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uop iscom 361 entrie course Flashcards

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ISCOM 361 Complete Class
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ISCOM 361 Complete Class
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ISCOM 361 Week 1 DQ 1
How would you describe capital goods? Some organizations do not include the purchasing department in acquiring capital goods. Is this effective? Why or why not?
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ISCOM 361 Week 1 DQ 1

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3
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ISCOM 361 Week 1 DQ 2
What is the difference between a policy and a procedure? Why is it important for an organization to have a set of policies and procedures? Should management regularly review these policies and procedures? Why or why not?
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ISCOM 361 Week 1 DQ 2

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ISCOM 361 Week 1 DQ 3
How has technology changed supply management in the last 20 years? Have changes been positive? What are potential disadvantages of not keeping up-to-date with technology?
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ISCOM 361 Week 1 DQ 3

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5
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ISCOM 361 Week 1 Individual Assignment Policies and Procedures Summary
Read the following scenario:

• In today’s business world, technology and new information create an atmosphere of constant, rapid change. To deal with these changes, every organization has a set of policies and procedures to help employees have a point of reference in dealing with various situations. The policies provide a set of accepted guidelines to follow when questions arise in certain scenarios. The procedures are a set of steps or details explaining how to complete job duties. A business professional must be familiar with policies and procedures in the workplace and how technology changes them. Use headers for each item please.

• Define categories of purchasing policies.
• Summarize basic procedural areas.
• Explain how the e-supply chain affects the purchasing process.
Write a summary in 650 to 700 words.

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ISCOM 361 Week 1 Individual Assignment Policies and Procedures Sum.

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6
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ISCOM 361 Week 2 DQ 1
What negotiation model does your organization use with suppliers? Is it participative, antagonistic or something else? Provide your reasoning. Does the organization benefit from this model? How could it be improved?
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ISCOM 361 Week 2 DQ 1

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7
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ISCOM 361 Week 2 DQ 2
Explain the role third-party logistics providers play in your organization. Based on Exhibit 17.8 on p. 643 of Purchasing & Supply Chain Management, is it always advantageous to use a third-party logistics provider? Why or why not? How does using such a provider create a competitive advantage for an organization?
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ISCOM 361 Week 2 DQ 2

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8
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ISCOM 361 Week 2 DQ 3
How do technology practices, such as Internet buying, affect negotiation?
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ISCOM 361 Week 2 DQ 3

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9
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ISCOM 361 Week 2 Individual Assignment The Purchasing Cycle
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Read the following scenario:

• To be the best asset to its organization, a purchasing department must efficiently and effectively use the purchasing process. The process includes how the department identifies organizational needs, evaluates those needs, chooses suppliers who fulfill those needs, ensures prompt and accurate payment, evaluates the level to which needs were met, and facilitates improvement. The effectiveness a purchasing department displays in overcoming challenges presented by the process and the efficiency with which it streamlines day-to-day operations is vital to organizational success. For an employee to work in the process, he or she must understand it. Please use headers for each requirement below.

Choose a specific industry, such as transportation, food and beverage, or housing.
Conduct research into the purchasing process for the industry you choose.
Write a 1000 to 1100-word paper, addressing the following:

  • Summarize purchasing objectives and responsibilities.
  • Explain steps of the purchasing cycle.
  • Determine what elements of the process could be improved. Provide three to four examples of how you would improve the process and how they improve it.
  • Describe how the purchasing process is different for capital goods. Provide specific examples of the difference between capital and non-capital goods.
  • Illustrate how an organization may gain a competitive advantage by improving their purchasing process.
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ISCOM 361 Week 2 Individual Assignment The Purchasing Cycle
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Read the following scenario:

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10
Q

ISCOM 361 Week 3 DQ 1
What is a supplier evaluation? Why is it important? When might an organization conduct a supplier evaluation?
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ISCOM 361 Week 3 DQ 1

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11
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ISCOM 361 Week 3 DQ 2
What is global sourcing? Is it the most cost-effective option for organizations? Why or why not? What are some factors to consider?
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ISCOM 361 Week 3 DQ 2

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12
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ISCOM 361 Week 3 DQ 3
What must retailers consider when determining their product mix? Why is having a proper product mix important?
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ISCOM 361 Week 3 DQ 3

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13
Q

ISCOM 361 Week 3 Learning Team Caterpillar Example
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Resource: pp. 148–149 of Purchasing & Supply Chain Management
Write a 1100to 1250-word paper, addressing the topics below using headers to identify each requirement.

Explain how an organization develops working relationships with supplier groups.

  • What is the advantage of integrating groups or people for a common purpose?
  • What is meant by internal integration? How is this accomplished?
  • How is external integration accomplished in the example? With whom could Caterpillar build a relationship in the future?

Describe how the deal between Caterpillar and Delco was beneficial to both organizations beyond a normal supplier/purchaser relationship.

