Chp1

Question 1

What are the primary goals of purchasing

Answer 1

ensure uninterrupted flow of material
improve quality of goods
acquire good with low total cost

Question 2

What happened in the 1980-90’s (4)?

Answer 2

Just In Time (JIT)
Total Quality Management (TQM)
Business Process for Engineering (BPR)
Third Party Logistics

Question 3

What is JIT? who developed it and introduced it to US?

Answer 3

developed by Japanese, Douglas Mcarthur rebuilt idea to make sure all parts are there so that companies don’t stop working

Question 4

What is TQM and who is tied to it?

Answer 4

Sara; its a strategy for making change-continuos improvement- small incremental improvement/change

Question 5

What is BPR?

Answer 5

strategy for making change-radical change!

Question 6

What is happening to SCM since 2000’s to now?

Answer 6

Supply chain relationships: reliability
sustainability and social responsibility: physical image is reputable
accelerated increases in SCM capabilities: taking out companies that are holding them back