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

What is cobit who is its sponsor what does it accomplish

What is COBIT? Who is its sponsor? What does it accomplish? What are the two primary advantages of NIST security models? What is the common name for NIST SP 800-12? What is the document's purpose? What resources does it ...

Managing recruitment and selectionthe recruitment and

Managing Recruitment and Selection The recruitment and selection process is often challenging, as it can be expensive and time-consuming for health care organizations. Administrators are frequently under pressure to quic ...

Assignment taskgiven the stakeholder requirement for

Assignment Task: 'Given the stakeholder requirement for balanced corporate reporting and the need toensure the completeness and integrity of social and environmental disclosures, it issuggested that corporate social resp ...

Career management recommendationthe purpose of the career

Career Management Recommendation The purpose of the Career Management paper is to provide you the opportunity to apply career management theory to enhance an organization's effectiveness Imagine you are an HR associate.  ...

List and describe the three guidelines for sound policy as

List and describe the three guidelines for sound policy, as stated by Bergeron and Bérubé ? Describe the bull's-eye model. What does it say about policy in the InfoSec program? In what way are policies different from sta ...

1 what is benchmarking2 what is the standard of due care

1. What is benchmarking? 2. What is the standard of due care? How does it relate to due diligence? 3. What is a recommended security practice? What is a good source for finding such recommended practices? 4. When selecti ...

Emily bicchieri is a newly elected city council member in

Emily Bicchieri is a newly elected city council member in the City of Kelsey. As part of her orientation to her new position, Ms. Bicchieri wants to learn the roles and functions of the people she must rely on for inform ...

The family and medical leave act fmla was enacted in 1993

The Family and Medical Leave Act (FMLA) was enacted in 1993 and entitles eligible employees of employers covered under it to take unpaid, job-protected leave for specific family and medical reasons. During this leave, gr ...

1 what is risk management2 list and describe the key areas

1. What is risk management? 2. List and describe the key areas of concern for risk management. 3. Why is identification of risks, through a listing of assets and their vulnerabilities, so important to the risk management ...

Write a 1050- to 1400-word paper addressing the following

Write a 1,050- to 1,400-word paper addressing the following: Identify two jobs within the company of your choice. Describe the general function of performance management systems. If your assigned company does not use a p ...

  • 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