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

Question 1a do you think management is an art or a scienceb

Question 1 (a) Do you think management is an art or a science? (b) Describe using suitable examples the basic management functions. Question 2 (a) Using suitable examples explain the three (3) main managerial skills. (b) ...

What is an infosec framework what is an infosec blueprint

What is an InfoSec framework? What is an InfoSec blueprint?. What is a security model? How might an InfoSec professional use a security model? What is access control? What are the essential processes of access control? W ...

Comparison in organizationusing your current work

Comparison in Organization Using your current work organization (or an organization of interest) and a second organization in the same industry as the subject matter, research the elements of business, compare and contra ...

Topic 1 origins of management practices1explain what is

TOPIC 1: ORIGINS OF MANAGEMENT PRACTICES 1. Explain what is meant by ‘management'. In your answer discuss how the definitions or ‘management' have changed over time. 2. Explain the differences between effectiveness and e ...

Scm erp1what are the motivations for an organization to

SCM ERP 1. What are the motivations for an organization to have a good supply chain management (SCM) system? 2. Define SCM in your own words, and list the major types of SCM software. 3. List the four drivers of SCM and ...

Research and find a cool supply chain technology that is

Research and find a cool supply chain technology that is being used to insure safe and healthy foodstuffs within a retail business of our choice. What federal regulations must that followed to insure such safe and health ...

Assignment inventory management systemsyour sister owns a

Assignment: Inventory Management Systems Your sister owns a small clothing store. During a conversation at a family dinner, she mentions her frustration with having to manually track and reorder high demand items. She wo ...

A catfish bait manufacturer uses a secret blend of

A catfish bait manufacturer uses a secret blend of ingredients to make their infamous bait. One of these ingredients, we'll call it X for proprietary reasons, is the major component in the mixture. X is ordered in 55 gal ...

Importance of conversationin a 15-20-slide powerpoint

Importance of conversation In a 15-20-slide PowerPoint presentation, explain why communicating strategy is best accomplished through conversations. The presentation should address the following points: Leaders must truly ...

Identity the supply chain process of anti retro virus drugs

Identity the supply chain process of anti retro virus drugs by NACO of GOVT OF INDIA With its comparable to planning framework and enables with four different head 1.demand management 2.supply management 3. enablers 4. i ...

  • 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