Procurement at the product conceptualization stage

Assignment Help Supply Chain Management
Reference no: EM13244338

QUESTION: Various specialists to ensure all procurement needs are met. In line with your debate, involving suppliers as those specialists in related area of procurement at the product conceptualization stage, which is referred to as "early supplier involvement, or ESI", may perhaps important to make certain all procurement and product requirements will be met. In spite of the possible benefits from ESI for clients, you cannot assume all this sort of interactions will result in rewarding for suppliers.

Accordingly, ESI may relate to the degree a supplier is inclined to expend and share the information, sources and techniques to operating thoroughly with a key purchaser during the early stages of the product/project development (LaBahn and Krapfel, 2000).

Therefore, some risks probably associated with ESI for both parties as well as some risk mitigation for the project/product development as a whole. I'd like to have your discussions on pros and cons (opportunities and threat) of ESI in the process of product/project conceptualization development.

Reference no: EM13244338

Questions Cloud

What is the total momentum of the system : A system consists of three particles with these masses and velocities: mass 3.2 kg, moving north at 3.0 m/s; mass 3.8 kg, moving south at 4.9 m/s, What is the total momentum of the system
Explain what is the maximum volume of n2o : Calcium nitrate will react with ammonium chloride at slightly elevated temperatures, as represented in the equation Ca(NO3)2(s) + 2NH4Cl(s) ? 2N2O(g) + CaCl2(s) + 4H2O(g). What is the maximum volume of N2O at STP that could be produced using a 2.4..
Find the slowest speed of the electron : A parallel-plate capacitor is formed of two 10 cm x10 cm plates spaced 1.0 cm apart, What is the slowest speed the electron can have if it is to reach the negative plate
By how much would the demand for imported tv sets : (1) the price of TV setsincreases by 4% in Japan, (2) the dollar depreciates by 5% withrespect to the yen, (3) the consumers' incomes in the U.S.increase by 3%, (4) the price of elasticity of demand for importedTV sets in the U.S. is -1.5
Procurement at the product conceptualization stage : Various specialists to ensure all procurement needs are met. In line with your debate, involving suppliers as those specialists in related area of procurement at the product conceptualization stage
Draw a free-body-diagram of the pith ball : A 100 mg pith ball hangs by a thread in the center of a parallel-plate capacitor. The capacitor plates are 5.0 cm x 5.0 cm, Draw a free-body-diagram of the pith ball
How many of each shouldthe jeweler order to maximize profits : The profit on a gold necklace is $15 and the profit on the goldbracelet is $25. A jeweler's showcase has room for at most 60necklaces and bracelets combined. The demand for the necklaces isat least 3 times the demand for bracelets.
Find the competitive equilibrium of good exchange : Consider a 2 good exchange economy with 2 consumers. Consumer A'spreference is u(x1,x2) = lnx1 + ln x2. B's preference is represented by U(x1,x2) = 2 ln(x1) + ln (x2). Suppose the initial endowments are (5,7) for A and (10,8) for B.
Find the temperature of the hot filament : A certain lightbulb has a tungsten filament with a resistance of 19.1 ? when at 20.0°C and 139 ? when hot, Find the temperature of the hot filament

Reviews

Write a Review

Supply Chain Management Questions & Answers

  Slow steaming as part of a supply chain strategy

How should a shipper decide whether or not to use slow steaming as part of a supply chain strategy?

  What do you meant by logistics performance index

What do you meant by Logistics Performance Index?  How can it be used? Give an example. Evaluate the expected number of trucks waiting in the queue to be unloaded and evaluate the expected time in the queue- that is the expected time a truck has..

  Develop a process map for manufacturing a product

What products or services of the company are you analyzing and how are these products made or services provided?

  What is your opinion

At the end of 2008 the number was already 42 1 and in the year 2010 the WTO expects a total number close to 350 of additional Free Trade Agreements implementations, nearly doubling the existing amount (World Trade Organization, 2010).

  Production space through lean implementation

What other types of benefits do you feel the business would enjoy when freeing up this much production space through lean implementation?

  Why do trade promotions often increase cycle inventory

Why do trade promotions often increase cycle inventory but fail to generate significant increases in customer demand? Please discuss in context of one industry.

  What is public sector internal auditing

What is Public Sector internal auditing

  What supply chain would be suitable for a functional product

Supply chains are generally of two types: physically efficient supply chains, and market responsive supply chains.  What type of supply chain would be suitable for a functional product? Why?

  List all the elements that make up the human body

List all the elements that make up the human body. Answers must be in alphabetical order.

  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.

  Discuss the various issues of operations separately

What ways do these operations issues interact to create bigger, compound problems or do they act to reduce some issues. How in what ways can you find solutions or improvements that will work synergistically?

  Marketing or logistics interface

Customer service is often the key link between logistics and marketing within an organization. Define and discuss the Marketing/Logistics interface. What role does logistics play?

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