Questions and Answers of Supply Chain Management global

Discuss the purchasing process for supplies and services in the healthcare field.
How does supply management work in the health care industry?
Define group purchasing in the healthcare field.
What percentage of the GNP is accounted for by the healthcare sector?
How are governmental mega projects procured?
What are global sourcing trends? Give at least three real-world examples from the internet.
Discuss some of the complexities of global outsourcing? Give specific examples.
What are the advantages of using the Taguchi method?
How does the Taguchi philosophy affect the purchasing department?
What are the requirements of an enforceable contract? Provide specific examples.
What are the differences between the classical EOQ inventory system and MRP?
Does JIT really provide the solution to most manufacturing problems in the United States?
What are some of the benefits of supplier partnerships?
What are the critical implementation factors?
What are the critical success factors for supply chain partnerships?
How is supply chain power associated with the purchasing function?
Why should the purchasing department be concerned with a firm’s overall quality assurance program?
What factors do power have influence over in the supply chain?
What is ISO 9000 and why is it important to a purchasing professional?
Discuss how TQM affects productivity.
Compare and contrast the two unique types of purchasing categories in the business world.
The purchasing function can easily contribute to profitability. Please discuss this statement. What is the profit leverage effect of purchasing?
What is meant by “integrative materials management?”
What is meant by “supply management?”
Discuss the issue of centralization versus decentralization as it applies to the purchasing function. What are the advantages of centralized purchasing organizations? What are the disadvantages of
What are some of the careers in purchasing?
What are the most well-known professional purchasing associations?
Why should the purchasing professional be concerned with strategic planning?
What are the components of purchasing strategy?
What decision areas are associated with purchasing strategy?
What is meant by “partnership?” Please categorize the four factors of partnerships.
Discuss the elements of the proposed buying model.
Describe the elements of a strategic purchasing plan.
Describe the supply chain relationship quality indexing process.
What tasks are allocated to the purchasing function? What are the legal issues associated with the purchasing function?
What is meant by purchasing authority? Give examples of each type of purchasing authority.
How does implied authority relate to express authority? Give specific examples.
Discuss the liability issues associated with purchasing agents’ actions.
Compare and contrast an invitation to bid with an offer.
What are the four outcomes of an offer?
Explain how the purchasing agent can protect the company against a revoked offer.
Discuss the legal impact of the information age on the purchasing function.
What is an electronic signature?
Discuss the relationship between material requirements planning and capacity planning.
What is the relationship between capacity planning and inventory management?
What are the costs associated with quality? How does quality relate to the purchasing function?
What are the differences between independent and dependent demand?
Discuss the various inventory costs.
What is the relationship between purchasing and the classical EOQ model?
How are quantity discounts evaluated when using the classical EOQ model?
What is meant by ABC analysis?
What are the cost implications of various lot-sizing methods.
What is meant by just-in-time (JIT) purchasing?
What are the elements of JIT purchasing?
What are problems associated with implementing JIT purchasing?
What are some of the expectations of the suppliers?
What are some of the advantages of JIT purchasing?
How does JIT purchasing affect order costs and lead time?
What are the procedural objectives for sound purchasing systems? What are the procedural objectives for sound purchasing systems?
What is systems contracting?
What is meant by total cost of ownership?
What are reverse auctions?
What are the steps in the Lewin–Schein theory of change?
What are the advantages and disadvantages of purchasing technologies?
How has the internet changed the purchasing function?
What is outsourcing?
Why do firms outsource business processes?
How is outsourcing similar to, or different from, contracting, make versus buy, and joint venturing?
How does supply chain risk management relate to outsourcing?
Discuss in detail what is meant by “core competence.”
What are the elements of strategic outsourcing?
Discuss some of the behavioral issues associated with global sourcing.
What are some of the attributes associated with global sourcing?
Discuss how offshore quotas should be evaluated.
Discuss the differences and similarities of negotiating strategies for the United Kingdom, Germany, Mexico, and China.
What is meant by a foreign trade zone?
What is the definition of a supply partnership?
What are some of the risks associated with supplier partnerships?
What is the definition of supply chain power?
What are the quality requirements for suppliers?
What is six sigma? What are the differences between statistical process control and six sigma?
What is the difference between the Malcolm Baldrige Award and the ISO certification? Which one is the most important certification if the organization is sourcing globally?
Go to the Malcolm Baldrige website at www.quality.nist.gov and write a two-page report on one of the most recent award winners.
What are the key requirements for TQM?
Explain the Japanese approach to TQM. Are there differences between the Japanese and the American approaches to TQM?
What are the costs associated with implementing a world-class quality assurance program?
What is a loss function?
How is pricing included in the negotiation process?
Explain why price/cost analysis is frequently slighted by purchasing managers.
What is the difference between cost and value?
What is meant by competitive bidding?
What are the elements of price/cost analysis?
How is price/cost analysis related to the negotiation process?
What is meant by the learning curve phenomenon?
Explain how learning curve is used.
When and how is negotiation used, and what can be negotiated?
How do you prepare for negotiation?
What is meant by distributive bargaining?
What is meant by psychological bargaining?
Discuss the various payoff systems.

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