Create a supplier performance improvement plan

Assignment Help Accounting Basics
Reference no: EM132145430

Question: Write an improvement plan in a 1,050- to 1,400-word document.

You are a Supply Chain Manager of a building supply company. Your company sells building materials to building contractors, home improvement construction companies, as well as the do-it-yourself weekend project homeowners.

You have been struggling with the supplier of roofing nails for several months and you are fast approaching the peak roofing season. The supplier has been late on delivering orders and when orders are delivered the boxes are damaged and the quantities of nails in the boxes are inaccurate. Each box should have 1,000 nails, but you are getting complaints from your customers that they are only receiving partial quantities in the boxes. The situation with the supplier is getting so bad that some of your major customers are threatening to go to another building supply company for roofing nails.

You have to get this situation under control before you lose much needed seasonal sales!

Create a supplier performance improvement plan.

Incorporate Lean Six Sigma methodology into the problem solving and corrective action process.

Include the steps that need to be taken to identify the root cause, potential containment, and corrective action. Include how you will monitor the supplier's compliance to corrective action, and explain whether or not the corrective action is effective.

Reference no: EM132145430

Questions Cloud

Translation of system commands : One of the issues in early virtualization use was slow performance due to translation of system commands.
Produce a narrative which describes the added error : Need references for information for the following dealing with CSMS (Consolidated Sales and Marketing System Project)
What was the determining factors : A credible person will do what they say. Describe a time when you felt free in displaying your integrity at work. Describe a time when you felt fearful.
What normal form this table is in : 1a. What normal form this table is in ? Why? 1b. How many "themes" are in this table? (Note: a table with good design only expresses one theme)
Create a supplier performance improvement plan : You have been struggling with the supplier of roofing nails for several months and you are fast approaching the peak roofing season.
What gives rise to the currency exposure at aifs : FINA 4329: What gives rise to the currency exposure at AIFS? What are the two random variables that Archer-Lock and Tabaczynski have to deal with?
Do you believe that the sec should prohibit auditors : Do you believe that the SEC should prohibit auditors from providing all nonaudit services for audit clients? Use ethical reasoning to support your answer.
Configuring name resolution : As the administrator of the Contoso Corporation, you manage an internal website that is often used by most users with the company.
What are the minimum and maximum values : What are the minimum and maximum values (in decimal) if an 8-bit binary number is given unsigned and two's complement formats?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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