Distinguish part 1 and to from each other.
Unit 3 – Managing Suppliers
Deliverable Length: 200-300 words
Module 2: Managing Suppliers
write 200-300 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
There are many reasons why a company should pay attention to their reputation as it relates to their future vendor relations and product supply costs and availability. Complete the following:
Discuss why it is important for organizations to manage their reputation by answering the following questions:
What impact could a poor quality product have on a company?
How does reputation help a company to be more competitive?
How do you think a company can improve their vendor and customer relations?
Summarize 3 examples of what goes into the reputation of a company.
Be sure to include your required references, and format your submission in APA format.
Deliverable Length: 200-300 words
Module 3: Forecasting and Contracts
Write 200-300 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear and use examples to reinforce your ideas.
Through improved financial strategies and data management, the supply chain of a company can improve their customer experience, business efficiencies and overall financial performance. By collecting data, improving customer intimacy, establishing financial strategies, and through the use of analytics, organizations can embark on new opportunities and stronger financial futures. Complete the following:
Discuss why it is important for an organization’s supply chain to include the management of their data and financial strategies by answering the following questions:
What types of supply chain tools help a company collect data? Please describe two types of tools.
How does supply chain management help a company to improve efficiency and effectiveness?
How does contract bidding improve a company’s financial outcome?
Why is forecasting demand important?
Be sure to include your required references and format your submission in APA format.
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