Purchasing & materials management | Management homework help

Provide a minimum of a 5-7 sentence paragraph to discuss each part of the discussion question.  If  the question has three different parts to it, your responses should  consists of at least three paragraphs.  It is recommended that you  provide a general overview of the topic, provide an answer to the  discussion questions and follow it up with the explanation and rationale  of how/why you came to that answer.  Multiple questions should be  answered individually and in detail.  Break up different areas of the  discussion using proper paragraph format.

  1.) Describe and explain three (3) types of data and      documentations needed for creating a supply strategy plan or for updating      an existing supply strategic plan.

-Explain why these data and documentations are      particularly important and crucial.

-Explain how risks could be reduced and/or managed by      integrating these data and documentation collected for your organization      or based on your experiences.

2.)  New  technology is always being introduced. Create a list of two (2) of the  most important criteria that would help an organization determine when  to upgrade or make a technological investment.

-You  have been tasked to secure the latest technology for the sales force  coming onboard in the next six months. Compare and contrast two (2)  different approaches to securing the latest technology at the very  lowest price.

3.) Imagine that the hamburger giant McDonald’s desires to reduce the cost of  hamburger or potato supplies. Explain pros and cons of each  consideration: make or buy, subcontracting and outsourcing.

-Reason how each consideration would alter the overall structure of the organization.

-State  one (1) recommendation based on the above pros and cons of each  consideration, and discuss the overall impact of your recommendation to  the structure of the organization.