Purchasing and Supply Management Scenario
Essay Question 1:
You have been the director of supply for a small company for about a year. During that time you have watched your peers at similar companies receive raises while your salary has stayed the same. Knowing that the CEO of your company values data and impact, you decide to provide her an assessment of your position's value to the company. Detail three effects that your supply department has on the company.
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Solution Preview
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Response:
The supply department plays a vital role in the success of the company, contributing in a variety of areas such as total cost improvement, improving the company's competitive position, advancing supply quality, standardization, and providing a constant flow of supply to the organization. Since the CEO primarily values data and impact, my assessment would include how the supply department contributes to the company's overall financial success, the enhancement in the performance of ...
Solution Summary
This is a purchasing and supply management scenario requiring an essay response. Question 1 of 5.