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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Frequent Shopper Program For Kudler Fine Foods Proposal By Smith Consulting Prepared By Russ Burt For BSA/385 Sunday‚ July 22‚ 2012 Instructor : Joseph Mills For this type of endeavor there are a few items that need to be considered before moving ahead with the project. The first and most important is how the points are going to be earned and tracked. Next is how are the customers going to check the balance of their points‚ and lastly how are they going to redeem those
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Term Paper Worldwide Sourcing Many companies in today’s business world are exploring new ways to surpass their competitors. Over the past twenty years‚ there has been a significant increase in worldwide sourcing. According to Tim Minahan from SearchCIO‚ global sourcing is the process of identifying‚ evaluating‚ negotiating and configuring supply across multiple geographies to reduce costs‚ maximize performance and mitigate risks (Minahan‚ 2003). So why is going international so popular among
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Date: From: To: Subject: November 17‚ 2011 Andy Moon – A00838117 Mr. Karl Fichter Case Study 2 – Pressure Vessel 1. Problem The supply manager of Oceanics Inc.‚ Jack Toole‚ is faced with a situation in decisionmaking for purchasing one manufactured pressure vessel from either one of the two suppliers‚ Atomic Products Company and Nuclear Vessels‚ Inc.‚ who will provide the best value. While Jack needs to choose the best value from a purchasing standpoint‚ he also needs to choose a supplier
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ABC Instructor Assignments 1. Ken’s Carpets sells carpet for both residential and business use. To better estimate costs‚ the company recently adopted an activity-based costing system. Last year‚ the company incurred $300‚000 in overhead costs. Based on an intense study of their company‚ the following activities‚ allocation bases‚ and percentages of overhead costs were determined: Activity | Allocation Base | Proportion of Overhead Cost | Purchasing | Number of purchase orders
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I. Who should take the blame for getting Standard Machines Corp into the crisis it faces vis-à-vis closing on a major sale with an established account? The blame for Standard Machine Corp can be directed in one of three ways: Industry: One could argue that innovation in the machine tool equipment industry has been stagnant and resulting caused customers to view machines as commodities and compete on price. Another thought is that the industry allowed a low cost player to enter and therefore
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EXECUTIVE SUMMARY • Indents were approved in all levels‚ but such indents were pending for Purchase Order. • Indents pending for 4th approval‚ hence preparation of Purchase Order was also pending. • Same nature of items was routed through different item head. • Rates on the same date differ of items having similar description. • Purchase Order prepared for higher rates‚ however rates which was agreed was less. • Condition of excess carting mentioned in Purchase Order; however
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Consumer involvement Theory - CIT - is one way to understand the psychology and behavior of your target audience. > There are others. But none quite so quick‚ simple and insightful. Involvement refers to how much time‚ thought‚ energy and other resources people devote to the purchase process. The Emotional / Rational scale is a measure of reason vs. impulse‚ desire vs. logic‚ passion vs. prudence. That sort of psycho stuff. There are four general categories. And we have some examples plotted
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Sealed Bids vs. Competitive Proposals Sealed bidding and Competitive Proposals have their advantages and disadvantages for private contractors. The government offers the opportunity to contractors to place their bids depending on the specifics of the job or the contract requirements then the government will choose the channel which they will send the solicitation through. For Sealed Bidding is an Invitation for Bids and for Competitive Proposals bids are two ways of solicitation
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Questionnaire On Study of Scope & Consumer Perception for e-Retailing of Grocery Items * Symbol indicates this is a required question. Top of Form Name * [pic] Age * o [pic] 18-21 o [pic] 21-25 o [pic] 25-30 o [pic] >30 Gender * o [pic] Male o [pic] Female Profession * o [pic] Student o [pic] Working o [pic] Housewife Do you have any work-ex? * o [pic] Yes o [pic] No Were
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