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CLASS -- this week, we'll be looking at the specific area of quality management, pricing strategy, and cost management. Most of these concepts were covered

CLASS -- this week, we'll be looking at the specific area of quality management, pricing strategy, and cost management. Most of these concepts were covered in GSCM520 so they should feel very familiar.

BTW, these are all areas that can be included in your Product Buying Analysis. Make sure and read the question below before you formulate your response. That being said..., who's going to lead us off this week with our discussion? A). REAL WORLD POST. Restate the specific product you will be using for your Course Project: Product Buying Analysis? How can the Week 5 Live Engageli Session specifically help you? Be specific with your response as it relates to your product of choice and the Course Project: Product Buying Analysis.

B). How might you establish a supplier certification program? What are the market niches for quality, and how do the various ways of defining quality with supply align to these various niches? Also, what are all the different costs of quality?

C). After watching the CNBC Marketplace video below: Best before dates: How supermarkets tamper with your food, I'm sure you have lots of thoughts and opinions about supermarkets. However, let's take a strategic approach and conduct an assessment.

(i). How do you think the supermarkets in the video approach to quality impacts purchasing and sourcing strategy? (ii). If you were in charge of setting policy and safety standards for supermarkets, which approach from Chapter 7 (six-sigma, statistical process control, or Taguchi method) do you think supermarkets should adopt? Why did you select that approach and what specific evidence from the video supports your response?

D). REAL WORLD POST. If you were teaching this course, what is a specific discussion question you would ask your students to answer in the discussion about establishing a supplier certification program that is different than the question I already asked?

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