1. Price Technologies, a California-based high-tech manufacturer, is considering outsourcing some of its electronics production. Three firms have responded to its request for bids, and CEO Willard Price has started to perform an analysis on the scores his SCM team has entered in the table below.
|
Criterion
|
Weight
|
Supplier 1 (rating)
|
Supplier 2 (rating)
|
Supplier 3 (Rating)
|
|
Labor
|
0.2
|
90
|
90
|
100
|
|
Logistics system
|
0.3
|
70
|
90
|
60
|
|
Price
|
0.4
|
80
|
70
|
50
|
|
Management
|
0.1
|
100
|
90
|
70
|
The outsourcing provider scores are on a scale of 0 through 100, with 100being the most satisfactory.
Which supplier should Mr. Price choose? Please provide the overall ratings of each supplier for full credit. For each overall rating, please provide at least one step of calculation.
2. What are the similarities and differences in capabilities of SRM software offered byi2, Oracle, and SAP?Please research the company websites to get the latest information.
3. Please give an example of a company practicing Ethical Sourcing in reality and list at least 3 benefits of Ethical Sourcing. (9 points)
4. Describe the differences between vendor managed inventories and co-managedinventories, and when it might be advisable to do either of them. For full credit, please have a discussion of at least 100 words.