11. Companies that experience late deliveries or low product quality from their supplier may resort

11. Companiesthat experience late deliveries or low product quality from their supplier mayresort to insourcing.
12. Companiesthat lack internal expertise in a specific functional area would likelyconsider insourcing.
13. Productparts, processes, and product assembly should all be designed by themanufacturing firm to assure a single-minded approach that the suppliers canfollow. Supplier involvement in these design phases is consideredcounterproductive.
14. Manufacturerstypically have very little influence over second and third tier suppliers whencompared to the influence they hold over first tier suppliers.
15. Somestrategic supplier agreements reward the highest performing suppliers with ashare of the cost reductions resulting from supplier improvements, additionalpurchasing contracts, or contract extensions on existing contracts.
16. Accordingto the text, driving your suppliers to offer the lowest possible prices, whichin turn will lower your cost of goods sold, could prove to be harmful tobuyer-supplier relationships and may also decrease the quality levels of theitems produced using your suppliers’ low cost components.
17. Developinga collaborative negotiation infrastructure include four steps: building apreparation process, develop a negotiation database. Design a negotiationlaunch process, and institute a feedback mechanism.
18. Benchmarkingis the practice of copying what other businesses do best.
19. A4PL, commonly referred to as a lead logistics provider, is a trucking companythat also provides tracking services.

"Is this question part of your assignment? We can help"

ORDER NOW