What are challenges in using data for decision making

Assignment Help Supply Chain Management

Reference no: EM132474674

Case Study: FarmCo - The Complexity of Evaluating Suppliers

An Academic Learning Case Study written for the Council of Supply Chain Management Professionals Markus Gerschberger and Ila Manuj, FH-Steyr

Discussion Questions

Question 1. What are the three key challenges in using data for decision making?

Question 2. Use traditional ABC analysis (using purchasing € value as the benchmark) to identify the top 20% suppliers.

Question 3. Use the guidelines presented by Ingrid to identify the top 20% suppliers.

Question 4. Are the suppliers identified as critical, the same, or different based on the two approaches? Which ones are common?

Question 5. In your opinion, which approach is better? Why?

Question 6. Identify two other measures to include for each of the four broad measures of SR, SM, SI, and SD. For each item, identify how you will quantify and use the data.

Question 7. How will you deal with suppliers who have few deliveries, say less than ten per year?

Attachment:- Academic-FarmCo-Case-Study.rar

Reference no: EM132474674

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