Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 2 During the outbreak of the COVID-19 pandemic, TrU's key suppliers were unable to deliver the sub-assemblies committed. This disrupted TrU's production plans and

image text in transcribed

Question 2 During the outbreak of the COVID-19 pandemic, TrU's key suppliers were unable to deliver the sub-assemblies committed. This disrupted TrU's production plans and shipment to its customers. Joe led his Purchasing team to audit the facilities of these key suppliers. This is the first time Purchasing audited the suppliers as it was usually done by the Quality team. During the audits (and to their surprise), they found out that even though their key suppliers were locally based, they had in turn outsourced components to other suppliers in the region. (a) Formulate three (3) effective strategies that can help Joe manage his suppliers. Give reasons to support your answer. (12 marks) (b) From the recent audit discovery of their key suppliers outsourcing overseas to suppliers in the region, Joe intends to set up a quantitative survey for supplier evaluation and selection. Discuss the main steps that should be included in this survey. Since this is TrU's first worldwide sourcing attempt, what evaluation categories should be included in this survey? (13 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Electronic Data Processing Controls And Auditing

Authors: W.Thomas Porter

1st Edition

0534009336, 978-0534009335

More Books

Students also viewed these Accounting questions

Question

Prepare for a successful job interview.

Answered: 1 week ago

Question

Describe barriers to effective listening.

Answered: 1 week ago

Question

List the guidelines for effective listening.

Answered: 1 week ago