Strategic Sourcing Strategic sourcing is an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. In a production environment‚ it is often considered one component of supply chain management The following are the steps involved in the Strategic Sourcing : 1. Assessment of a company’s current spend (what is bought where?) 2. Assessment of the supply market (who offers what?) 3. Total cost analyses (how much does it cost to
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Factors Affecting The Resistance Of Wire Aim: To investigate the factors that affect the resistance in a conductor. The main factors that affect the resistance in a conductor are: · Length · Temperature · Cross sectional area · Material · Magnetism The factor that we are going to change is the cross sectional area. Hypothesis: I think that the higher the cross sectional area‚ the lower the resistance in the conductor will be. This is because the Resistance in a metal conductor happens
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Man on Wire is a documentary about a goal oriented‚ thrill seeker that made history and created a masterpiece on a metal wire 110 stories above the streets of New York City. Philippe Petit had a dream to walk on a wire that was strung between the World Trade Centers. To make this happen it would take many years of planning‚ practice‚ and persistence. As we follow Petit through his journey‚ it becomes evident that he may not be able to achieve his goal. Director James Marsh allows tension to rise
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their lives and throw you away when they don’t need you anymore. Philippe Petit‚ the main character of the documentary film “Man on Wire”‚ directed by James Marsh‚ is a great example of such a sucker. Barry Greenhouse‚ Petit’s accomplice‚ says it during the film‚ “He sort of draws you into his world.” Philippe was a brave‚ enthusiastic and persistent high-wire artist. His raw passion to walk hundreds of feet above the ground on a tightrope helped him to make his dream come true‚ and he became
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IKEA’S GLOBAL SOURCING CHALLANGE: INDIAN RUGS AND CHILD LABOUR Barner‚ IKEA’s business area manager for carpets‚ must decide how to handle the child labor issue. She learned that a German television would soon air a documentary showing children working at looms at Rangan Exports‚ one of IKEA’s major suppliers. Moreover‚ the producer invited IKEA to send a representative to take part in a live discussion. The first question is whether to recommend that IKEA participate in the program or decline
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11/02/2013 IKEA’S global sourcing challenge: Indian rugs and child labor 1. How should Marianne Barner respond to the invitation for IKEA to have a representative appear on the upcoming broadcast of the German video program? Marianne Barner is the business area manager for carpets in IKEA faced with the decision of cutting off one of the company’s major suppliers of Indian Rugs. According to Barner‚ “German-produced program planned to take a confrontational and
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CAPTIVES VS. OUTSOURCING The insurance sourcing choice INSURANCE SOURCING CHOICE – CAPTIVES vs. OUTSOURCING Table of Contents Insurance sourcing- Market and journey so far .................................................................................................................... 4 Why the shift from Captive to a third party supplier? .......................................................................................................... 4 How are the third party suppliers doing in
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The Brewing Industry Analysis Authors: Brent Gilani‚ Chelsea Seele‚ Mesa Rangel‚ Teddy Argerter‚ and Zane Hyland Title Page Table of Contents 2 What we’re doing 3 Our Target Market 3 Our Competition 4-11 Our Market Size 12 Law of the Industry 13-14 Ecological Factors 15 Technological Factors 16 Economical Factors 17 The Boomin’ Beer Brewin’ Industry 18-19 Beer is Attractive 20-21 Bibliography 22-23 Table of Contents What we’re doing: Imagine
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1) Crowdsourcing is obtaining a needed service from a large group of people‚ in which mainly comes from the online community. With the service coming mainly from the online community the process can happen both on or offline. The idea of crowdsourcing combines the efforts of part time workers and volunteers to gather small portions of information‚ which ultimately adds up to a large result in the end. 2) Disadvantages of crowdsourcing compared to traditional employees would be the reliability of
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Crafting and executing an offshore IT sourcing strategy: GlobShop’s experience Submitted By : Group 12 KUSHAL KISLAY FT151093 MEHUL JAIN FT152088 SIDDHARTHA PAUL FT154003 VIVEK KHATTAR FT154063 JAYANTH SATHEESH FT152025 Overview of Globshop’s strategy Why going offshore ? • To reduce costs • To focus on core business • To centralize data How ISS was selected ? • Small size so easy to negotiate • withLong term global agreement • A win-win deal Different alternatives for GS : One Vendor Less
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