Drive the total cost of procurement down

Assignment Help Supply Chain Management
Reference no: EM13819794

The concept of reverse auctions has become popular to drive the total cost of procurement down. Discuss how reverse auctions might be a good fit for some supplies and not for other supplies. Also include how a reverse auction might function as part of the parts return process.

Reference no: EM13819794

Questions Cloud

Response to an incident involving a computer : Response to an Incident Involving a Computer
Solve the system of equations : Solve the following system of equations 1,      x+2y=2          -4x+3y=25
Determine an appropriate certification for the industry : Determine an appropriate certification for the industry you are currently employed in. Briefly describe the certification requirements, identifying the benefits in obtaining the certification and possible hurdles for a company.
Describe the open systems interconnection : Describe the Open Systems Interconnection
Drive the total cost of procurement down : The concept of reverse auctions has become popular to drive the total cost of procurement down. Discuss how reverse auctions might be a good fit for some supplies and not for other supplies.
Important challenge facing the financial management : What is an important challenge facing the financial management of organizations today, and how would you go about addressing it? Explain.
Describe the nature of the information system : Describe the nature of the information system
Discuss the rights and liabilities of the partners : Discuss the rights and liabilities of the partners and Lemon International Ltd - Sophia and Ben were furious on learning of this transaction and contacted Lemon International Ltd to pick these goods from their partnership premises, arguing that Mar..
Type an equation for g(x) that results : In your own words, what does it mean for two equations to be dependent or to be independent? Type an equation for g(x) that results, with f(x), in an independent and consistent system: f(x) = 2x - 8 g(x) = ?

Reviews

Write a Review

Supply Chain Management Questions & Answers

  What is your thought on position

Post Tender Negotiation sometimes gets to bid-shopping, which is applied at this point to indicate client attempts to reduce the supplier's final price.

  Similarities and differences in capabilities of srm software

What are the similarities and differences in capabilities of SRM software offered byi2, Oracle, and SAP?Please research the company websites to get the latest information.

  Show the bill of material

Show the bill of material-product structure tree and if 100 units of A are required in week 10, develop the MRP planning schedule, specifying when items are to be ordered and received. There are currently no units of inventory on hand.

  How will this affect the southeastern location

Based on the available information, is Atlanta the best location for a distribution center to serve the southeastern region? If not, what would you recommend - The Fireside transportation department projects a 25 percent rate increase in 2013 from..

  Production capacity should the manufacturer reserve

How much production capacity should the manufacturer reserve for the last day and A group of customers have said that they would be willing to pay $15 per unit if capacity was available on the last day.

  Evaluate the impact of globalisation

Working individually to evaluate the impact of globalisation on the value chain and purpose of assessment is to identify and analyse elements of the value chain and understand how they must interact to create value for the organisation.

  Current public procurement legislation

Current public procurement legislation prohibits post-tender price negotiation for the UK National Health System (NHS) - Do you agree with this rule, or do you think the rule should be relaxed?

  Risks associated with e-procurement

Some risks that are associated with e-procurement has extracted from the work of Young (2011) in different aspects such as those related in breach of contract, delivery delay, hole clauses, payment, and labor cost.

  Critical path that resulted from crashing the project

The shortest amount of time in which the project schedule can be crashed without exceeding $7K and the project critical path that resulted from crashing the project

  Determine whether a wbs is necessary for every project

Determine whether a WBS is necessary for every project irrespective of its scope. Do you think a WBS is needed for a project where the scope is only to renovate the living room, which includes furniture and painting as major deliverables

  Deciding to change levels of capacity

What issues need to be considered when deciding to change levels of capacity? How is this decision taken in your or well known industry.

  Discuss the impact of disintermediation

Discuss the impact of disintermediation and how some intermediaries have fought back againsts manufacturers who attempt this practice

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