supply-chain management

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supply-chain management © 2006 prentice hall, inc. 11 – * supply-chain management © 2006 prentice hall, inc. * © 2006 prentice hall, inc. 11 – * the strategic importance of the supply chain supply-chain management is the integration of the activities that procure materials and services, transform them into intermediate goods and the final product, and deliver them to customers competition is no longer between companies; it is between supply chains * © 2006 prentice hall, inc. 11 – * scm vs traditional purchasing traditional purchasing focuses on initial cost; scm focuses on total cost of ownership traditional purchasing tries to negotiate the price that is best for the purchaser; scm focuses on negotiating a price that is best for the entire supply chain. © 2006 prentice hall, inc. 11 – * a supply chain figure 11.1 * © 2006 prentice hall, inc. 11 – * supply chain flows initial …

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nd international laws, customs, and practices, your organization’s policies, and these ethical principles and standards of conduct enhance the stature of the supply management profession table 11.5 * © 2006 prentice hall, inc. 11 – * managing the supply chain mutual agreement on goals trust compatible organizational cultures there are significant management issues in controlling a supply chain involving many independent organizations * © 2006 prentice hall, inc. 11 – * radio frequency tags * © 2006 prentice hall, inc. 11 – * vendor selection vendor evaluation critical decision find potential vendors determine the likelihood of them becoming good suppliers vendor development training engineering and production help establish policies and procedures * © 2006 prentice hall, inc. 11 – * vendor selection negotiations cost-based price model - supplier opens books to purchaser market-based price model - price based on published, auction, or indexed price competitive bidding - used for infrequent …

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c. 11 – * chapter 11 quiz record your answers to these questions on a scantron 882 (the size we use for examinations). bring this scantron to exam iii and use it for the rest of the examination. the two questions on this quiz comprise the first two questions on exam iii. © 2006 prentice hall, inc. 11 – * chapter 11 quiz 1. supply chain management is concerned with the flow of goods and information from initial supplier to ultimate customer. the flow of goods and information from immediate supplier to immediate customer. obtaining the absolute lowest priced materials from suppliers. playing multiple suppliers against each other to obtain the lowest prices. increasing the number of suppliers to obtain the lowest prices. © 2006 prentice hall, inc. 11 – * chapter 11 quiz a supplier invites you to attend a professional football game at his expense. you have no …

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supply-chain management © 2006 prentice hall, inc. 11 – * supply-chain management © 2006 prentice hall, inc. * © 2006 prentice hall, inc. 11 – * the strategic importance of the supply chain supply-chain management is the integration of the activities that procure materials and services, transform them into intermediate goods and the final product, and deliver them to customers competition is no longer between companies; it is between supply chains * © 2006 prentice hall, inc. 11 – * scm vs traditional purchasing traditional purchasing focuses on initial cost; scm focuses on total cost of ownership traditional purchasing tries to negotiate the price that is best for the purchaser; scm focuses on negotiating a price that is best for …

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