Discuss the advantages and disadvantages of an optimized supply base. How can a buyer overcome the disadvantages?

Answers

Answer 1

Rationalization, a strategic initiative as well as methods to first decrease static or restricted-use providers begins to enable sustainable supply baseline optimization, which is termed as Supply base optimization.

Some advantages of an Optimized supply base are provided below:

Cost efficiency.Enhance output.Better Collaboration.Identify problem areas with ease.Prevention of delays.

Some advantages of an Optimized supply base are provided below:

Lack of Reliability.Complicated.Co-ordination vacuum between organizations.Trained and personalized personnel are required.Cost of execution.

A buyer can overcome the disadvantages by the following point:

Your Emergency Strategy is referred to.Creating open communication channels.Ensure the level of customer satisfaction.

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Related Questions

A home equity loan can be risky because

Answers

Answer:

Because the lender can foreclose if they don't make your payments.

It is two weeks before finals and the campus coffee shop is anticipating a rush of student customers looking for their pre-study
caffeine boost starting next week. To prepare, the shop manager has started looking for temporary employees, but she isn't sure how
many to hire. She worries about the diminishing marginal product of each additional hire,
The table below shows a range of possible hires the coffee shop manager could make along with the total output (number of lattes
served per hour) and marginal product of labor that results from hiring each employee.

Answers

Following are the description of the marginal product.

The company's marginal product is indeed the additional products produced from more input. It is also known as just a marginal physical product.It improves the total production by providing one extra input unit into production. It measures the number of new units involve in adding an input unit such as materials, work, or overhead.

Please find the complete question and its graph file in the attachment file.

[tex]\bold{Employees}[/tex]  [tex]\bold{Total \ Out put}[/tex]  [tex]\bold{MP \ of\ Labor}[/tex]

[tex]0 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \\\\ 1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 5 \\\\ 2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 15 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 10 \\\\ 3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 30 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 15 \\\\ 4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 42 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 12[/tex]

[tex]5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 52 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 10 \\\\ 6 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 60 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 8\\\\ 7 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 64 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4 \\\\ 8 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 64 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0\\\\ 9 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 60 \ \ \ \ \ \ \ \ \ \ \ \ \ -4[/tex]

[tex]10 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 55 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ -5[/tex]

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Answers

Answer:

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Explanation:

Human resources development is important because it is an investment in one's employees that will ultimately result in a stronger and more effectiv

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If you do not balance your accounts, you run the risk of
and receiving

Answers

Answer:

being overdrawn and receiving NSF fees

Explanation:

If I were a salesmen, how could I sell 10 boxes of burritos?

Answers

You can make posters and signs that can show ppl you sell them or get a food truck !

Barbara, a change manager , has political skills, she has built a range of relationships across and outside the organization. These characteristics of Barbara are an example of ____________ dimension political skill.
a. networking ability
b. apparent sincerity
c. interpersonal influence
d. social astuteness

Answers

I think she has a social astuteness because she has a range of relationships across and outside of the organization. So, for that reason she is being social.

Nico has a net worth of $150,000. Nico sold all of his assets for cash and used that cash to pay off all debts and obligations. In theory, how much cash would remain with Nico

Answers

The cash that should remain with Nico is $150,000.

The following information should be considered:

Net worth represents the wealth of an individual & company.It shows a difference between the assets & liabilities.

Given that,

The net worth is $150,000.As the assets are sold for cash and used to pay off the debts.

Therefore we can conclude that the cash that should remain with Nico is $150,000.

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The effect on the accounting equation from using supplies which had been previously recorded as an asset is:
d
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O assets increase and owners' equity decrease
O assets increase and liabilities increase
O assets decrease and owners' equity decrease
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C!
O assets decrease and liabilities increase
D
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Answers

The effect on the accounting equation from using supplies which had been previously recorded as an asset is that the assets will decrease and the owner's equity will decrease too.

The assets are the resources that the company has. The owner's equity refers to the proportion from the total value of the asset of a company that the owner can claim.

Since the supply was recorded before as an asset, then the asset will reduce and the owner's equity reduces as well.

In conclusion, the correct option is C.

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Your daughter will be going to college in three years. Tuition fees are estimated at
$30,000 million a year for four years, payable at the beginning of each year. To estimate whether you have set aside enough money, you ignore possible inflation in tuition payments and assume that you can earn 8 percent annually on your investments. Suppose you would like to have enough money to fund her 4-year education at the time she starts college, how much should you set aside now to cover these payments?

