Procurement

4. Implications of the Journal Articles with the Organizations The trio organizations that digest been researched in Assignment 1 be gourmet broth, newsagency and bakeshop. It was found that every these three organizations have some similarities and differences with their buyer-seller relationships, supplier selection, and outsourcing issues that have been discussed in the research articles. As discussed in Assignment 1, the supply chains of the retail perseverance are inspired by highly time-based and consumer-driven logistic flows (Svensson, 2002). The purpose of Sharland, Eltantawy, and Giunipero (2003), however, indicates that cycle time in the initial selection decision is not a predictor of supplier performance. All the three formations who serve walk-in customers with zero wait time mogul rebut the statement made by Sharland, Eltantawy, and Giunipero (2003). This is because timely actors line by suppliers is critical to their business survival. If this does not occur the organisation could suffer from high stock-out cost. By placing lead time as a predictor of supplier performance and supplier selection, all these three organisations would smoothen the supply chain by minimizing bullwhip exercise.

For instance, bullwhip effect is caused by inaccurate aim of customer demand and forecast error during replenishment lead time. This is supported by Upanani & Uzsoy (2008) who take in that the implications of capacity allocation on operational measures such as lead time, which can significantly affect demand if customers are lead time sensitive. They outline that lead time essential be taken into consideration when determining a supplier performance. As stated in assignment 1, the owners of gourmet store and newsagent retailer simply determine the performance of their suppliers by dint of the stability of delivery time. For organisations that use Just-In-Time (JIT) such as the bakery company, it is particularly true for the marketing department to accept or reject come outs... If you want to get a full essay, order it on our website: Orderessay

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