Question

after an organization has developed a list of potential suppliers, how should the organization evaluate each...

after an organization has developed a list of potential suppliers, how should the organization evaluate each supplier individually?

Homework Answers

Answer #1

After an organization has developed a list of potential suppliers, how should the organization evaluate each supplier individually?

  • I would evaluate their grasping of the specification of the products outsourced to them
  • I would evaluate their delivery time of products
  • I would evaluate their quality of products
  • I would evaluate their flexibility during change in specifications of products
  • I would evaluete them on the cost they charge for supplying products
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Chris Sandvig Irrigation, Inc., has summarized the price list from two potential suppliers of an underground...
Chris Sandvig Irrigation, Inc., has summarized the price list from two potential suppliers of an underground control valve. See the table below. Annual usage is 1,100 valves; order cost is $9 per order; and annual inventory holding costs are $5.25per unit. Vendor ! Vendor 2 quantity price quantity price 1-49 $34.5 1-149 $34.25 50-149 33.75 150-299 33.00 150+ 31.10 300+ 31.00 a. what is the optimal order quantity for each vendor (vendor 1) (vendor 2) b. form which vendor should...
Each of the following represents an effective cash management practice except: A. payments to suppliers should...
Each of the following represents an effective cash management practice except: A. payments to suppliers should be expedited in order to simplify record keeping B. payments to suppliers should be delayed as long as possible (without compromising the business relationship) in order to maximize the interest earning potential on those funds C. short term investments should be purchased with excess cash in order to maximize the interest earning potential D. receivable collections should be expedited in order to minimize the...
The list given has values [1, 3, 2, 7]. After calling list.duplicate(), the list should store...
The list given has values [1, 3, 2, 7]. After calling list.duplicate(), the list should store the values [1, 1, 3, 3, 2, 2, 7, 7]. public class ArrayIntList { private int[] elementData; private int size = 0; // Doubles-up each element in this list public void duplicate() { // TODO: } } Answer in Java/C# only
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity,...
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $10 $14 $13 2 $12 $12 $12 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as...
Problem 9-11 (Algorithmic) Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers...
Problem 9-11 (Algorithmic) Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $11 $11 $13 2 $10 $12 $10 Each supplier has a limited capacity in terms of the total number of components it can supply. However,...
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity,...
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $12 $14 $10 2 $14 $12 $10 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as...
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity,...
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $12 $13 $10 2 $11 $12 $10 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as...
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity,...
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $12 $13 $10 2 $15 $12 $10 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as...
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity,...
Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $12 $14 $10 2 $14 $12 $10 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as...
List several different types of flexibility that exist in a supply chain. Discuss how an organization...
List several different types of flexibility that exist in a supply chain. Discuss how an organization would increase each of these types of flexibility.