Discuss the advantages and risks of supplier co-location.
> Baton Company estimates that the amounts for total depreciation expense for the year ending December 31 will be $120,000 and for year-end bonuses to employees will be $200,000. What total amount of expense relating to these two items should Baton report
> Chambers Company has seven operating segments but only four (One, Two, Three, and Four) are of significant size to warrant separate disclosure. As a whole, the segments generated revenues of $1,010,000 ($780,000 + $230,000) from sales to outside customer
> What is the minimum number of operating segments that must be separately reported? a. Ten. b. Segments with at least 75 percent of revenues as measured by the revenue test. c. At least 75 percent of the segments must be separately reported. d. Segments w
> Hyams Corp. engages solely in manufacturing operations. The following data pertain to the operating segments for the current year: In its segment information for the current year, how many reportable segments does Hyams have? a. Three b. Four c. Five d
> Howard Corporation has six different operating segments reporting the following operating profit and loss figures: With respect to the profit or loss test, which of the following statements is not true? a. A is a reportable segment based on this one te
> Nottage Company has four separate operating segments: What revenue amount must one customer generate before it must be identified as a major customer? a. $39,600 b. $42,200 c. $46,500 d. $49,200 East West North South Sales to outsiders $188,000 $12
> Livro Company has three operating segments with the following information: In addition, corporate headquarters generates revenues of $2,000. What is the minimum amount of revenue that each of these segments must generate to be considered separately rep
> Premier Company owns 90 percent of the voting shares of Stanton, Inc. Premier reports sales of $480,000 during the current year and Stanton reports $264,000. Stanton sold inventory costing $28,800 to Premier (upstream) during the year for $57,600. Of thi
> A parent acquires the outstanding bonds of a subsidiary company directly from an outside third party. For consolidation purposes, this transaction creates a gain of $45,000. Should this gain be allocated to the parent or the subsidiary? Why?
> Discussion Problem: If your firm had 500 suppliers and they each had 100 suppliers, how many second-tier suppliers would your firm have? What if your firm reduced its supply base to twenty?
> Discuss how an organization develops a supplier evaluation and certification program.
> What are the criteria used in evaluating a supplier?
> Describe how a typical government bidding process is conducted.
> The Margo Manufacturing Company is performing an annual evaluation of one of its suppliers, the Mimi Company. Bo, purchasing manager of the Margo Manufacturing Company, has collected the following information: A score based on a scale of 0 (unsatisfactor
> What are the differences between transactional and analytic SRM?
> How does public procurement differ from corporate purchasing?
> Why don’t firms just buy out their suppliers and industrial customers, forming conglomerates, instead of practicing supply chain management?
> Describe how the hybrid purchasing organization works.
> Ten customers per hour were asked by the cashier at Stanley’s Deli if they liked their meal, and the fraction that said “no” are shown below, for a 12-hour period. For the data shown above, find a.
> Briefly describe resource requirements planning, rough-cut capacity planning, and capacity requirements planning. How are these plans related?
> Given the following production plan, use a (a) chase production strategy and (b) level production strategy to compute the monthly production, ending inventory/ (backlog) and workforce levels. A worker can produce 50 units per month. Assume that the begin
> When did the idea and term, supply chain management, first begin to be thought about and discussed?
> Describe centralized and decentralized purchasing and their advantages.
> What is a BOM, and how is it different from the super BOM?
> What is system nervousness? Discuss how it can be minimized or avoided.
> What is the purpose of the available-to-promise quantity, and how is it different from on-hand inventory?
> Compare and contrast the jury of executive opinion and the Delphi techniques.
> What is the impact of the smoothing constant value on the simple exponential forecast?
> Explain the difference between a time series model and an associative model. Under what conditions would one model be preferred to the other?
> Explain the impact of a mismatch in supply and demand. What strategies can companies adopt to influence demand?
> Why is demand forecasting important for effective supply chain management?
> What are foreign trade zones? What benefits do they provide?
> What is countertrade? Describe the various types of countertrade.
> What is cloud computing, and how can companies benefit from this technology in solving supply chain forecasting problems?
> Is the use of a large number of suppliers a good idea? Why?
> Why is widespread adoption of CPFR below expectations?
> How can purchasing help to improve the competitive edge of an organization?
> What are the eight tasks associated with the CPFR model? Why is sharing data important in CPFR implementation? What are the benefits of sharing information?
> What are the key features of CPFR? Why would a company consider adopting CPFR?
> What is a tracking signal? What information does the tracking signal provide that managers can use to improve the quality of forecasts?
> Explain the key differences between the weighted moving average and the simple exponential smoothing forecasting methods.
> What is sustainable sourcing and how does it differ from ethical sourcing? From green purchasing?
> What is a fair trade product?
