Supply chain and sourcing strategy
Not what you're looking for?
1) What approach would you take if asked to re-evaluate your organization's current sourcing strategy? What factors would you consider and how would you prioritize them? What impact does the decision about where and how much inventory of raw materials to procure have on your analysis?
2) Compare your own organization's sourcing strategy with that of a competitor who has taken a different approach. Hypothesize why you should chose a different strategy. Does either or both support their organizations' vision and competitive advantage? How do these strategies relate to the global nature of today's marketplace?
Purchase this Solution
Solution Summary
This solution gives you a detailed discussion on Supply chain and sourcing strategy
Solution Preview
Supply chain/sourcing strategy
1) What approach would you take if asked to re-evaluate your organization's current sourcing strategy? The approach that one should take when asked to re-evaluate my organization's current sourcing strategy should be to evaluate the suppliers from whom our company buys. In addition, my company should evaluate the quantities it is buying from each supplier. In my opinion the supplier mix that my company uses should be changed. Next, my company should re asses what we need to buy from a given supplier. Finally, we need to assess how the buying practices of the organization should be changed. What factors would you consider and how would you prioritize them? My company makes plastic molding products and I feel that the procurement strategy for plastic pellets, color pellets and additives should be reevaluated. The priories for sourcing should take into account, the quality of ...
Purchase this Solution
Free BrainMass Quizzes
Operations Management
This quiz tests a student's knowledge about Operations Management
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.