... the life of the equipment
»
Many financial leases are non-cancelable
»
Some argue financial leases distort the financial reports
8- 1
Chapter 8
The Procurement of
Equipment
8- 20
Leased Equipment
•
Factors ... 8- 10
Used Equipment
•
Cautions in Purchasing Used Equipment
»
Difficult to determine the true condition
»
Check the reputation of the supplier...
... of the relationship
•
A living system
4- 18
Alliance Attributes Continued
•
A shared vision of the future
•
Ethics take precedence over expediency
•
Adaptable in the face of change
•
Design of ... Relationships
4-2
E-Commerce and the “Right” Type of
Relationship
•
"How does B2B eCommerce affect our
selection of the 'right' type of
relationship?“
»
S...
... process
»
Professionals that often lead the effort in
manufacturing organizations are often not
available
•
Quality implications, time-to-market, pricing
elasticity, technology inflow and continuity of ...
efficient and effective use of our tax dollars at all
levels of government
•
Many advances in supply management originated
in the federal government
•
Virtually all of th...
...
•
($1,437,500 / $5,000,000) X 100 = 28. 8%
•
or a sales increase of 28. 8% is required to
match the profit increase generated by a
5% reduction in materials cost
1-17
A Definition of Supply Chain Management
•
Supply ... Sales
•
If the same profit increase were to be
generated by increasing sales, what sales
increase would be required?
•
At the existing 8% profit margin, the...
... Adapted
5-14
Analysis of Each Component
•
Can any part be eliminated without impairing the
operation of the complete unit?
•
Can the design of the part be simplified to reduce
its basic cost?
•
Can the design of ... systematic study of every
element of cost in a material, item of equipment,
service or construction project to ensure that
every element of cost fu...
... products
•
Information on the satisfaction of other users
having similar needs
•
Any costs or problems associated with
integration of the item Industry production
practices
•
The distribution and ... Method -of- Manufacture
6-10
Combination of Methods
•
Few products are as complex as space
vehicles; nevertheless, an increasing
number of industrial products require two
or...
... materials.
9- 28
END
Key Concepts
•
Hidden Opportunities
•
The Statement of Work
»
Four Formats for Statements of Work
»
Planning the Statement of Work
»
Writing the Statement of Work
»
Artificial ... suppliers and
frequently can provide the role of
matchmaker
•
Leading firms use the prospect of
incorporating the Internet as a stimulus to
optimize their services...
... performance
»
Support without the need to train or hire
specialized personnel
10-22
The Volatile Nature of the Make-or-Buy Decision
•
Beware of rigid formulas and rules of thumb
•
The make‑or‑buy question ... Control Considerations
»
Procurement and Inventory Considerations
•
Netsourcing
•
The Volatile Nature of the Make-or-Buy Situation
»
Dangers of Outsourcing
•
Adm...
...
How does the skunk smell ?
It smells awful.
How does the gazelle look ?
How does the rabbit fell ?
How do the cookies taste?
EXTENSION
EXTENSION
* Complete the blanks ... the blanks :
1. How do the chips _____________ ?
2. How does the doll _____________ ?
3. How does the trash ____________ ?
4. How does the mirror ____________ ?
5. How does the...