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- Concerns of suppliers when moving to SupplierPartnerships include:a) small lots sometimes seeming economicallyprohibitive.b) realistic quality demands.c) changes without adequate lead time.d) erratic schedules.e) all of the above.Which of the following is not a characteristic of thefactor-weighting approach to supplier evalution?a) it applies quantitative scores to qualitative criteriab) the weights typically sum to 100%c) multiple criteria can be considered simultaneouslyd) subjective judgment is often involvede) it applies qualitative assessments to quantitativecriteria4. Jay is a senior buyer at an electronics factory. He plans to provide an orientation training to his junior buyers on the importance of information in supply chain.(a) Analyse the characteristics of good information with relevant examples.(b) Discuss the challenges of information technology management. answer guidelines - (a) to analyse characteristics of good information with example - appropriate, accuracy, accessible when needed - (b) to discuss the challenges of information technology management. cybersecurity threat, incomplete data (GIGO), high implementation cost, lack of knowledge/resources
- 25_______ can be reduced by working closely with key suppliers: Select one: a. Synchronization b. In-bound lead times c. Complexity d. Production costsWhich of the following is not a characteristic of thefactor-weighting approach to supplier cvalution?a) it applies qua ntitative scores to qualitative criteriab) the weights typically sum to 100%c) multiple criteria can be conside red simultaneouslyd) subjective j udgment is often involvede) it applies qualitative assessments to quantitative criteria23. Amid Covid-19, there is a lot of debate about on-shoring by the companies due to the supply chain disruptions and total costs of ownership (TCO). Discuss.
- Based on the relationship and agreement with the vendors, what are the 2 vendor workflow options to pay your vendors?(Select all that apply) A. Bill > Pay Bills B. Invoice > Receive Payment > Create Deposit C. Create Purchase Order D. Expense or Check E. Delayed Charge > Pay BillsSuppose that a large discount retailer with a lot of purchasing power in a supply chain requires that all suppliers incorporate a new information system that will reduce the cost of placing orders between the retailer and its suppliers as well as between the suppliers and their suppliers. Suppose also that order quantities and lead times are related; the smaller the order quantity the shorter the lead time from suppliers. Assume that all members of the supply chain use a continuous review system and EOQ order quantities. Explain the implications of the new information system for the supply chain in general and the inventory systems of the supply chain members in particular.1.) Developing a reliable and trustworthy supplier base is critical to success. True False 2.)The tragedy surrounding the Rana Plaza Factory collapse would have most likely been avoided with sound corporate social responsibility practices in place. True False 3.)Supply strategies are crucial to a business’s success. True False 4.)Location of a factory would not be considered a key factor in the decision-making process surrounding supplier choice. True False 5.)Fast fashion does not negatively impact the environment. True False 6.)Most apparel companies own their own factories and control their own fabric supply. True False 7.)Retailers have embraced the omnichannel model to provide buying options for their customers. True False 8.)Strategic line planning is considered necessary in developing the end product. True False 9.)Near-shoring’s main benefit is reducing lead time. cutting down on travel costs. using less people.…
- true or false Introducing pressure on internal suppliers is a motive for corporate venturing.Please do not give solution in image format thanku Profitsfor the company can rocket upward if it achieves sufficient savings in supply chain costs. This is important given the broad scope of the supply chain, which extends beyond the company to include both suppliers and customers. A systematic approach is also important because of the variable requirements supply chain managers must manage. With reference to this information, Examine the influence of systems analysis towards effective identification of organizational goals and purposes. Provide real life examples to support your discussion.SLO 8.2. If the buyer does not have a clear and unambiguous description or specification and wants to find out which supplier can deliver the best value when and where needed, he or she will typically issue a: Request for quotation (RFQ)Request for proposal (RFP)Request for information (RFI)Request for bid (RFB)Request for suggestions (RFS) SLO 9.1. Blanket purchase orders: Reduce costs by decreasing the number of purchase orders issuedCover multiple purchase requirements on one orderAre difficult to prepareReduce costs by decreasing the number of purchase orders issued and cover multiple purchase requirements on one orderReduce costs by decreasing the number of purchase orders issued, cover multiple purchase requirements on one order, and are difficult to prepare