Contrast push vs pull system - When demand is low push system is advise. where a

Question

Contrast push vs pull system -

When demand is low push system is advise. where as when high demand then pull strategy.

When demand is low but its estimation near by future is likely to be high in that case push strategy that is deployed to obtain opportunity benefit. If raw material cost in near by future is expected to grow, then this system get protected become shock proof.

where as demand is high but its estimation near by future is likely to be less in that case pull strategy get deployed to reals money. If its observe that in near by future cost of raw material get decrease in that case there should be minimum inventory.

Purchasing decision - Economic ordering quantity theory gives us schedule for regular purchase. But dur to availability of resources there is fluctuation in its prise. this fluctuation in prise is due to either seasonal or due to market forces. If particular commodity available more than its demand then its rate decreases accordingly whereas shortfall result in increase in price. Thus there is continue alteration in purchasing decision as well according to situation. When its expected that there will be increase in raw material in near future then according to storage life of particular commodity inventory decision change. This storage cost must be effective should not result in undue bordon to increase cost of finish good.

List in choosing supplier- vender qualification, as organization wants to develop long term relation with vender for smooth flow of material it require proper selection of vender & proper location for inventory sock. Chain of supplier establish according to resource location and production unit and also according to production unit to consumer location. The chain of inventory storage from production unit to supplier of raw material is term as backward linkages, where as inventory in establish from production unit to consumer is term as forward linkage.

Thus selection of vender is subjected to geography and according to resources. And vender shout be capable to maintain all provisions mansion as per quality control.

Explanation / Answer

Identify the Capabilities required to "deliver products" in a Business Organization.

Contrast Push vs Pull system.

Explain the three Strategic Alliances to achieve.

Discuss the elements and activities to consider when making purchasing decisions (Supply Chain Procurement).

List considerations in Choosing Suppliers.

Explain the relationship between buyer and seller : Collaboration, confrontation, partnership.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.