Purchasing and Supply Chain Management
6th Edition
ISBN: 9781285869681
Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher: Cengage Learning
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Question
Chapter 9, Problem 5DQ
Summary Introduction
To discuss: The logic behind maintaining multiple suppliers.
Introduction: Supply management is the process of managing the suppliers and raw materials or resources that are essential for the organization’s operations.
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supply chain management
Procurement comprises of three main stages namely identification of need, supplier selection and acquisition. Consider a firm is supposed to buy two types of material A and B. Material A is the routine buying where material B is nominated as CAPEX oriented. • Identify the functional and innovative buying• Role of Earlier supplier and supply involvement in each case• For which case, the company can proceed with brand specific purchasing and why?• Evaluate the benefits of hybrid buying structure for each case covering the benefits of both centralized and decentralized buying• Establish which of the purchasing requires RFQ and RFP and why?
Discuss why supplier managed inventory and integrated supplier programs becoming more popular with buyers when selecting a supplier ?
Provide a brief discussion on “local, national and international suppliers”. Your discussion should include the geographic location, at least one advantage, and at least one disadvantages of each type of supplier
Chapter 9 Solutions
Purchasing and Supply Chain Management
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