Question.2522 - The module review questions cover Chapters 1 and 2 of the Monczka textbook. In a document, provide responses to the following questions: What is your understanding of a value chain and its relationship with the supply chain? Select a big-box retailer and explain/depict its supply chain, value chain, and extended value chain. Explain electronic procurement and just-in-time purchasing. Also, briefly explain how electronic procurement tools can benefit just-in-time purchasing. Discuss the differences and key objectives for the following: involving purchasing after completion of the new product development process involving purchasing throughout the new product development process Submission Save your assignment using a naming convention that includes your first and last name and the activity number (or description). Do not add punctuation or special characters. Upload your document to this assignment. Your paper will automatically be evaluated through Turnitin when you submit your assignment in this activity. Turnitin is a service that checks your work for improper citation or potential plagiarism by comparing it against a database of web pages, student papers, and articles from academic books and publications. Ensure that your work is entirely your own and that you have not plagiarized any material!
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A xxxxx chain xx a xxxxx framework xxxx includes xxx the xxxxxxx a xxxxxxxx takes xx develop xxxxxxxxxxx market xxxxxxxxxx and xxxxxxx customer xxxxxxx for xxx goods xxx services xxxx et xx It xxxxxxx dissecting xxxxx stage xx the xxxxxxxxx to xxx where xxxxx is xxxxxxx and xxxxxxxx are xxxxxxxx On xxx other xxxx the xxxxxxx of xxxxxxxxxxxxxx entities xxxxxxxxx and xxxxxxxxx known xx the xxxxxx chain xx in xxxxxx of xxxxxxxxxxxx goods xx services xxxx suppliers xx customers xx depicts xxx actual xxxxxxxx of xxxxx and xxx associated xxxxxxxxxx processes xx an xxxxxxx of xxxxx concepts xxxxx of xxx big-box xxxxxxxx Walmart xxxxxxxxx offer xxxxxxx products xx Walmart x supply xxxxx which xxx then xxxxxxx to xxxxxxxxxxxx centers xxxxx facilities xxxxxxxx products xx specific xxxxxx and xxxxxxxxxxx manage xxxxxxxxxxx Customers xxxx buy xxxxx things xxxx the xxxxxx which xxxxxxxx the xxxx of xxxxxxx s xxxxxx chain xxxxxxx Walmart x value xxxxx entails xxxxxxxx supplies xxxxxxxxxx if xxxxxxxxxx distribution xxxxxxxxx sales xxx post-purchase xxxxxxx Its xxxxxxxx to xxxxxxxx these xxxxxx influences xxxxxxx s xxxxx proposition xxxxxxxxx in xxxx savings xxx increased xxxxxxxxxxxx Additionally xxxxxxx s xxxxxxxx value xxxxx includes xxxxxxxxxxxx for xxxxxxxxxx products xxxxxxxxxxx sourcing xxxxxxx and xxxxx reduction xxxxxxxxxxx extending xxx value xxxxxxxxx beyond xxx usual xxxxxx Finally xxx supply xxxxx and xxxxx chain xxx closely xxxxxxx with xxx latter xxxxxxxx more xxxxxxxxx logistical xxxxxxxxxx and xxx former xxxxxxxxxxxxx on xxxxxxxxxxxxxx activities xxxxxxx s xxxxx chain xxxxxxxxx processes xxx extends xxxx strategic xxxxxxxxx strengthening xxx competitive xxxx and xxxxxxxx value xxxxxxx s xxxxxx network xxxxxxxxxx product xxxxxxxxxxxx Luzzini xx al xxxxxx methods xxx using xxxxxxx technology xx manage xxxxxxxxxxx procedures xxxxxxx electronic xxxxxxxxxxx also xxxxx as xxxx e-procurement xxxx It xxxxxxx using xxxxxxxxxx platforms xxxx as xxx Internet xxx electronic xxxx interchange xxx to xxxxxxxx and xxxxxxxx the xxxxxxx steps xx procurement xxxx as xxxxxxxx selection xxxxxxxx invoicing xxx payment xxxxxxxxx is xxxxxxx procurement xxxxxxxxxx are xxxx transparent xxx effective xxxxxxxxxxxxx between xxxxxxxxx and xxxxxxxxx is xxxx possible xxx e-procurement xx et xx On xxx other xxxx just-in-time xxx purchasing xxxxxxx inventory xxxxxxx costs xx acquiring xxx receiving xxxxx only xx needed xxx production xx customer xxxxxx This xxxxxx eliminates xxx requirement xxx big xxxxxxxxxxx which xxxxxx storage xxxxxxxx and xxx chance xx obsolescence xxxxxxxxx et xx Just-in-time xxxxxxxxxx can xxxxxxx benefit xxxx electronic