Course outcome in focus: · Discuss the roles of quality, quantity, inventory, and delivery in purchasing and supply management. · Recognize the alignment of purchasing and supply management with an organization’s goals and strategies. Activities: Readings: · Read Chapter 7: Quality · Read Chapter 8: Quantity and Inventory · Case Study: The Power Line Poles (7-1) Supporting Topics:
Lectures/Discussions: · Lecture on the role of quality in supply management, define quality, the cost of quality, quality management tools and techniques, quality standards and awards program. · Discussion 1:Case 7-1 The Power Line Poles. Students will respond to the following: o Discuss the bidding procedure. o Discuss and explain whether you agree or disagree with the final decision in this case. o Determine to what degree you would insist on the utmost high quality, knowing that this pursuit impacts costs significantly. State your rationale.. · Lecture on quantity and timing issues, forecasting, determining order quantities and inventory levels, and planning requirements and resources. · Discussion 2: Quantity. Students will respond to the following: o Being a small-business owner such as a custom framing store, a restaurant, a garage, or a specific small local business of your choice, apply the basic supply management principles to the acquisition of services. o Discuss the trade-offs of quantity, quality, and cost in a small business such as a custom framing store, a restaurant, a garage, or a specific small local business of your pick. o Planning systems such as MRP and CRP might be overkills for a small-business owner. Devise a simplified version of an MRP and/or CRP such as a supply planning chart or a supply planning template for a small local business. A local small business could be a custom framing store, a restaurant, a garage, or a specific small local business of your pick. · Week 5 Quiz Students are to take the Week 5 quiz that covers the materials in Chapters 5 and 6. The quiz is located in the course shell under the Week 5tab. This is an open book, timed quiz that can only be taken once with a time limit of two hours. The quiz consists of twenty multiple-choice questions with each question worth 6 points of a total of 120 points for this quiz. Online students are to complete the quiz by Monday 9:00 a.m. On-ground students are to complete this quiz before the Week 5 class meeting. |
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