This article discusses partnering, single supplier system, and quality control tools in supply chain management. It also provides solved assignments, essays, and dissertations on the subject.
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Running head: SUPPLY CHAIN MANAGEMENT Supply Chain Management Name of the Student Name of the University Author note
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1SUPPLY CHAIN MANAGEMENT Chapter 4 Question 10 Partnering is a step in business that brings together two different company in pursuit of the same goal and hence they work together in partnership. The aim of partnering is to create a situation in which both the companies benefit from an arrangement that will lead to pursuance of a similar goal (Adamik). Partnering is done in order to ultimately benefit the supply chain process of the both the companies involved. Fixation of prices of raw material from the partner company during signing of clause for partnership allows the other company to benefit as they keep getting the products in low price even other market suppliers may charge significantly high. A disadvantage is that if one of the companies adapts changes in their strategic planning then it can affect the deal, as they will start pursuing other goals that will give them more benefit. Question 11 The use of single supplier has many benefits when contrasted with multiple supplier system. In case of orders that require production from the suppliers, it is advised to stick with a single supplier system in order to maintain a quality level for all the products delivered (Reid and Sanders). The use of such a system can enhance the quality of end-product by making sure that the input material is consistence. When a single supplier is used it is known to the supplier that they are responsible for the business and hence they will work more dedicatedly to produce better and serve to the best of quality (Lawson, Krause and Potter). However, this is not the case with multiple suppliers as they are know that others are also responsible for production and hence room for mistakes on their part remains greater.
2SUPPLY CHAIN MANAGEMENT Question 12 The kind of information that is needed in the supply chain are as follows- Tracking of sales volume The products and their movement Warehousing Supplier base Proper production process. Chapter 5 Question 6 Prevention costs are those that are related to prevention of degraded quality. These include training, designing and proper planning for the product. Appraisal costs include the budget that is used up to determine the quality and trouble shooting of the products. The quality checks are the one that cover up most part of this kind of cost. Internal failure costs are the expenses that are related to checking the quality and problems within a product before it is handed over to the customer (Guinot et al.). These costs include the reworks and machinery repairing charges in a company. When a customer finds poor quality, the resultant costs are the external failure costs. These include lawsuits, exchanges and refunds. On production of a high quality product the external and internal failure costs will reduce. The cost for appraisal will come down because audits and inspections will come down but prevention costs will shoot up as high effort will be required to produce a product of such high standards. Question 10 The seven tools of quality control are-
3SUPPLY CHAIN MANAGEMENT 1.Cause-and-effect diagram – This tool allows finding the defect that needs to be analyzed and the causes are separated into categories for further exploration. 2.Flowchart – It records the string of the materials or customers by the means of the procedure. 3.The checklist - It creates a record for the type of deformities, alongside a tally of the repetition of each sort. 4.Control Charts – It outlines the demonstrate plots of tests of a product or official trademark taken up from the procedure after considerable amount of time. 5.Scatter diagram – These plots are on a x-y hub used to decide the connection of the two factors. 6.Pareto charts- It demonstrates the repetition and aggregate amount of imperfection. This graph shows which imperfection composes cause the maximum number of the quality issues or dissensions (Beheshti et al.). 7.Histogram – It demonstrates the repetition of all the quality issues that are prevalent. Using the Pareto chart and the diagram of cause and effect can be efficient as the Pareto chart at first can identify the issue and then the diagram shall reflect the actual problem and hence it can be worked upon efficiently.
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4SUPPLY CHAIN MANAGEMENT Reference Adamik, A. N. N. A. "A partnering approach to extending the business base through cooperation with competitors (coopetition)–is it an option for SMEs?."Recent Advances in Management, Marketing and Finance, Business and Economics Series4 (2013): 59-65. Beheshti, M. H., et al. "Investigation of the most important direct cause of occupational accidents based on the Pareto Chart." (2015): 38-45. Guinot,Jeff,etal."Costconsequenceoffailureinfailuremodeandeffect analysis."International Journal of Quality & Reliability Management34.8 (2017): 1318- 1342. Lawson,Benn,DanielKrause,andAntonyPotter."Improvingsuppliernewproduct development performance: the role of supplier development."Journal of product innovation management32.5 (2015): 777-792. Reid, Robert D., and Nada R. Sanders.Operations management: an integrated approach. John Wiley & Sons Incorporated, 2005.