SCM 371 Final: Final Exam Module 3 Part II Study Guide
Document Summary
Is it a passive or active device: radio frequency identification, this is a passive device, example with the cat with a rfid tag and is lost, cannot track the cat, does not have a signal. Everything else being equal, most buyers prefer to buy from local sources. In general, the larger the requirement, the larger the supplier should be. Smaller suppliers tend to be local for smaller requirements where flexibility, speed of response, and availability tend to be more important than price. Smaller suppliers tend to fill niches: more loyalty, more flexibility, owner"s health and attitude affect the risk of doing business. Larger suppliers tend to be more appropriate for high-volume requirements where technology, quality, and total cost of ownership may be critical: greater stability. Quantitative techniques: analytic hierarchy process (ahp) defined in next question. Opinions of a small group of high level managers.
