Planned strategy in e-procurement in terms of the goals

Assignment Help Operation Management
Reference no: EM13964246

You have recently assumed a senior management position at Services, LLC, a mid-sized Wisconsin-based company that manufactures and sells goods mostly to businesses. One of the reasons the company hired you is to help them expand their e-Commerce business because of your knowledge and experience in this area. In the most recent past, the company had attempted to embrace e-Business and e-Commerce, however it did not have much success doing that. One major reason for the failure in this area was because no one in the company at the senior level was familiar with, or had any experience in e-Business or e-Commerce. The first area in e-Business and e-Commerce that you have been tasked to work on is procurement.

Required:

a) Discuss your planned strategy in e-procurement in terms of the goals to be accomplished, and how these goals can be accomplished. (Note: This is a two-part question. Be sure to answer both parts of the question)

 

b) Outline the reasons why the senior management committee should approve the plan you discussed above, i.e. operating as an e-business

Reference no: EM13964246

Questions Cloud

Identified list at least two components of business process : As a consultant, you have been hired to help SysDo, Inc. implement a wireless network. SysDo, Inc. is a medium-sized company located in Belleville, Michigan. Identify five (5) business processes at SysDo, Inc., and for each business process identifie..
Organizational culture would impact your leadership style : Think about two (2) with which you are familiar, Analyze their organizational culture. Describe the significant differences in your leadership style as you implement the change in each organization. Explain how the differences in organizational cultu..
Minimum load factor at which the company breaks even : OPIM Bus Inc. offers low-cost bus transportation between Philadelphia and Bryn Mawr. The invested capital is $500,000, corresponding to the investment in the two vehicles it owns. Each of the two buses can carry 50 passengers.  Draw an ROIC (return o..
To ensure a full line of outdoor clothing and accessories : (Teddy Bower Boots) To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. If Teddy Bower decides to include these boots in its assortment, how many boo..
Planned strategy in e-procurement in terms of the goals : You have recently assumed a senior management position at Services, LLC, a mid-sized Wisconsin-based company that manufactures and sells goods mostly to businesses. Discuss your planned strategy in e-procurement in terms of the goals to be accomplish..
Suppose production manager is told to reduce safety stock : Annual demand for a product is 13,000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.65 per ..
Assume was the cost of flying with an empty seat : A small commuter airline operates a 6-passenger airplane. The airline management has applied an overbooking analysis to determine how many reservations they should take for their morning flight. The result of the analysis is shown on the table below...
What is a critical success factor for this committee : DoingIt, Inc. is a service company that relies heavily on technology for a lot of its successful business ventures. Earlier this year, the company announced that it will be making large investments in technology to enable it penetrate more markets in..
Discuss the differences between leadership and management : Discuss the differences between leadership and management, and how a leader's strength affects the business. Discuss resources to find qualified individuals to work for your firm and how operational management and human resources are interwoven.

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