Breadth of supplier base - many or few suppliers, Operation Management

Assignment Help:

Breadth of Supplier Base - Many or Few Suppliers

The traditional approach to supplier selection is to prepare a tender document and request a quotation from a range of suitable suppliers. The process of selection often plays one supplier off against another with least cost being the deciding factor. Alternatively, a long-term view might be taken where a partnership agreements might be made that would involve a close working relationship with few suppliers. Recently Marks and Spencer, a UK retailer has reduced its number of suppliers and has moved towards a tighter control of supplier activity.


Related Discussions:- Breadth of supplier base - many or few suppliers

Describe how you perceive personality, In this assignment, you will develop...

In this assignment, you will develop a ten item survey that will be given to all applicants at your company. The purpose of this survey is to determine whether the applicant is a p

Asseyment, what used materials for made the Turbine blades which endures vi...

what used materials for made the Turbine blades which endures vibrations and saline conditions and why?

Explain what are the objectives of work-center scheduling, 1) What are the ...

1) What are the objectives of work-center scheduling? 2) Distinguish between a job shop, aGT cell and a flow shop?

Hard change initiatives - linking strategic, Hard Change Initiatives - Link...

Hard Change Initiatives - Linking Strategic 1. Total quality management (TQM)/ISO 9000  2. Enterprise resource planning (ERP)/material requirements planning; manufacturing

Explain exploitation of the potential of a new technology, What are the thr...

What are the three trends that require managers to adopt a global perspective to exploit the potential of a new technology?

Blockbuster offer potential partners to improve its position, Looking to th...

Looking to the future, what value-added components could Blockbuster offer potential partners to enhance its position in the environment?

Explain cost benefit analysis, Explain cost benefit analysis. Cost Ben...

Explain cost benefit analysis. Cost Benefit Analysis: This analysis is a mathematical technique for decision-making. This is a quantitative technique used to estimate the eco

Illustrate your discussion using a service organisation, Question 1: "Y...

Question 1: "Yield management guides the decision of how to allocate undifferentiated units of capacity to available demand in such a way as to maximize profit or revenue." Cri

Explain panel interviewing and its strengths and weaknesses, You're going t...

You're going to have to stretch your imagination for this question:. Assume you're involved in a panel interview team. Identify one strength and one weakness in this interview appr

Least cost methods, At any stage if there is a tie in the minimum cost so t...

At any stage if there is a tie in the minimum cost so that two or more routes have the same least cost of transportation then conceptually either of them may be selected. However a

Write Your Message!

Captcha
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