Read Why Supply Chains Should Be Involved in Product Design in Part Three of the textbook. Send your
answers to the questions to me at [email protected]
In an industry with very few and very large original equipment manufacturers, TechCo is
1.) What are the Fundamental Reasons for Dells success?
The fundamental reason for Dells success lies in a large part due to its direct model. At the time,
competitors like IBM sold through distributors, retailers, and resellers. De
Youre off to a good start. "A course grade of 70% is required to request a transcript.
Youve met that for the first exam already, but if you want to reattempt for a higher
grade you can retake this assessment (only the first graded assessment in this cour
Phase 1- project manager is assigned and begins work. This is also where the stakeholders,
scope and deliverables are defined. Document list of changes Project Scope The phase
conducted at the beginning of a project where a project manager conducts resear
For the areas of Purchasing and Logistics, discuss one key trend in each section. Relate the
trend to an actual firm that you know about. This section should be between 150 and 200
Purchasing is expanding to be not only be seen as a means to purc
Homework Assignment #1
In 2013 Alcoa had a challenging year, with Chinese producers saturating the market with lowcost aluminum, and prices for lightweight metals bottoming out. To begin their net income was negative
2,285,000. With a cash flow of -4
Read the Deutsche Post/DHL Case in Part 2 of the text. Review the metrics and share your understanding
of how this company is performing. You will likely need to clarify the meaning of some of the ratios
using a Google search. Send your analysis to me at
Homework Assignment #2
1. Current Ratio
A companys ability to pay its debts over the next 12 months. Also gives insight into a companys
operating cycle and its ability to turn products into cash. Commonly acceptable ratio is 2 but i
Which of the following most accurately describes the fundamental economic problem?
a. Scarcity because there is a finite supply of everything
b. Scarcity because there are more people than Earth can support
c. Supply a
What are some issues that could prevent purchasing from becoming supply management as well as
incorporating greater degrees of environmental sustainability in their practices?
As the article states gradual progress toward effective management is the key,
Why do you think that logistics is such an underappreciated area of study?
Logistics is not an area of study most would consider tantalizing. You speak to someone about logistics
and most will immediately think of trucks and warehouses, and the image is n
What strategies/ challenges does your company face on cash? For example, are customers often late
with payments, are there unfavorable supplier payment terms, etc.?
While I do not work directly with all the stores finances, (only person who is allowed to
In late 2014, investors fell in love with AliBaba (BABA), which issued an Initial Public Offering (IPO) which
was well received by the market. Investors were initially willing to pay a premium for shares of stock. It
peaked at roughly $120 a share. Since
All of us have probably worked for at least one
company that did not have an Inventory Control
System that we would call "good". But if/when we
do, what would we find?
*1 A PLACE FOR EVERYTHING AND EVERYTHING IN IT'S
PLACE. I love that phrase. Even though
The Purposes of Inventory
Some people think of inventory as something valuable and some people believe it represents waste. If
you visit your accountant and look at a balance sheet, you'll see inventory listed as an asset, so that must
mean it's something
Most companies in the modern age maintain information regarding inventories on some type of computer
system. A few small firms can successfully control inventory without the use of a computer. But we'll focus
on computer-based oper
I have four types of inventory costs to share with you. The second and third ones are vital because they're
used by the economic order quantity (EOQ) formula. Let's look at the first one.
1. Acquisition costs.
These costs represent the mon
To set and manage an inventory budget, you need extensive knowledge about your supply chain. Your
budget must mirror the flow of materials, lead times, capacities, and customer demand. Inventory moves
daily, if not hourly, so you need to
Cycle Counting and ABC Classification
The ABC classification, also called the Pareto Principle, helps you focus on the vital few, not the trivial
many. Your time is limited, so you need to spend it on the most important issues. ABC can help you
SUPPLY CHAIN INVENTORY MANAGEMENT
PLEASE E-MAIL YOUR ANSWERS TO ME AT [email protected] by MARCH 21.
1. Jones Company has 5,000 items in inventory. An analysis shows that 500 are A
items, 1,750 are B items, and 2,750 are C items. A items
Week 5 lecture
Assuming you have good faith, contracting on a level playing field, you are reasonable etc. you
are entitled to remedies. Unlike the FAR remedies discussed in government contracting courses
which can be very severe for very minor or even de
Textbook pages 375 to 411
Documents of title rarely come up for most buyers as they are handled by the transportation or
traffic organizations but as a member of the Supply Management chain
1. I have heard the term right to cure used so many ways. Provide a clear, concise, accurate and
complete definition of the term.
When the goods or delivery fail to meet the specified terms of the agreement, the UCC gives an
1. The textbook discusses the common law concept of economic loss. Describe it in a clear,
concise, accurate and complete manner.
Any loss of profit resulting from the requirements of buyer that were not meant, but were known,
by the seller in the breache
1. Based on the limited readings about leasing would you say that the rules of the UCC for
leasing are consistent with the rules for purchasing? Why?
I believe the rules are consistent with selling of goods and leasing of goods. Article 2A was
1. The readings have a number of TBDs that can be used and still have a valid contract. Which one
surprised you the most and why?
Open price term is very surprising for me. I need to know if the goods I am purchasing can be resold at
A major purpose of this course through the text book showed a legal system that is designed for
business persons and not lawyers. Please answer the following questions in a clear, concise,
accurate and complete manner. The exam is designed to t
1. Go to your search engine and find the name of the code in your state that covers the UCC.
Advise what it is.
California Commercial Code
2. Review your company terms and conditions for firm fixed price (FFP) subcontracts or
purchase orders and advise wh
1. When teaching this class in a traditional classroom for a company that does 100%
federal government contracting, I ask the question Why do you need to know any rules
other than FAR? Advise what the students should have included in their response.