https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y GROUP 4 - MGT - MKT1822 en-us 2023-06-23 08:27:42 UTC 2025-10-10 14:29:48 UTC hello@padlet.com https://padlet.net/icons/png/1f92a.png hieunmhs186405 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630896747


]]> 2023-06-23 08:46:20 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630896747 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630916827 Purchasing management, also called procurement, involves acquiring materials and resources for creating products and services.]]> 2023-06-23 09:22:14 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630916827 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630917243 Purchasing is a crucial aspect of effective supply chain management.]]> 2023-06-23 09:23:05 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630917243 hieunmhs186405 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630922475 2023-06-23 09:33:04 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630922475 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630924074 2023-06-23 09:36:36 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630924074 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630928094 use as a control tool for distribution with other functions]]> 2023-06-23 09:44:55 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630928094 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630928315 2023-06-23 09:45:20 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630928315 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630928602 Different control systems should focus on the most important factors to achieve the main objectives]]> 2023-06-23 09:45:52 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630928602 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630939530 The purchasing manager of a retailer is responsible for buying the merchandise the store will sell, while the purchasing manager of a manufacturer buys raw materials, parts, and machines.]]> 2023-06-23 10:09:32 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630939530 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630940245 Large companies like GE, IBM, and Siemens have significant purchasing departments.]]> 2023-06-23 10:11:25 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630940245 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630940890 The purchasing manager must balance various constraints, such as capital utilization, storage costs, avoiding shortages, and negotiating favorable terms with suppliers.]]> 2023-06-23 10:12:59 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630940890 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941053 Companies have changed their purchasing approaches to lower costs and improve quality and productivity.]]> 2023-06-23 10:13:25 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941053 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941324 Many companies have reduced their supplier count and established special production-delivery arrangements.]]> 2023-06-23 10:14:06 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941324 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941644 The business owner delivers finished goods to the plant three times a day, and Honda purchases all the goods produced.]]> 2023-06-23 10:14:47 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941644 giangpthhs170658 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941791 This arrangement benefits both parties by providing a stable sales base for the business owner and a local and reliable supplier for Honda.

]]> 2023-06-23 10:15:09 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941791 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941818 Inventory control, also called materials control, 
is essential for effective operations management]]> 2023-06-23 10:15:14 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630941818 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630942308 The four basic kinds of inventories are raw materials, work-in-process, finished-goods, and in-transit inventories]]> 2023-06-23 10:16:30 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630942308 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630947661 The just-in-time (JIT) method]]> 2023-06-23 10:28:24 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630947661 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630948619 The JIT system reduces the organization’s investment in storage space for raw materials and in the materials themselves]]> 2023-06-23 10:30:38 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630948619 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630949757 JIT method requires a high degree of coordination and cooperation between the company and its suppliers]]> 2023-06-23 10:33:33 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630949757 https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630950845 Managers using JIT access material and parts orders more often and in less quantities, thereby reducing investment in both storage space and physical inventory.]]> 2023-06-23 10:36:00 UTC https://padlet.com/hieunmhs186405/hb9t5j0vj7m6ky5y/wish/2630950845