Prdoduction & Procurement at FOM Hochschule Für Oekonomie & Management | Flashcards & Summaries

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TESTE DEIN WISSEN

What is the Cost Theory?

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TESTE DEIN WISSEN

Analysis of the functional relationships between the costs of production (input) and the output


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TESTE DEIN WISSEN

What is the reorder level inventory planning?

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TESTE DEIN WISSEN
  • Inventory after the underrunning of which an order is triggered
  • close relationshio with safety stocks
  • reorder level= Consumption per period * delivery time + safety stock


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TESTE DEIN WISSEN

What are primary & secondary data in marketing research ?

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TESTE DEIN WISSEN

Primary= consists of information gathered for the specia research plan ( Data you collect yourself, takes time, expensive, speciffic, controllable, up to date)


Secondary= consits of information that already ecists somewhere (Data already connected, quick, cheap, relevant?, available?, obsolet?)



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TESTE DEIN WISSEN

What are influencing areas of supplier management do you know?


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TESTE DEIN WISSEN
  • Bearers of added value (Own production, ext. prod., outsouring, insourcing)
  • Number of procurement sources (single sourcing, dual, multiple sourcinng)
  • Goods complexity and structure (purchasing of single parts and materials or of complete modules)
  • Geographical procurement area (local, global, euro)
  • Time related provisioning types (stock, demand)
  • Procurement ogranisation (collective or individual sourcing)
  • Location of added value (external sourcing or internal)
Lösung ausblenden
TESTE DEIN WISSEN

What is the definition of procurement?

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TESTE DEIN WISSEN

..includues all measures/methods for the provision of a company with

  • raw, supporting & operating materials
  • supply parts, goods & equipment
  • service provision, personnel, information & capital 

in the right type, Q & Q, the right time & location



Lösung ausblenden
TESTE DEIN WISSEN

What is Procurement Market research for?

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TESTE DEIN WISSEN
  • enables procurement to understand how/who the...
    • supply market works
    • the direction in whicht the market is going
    • the competitiveness are
    • the key suppliers within the market are
  • Results of analysis can help the buyer to...
    • improve & shape strategy
    • agling their behavior in order to achieve better value for money, reduce prices or an improved service
Lösung ausblenden
TESTE DEIN WISSEN

What is the Just-In-Time Logistic Goal and requirements?

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TESTE DEIN WISSEN
  • Target: Avoidance of waste
  • Requirements: 
    • Prodcution program (continuous requirements)
    • Layout/areas (sufficient available provision areas)
    • Process: short setup times, high availability of operating equipment
    • Qualifaication: Process related quality assurance
    • Supplier: selecte, reliable supplier


Lösung ausblenden
TESTE DEIN WISSEN

What is modular sourcing?

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TESTE DEIN WISSEN

​..Procurement of ready to install modules from a few module suppliers

Advantages: 

  • concentration on core competences
  • number of suppliers reduces
  • process optimisation

Disadvantages:

  • Mutual dependeny
  • loss of know how
  • more complexitiy purchasing activities from a business and technical view
  • conflicts between standardisation and individual customer wishes
  • increasing dependency on suppliers




Lösung ausblenden
TESTE DEIN WISSEN

What is the definiton of supplier management?

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TESTE DEIN WISSEN

​..is the sum of all activities influencing the suppliers in terms of the corporate goals


Das Lieferantenmanagement bezeichnet die Summe aller Maßnahmen zur Beeinflussung
auf die Lieferanten im Hinblick auf die Unternehmensziele



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TESTE DEIN WISSEN

What are the differences between local and global sourcing?

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TESTE DEIN WISSEN

Local

Advantages:

  • risk reduction of transport failures
  • low transportion costs
  • logistic concepts (such as just in time) are possible
  • low risk of communication difficulties
  • positive image
  • possible ecologically advantageous

disadvantages:

  • Higher prices
  • often limited resources
  • disruption through the interests of the local population and politics


Global

Advantages: 

  • avoidance of dependencies
  • ressources that are not local purchasable
  • creation of new markets
  • Cost and performance pressure on national suppliers

Disadvantages:

  • High information requirement
  • high coordination and logistic effort
  • risks through politically instability
  • cultural  communication problems
  • long delivery times
  • loss of know how


Lösung ausblenden
TESTE DEIN WISSEN

What targets are corporate targets, but also procurement targets?

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TESTE DEIN WISSEN
  • Quality
  • Cost
  • Liquidity
  • security
Lösung ausblenden
TESTE DEIN WISSEN

What is the goal of Procurement Market Research?

