ACQUISITION AND SUPPLY MANAGEMENT
Discussion post
After reading Chapters 4 and 5 in the text (I will share PDF book), reflect and discuss the following questions:
- In what ways can the design of a firm’s supply chain network affect its ability to create value for customers through efficiency, effectiveness, and differentiation?
- What are the steps in the process of supply chain network design? Of these steps, which are most relevant to the task of selecting a specific location for a logistics facility?
- Describe and discuss the differences and relationships between purchasing, procurement, and strategic sourcing. How have these concepts evolved?
- Using the risk/value technique, categorize the importance of the following items for an automobile manufacturer: engine, tires, gasoline, paper for the employee newsletter, a uniquely designed and engineered muffler, and rail car service to dealers. Describe the rationale you used to ascertain each categorization.
Use the following headings to organize your paper: Introduction, Question 1, Question 2, Question 3, Question 4, Conclusion, References.
Once you submit this discussion, I will send you 2 classmate’s post and you will have to provide meaningful comments for each in minimum 150 words.
Assginment has to be in APA format
Please see attached PDF book which will be needed for this assignment
Please work according to the requirements given and use APA style
Answer preview
Question 1
A firm must always choose a design that works towards producing optimum results to the proceeds and activities that it is in involved in. In this case, the firm should promptly follow the major steps of design, which will consequently lead to the coordination of the overall business policy (Coyle, Langley, Novack, & Gibson, 2016). Good product design is vital in providing differentiation of a product in the market, which consequently avails uniqueness if a brand in the market. The design of the supply chain network also…
(750 words)