What is Matrix organization structure? Matrix management is a type of organizational management in which people with similar skills are pooled for work assignments. For example‚ all engineers may be in one engineering department and report to an engineering manager‚ but these same engineers may be assigned to different projects and report to a different engineering manager or a project manager while working on that project. Therefore‚ each engineer may have to work under several managers to get
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Wolverine World Wide‚ Inc. Value Chain Activities The approaches Wolverine followed to configure and coordinate its value-chain activities worldwide include global sourcing‚ outsourcing‚ business process outsourcing‚ offshoring and contract manufacturing. Global sourcing refers to the procurement of products or services from suppliers or company-owned subsidiaries located abroad for consumption in the home country or a third country. Outsourcing is the procurement of selected value-adding activities
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products and pull down price (20% cost cutting by sourcing directly from China) Ü Sourcing directly from China c Indirect cost (government bureaucracies and long distance logistics breakdown) and low quality c Prices were undeniably attractive c Access to Chinese market Ü TaiSource c World-class research and design and lower manufacturing costs c Can become USTech¡¦s competitor if it decided to enter China using its own brand Ü Multi-sourcing ¡V increase operating cost Ü TaiSource strategic
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............................................................................... 3 Global Supply Chain Risks ....................................................................................................................... 3 Risks in Global Sourcing .......................................................................................................................... 4 Risk Mitigation ........................................................................................................
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Tutorial 8 Sourcing & Purchasing Decisions Part A MULTIPLE CHOICE 1. One advantage of outsourcing is that it: a. gives the company a high degree of control over its operations. b. increases the company’s access to state-of-the-art products and processes. c. protects the company’s proprietary designs and processes. d. encourages the development of the company’s core competencies. 2. Which of these is an indirect cost associated with insourcing?
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extent does the supplier stick to the contract Vraag 9 Statement: In purchasing policy it is stated how much revenue can one supplier benefit to. a. True. b. False. Vraag 10 Statement: Purchasing organization has to check regularly whether sourcing policy has to be changed.
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APPENDIX II RESEARCH QUESTIONNAIRE The questionnaire is for the purpose of collecting information on factors affecting international sourcing in the aviation industry. Please tick in the boxes and space provided. SECTION A: GENERAL INFORMATION 1. Gender Male Female 2. Age optional (please tick your age group) 18-27 27-37 37-47 47-57 57and above 3. Marital status Single Married Divorced 4. Department Top management Middle management Support staff 5. Years served at Bluebird
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CROWD SOURCING: CREATING BUZZ IN THE SOCIAL MEDIA WORLD Social media has changed the way business engages with consumers. Today‚ fans and followers don’t want to be “told”‚ they want to “discover”. Therefore‚ big and small brands are using the technique of Crowd Sourcing through Social Media Marketing. It is defined as the act of outsourcing tasks traditionally performed by an employee to Public through an open call. Globally big companies like Pepsi‚ Heinz‚ Starbucks‚ General Motors and Harley
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Define the Issue The Betapharm sourcing team needs to make an urgent decision whether products that are as diverse as raw materials (Malic Acid) and hotel contracts can be electronically sourced by using their already acquired ePass sourcing system. The aim is to find ways to better control costs and to remain competitive. Analysis The global hotels issue is that the cost on hotel spending is high. The annual total spending in 2003 was €70M. Although Betapharm has a global travel agent
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Global Sourcing Importance of global sourcing: Study by Aberdeen research showed that 37% of companies surveyed found global sourcing as very important for company success. Overall‚ statistics show we import source more than we export source. Canada is #1 trading partner‚ Venezuela has oil. Levels in the evolution towards global sourcing: Asked purchasing agents where they are now with global sourcing and then where they see themselves in the future. Level 1: Only domestic purchasing {Current
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