Lösung anzeigen
TESTE DEIN WISSEN

OPTIMUM PROCUREMENT throough...

  • market transparency (Through increased market transparency, the right procurementdecisions can be made and the procurement structure optimised! )
  • information provision
  • exploration of new possibilities
  • development of new procurement sources
  • determination of changed goods



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Q:

What is the Cost Theory?

A:

Analysis of the functional relationships between the costs of production (input) and the output


Q:

What is the reorder level inventory planning?

A:
  • Inventory after the underrunning of which an order is triggered
  • close relationshio with safety stocks
  • reorder level= Consumption per period * delivery time + safety stock


Q:

What are primary & secondary data in marketing research ?

A:

Primary= consists of information gathered for the specia research plan ( Data you collect yourself, takes time, expensive, speciffic, controllable, up to date)


Secondary= consits of information that already ecists somewhere (Data already connected, quick, cheap, relevant?, available?, obsolet?)



Q:

What are influencing areas of supplier management do you know?


A:
  • Bearers of added value (Own production, ext. prod., outsouring, insourcing)
  • Number of procurement sources (single sourcing, dual, multiple sourcinng)
  • Goods complexity and structure (purchasing of single parts and materials or of complete modules)
  • Geographical procurement area (local, global, euro)
  • Time related provisioning types (stock, demand)
  • Procurement ogranisation (collective or individual sourcing)
  • Location of added value (external sourcing or internal)
Q:

What is the definition of procurement?

A:

..includues all measures/methods for the provision of a company with

  • raw, supporting & operating materials
  • supply parts, goods & equipment
  • service provision, personnel, information & capital 

in the right type, Q & Q, the right time & location



Mehr Karteikarten anzeigen
Q:

What is Procurement Market research for?

A:
  • enables procurement to understand how/who the...
    • supply market works
    • the direction in whicht the market is going
    • the competitiveness are
    • the key suppliers within the market are
  • Results of analysis can help the buyer to...
    • improve & shape strategy
    • agling their behavior in order to achieve better value for money, reduce prices or an improved service
Q:

What is the Just-In-Time Logistic Goal and requirements?

A:
  • Target: Avoidance of waste
  • Requirements: 
    • Prodcution program (continuous requirements)
    • Layout/areas (sufficient available provision areas)
    • Process: short setup times, high availability of operating equipment
    • Qualifaication: Process related quality assurance
    • Supplier: selecte, reliable supplier


Q:

What is modular sourcing?

A:

​..Procurement of ready to install modules from a few module suppliers

Advantages: 

  • concentration on core competences
  • number of suppliers reduces
  • process optimisation

Disadvantages:

  • Mutual dependeny
  • loss of know how
  • more complexitiy purchasing activities from a business and technical view
  • conflicts between standardisation and individual customer wishes
  • increasing dependency on suppliers




Q:

What is the definiton of supplier management?

A:

​..is the sum of all activities influencing the suppliers in terms of the corporate goals


Das Lieferantenmanagement bezeichnet die Summe aller Maßnahmen zur Beeinflussung
auf die Lieferanten im Hinblick auf die Unternehmensziele



Q:

What are the differences between local and global sourcing?

A:

Local

Advantages:

  • risk reduction of transport failures
  • low transportion costs
  • logistic concepts (such as just in time) are possible
  • low risk of communication difficulties
  • positive image
  • possible ecologically advantageous

disadvantages:

  • Higher prices
  • often limited resources
  • disruption through the interests of the local population and politics


Global

Advantages: 

  • avoidance of dependencies
  • ressources that are not local purchasable
  • creation of new markets
  • Cost and performance pressure on national suppliers

Disadvantages:

  • High information requirement
  • high coordination and logistic effort
  • risks through politically instability
  • cultural  communication problems
  • long delivery times
  • loss of know how


Q:

What targets are corporate targets, but also procurement targets?

A:
  • Quality
  • Cost
  • Liquidity
  • security
Q:

What is the goal of Procurement Market Research?

A:

OPTIMUM PROCUREMENT throough...

  • market transparency (Through increased market transparency, the right procurementdecisions can be made and the procurement structure optimised! )
  • information provision
  • exploration of new possibilities
  • development of new procurement sources
  • determination of changed goods



Prdoduction & Procurement

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procurement

FOM Hochschule für Oekonomie & Management

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Hochschule Hof

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Hochschule Biberach

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