Answers

Answer:

107312.91 million

Explanation:

[tex]30000*(1.08)*(\frac{1-(1+.08)^{-4}}{.08})=107312.9096[/tex]

Management accounting guidelines. For each of the following items, identify which of the management accounting guidelines applies: cost-benefit approach, behavioral and technical considerations, different costs for different purposes.
1. Analyzing whether to produce a component needed for the end product or to outsource it.
2. Deciding whether to compensate the sales force by straight commission or by salary.
3. Adding the cost of store operations to merchandise cost when deciding on product pricing, but only including the cost of freight and the merchandise itself when calculating cost of goods sold on the income statement.
4. Considering the desirability of purchasing new technology.
5. Weighing the cost of increased inspection against the costs associated with customer returns of defective goods.
6. Deciding whether to buy or lease an existing production facility to increase capacity.
7. Estimating the loss of future business resulting from bad publicity related to an environmental disaster caused by a company's factory in the Philippines, but estimating cleanup costs for calculating the liability on the balance sheet.

Answers

Key guidelines on accounting management allow accounting professionals can deliver value to their company's strategy and operational judgment. The criteria for key management accounts are:

Employing an approach to costs and benefits:

                Helps accounting examine allocation decisions such as buying

                 and buying; buying vs. buying.

Considerations of compliance and technology:

            Technical considerations allow managers to take perv financial                    

            choices through the dissemination of data in the required format;        

            behavioral factors allow managers to give their colleagues

             thorough information to guide people in improving their skills.

Various costs in various applications:

            In certain scenarios, management accountants will explore

            adopting alternative ways to cost computing. The rationale is

            because cost concepts are interpreted differently relying upon the          

            end-use purposes.

Approach to cost advantages:

       This can be a useful tool for visualizing the impact and effects

        of the action.

Approach to cost advantagesApproach to cost advantagesConsiderations of compliance and technology

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Barbara is a producer in a monopoly industry. Her demand curve, total revenue curve, marginal revenue curve and total cost curve are given as follows:

Q = 160 - 4P
TR = 40Q - 0.25 img
MR = 40 - 0.5Q
TC = 4Q
MC = 4

How much output will Barbara produce?

a. 0
b. 22
c. 56
d. 72
e. none of the above

Answers

I was gonna say E but if wrong im sorry

You are the sales manager for a company that sells many types and sizes of rock and gravel to construction, landscaping, and retail clients. Because the profit margins are razor-thin, you need to ensure that you are getting the very best prices from the quarries. When reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. To enact the controlling management function, what would you do next?

Answers

Answer:

Redirect the strategic goals of the business to begin selling power tools

Explanation:

We must make an inspiring message to inspire the workforce to enhance her efforts throughout the comparative offering procedure to perform the controlling managerial functions.

To inspire staff to enhance efforts to make competitive tenders need, according to my view, be accomplished as more than just a consequence of financial outcome since the profitability is small. It must be based on slack perceptions of workers.Management seems to have the obligation to encourage workers, to somehow be actively involved, and to recognize the significance of competitiveness offering.

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what an example of current Marketing situation of a business or service​

Answers

It’s difficult for companies to market their movies since many people aren’t visiting theatres with Delata variant going on. Companies like Disney/Marvel recognise this and teased their “Black Widow”movie to Disney plus for people who refused to go to the theatres.

When several parties or individuals can reach similar values in financial statements by using similar methods, the information is said to be: Multiple Choice comparable. understandable. verifiable. timely.

Answers

When several parties reach similar values in financial statements then the information is said to be comparable.

When two or more companies use same methods of accounting then their values and financial figures can be comparable.

There are accounting standards which provides a base for the accounting treatment for transactions.

There can be analysis if their performance based on their financial figures.

The correct answer is a. Comparable

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WILL GIVE BRAINLIST
Macroeconomics looks at long-run economic problems while microeconomics examines short-run economic problems.
O true
O false

Answers

Answer:

true

Explanation:

have a good day !!!!!!

Normally, if interest rates rise, the value of Master Limited Partnership (MLP) units will also rise in value.
a. True
b. False

Answers

A. True. Is the answer. I’m doin this for the characters

plz help what is the difference between deposite and installment in paragraph​

Answers

Answer:

deposit refers to the savings deposit method where the customer specifies the savings term when opening an account and deposits the principal in installments, and will withdraw the principal and interest in lump sum at maturity. installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different times, the amounts and times (often equal namely regular, eg mensual)

Explanation:

never start a project unless all resources are available

Answers

Agreed! This is so true tho!

