Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

Introduction

In today’s competitive environment, company’s performance does not depend upon its capabilities alone. In the past decades, what had increased was: outsourcing, supply base reduction and consolidation. This has increased the reliance of buyers on their suppliers and has become the popular manufacturing strategy for companies. It is because of the increased dependence, that how major suppliers perform once in terms of quality, delivery, costs and services, affects the buying company’s performance. Like, part shortages contributed to long production delays for Boeing’s 747 and 737 airplanes and a resulting loss of over $1 billion. Hence, it is significant for a successful firm to understand a supplier’s capabilities and performance potential.

Since the fourth-largest automaker in the world, “Toyota is committed to continuous improvement, looking forward to new tomorrows. Built-in car navigation system is getting more popular all around the world as it could offer a more suitable and safer environment for drivers. Aggregation of mapping data, for the navigation systems from Denso, is now available in about every Toyota model in the UK.” (www.toyota.co.uk) Toyota’s navigation system supplier: “Denso, a $16.2 billion Japanese corporation, is the fourth largest independent automotive component supplier in the world.

Denso’s vehicle navigation systems perform complex spatial data processing and were used by car manufacturers such as Toyota, Jaguar and Cadillac.” (www.denso.co.uk) Moreover, Toyota is not the only buyer of Denso; but Denso is the only navigation supplier to Toyota. In this assignment, I would utilized supply chain theory to analyses how Toyota has managed its relationship with Denso and how Toyota can manage its supply chain better.

You need to provide the following background information about the company in an introduction area.

• Brief introduction to your company
• Nature of the Business
• Nature of the products
• Organizational structure
• Customers satisfactions  
• Any other detailed characteristics of the organization.

Clearly describe all related assumptions regarding the nature of the business and any other information applicable for the chosen organizational context and answer the following task.

Task 01

1.1 Develop purchasing systems for standard and non-standard items

1.2 Describe the organizational structure and possible organizational configurations

1.3 describe how the efficiency of purchasing functions would be analysed in your organization        

1.4 Briefly describe the involvement of Human Resource Management in your organization’s purchasing functions

1.5 Briefly describe the utilization of IT in the procurement and supply chain management activities

Task 02

2.1 describe the different types of sourcing available and strategies formulated to manage  them in your organization.( i.e Consumables, capital goods, goods for resale)

2.2 prepare down the strategies that are used by the organization to develop and maintain efficient supplier relationship and list the ways for vendor appraisals

2.3 prepare down the issues that are identified by your organisation when sourcing decisions made?
       - Tendering
       - Make or buy decision
       - Subcontracting or outsourcing

Task 03

3.1 describe how negotiations with suppliers are conducted to obtain goods and services at accepted costs.

3.2 What are the channels of distribution for the different types of goods?

3.3 Briefly describe the procedures used by the organization to make sure the security and safety.        

Task 04

4.1 Does the company’s purchasing activities influenced by national and transnational organizations. Briefly describe.

4.2 Investigate the relationship with the foreign suppliers, Compare and contrast the relationships with the foreign suppliers with the competitors

4.3 describe the role and the service provided by the specialist in international purchasing

4.4 describe how cooperate social responsibility initiatives have affected purchase-supplier relationships.

4.5 Asses the advantage of global sourcing strategy.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M9748

Have any Question? 


Related Questions in Management Theories

Write in 300 wordscompare and contrast needs-based theories

Write in 300 Words. Compare and contrast needs-based theories of motivation. Which offers the most value to healthcare managers? Discuss the role of thinking processes in organizational communication and problem solving. ...

High-performing teamsadopting high-performing teams to

High-Performing Teams Adopting high-performing teams to solve problems where direct supervisors and managers recognize service, and quality outcomes could promote quality initiatives. Using Google Scholar or EBSCO Librar ...

The impact of transportation disruptions on supplychain

The impact of transportation disruptions on supply Chain Performance Martha C. Wilson College of Business Administration, California State University, Sacramento 6000 J Street, Sacaremento, CA 95819-6088, United States R ...

Task -read a business proposal - customer records

Task - Read: A Business Proposal - Customer Records Management Replacement System for the fictional organisation Tangle Corp. This document will be made available via the Resources section of Interact for this subject. T ...

What is the difference between authentication and

What is the difference between authentication and authorization? Can a system permit authorization without authentication? Why or why not? What is the most widely accepted biometric authorization technology? Why? What is ...

In 2000 words summarise and analyse at least 6 scholarly

In 2000 words, summarise and analyse at least 6 scholarly sources on the topic of CSR and the Ecological Environment. The Literature Review should be based on scholarly articles written on the topic between 2008 and 2016 ...

Management care environments and payment systems -

Management Care Environments and Payment Systems - Discussion The following Discussion will help you to prepare for part of your Unit 2 Quiz. 1. Describe the major third-party payers and the characteristics of managed ca ...

Scm globe reflection paper-the individual research paper

SCM Globe Reflection Paper- The individual research paper should demonstrate the individual's ability to integrate and synthesize the SCM Globe simulation as well as course concepts and research materials to communicate ...

Identify at least two approaches used to categorize access

Identify at least two approaches used to categorize access control methodologies. List the types of controls found in each? What is a mandatory access control? What is a data classification model? How is data classificat ...

With the same talent management strategy in mind from

With the same talent management strategy in mind from Assignment 3, write a six to eight (6-8) page paper in which you: 1. Determine which performance management process you will employ to measure employee talent. 2. Ana ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro