Question: QUESTION 1 ( 2 0 Marks ) With reference to the above scenario, examine any five objectives of purchasing and supply management in a shoe
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With reference to the above scenario, examine any five objectives of purchasing and supply management in a shoe manufacturing company. Use relevant examples to support your answer.
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Use relevant literature and analyse any five benefits of Information Systems Technology to the shoe manufacturing company. Use practical examples to support your answer.
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Critically discuss the cost of inventory and explain how the shoe manufacturing company can transform its inventory management process to be proactive. Use the relevant examples to justify your answer.
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Purchased goods must be transported from the point where they are manufactured to the place where they are needed. Evaluate any five factors to be considered when selecting mode of shipment, carrier and routing. Use the relevant examples from the shoe manufacturing company.
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Your main job description at the shoe manufacturing company is to measure suppliers performance on a monthly basis. MR Come Again and Mr Excellent are the two main suppliers of the shoe manufacturing company. Use supplier performance measurement methods Quantity Ordered versus Quantity Received, Advanced Shipment Notifications ASN Accuracy, Delivery onTime metrics, and Cost Ratio Method and select the supplier who has performed exceptionally well compared to the other per each method. Refer to the information in the below table. Show all the calculations and interpret the results.
tableSupplier performance measurement,Mr Come Again,Mr ExcellentQuantity Ordered, Units, UnitsQuantity Received Delivered Units, UnitsASNs received, Units, UnitstableDeliveries checked in at the receivingbay within mins of promised arrivaltime Units, UnitsTotal delivery cost,R R Total value of purchases,RR
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