Dear students, get fully solved assignments by professionals
Do send your query at :
or call us at :08263069601
Procurement Management
1. Procurement
Management is the sub-activity of operations management which is further
sub-activity of supply chain management.
i. Justify the
above statement.
ii. What are
the various types of software' s/system that you can use for procurement
management, operation management and supply chain management? Give example of
each.
Introduction
In a competitive world, multiple organizations hire
multiple management systems to sort out their departments' capable operatives.
Procurement management is considered one such form of administration wherein
products and services are obtained from various firms or companies. An entire
company deals with this form of administration at a certain point in the life
of their trades. It is in the path the procurement is sorting out and planning
the procedure that will make sure an aspect runs effortlessly. But with many
other administration methods to utilize, is there any specific cause to use
this particular form of administration to obtain products and services? Admittedly,
it is one of the often queries voiced regarding procurement management. It is
named to assist a firm in saving a lot of spending money while buying products
2. What are the
problems a company can face while not adopting VMI (Vendor manage inventory)
strategies? Explain the benefits of VMI in avoiding the bullwhip effect.
Introduction
VMI is an acronym of the Vendor Managed Inventory. It is
a supply chain system that substitutes your inventory for you with no having to
initiate the buying order physically. Fundamentally, Vendor managed inventory
is a companion that keeps your stock in the absolute productive and profitable
path. The Vendor managed inventory focus at accomplishing the lesser price
probable for both the seller and the producer. It is a directive that specifies
that the seller is answerable for the inventory administration. At the same
time, the name and deals are below
3. "Khari
baoli" is a well known wholesale market in Delhi for entire Delhi
retailers for spices. The entire market provides Trade-Credit (period of 3-4
months) with quantitative discounts to their retailers. Retailers are having
small inventory carrying options but simultaneously don't want to lose the gain
obtained by these push marketing strategies.
a. Explain the
role of study of quantity discount analysis while purchasing. Illustrate the
method under given conditions.
b. How the
trade credit and quantitative discount affects the economic order quantity of
retailers. What are the factors that retailers must keep in mind while
purchasing?
Introduction
In
this article, we will discuss numerous aspects in detail. "Khari
Baoli" is a reputed and familiar wholesale marketplace in Delhi for whole
Delhi retailers for interests. An entire market offers Trade-Credit (three-four
months) with quantity money off to their retailers. However, retailers possess
minimum inventory bringing choices but concurrently never wish to mislay the
growth got by these thrust marketing tactics. We will discuss everything
related to quality discounts and its few roles. A quality discount is an
inducement provided to a purchaser that consequences at a reduced price per
unit of products or materials while buying in great Dear students, get fully solved assignments by professionals
Do send your query at :
or call us at :08263069601
No comments:
Post a Comment
Note: only a member of this blog may post a comment.