> The following sample information was obtained by taking four doughnuts per hour for 12 hours from the Fawcett Bakery’s doughnut process and weighing them: For the data shown above, a. Find the x and R for each sample. b. Find the x a
> What are some of the risks of ethical sourcing? How about the potential advantages? Do you think ethical sourcing is a good practice?
> Describe several international logistics intermediaries. Could they also be considered3PLs?
> What are the key capabilities of supplier relationship management software?
> Describe the differences between integrative and distributive negotiations, and when each should be used.
> What makes supplier alliances fail? How can firms reduce the failure rate?
> The forecasts generated by two forecasting methods and actual sales are as follows: (a) Compute the MSE, the MAD, the MAPE, the RSFE and the tracking signal for each forecasting method. Which method is better?Why? MONTH SALES FORECAST 1 FORECAST 2 2
> Describe the differences between vendor managed inventories and co-managed inventories, and when it might be advisable to do either of them.
> Why is early supplier involvement a good way to integrate the supply chain?
> When would firms want to insource a product or process? How is this different from co-sourcing?
> What are the advantages of using SRM solutions to manage suppliers?
> Why would a firm want to monitor its purchasing performance?
> Could your firm use a 3PL to improve its ethical or sustainable purchasing practices?
> What is a 4PL? When would you use a 4PL instead of a 3PL?
> What are the benefits of ISO 9000 certification?
> What do you think the most pressing global logistics problem is? Why?
> What is a 3PL provider? What advantages could a 3PL provider give to a small firm? A large firm?
> Would a firm ever want to outsource a core product or process? Why or why not?
> What are the benefits of sustainable sourcing? Can firms actually make money from sustainable sourcing? Do you think it is a good practice?
> When would your firm want to use an e-procurement system?
> Describe the e-procurement system and its advantages over the manual system. Are there any disadvantages to the electronic system? Do you think the e-procurement system will ultimately replace the manual system? Why or why not?
> Why do organizations use supplier certification? What are its benefits?
> The owner of the Chocolate Outlet Store wants to forecast chocolate demand. Demand for the preceding four years is shown in the following table: 1 ...................................................................... 68,800 2 .......... .............
> What is the difference between and MRP system and an ERP system?
> Are environmental concerns influencing purchasing decisions? What are the benefits of ISO 14000 certification?
> When should a firm outsource instead of making the items in-house?
> Define the term supply chain management in your own words, and list its most important activities.
> Given the following production plan, use a (a) chase production strategy, and (b) level production strategy to compute the monthly production, ending inventory/ (backlog), and workforce levels. A worker is capable of producing 100 units per month. Assume
> Explain backward vertical integration. What are the advantages of outsourcing compared to backward vertical integration?
> What does the term, “third-tier supplier” mean? What about “third-tier customer”? What about the “focal firm”? Provide examples.
> How is lean thinking associated with supply chain management?
> Why should an organization invest in supplier development programs? What are the challenges of supplier development activities?
> The bills of materials for a finished product E, inventory status, and other relevant information are given below. Compute the planned order releases and projected on hand inventory balances for parts E, F, and M. A B F 2 required 3 required 2 requir
> Why are small value purchase orders problematic? How can purchasing more effectively deal with this problem?
> What is “segmenting customers” and why is it perhaps the most important activity in CRM?
> Crop-Quick Inc. replenishes its three distribution centers in Boston, Denver and Houston from its Las Vegas central supply warehouse. The distribution schedule for one of its products for the next six weeks is shown below. Use proper distribution require
> Define the term Customer Relationship Management. What has caused this definition has changed over the past 20 years?
> Could self-service websites be used in place of call centers?
> Do you think call center outsourcing negatively affects customer service? Explain.
> Are call centers good for CRM?
> Describe the types of customer service that come before, during and after the sale. Why are they important to CRM?
> What person or people at Toyota is (are) most responsible for the development of the JIT concept?
> How do various social media impact an organization’s CRM methods? Should firms use social media for attracting new customers?
> How can firms help to assure the privacy and security of their customers’ information and data?
> What sort of problems generally occur with a firm’s existing CRM applications?
> How do you think CRM performance should be measured? Suggest several performance measures.
> What is the most common mistake made, when designing and implementing a CRM program?
> Describe the purpose of a material requisition, a purchase order, a request for quotation, and a request for proposal. Does the material requisition serve the same purpose as the purchase order?
> When would you want to use value-of-service pricing instead of cost-of-service pricing?
> What are some intermodal transportation alternatives?
> List the legal forms and modes of transportation. Which mode is the least expensive? Which mode carries the most freight? Which mode is growing the fastest? Shrinking the fastest?
> Define risk pooling and the advantages and disadvantages of centralized warehousing. What assumption does risk pooling make?
> Why should an organization be concerned with supplier relationships?
> Describe three different types of warehouses and the advantages of each.
> What are the most common logistics management software applications and why are they beneficial to users?
> What are the impacts of logistics on environmental sustainability? How can these be minimized?
> Can 3PLs be effective supply chain partners? Why?