What is the key to economics? Explain.

Answers

Answer:

At the most basic level, economics attempts to explain how and why we make the purchasing choices we do.

Explanation:

this was a answer from my school

Answer:

Four key economic concepts—scarcity, supply and demand, costs and benefits, and incentives

Explanation:

Scarcity explains the basic economic problem that the world has limited—or scarce—resources to meet seemingly unlimited wants, and this reality forces people to make decisions about how to allocate resources in the most efficient way.

As a result of scarce resources, humans are constantly making choices that are determined by their costs and benefits and the incentives offered by different courses

For example, there is only so much wheat grown every year. Some people want bread and some would prefer beer. Only so much of a given good can be made because of the scarcity of wheat. How do we decide how much flour should be made for bread and beer? One way to solve this problem is a market system driven by supply and demand.

Supply and Demand

A market system is driven by supply and demand. Taking the example of beer, if many people want to buy beer, the demand for beer is considered high. As a result, you can charge more for beer and make more money on average by using wheat to make beer than by using wheat to make flour.

Hypothetically, this could lead to a situation where more people start making beer and, after a few production cycles, there is so much beer on the market—the supply of beer increases—that the price of beer drops.

Costs and Benefits

The concept of costs and benefits is related to the theory of rational choice (and rational expectations) that economics is based on. When economists say that people behave rationally, they mean that people try to maximize the ratio of benefits to costs in their decisions.

If demand for beer is high, breweries will hire more employees to make more beer, but only if the price of beer and the amount of beer they are selling justify the additional costs of their salary and the materials needed to brew more beer. Similarly, the consumer will buy the best beer they can afford to purchase, but not, perhaps, the best-tasting beer in the store.

Everything Is in the Incentives

If you are a parent, a boss, a teacher, or anyone with the responsibility of oversight, you've probably been in the situation of offering a reward—or incentive—in order to increase the likelihood of a particular outcome.

Economic incentives explain how the operation of supply and demand encourage producers to supply the goods that consumers want, and consumers to conserve on scarce resources. When consumer demand for a good increases, then the market price of the good rises, and producers have an incentive to produce more of the good because they can receive a higher price. ON the other hand, when the increasing scarcity of raw materials or inputs for a given good drive costs up and producers to cut back on supply, then the price they charge for he good rises, and consumers have an incentive to conserve on their consumption of that good and reserve it's use for their most highly valued uses.

In the example of a brewery, the owner wants to increase production so they decide to offer an incentive–a bonus–to the shift that produces the most bottles of beer in a day. The brewery has two sizes of bottles: one 500 milliliter bottle and a one-liter bottle. Within a couple of days, they see production numbers shoot up from 10,000 to 15,000 bottles per day. The problem is that the incentive they provided focused on the wrong thing—the number of bottles rather than the volume of beer. They begin receiving calls from suppliers wondering when orders of the one-liter bottles are going to come. By offering a bonus for the number of bottles produced, the owner made it beneficial for the competing shifts to gain an advantage by only bottling the smaller bottles.

Which statement is an example of effectively managing diversity

Answers

The statement that shows an example of effectively managing diversity is that change the signs, brochures & the website that involved the other languages from the local government to the legal & illegal immigrants.

The following information is not relevant:

If there is an increase in the no of families that are the single parent so it does not decrease the health benefits.In order to decrease workplace diversity, the company does not require  all employees to speak in English.Companies does not recognize the Americans that shows poor demographic group.

Therefore we can conclude that the statement that shows an example of effectively managing diversity is that change the signs, brochures & the website that involved the other languages from the local government to the legal & illegal immigrants.

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Sensitivity analysis is concerned with determining how much variation in financial data, the decision maker can have to affect the economic decision.
A. True
B. False

Answers

A. True bc the maker can always affect the economic decision as a whole

A wedding party hired a sole proprietorship to cater their wedding. In this situation, the sole proprietorship is a corporation and the employee who handled the job is a partner. If the sole proprietorship is a corporation and its employee poisons the cake, the corporation's board of directors would not be liable.

false
true

Answers

The answer would be false

As leaders, it is our responsibility to those we work with and to ensure we provide them with the tools they need to succeed.

a. True
b. False

Answers

i say it's true! hope this helped
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