatically exited from the exam. In the Midterm Exam environment‚ the Windows clipboard is disabled‚ and so you still will not be able to copy exam questions or answers to or from other applications. 2. You should click the Save Answers button in
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Integrating Sustainability into Nike’s Procurement Process A key element of NIKE‚ Inc.’s corporate responsibility strategy is integrating knowledge and values across our organization. It’s a marathon‚ not a sprint. One example of integration comes from Global Procurement‚ which sources non-product suppliers for Nike (processes for selecting and monitoring product suppliers are described in the Workers and Factories section). Over the past five years‚ Global Procurement has partnered with several NIKE
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Industrial Market Vs Consumer Market Market Structure Understanding Industrial markets Industrial Market Geographically conc. Fewer buyers (relatively) Big buyers ( small number of large buyers) Consumer Markets Geographically dispersed Mass markets Free Market (large number of buyers) 1 Industrial Market Vs Consumer Market Market Structure - Example Understanding Industrial markets Industrial Market ( Rutile for Paints) Major ten cities. Fewer buyers (example 500) Oligopolistic buyers with
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Overview The case study “Jose Ignacio Lopez de Arriortua” outlines the automotive’s executive success and tribulations among GM and Ford‚ known for his charismatic‚ competitive‚ innovative and controversial manufacturing practices and sourcing strategies. Lopez was responsible for the emergency of GM as one of the most cost competitive operations in Europe‚ by working with suppliers to cut component costs. Companies selected to do business with GM would have to bid among each other‚ being the lower
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CONTENTS PROCUREMENT MANAGEMENT 642 ASSIGNMENT 1 1 Aim of Assignment: 1 Assignment - Four questions 1 Dates & Penalties 1 Format 1 Question 2(a) CASE STUDY - ETHICS IN PROCUREMENT - MS SMITH 2 Question 2(a) 2 Question 3 - CASE STUDY - THE TENDERING PROCESS - RAY GUNN 3 Question 3 4 Question 4 - CASE STUDY - CONTRACT ADMINISTRATION - TOM DEWEY 4 Student notes 5 PROCUREMENT MANAGEMENT 642 ASSIGNMENT 1 Aim of Assignment: • SPECIFICATIONS - To demonstrate the ability to
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hallenges to Global Logistics Adapting the Council of Logistics Management definition of logistics‚ “Global logistics plan‚ controls‚ and manages the movement and storage of goods‚ services‚ and related information as it moves across international boundaries from raw material provider to consumer also considering the handling of return goods and containers. While there are some that would argue that there is not much difference between domestic and international logistics‚ there are some substantial
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Content Executive Summary……………………………………………………2 1. Introduction……………………………………………………….….3 2. Production line……………………………………….………………3 3. Managerial challenges of LWT……………………………………..5 4. Job shop………………………………………………………………5 5. Managerial challenges of LWT…………………………………….7 6. Recommendation……………………………………………………8 8. Conclusion……………………………………………………………9 7. References…………………………………………………..………10 Executive Summary The purpose of this report is to analyze and research two types of manufacturing processes
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department or team of a company basically seek to answer these two questions: what we buy and how we buy. The answers to these two questions can change depending to companies size and sector. Indeed‚ by answering these two questions is the main goal of procurement team or department is to create best value for money and to maximize it. It is possible to maximize best value for money by obtaining surplus value. Surplus value is different from the value. Surplus value locates between cost of production for
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purchasing team must understand the goals and business strategy of the organization. Purchasing and inventory management will have a huge impact on the company’s bottom line. Part of the purchasing process is dealing with foreign suppliers and e-procurement. The purchasing personal are required to fulfill many functions within the organization. The purchasing personal is responsible for some level of approving the acquisition of goods and services used by the organization. The business environment
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Government: Municipal Systems Act The Preferential Procurement Policy Framework Act (PPPFA) Broad-based Black Economic Empowerment Act The King Report II on Corporate Governance for South Africa 2002 The Prevention and Combating of Corrupt Activities Act The National Small Enterprise Act Construction Industry Development Board (CIDB) Act State Information Technology Agency (SITA) Act Public-Private Partnerships Policy to guide uniformity in procurement reform processes in Government National Treasury
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