BUS 230 Week 2 Discussion 1 , 2 and Quiz

BUS 230 Week 2 Discussion 1 , 2 and Quiz

WEEK 2

Course outcome in focus:

·         Recognize the alignment of purchasing and supply management with an organization’s goals and strategies. 



Activities:

Readings:

·         Read Chapter 2: Supply Strategy

·         Read Chapter 3: Supply Organization

 

Supporting Topics:

Lecture 1 Topics:

·        Levels of strategic planning

·        Major challenges in setting supply objectives and strategies

·        Strategic planning in supply management Risk management

·        Strategic components
Lecture 2 Topics:

·        Objectives of supply management,

·        Organizational structures for supply management

·        Organizing the supply group

·        Supply activities and responsibilities,

·        Supply teams
 

Lectures/Discussions:

Lecture on levels of strategic planning, major challenges in setting supply objectives and strategies, strategic planning in supply management, risk management, strategic components.
 

Discussion 1: Supply Strategic Planning. Students will respond to the following:
 

o   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.

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

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

 

Lecture onobjectives of supply management, organizational structures for supply management, organizing the supply group, supply activities and responsibilities, supply teams.
 

Discussion 2: Supply Organization. Students will respond to the following:
 

o   Evaluate the authors statement of “It is generally believed that high-performing, cross-functional teams will get better results on the task, …”?

o   Describe your reasons of whether you agree or do not agree with the statement.

o   Discuss how you would manage a high-performing, cross-functional team.

o   If outside suppliers are part of the team, what other steps might you take to protect your company’s intellectual property in addition to a confidentiality agreement?

 

·                                                                                   Week 2 Quiz

Students are to take the Week 2 quiz that covers the materials in Chapter 1.  The quiz is located in the course shell under the Week 2 tab. This is an open book, timed quiz that can only be taken once with a time limit of one hour.  The quiz consists of ten multiple-choice questions with each question worth 6 points for a total of 60 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 2 class meeting.
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