Purchasing and Supply Chain Management
6th Edition
ISBN: 9781285869681
Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher: Cengage Learning
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Question
Chapter 9, Problem 6DQ
Summary Introduction
To discuss: The logic behind maintaining a reduced number of suppliers.
Introduction: Supply management is the process of managing the suppliers and raw materials or resources that are essential for the organization’s operations.
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As their business continues to grow, the management team of Caleb’s Farm will need to focus on establishing relationships with key suppliers. To accomplish that, the team will need to implement a sourcing process. Use the sourcing process to assist Caleb’s Farm team to establish long-term relationships with suppliers. Use practical examples to substantiate your answer. Note: You are required to paraphrase your understanding of the sourcing process before you apply them to Caleb’s Farm
Explain the importance of supplier relationships manufacturers dealing with shortages created by disruptions of supply chains for steel, aluminum, lumber, or other materials.
Organizations can have multiple layers of first- and second-tier suppliers. Explain the advantages that organizations gain by having multiple layers of suppliers. Describe any disadvantages that can be brought to organizations by having multiple layers of suppliers.
Chapter 9 Solutions
Purchasing and Supply Chain Management
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