List the stages of the Procure to Pay Process and explain what is entailed in each step. Indicate what stage the following would take place. Invoice, RFQ, Statement of Work, a blanket purchase order, and a Bill of Lading.

(1 point each, 1 for explanation, and 1 point for correctly adding in different examples)

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Question 13 (9 points)

List and provide an explanation of the benefits and drawbacks of a Cross-Functional Team

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Question 14 (11 points)

What are points of Deming's quality Philosophy? In your own view, are all points required to successfully implement TQM? Why or why not?

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Question 15 (20 points)

4. You are the lead negotiator for your company about to embark on a project with a critical supplier you cannot afford to lose. The CEO for your company has spoken with you personally and indicated that this negotiation must successful and provided you with a BATNA that requires you to reduce costs by 10%. When you've checked with production and sales, you've also confirmed that volume is down 20% and projecting to further drop in the next three years. List what steps you may take in the negotiation planning coming up; explain two powers you may use and why, and explain two tactics you may employ and why.

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Question 28 (5 points)

How could Bose improve problems with individual parts being supplied by suppliers?

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Question 29 (5 points)

What is he value of the EDI system at Bose? How does this value tie into the performance system Bose uses?

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Question 30 (5 points)

Explain the value of having an onsite representative at the Bose facility.

Answer rating: 100% (QA)

Question 12 Stages of the Procure to Pay Process Requisition ... View the full answer