Question 1A sourcing strategy in which two suppliers are used for the same purchased product or service is:     multisourcing.     contingency sourcing.     dual sourcing.     cross sourcing.    Question 2Portfolio analysis begins with assignment to a quadrant before a sourcing strategy is formulated.     True     False […]

Sustainability Visit the Forbes list of “The World’s Most Innovative Companies” at http://www.forbes.com/innovative-companies/list/. Pick one organization that has not been previously posted by your classmates and   Name and summarize at least two of the major sustainability goals of this organization.   Explain what, if any, sustainability requirements does the organization set for its suppliers? […]

Question 1All of the following are associated with the Sarbanes-Oxley Act of 2002 except:     Establishes criminal and civil penalties     Requires periodic reporting     Establishes international accounting standards     Accurate financial reporting    Question 2Profit margin equals cost minus price.     True     False   Question 3Price and […]

Question 1The following arrangement exists when only one supplier has the capability to fill a need:     Sole source     Single source    Question 2The most common form of international payment for supply chain transactions is a:     Promissory note     Letter of credit    Question 3Joint ventures enable partners to […]

Question 1E-procurement can contribute to all of the following except:      Reduced costs    Reduced number of transactions    Longer lead times    Fewer errors    Question 2Deming and Juran are most known for their contributions to managing the supply chain.      True    False    Question 3Competitiveness may be based on:   […]

Question 1Collusive offers are forbidden by:   Antitrust laws     Zoning variances     FEMA     Confidentiality agreements    Question 2A two-step bidding technique would most likely be used with a:     New product     Established product    Question 3A solicitation should include all of the following except:     Complete […]

Weighted-Point Supplier Evaluation Tool using MS Excel Your manager has decided to reduce the number of suppliers for a critical subassembly from three to two. She has asked you to review the three current suppliers (A, B, and C) and to recommend which one to eliminate from the approved suppliers list. You confer on the […]

Market Structures As discussed in our reading this week, suppliers consider the market that they and their customers operate in when setting prices. Using the table that follows, find the market structure that corresponds to your last name.   Your Last Name Begins With      Market Structure   A-N   Monopoly   M-Z   […]

Preparing for the Interview You are working for a manufacturer of a specialized guidance system for the latest jet fighter aircraft used by several branches of the military. Your current position is as a senior supply management specialist reporting to the Vice President of Purchasing. She asks for your help in developing a series of […]

Using Information to Support Sourcing Decisions The purchasing manager has provided the following information for your use:   Spend Category   Amount Thousands US$   Number of Suppliers   Production Machinery   170   2   Maintenance   20   10   Hardware   3   10   Sheet Metal   23   7   […]