What could Nissan have done to assess the risk of disruption in their supply chain?
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Please read the Case Study: Nissan Motor Company and answer the following question.
- What could Nissan have done to assess the risk of disruption in their supply chain?
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?China has overtaken the US market in the total number of electric vehicles on the road. Cumulative electric vehicle sales reached 650 000 units in 2016, and the country increased new registrations for electric vehicles by 70% year on year, to around 350 000 units. The United Sates Secretary of Trade and Commerce is not happy with this development. Use a cause-and-effect diagram investigating why there has been a decline in production of electric vehicles in the United States market.
- The Mobile Phone Company has been named as the most complained about mobile phone company, narrowly beating 3G, which has shot to the top of the table as the worst landline provider. According to the latest figures from the regulator, Ofcom, the Mobile Phone Company was the most complained-about mobile provider - with 0.15 complaints per 1,000 - in the last three months of 2014. It saw its complaint figures rise substantially in the last quarter of 2014. The company wanted to pinpoint the specific problems and take corrective action. Researchers were called in, and they spoke to a number of customers, noting the nature of the specific problems they faced. Because the problem had to be attended to very quickly, they developed a theoretical base, collected relevant detailed information from a sample of 100 customers, and analyzed the data. The results promise to be fairly accurate, with at least an 85% chance of success in problem-solving. The researchers will make recommendations to the…The Covid 19 Pandemic has made an enormous health impact and tailoring economic downtime for the whole world since its existence. Companies that have adopted Total Quality Management (TQM) and nurtured the concept should somehow survive during the early pandemic stage. Explain the importance of an environmental assessment to mitigate the issue and describe its features.Review the ISM Report On Business and determine if the service sector is currently expanding or contracting based on the Non-Manufacturing Index (NMI) found at the ISM (Institute of Supply Management) Report on Business website: https://www.ismworld.org/supply-management-news-and-reports/reports/ism-reporton-business/. Select the “Services PMI” and review the latest report and charts. What does this information say about the services sector? What does this information tell you about your organization’s opportunity or lack of opportunity in the services sector? What specifically may positively or negatively impact your organization?
- Give a company example that had disruption in its supply chain and how it could have prevented it ?Supply chain management Question number 1 : Read the following case study and answer the underlined question.The retail giant Walmart is trying to compel its suppliers to “go green” as part of its efforts to build a more environmentally sustainable global supply chain. As it did with promoting EDI and RFIDs in the early stages of those technologies, Walmart is leading the curve with its sustainability efforts. On an occasion, Walmart’s CEO, Lee Scott, told a large gathering in China, “A company that cheats on overtime and on the age of its labor, that dumps its scraps and chemicals into our rivers, that does not pay its taxes or honor its contracts—will ultimately cheat on the quality of its products. And cheating on the quality of products is the same as cheating on customers. We will not tolerate that at Walmart.” As part of this initiative, Walmart will survey its 100,000 global suppliers and ultimately create a “sustainability product index,” which will allow the company to…Undertake a PESTEL analysis of the Kenya Power and Lightning (KPLC) firm and highlight the implications of the developments in each PESTEL factor to the firm. Summarize the implications in form of opportunities and/or threats. The analysis should be based on factual information
- Identify the ten supply chain risks. Next, select two that you think are of greater risk than some of the others, as of today (MAY 2022) and why.In the first three months of 2017, five department stores—Macy’s, Kohl’s, Dillard’s, J.C. Penney and Nordstrom—collectively lost $4.6 billion in market value, per analysis from Bloomberg and Financial Times. Nordstrom was downgraded by J.P. Morgan after executives at the retailer said bricks-and-mortar sales hadn’t been so bad since 1972. Now in 2020-1: There is Covid. So, if you were a retail business leader, what are the implications? As a business leader in retail, what would you do next?Determine a recent threat to a company's activities and supply chain. What should the company have done in advance to mitigate the effects of this form of disruption?