Why is it necessary to manage, at the strategic level, the performance of your suppliers?
Question:
Why is it necessary to manage, at the strategic level, the performance of your suppliers?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
They are strategic because they effect the whole company t...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
Question Posted:
Students also viewed these Business questions
-
Why is it necessary to define advertising objectives?
-
Why is it necessary to document a product explicitly?
-
Why is it necessary to plan? How is planning conducted?
-
According to a study by the American Pet Food Dealers Association, 63% of U.S. house-holds own pets. A report is being prepared for an editorial in the San Francisco Chronicle. As a part of the...
-
Teresa is a civil engineer who uses her automobile for business. Teresa drove her automobile a total of 14,800 miles during 2016, of which 75 percent was business mileage. The actual cost of...
-
Pop Corporation acquired a 75 percent interest in Son Corporation on January 1, 2016, for $720,000 in cash. Financial statements of Pop and Son Corporations for 2016 are as follows (in thousands):...
-
What measures of location are commonly computed for frequencies?
-
Reef Office Supplies is interested in estimating the cost involved in hiring new employees. The following information is available regarding the costs of operating the Human Resource department at...
-
Create a Assignment: Implementing Lean Operations Assume that you are a manager at a small coffee shop or a McDonald's fast-food restaurant. Your task is to implement lean operations to improve...
-
Consider a diamond-shaped airfoil. The maximum thickness is 0.04 and occurs at mid-chord. The freestream Mach number is 2.0, and the airfoil is operating at a 5 degree angle of attack. a) Find the...
-
What types of supply risks do companies face when they contract with suppliers from countries like China and India? Why do these risks have to be managed? Discuss your answers by using some company...
-
List the benefits of e-procurement.
-
Why can it be misleading to give measurements with more precision than is justified by the measurement process? Does It Make Sense? For Exercises, determine whether the statement makes sense (or is...
-
Solve the equation. - 5y-7 = 2y+14
-
A certain food has a gluten ratio of 13 mg of gluten per L of the food. What is the gluten ratio in micrograms per milliliter mL
-
Solve the system. State whether the system is inconsistent or has infinitely many solutions. If the system has infinitely many solutions, write the solution set with y arbitrary. 3x-4y=4 -6x+8y=-8...
-
Solve the following equation. 10r = 90r
-
K Thao earned the following scores on her six management exams last semester. 77, 83, 41, 87, 77, 92 Find the mean, the median, and the mode for Thao's scores. The mean for Thao's scores is (Type an...
-
I have two dice, one is a standard die. The other has three ones and three fours. I flip a coin. If heads, I will roll the standard die five times. If tails, I will roll the other die five times. Let...
-
Write the general quadratic equation y2 - 8y - 4x + 28 = 0 in standard form. Determine the vertex, focus, and directrix of the parabola defined by this equation. Sketch a graph.
-
Return to Problem 4 relating to Aspen Plastics producing plastic bottles to customer order. Suppose that the specification for the bottleneck diameter is 0.600 ± 0.050 and the population...
-
Return to Problem 4 relating to Aspen Plastics producing plastic bottles to customer order. Suppose that the specification for the bottleneck diameter is 0.600 ± 0.050 and the population...
-
Aspen Plastics produces plastic bottles to customer order. The quality inspector randomly selects four bottles from the bottle machine and measures the outside diameter of the bottle neck, a critical...
-
Explain why leasing is an option for a company expansion. include, what leasing is and how it will benefit the company in it's expanding efforts. Also, how is capital or operating leasing recorded on...
-
Discuss the following statement: " A head of state signs a treaty on behalf of his country in excess of authority of his country, such treaty shal be void for inconsistency with domestic law of the...
-
A company is looking at new equipment with an installed cost of $415,329. This cost will be depreciated straight-line to zero over the project's 5-year life, at the end of which the equipment can be...
Study smarter with the SolutionInn App