Reference no: EM131112059
Your Supply Chain Manager has assigned you the responsibility of developing a new Supplier Evaluation process for your company. Your company has experienced an unfavorable trend in low productivity as a result of component availability, re-working of product, and increased inventory levels of nonconforming material. Your company cannot seem to effectively measure supplier performance because it doesn't know which metrics to implement that will drive the right changes.
To make matters worse, your company is working to become ISO9001 certified. ISO9001:2008 requires supplier evaluation and data analyses so this needs to be considered when developing the Supplier Evaluation process.
Identify the top ten supplier performance criteria you want to use in the evaluation process
Create a Supplier Evaluation template with the key criteria data you want to analyze.
Write a 1,050- to 1,400-word proposal that includes:
Purpose of a Supplier Evaluation process
Example of template
Implementation plan: include who is responsible for collecting data and how you will determine which suppliers will be measured.
Supplier communication plan to inform selected suppliers of this new process
Explain how data will be used to drive supplier performance improvements.
|
Explain unnatural selection or artificial selection
: 1. Write a paragraph explaining who Charles Darwin was, when he lived, and where, as well as some of the things he did that changed our view of the Universe. Link (Links to an external site.)
|
|
Calculate the yield to maturity ytm on this bond.
: The Salem Company bond currently sells for $955, has a 12% coupon interest rate and a $1,000 par value, pays interest annually, and has 15 years to maturity. a. Calculate the yield to maturity (YTM) on this bond. b. Explain the relationship that ex..
|
|
Four different operations
: A certain product requires exactly 48 minutes of total active assembly time to completely assemble through four different operations. Each operation has one worker.
|
|
Determine the focal length of the mirror
: A convex mirror produces a virtual image that is three fifths the size of the object. Determine the image distance if the object is 35.0 cm in front of the mirror. (Indicate the direction with the sign of your answer.)
|
|
Explain how data will be used to drive supplier performance
: Create a Supplier Evaluation template with the key criteria data you want to analyze.
|
|
Service rate per server
: Service rate per server = 16 dinners/hour? ?What does the service rate per server assume? Explain.
|
|
The relationship between a bond yield to maturity
: The relationship between a bond's yield to maturity and coupon interest rate can be used to predict its pricing level. For each of the bonds listed, state whether the price of the bond will be at a premium to par, at par, or at a discount topar
|
|
Interpret the meaning of the slope
: Discuss your findings in a few sentences. Is r positive or negative? Why? Is a line a good curve to fit to this data? Why or why not? Is the linear relationship very strong, moderately strong, weak, or nonexistent?
|
|
Implement a six sigma quality initiative
: Define Six Sigma, and explain the key concepts used to implement a Six Sigma quality initiative.
|