Becoming more intertwined with organizational strategy

Assignment Help Operation Management
Reference no: EM131795644

Describe how purchasing strategy is becoming more intertwined with organizational strategy. How has this evolved and how is it changing the role of purchasing managers?

-How organizational strategy is becoming more and more integrated with purchasing activities.

-Trends include more strategic partnerships/alliances with suppliers

-Although price is always a consideration, current trends are showing increased emphasis on quality and delivery

Reference no: EM131795644

Questions Cloud

What was the rate of return for the bond : Two years ago, the price of a bond was 1,071.64 dollars, and one year ago, the price of the bond was 1,133.25 dollars.
Learning outcomes of the course compliment your career goals : How do the goals and learning outcomes of the course compliment your career goals?
Address the wide area network in the virtual organization : Your team project will address the wide area network (WAN) in the virtual organization Acme Medical Center.
Chemical formula of the compound with a molar mass : Write the Lewis structure and chemical formula of the compound with a molar mass of about 70 g/mol that contains 19.7% nitrogen and 80.3% fluorine by mass
Becoming more intertwined with organizational strategy : Describe how purchasing strategy is becoming more intertwined with organizational strategy.
Prepare statement of cash flows-all-star automotive company : Prepare a statement of cash flows. Assume All-Star Automotive had a beginning cash balance of $9,000 - Indicate how each of the events would be classified
Preparation of financial statements for city of eastern : Preparation of the financial statements for the city of Eastern Shores for the year ended September 30, 2009
What will be the market price of bond if yields to maturity : What will be the market price of the bond if yields to maturity for this risk class fall to 6.5 per cent
What was the current yield of the bonds : Bonds issued by Fairfax Paint have a par value of 1000 dollars, were priced at 1,101.1 dollars six months ago, and are priced at 1,041.27 today.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd