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C - Task 3.1

This document contains the questions and responses for an assessment on supply chain management. It includes questions about confirming supply requirements with a supplier, assessing suppliers' ability to meet price, quality and delivery expectations, and techniques for negotiating costs with suppliers. Sample responses are provided for each question that demonstrate understanding of supply chain management best practices.

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Mukta Akther
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95 views

C - Task 3.1

This document contains the questions and responses for an assessment on supply chain management. It includes questions about confirming supply requirements with a supplier, assessing suppliers' ability to meet price, quality and delivery expectations, and techniques for negotiating costs with suppliers. Sample responses are provided for each question that demonstrate understanding of supply chain management best practices.

Uploaded by

Mukta Akther
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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C - Task 3.1

Question 1
Complete
Mark 1.00 out of 1.00

Question text

What are three questions you want to ask your supplier when confirming supply
requirements?

The three questions I want to ask your supplier when confirming supply
requirements are:

1. What happens if materials don't arrive?


2. When do I take ownership of the product?
3. What are my payment terms and are they negotiable?
///////////////
 Does the supplier have the goods you need in stock?
 Can the goods be supplied withput exceeding budget?
 Are there any varances? 
////////////////\

1. does the supplier have the goods you need in stock?


2. Can the goods be supplied at the expected price?
3.  Does the quality and description of their end product match your product
specification? 

Comments

Comment:

Question 2
Complete
Mark 1.00 out of 1.00

Question text
How do you assess each supplier’s capacity to meet your price, quality and delivery
expectations? Give an example of checks completed, questions asked or research
completed for each criteria.

Price- By checking their catalogs.


 
 
Quality- Through people who have used their products.
 
 
Delivery- By conducting a survey to know that they'd ever at a time or not.
////////////////
Price-

 By checking their catalogs.

 
Quality- 

 By researching them on the internet. 

 
Delivery-

 By conducting a survey to know that they'd ever at a time or not.

///////////////
Price-

 Research on previous similar purchases.


 Comparison to cost of previous purchases from same supplier.
 Comparison to budget.

Quality-

  Evaluation of sample products.


 Comparison to purchase specification.

 Evaluation of sample products.

Delivery-

 Previous experience with the supplier.

 Check details of any existing supply contracts.

 Research conducted with similar supplier.

Comments

Comment:

Question 3
Complete
Mark 1.00 out of 1.00

Question text

You have received three quotes from companies for the promotional tote bags. You are
very interested in quote 3 but the final quote is over your budget. What techniques can
you use to negotiate the cost with the supplier?
 

Price Cost
Minimum Deliver
per unit per 500 Comments
quantity y
$ units $

Quote 1,000 1.95 1,950 2 weeks Min. order 1,000, one


1 (per colour logo, coloured,
1000) laminated paper bag

Quote 500 2.27 1,135 3 weeks One colour name, 18


2 characters, light canvas
bag

Quote 100 3.25 1,625 + 3 weeks Two colour image/logo


3 75 setup and name, bamboo fabric
cost bag

To negotiate the cost with the supplier, I will try to find alternatives to strengthen
my negotiating position. I will be patient and try to convince him to give me
stocks at my price. I will also put a fair offer to the supplier.
////////////////

1. make sure what you want to gain before entering negotiations.


2. use communication skills. 
3. clarifies details to avoid confusion and misunderstandings. 
4. be prepared to compromise.
5. Allow the supplier to present their counter offer. 

Comments

Comment:

Question 4
Complete
Mark 1.00 out of 1.00

Question text

As a result of your negotiations the supplier has reduced the price to $1,500. If ordered
today, the bags should be delivered on Thursday, two days before the event. This
leaves little time for production issues or delays in delivery. You prefer quote 3 as it
meets the business’s sustainability goals but quote 1 is cheaper and has a faster
delivery time.
Based on the organisational chart provided in the Course file, Assessment
C _Documentation in Task 1, who would you discuss this issue with?
 

I should discuss this issue with the office manager.


/////////////////

 I should discuss this issue with the higher-level staff or business manager. 

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