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Supply Chain Strategies: Customer Driven and Customer Focused

Tony Hines

Chapter 5

Supplier sourcing, procurement and evaluation - all with Video Answers

Educators

Chapter Questions

01:26

Problem 1

Identify the main criteria for sourcing goods locally vs. globally.

Armaan Tourani
Armaan Tourani
Numerade Educator

Problem 2

Evaluate the merits of sourcing goods from global suppliers and draw comparisons with the merits of sourcing local suppliers.

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Problem 3

'There may be an iceberg of cost involved in purchasing from certain suppliers and supply sources that do not enter the usual criteria for decision-making.' Discuss.

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00:22

Problem 4

'Sources of supply can be a means of achieving competitive advantage.' Discuss.

Daniel Cisneros
Daniel Cisneros
Numerade Educator

Problem 5

Identify and evaluate the main sources of competitive advantage involved in supplier sourcing strategies.

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Problem 6

'Supplier selection criteria may vary from industry to industry.' Discuss.

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Problem 7

'Supplier development programmes can assist suppliers to meet their customer requirements more efficiently and effectively.' Discuss.

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06:40

Problem 8

'Environmental and ethical considerations sometimes get ignored when sourcing supplies.' Discuss.

Leah Lampen
Leah Lampen
Numerade Educator

Problem 9

Explain why buyer performance measures may lead to sourcing decisions that may not be in the best interests of the whole organization.

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Problem 10

'The recent trend towards supply base rationalization has caused many organizations to re-evaluate their risk profile.' Explain what you understand this statement to mean and why it is important, if not essential, to consider risk in reducing the number of suppliers.

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