What are the advantages of close supplier and customer relationships, when practicing lean?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
Quite commonly firms must hold safety stocks of purchased products because their suppliers delivery ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Principles of Supply Chain Management A Balanced Approach
ISBN: 978-1285428314
4th edition
Authors: Joel D. Wisner, Keah Choon Tan, G. Keong Leong
Question Posted:
Students also viewed these Management Leadership questions
-
What are the advantages of Credit Suisse's new supplier management/evaluation system?
-
What are the advantages of purchasing inventory in large quantities? What are the advantages of purchasing it in small quantities?
-
What are the advantages of financial measures of performance? What are the advantages of nonfinancial measures of performance?
-
Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) O Changes in current...
-
Bryan Segota is the sole stockholder and operator of Thatch, a motivational consulting business. At the end of its accounting period, December 31, 2010, Thatch has assets of $760,000 and liabilities...
-
The Heartland Distribution Company is a food warehouse and distributor that has a contract with a grocery store chain in several Midwest and Southeast cities. The company wants to construct new...
-
Consider an experiment that selects a cell phone camera and records the recycle time of a flash (the time taken to ready the camera for another flash). The possible values for this time depend on the...
-
Just before Walker Laboratories opened for business, James Walker, the owner, had the following assets and liabilities. Determine the totals that would appear in the firms fundamental accounting...
-
Find an article or TedTalk about team decision making and then discussing/analyzing the following information: What was learned how can it help you? How can you plan to implement it and how can you...
-
The Philbrick Company has two plants on opposite sides of the United States. Each of these plants produces the same two products and then sells them to wholesalers within its half of the country. The...
-
How can firms use big data to make better decisions?
-
Reducing lot sizes and increasing setups are common practices in most lean production settings. Why?
-
The table below describes (approximately) the distribution of students by gender and college at a midsize public university in the West. If we were to randomly select one student from this...
-
Do you think that companies should engage in investment during recessions? Explain.
-
Explain how realistic job previews (RJPs) operate. As a manager or business owner, would you use them?
-
What are some of the key constraints and methodological challenges for macroeconomists wanting to build good behavioural models of the macroeconomy? What do you think are some of the solutions to...
-
What does the neuroeconomic evidence tell us about the nature of well-being and happiness?
-
What external forces influence a firms strategy?
-
A parallel-plate capacitor has circular plates with radius 50.0 cm and spacing 1.0mm. A uniform electric field between the plates is changing at the rate of 1.0 MV/ms. Find the magnetic field between...
-
For each of the following transactions, indicate whether it increases, decreases, or has no effect on the following financial ratios: current ratio, debt-to-equity ratio, profit margin ratio, and...
-
Describe some demand management techniques that are used when demand exceeds capacity, and when capacity exceeds demand. Your university has periods of time when both of these situations exist. What...
-
What is the capacity of your class classroom?
-
Define service capacity and provide three examples of service capacity not listed in the text.
-
Paddington Gifts made purchases of a particular product in the current year as follows: Jan. 1 Beginning inventory Mar. 7 Purchased July 28 Purchased Oct. 3 Purchased Totals Required: 200 units @...
-
what cognitive alchemy does the visionary transmute the leaden constraints of the present into the gilded opportunities of tomorrow, orchestrating symphonies of innovation amidst the cacophony of...
-
a) Propose the most appropriate type of leadership that the Coca Cola Company's top management should rely on to execute the strategy, based on the type of organizational culture and strategy. b)...
Study smarter with the SolutionInn App