Question: A . Based on Purchasing Quality Management: 1 . Explain in detail with examples for company selected the importance of Total Quality Management, it s
A Based on Purchasing Quality Management:
Explain in detail with examples for company selected the importance of Total Quality Management, its
implementation principles and drawing credible suppliers and establishing continuous improvement as way
of life and making quality everyones responsibility.
Explain in detail how selected company engages senior management full commitment on quality platform and
drives on reducing variation, searching for improved quality ais a neverending cycle of design, production,
and delivery followed by surveying customers.
B Based on Supply Management and Development:
Explain in detail with examples for the selected company the importance of rationalization and optimization
and creating a manageable supply base with consistent strategy for improvement and managing
sustainability in the supply base.
Explain in detail for the selected company importance of continuous monitoring, measurement, evaluation,
and analysis of supplier performance metrics in developing, managing and sustaining supplier performance
management.
C Based on Global Sourcing and Strategic Cost Management:
Explain in detail for the selected company importance of global sourcing related to Supplier Qualification and
Selection Issues, increased supply risks, currency fluctuations, offshore business practices and lead time.
Explain in detail for the selected company importance of TCOs Total Cost of Ownership that includes
purchase price, acquisition costs, usage costs and endoflife costs.
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