strategy‚ operational hedging and risk mgmt. Sourcing strategy: Global networks and offshoring Strategic sourcing and supplier relations Reading Swiss Watch Industry (Ch1‚ p. 32) Peapod (Ch. 13‚ p. 415) Hand-‐‑In (Before class) Project Progress (After class) 2 Peapod External view of the organization’s operations. Risk assessment Operational hedges Sourcing challenges Plan for next steps 3
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Welcome to Alibaba.com! Presented by; Ronak Vijayvergia Sanjay Kumar Sahoo Sadu chaitanya Reddy Siba Vinith Alibaba.com Introduction Traditional Sourcing Lifecycle Search/ Discovery Evaluate Negotiate Transact Average sourcing cycle: 3.3 – 4.2 months 52% of time spent searching for/identifying appropriate suppliers 20% of time spent on screening/sorting proposals 18% of time spent on RFQ development/ RFQ response 10% of time spent on contract negotiations
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In quality control‚ the emphasis has shifted from detecting defects at the time of receipt or use to prevention early in the materials‐sourcing process. True False 6. A value chain is a subset of the supply chain. True False © Purchasing Management Association of Canada Introduction to Procurement 7. Purchasing is becoming less responsible for sourcing indirect goods and services required by internal groups. True False 8. Purchasing and supply management has minimal impact on product and service quality
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1. Zara profile Zara is the most internationalized of Inditex’s chains which owned by Spanish tycoon Amancia Ortega. The first Zara store opened in 1975 and there are more than 1‚500 Zara stores around the world until now. It is claimed that Zara needs just two weeks to develop a new product and get it to stores‚ compared with a six-month industry average‚ and launches around 10‚000 new design each year. Zara has resisted the industry –wide trend towards transferring fast fashion production to
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outsider in our business‚ they are part of it - we are not doing them a favour by serving them‚ they are doing us a favour by giving us the opportunity to do so. Since 2003 Crystal Martin has continued to evolve into a product development and sourcing organisation to augment its wholly owned manufacturing‚ and that of its extended Crystal family which gives us the global positioning to provide an effective clothing supply chain of high quality‚ competitively priced Intimate Apparel‚ Women’s wear
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MRO Sourcing Goes Global INF336 Project Procurement Management January 7‚ 2013 MRO Sourcing Goes Global It is critical for any organization or business to seriously analyze and implement maintenance‚ repair and operations (MRO) goods and services that will help the company achieve it organizational goals. Johnson‚ Leenders‚ & Flynn (2010) explain "Identifying and streamlining key business processes to reduce costs‚ grow revenues‚ and manage assets represents an opportunity
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shipping‚ import tariffs‚ and technological advancements. In an effort to keeps costs down‚ the industry has been looking to overseas sourcing. This reduces the risk of losing revenue if one region which a manufacturer incurs problems. Favorable legislation regarding foreign manufacturing has led to a huge increase in foreign sourcing. Overseas production and sourcing can lower material‚ and labor costs. The footwear companies must choose their distribution channels carefully because they want to
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sources‚ for example coal‚ it is anticipated that Poland’s total demand for natural gas will increase from 10 billion cu m (353 billion cubic ft.) to 22-27 cu m (777 to 954 billion cubic ft.) by 2010[1] due to restructuring and increased demand. The sourcing of the present demand and the increased volume is subject of the present strategy. Diversification and Development of pipelines Since gas is expected to be used more widely both by industrial and domestic consumers‚ it is essential that transmission
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Assignment Choice #3 SUPPLY CHAIN MANAGEMENT AT BOSE CORPORATION By Steve Singh Student Identification# Background Bose was founded in 1964 by Amar Bose an MIT professor‚ the business was based on innovations and acoustics and electronics. In its initial year the company revenues were primarily based on portable‚ battery operated equipment. Bose launched the first successful model 901 speakers‚ which were followed by further successful products like the 501 and 301 speakers. Bose
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success of Inditex to the success of the strategies of Zara. Figure 1 Inditex Net Sales by Concept The success of Zara is linked to its vertical integration strategy with local sourcing that differentiates it from other international clothing retailers. Sourcing Strategy Zara uses a combination strategy when sourcing their production. It uses most of outsourcing to produce basic items and initial fashion collection. It outsources about half of its production to third party; about 60% come from
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