  • How did this deal provide each organization with a competitive advantage?
  • What long- and short-term goals do each organization want to achieve?
  • How do Caterpillar’s supply management goals relate to its corporate objectives?

Use a minimum of one reference and APA guidelines apply. REMEMBER ->Use headings for each bulleted requirement

A

ISCOM 361 Week 3 Learning Team Caterpillar Example
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14
Q

ISCOM 361 Week 4 DQ 1
The parties to a sourcing negotiation can discuss many issues besides price. Select five non-price issues over which a buyer and seller can reach agreement, and explain why each issue might be important to the buyer or seller.
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ISCOM 361 Week 4 DQ 1

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15
Q

ISCOM 361 Week 4 DQ 2
The parties to a sourcing negotiation can discuss many issues besides price. Select five non-price issues over which a buyer and seller can reach agreement, and explain why each issue might be important to the buyer or seller.
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ISCOM 361 Week 4 DQ 2

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16
Q

ISCOM 361 Week 4 DQ 3
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ISCOM 361 Week 4 DQ 3
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17
Q

ISCOM 361 Week 4 DQ 4
Discuss the concept of ethics. Why is the purchasing profession particularly sensitive to this topic? What are the different risks associated with unethical behavior?
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ISCOM 361 Week 4 DQ 4

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18
Q

ISCOM 361 Week 4 Individual Assignment Eaton Corporation Example
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Individual Eaton® Corporation Example
Resource: pp. 264–267 of Purchasing & Supply Chain Management
Write a 1,050- to 1,200-word paper addressing the topics below. Illustrate how a purchaser would evaluate a supplier.

  • What are steps in the selection process? Briefly describe each step and its function in the process.
  • How do purchasers evaluate suppliers? What criteria must a supplier use?
  • How are supplier evaluations and surveys effective for a purchaser?

Analyzehow an organization may reduce costs.

  • What cost analysis techniques may an organization utilize to manage costs?
  • Why is reverse price analysis necessary? What advantages does it provide to purchasers?
  • When is a break-even analysis used? What information does it provide? How is this useful to an organization?

Explain challenges of purchasing commodities and resale goods.

  • What are price stabilization techniques and what effect do they have on the commodities market?
  • What are some commodity buying techniques? What are some risks of these techniques?
  • What are some challenges faced when purchasing for resale?
  • Why is merchandise planning important?
A

ISCOM 361 Week 4 Individual Assignment Eaton Corporation Example
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19
Q

ISCOM 361 Week 5 DQ 1
How has measuring and evaluating purchasing performance been limited in the past? How has this changed? Do you agree an organization must increase its efforts to measure performance? Why or why not?
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ISCOM 361 Week 5 DQ 1

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20
Q

ISCOM 361 Week 5 DQ 2
How do you see technology changing purchasing strategies in the future? How might this affect your own organization? What are some strategies that companies can use to help employees deal with these changes?
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ISCOM 361 Week 5 DQ 2

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21
Q

ISCOM 361 Week 5 Individual Assignment Accent Industries Example
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Individual Accent Industries Example
Resource: pp. 735–736 of Purchasing & Supply Chain Management

Write a 1,050- to 1,200-word paper, addressing the topics below.

Determine how laws that affect supply chain management influence the evaluation of and relationship with suppliers.

Define concepts of purchasing and supply measurement systems.

  • What are pros and cons of measuring performance?
  • Summarize five to six purchasing and supply chain performance measures you feel are most important. Explain why they are important.
  • Describe how you would develop a performance measurement and evaluation system.
  • How would ethics influence the system?

Choose two purchasing and supply strategy trends.

  • How will these trends affect supply chain strategies in the future?
  • What are some changes that may affect purchasing and supply professionals?

Create a balanced scorecard for purchasing and supply chain management, and decide how ethics and ethical decision affect the scorecard.

A

ISCOM 361 Week 5 Individual Assignment Accent Industries Example
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22
Q

ISCOM 361 Week 5 Team Assignment (It Takes Two to Tango Response)
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Learning Team It Takes Two to Tango Response
Resource:It Takes Two to Tango in the Electronic Reserve Readings
Research a third-party logistics provider.
Create a negotiation strategy for doing business with a new provider.

  • What objectives do you have for this negotiation?
  • What are some strengths and weaknesses of your organization and the third-party logistics provider?
  • What information must you research about this provider?
  • What are your needs? What are the provider’s needs?
  • What are some potential issues?
  • What negotiation strategy do you want to use?

Write a summary of no more than 1,400 words,addressing the following:

  • What role does third-party logistics play in an organization?
  • Who benefits by employing a third-party carrier?
  • Why have third-party carriers become more popular?
  • What trends do you see in the future for third-party carriers?
A

ISCOM 361 Week 5 Team Assignment (It Takes Two to Tango Response)
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