xxxxxxxxxxx tools xxxxx they xxxx real-time xxxxxxxxxx into xxxxxx chain xxxxxxxxx By xxxxx these xxxxxxxxxxxx procurement xxxxx can xxxxxxxxxx estimate xxxxxx and xxxxx their xxxxxxxxxx decisions xx actual xxxxxxxxxxx trends xxxx real-time xxxxxxxxx and xxxxxxxx performance xxxxxxxxxx provided xx e- xxxxxxxxxxx buyers xxx reduce xxx risk xx stockouts xxx overstock xxxxxxxxxx by xxxxxxx orders xxx supplies xx the xxxxxxx time xxxxxx Furthermore xxxxxxxxxxxx procurement xxxxxxxxxxx swift xxxxxxxxxxxxx to xxxxxxx delivery xxxxxxxxx and xxxxxxxx requirements xx improving xxxxxxxxxxxxx between xxxxxx and xxxxxxxxx For xxx purchasing xxxx responsiveness xx shifting xxxxxx conditions xx unanticipated xxxxxxxxxxxxx is xxxxxxxx this xxxxxxx is xxxxxxxxx E- xxxxxxxxxxx systems xxxx encourage xxxxxxxxx teamwork xxxxxxx cross-functional xxxxxx including xxxxxxxxx production xxx procurement xxxxxxxx for xxxxxxx activity xxxxxxxxxxxxxxx and xxxxxxxxxxxx in xxxxxxx of xxx concepts xxxx et xx I xxxxxxxxx purchasing xxxxx the xxxxxxxxxx of xxx new xxxxxxx development xxxxxxxxxxxxxxxx purchasing xxxxx the xxx product xxxxxxxxxxx process xx finished xxxxxxx to xxxxxxxxxxxxx procurement xxxxx after xxx product xxxxxx and xxxxxxxxxxx phases xxx completed xx manufacture xxx promote xxx product xxx main xxxxxxxx is xxxxxxxx the xxxxxxxxxxx supplies xxxxx and xxxxxxxx This xxxxxxxx may xxxxxx in xxxxx possibilities xxx cost xxxxxxxxxxxx and xxxxxxxx selection xxxxx could xxxx to xxx loss xx opportunities xx use xxxxxxxxxxx s xxxxxxxxx input xxxxxx the xxxxxxx early xxxxxx of xxxxxxx development xxxxx completion xxx main xxxxx of xxxxxxxxxx are xx manage xxxxxxxxxxxxx costs xxx timely xxxxxx and xxxxxxxx effective xxxxxxxxx Nevertheless xxx potential xxx significant xxxx reductions xxx innovation xxx be xxxxxxxx when xxxxxxxxxxx is xxxxxxxxxx across xxx entire xxxxxxx development xxxxxxx may xx lacking xxxxxx et xx ii xxxxxxxxx purchasing xxxxxxxxxx the xxx product xxxxxxxxxxx processInvolving xxxxxxxxxx early xx the xxx product xxxxxxxxxxx process xxxxxxxx incorporating xxxxxxxxxxx operations xxxx the xxxxxxx concept xxxxx through xxx finished xxxxxxx launch xxxx this xxxxxxxx procurement xxxxxxxxx is xxxxxxxxxxxx included xx every xxxxx of xxxxxx choices xxxxxxxx selection xxx cost xxxxxxxxxxxxxx The xxxx goals xxx to xxxxxxxx the xxxxxxxx of xxxxxxxxx encourage xxxxxxxxxx through xxxxxxxx engagement xxx achieve xxxx savings xxxxxxx early xxxxxxxxxxx and xxxxxx agreements xxxxxx chain xxxxxxxx can xx anticipated xxxx this xxxxxx and xxxxxxxxxxxx for xxxxxxxx or xxxxxxxxx can xx investigated xx purchasing xxxxx on xxxxxxxxxx can xxxxxx match xxxxxxx design xx supply xxxxx capabilities xxx lead xxxxx and xxxxxxxx overall xxxxxxx quality xxxxxxxxxx resulting xx more xxxxxxxxxxx pricing xxx customer xxxxxxxxxxxx Handfield xxx Lawson xxxxxxxxxxxxxxxx D xxxxxx R xxxxxxx V xxx Zerbino x Leveraging xxxxxxxxxxxxxxxxxxx knowledge xxxxxxx a xxxxxxxxxxx DSS x refinement xx purchasing xxxxxxxxx models xxxxxxx of xxxxxxxxx Management xx - xxxxxxxxx R x and xxxxxx B xxxxxxxxxxx suppliers xxxx new xxxxxxx development xxxxxxxxxxxxxxxxxxx Management xx - xxxx L xxxxx E x and xxxxx H x C xxxxxx value xxxxxx A xxxxxx of xxx multi- xxxxxxxxxxxx literature xxxxxxx of xxxxxxxxxxxxx business xxxxxxx pp x Luzzini x Amann x Caniato x Essig x and xxxxxx S xxx path xx innovation xxxxxxxxxx and xxxxxxxx involvement xx new xxxxxxx development xxxxxxxxxx Marketing xxxxxxxxxx pp x Schiele x Early xxxxxxxx integration xxx dual xxxx of xxxxxxxxxx in xxx product xxxxxxxxxxx R xxx d xxxxxxxxxx pp x Taghipour x Hoang x and xxx X xxxx in xxxx lean xxxxxxxxxx approach xx investigation xxx research xxx applications xxxxxxx of xxxxxxxx Management xxxxxxx Yu x T x Yevu x K xxx Nani x Towards xx integration xxxxxxxxx for xxxxxxxxx electronic xxx sustainable xxxxxxxxxxx in xxx construction xxxxxxxx A xxxxxxxxxx literature xxxxxx Journal xx Cleaner xxxxxxxxxx pMore Articles From Management
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