Please help with the task on the example of any organization. 1.What are the top three supplier
Question:
Please help with the task on the example of any organization.
1.What are the top three supplier performance dimensions that organization is most concerned about? Explain why this company prioritizes each of these. Do you think they are using the right ones?
2.How does this organization manage its relationship with its key suppliers? Is there an established program, is it based on personal connections, or something else?
3. How does this organization use forecasting?
a. What do they forecast and how frequently do they generate new forecasts?
b. Where do they get their data and any issues with data collection?
c. Which methodology do they use?
d. How do they evaluate the performance of their forecasts? Are the error metrics (MAD, MSE, etc.) good? Would you recommend using a different methodology?