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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
. Compare the traditional and contemporary roles of purchasing. What are the major differences between the two approaches?
Identify and describe the CSFs needed in the procurement process.
Describe the differences between the make-or-buy decision and the outsourcing decision.
Q6. Construct a vendor rating system (see Table 8.3) to help you in an important purchase that you need to make in the near future. Most students may find this useful in pur- chasing an item, such as automobile or a laptop computer.
What are the major functions that must be accomplished in the purchasing process?
Q8. Draw out the ordering cycle that takes place when your school’s academic department needs to order paper for its copy machines. Note that you may need to consult with the school’s departmental secretary or administrative assistance to help you in your answer.
Q9. How does the purchasing function change at different levels of the supply chain?
What potential problems can be encountered when a company chooses to outsource?
What are the intangible costs associated with offshore outsourcing?
What items would you consider in evaluating the TCO of a product that is completely outsourced to a company in China?
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