Answer to Question #235728 in Management for Sukoluhle

Question

Workbook 3307

Question 6   

 Identify and describe the guidelines and principles that enable the operation of a sound supply chain management

Question 9    

what are the conditions to be contained in a purchasing contract?

Question 10  

Describe your organization's policy on BEE procurement   

Answer 1

Question 6

Adapt Supply Chain to Customer’s Needs

Companies and professional supply chains understand the needs of customers. To better understand customers, they are split into various groups called 'segments.' The primary approach to customer segment analysis is based on sales volume or profitability.

Customize Logistics Network

Following customer segmentation based on different demands, logistics networks must be adjusted by supply chain managers to serve various segments. The manager of the supply chain must prioritize deliveries and take appropriate measures to distribute these products as urgently as possible.

 Align Demand Planning Across Supply Chain

Supply chain professionals are trained to share data with trading partners in order to avoid the unnecessary stock. The demand data must be used wisely by the Supply Chain Management managers.

Differentiate Products Close to Customers

Product differentiation is the introduction of unique, distinctive characteristics or features to a product to ensure a unique selling proposition of the product. Product differentiation serves as a catalyst in a consumer's purchase decision-making process.

 Outsources Strategically

Though outsourcing is all the rage, the managers must outsource strategically. The core expertise should not be outsourced ever.

Develop IT that Support Multi-Level Decision Making

The IT projects should not be done in isolation and before IT projects, the business process reengineering should be done. This provides a proper understanding of process insufficiencies and helps to determine the kind of innovation needed.

question 9 

• Supplier obligations
• Supplier liability
• Consequences for agreement noncompliance
• Delivery agreements
• Confidentiality statement
• Payment terms for supplier invoices

Question 10

Broad Black Economic Empowerment (BEE) is a government policy to promote economic change in South Africa and enhance Black people's economic participation. The purpose of BEE is to bridge the gap between formal and substantive equality to ensure that all people in South Africa fully enjoy the right to equality. In order to be granted and to maintain an operating license, certain industries require an entity to have a particular Black share of ownership or BEE level.

These requirements relate to the licensing requirements and are specific to underlying legislation.