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33 Cards in this Set

  • Front
  • Back
identification, acquisition and management of inputs and supplier relationships
purchasing/ procurement
amount paid to the supplier
purchase price
cost of bringing it to a customers location
acquisition cost
costs of warranty, training, downtime, and maintenance
usage costs
costs of disposal, clean-up, obsolescence
End of Life Costs
Inputs from w/in the firm
Insourcing
Inputs from outside the firm
Outsourcing
choosing b/t insourcing or outsourcing
Make or Buy Decision
act of moving a firms internal activities and decision responsibility to outside providers
Outsourcing
number of suppliers to use
Supply Base Optimization
identification, acquisition and management of inputs and supplier relationships
purchasing/ procurement
amount paid to the supplier
purchase price
cost of bringing it to a customers location
acquisition cost
costs of warranty, training, downtime, and maintenance
usage costs
costs of disposal, clean-up, obsolescence
End of Life Costs
structured, secure mode of transmitting data
EDI
tracks and reports supplier performance in key areas
Supplier Scorecard
Assessment of suppliers ability to meet buyers needs
Supplier Certification
Technology enabled data gathering about suppliers to manage strategic relationships
Supplier Relationship Management (SRM)
Inputs from w/in the firm
Insourcing
Inputs from outside of the firm
Outsourcing
choosing b/t insourcing or outsourcing
make or buy decision
act of moving a firms internal activities and decision responsibility to outside providers
Outsourcing
number of suppliers to use
Supplier Base Optimization
Problems w using too few suppliers
Increases shortage risks
Increases price risks
Limited innovation
Problems with using too many suppleirs
Increases complexity
Makes supply management difficult
Proximity impacts __________, ____________, and _____________
Ease of comm
Transportation costs
Community perceptions
In this form of bidding, price is most important, specs. are clear, high value, and several equally qualified sources
Competitive bidding
describes what customer wants; supplier responds with cost and other data for consideration
Request for Proposal (RFP) or Quote (RFQ)
establishes performance categories that are weighted by performance
Weighted Point Model
In this auction, suppliers bid in real time for buyers business
Online reverse auction
Description of Online Reverse Auction
Suppliers can make multiple bids
Usually price focused
bargaining process of planning, reviewing, analyzing and compromising to reach an agreement
Negotiation