Author Question: Assume you work in the procurement department of a small aerospace parts manufacturer. Your company ... (Read 127 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
Assume you work in the procurement department of a small aerospace parts manufacturer. Your company builds switches used to control heating and ventilation systems in large buildings. The parts your company buys must meet precise specifications and the parts are not generally interchangeable; that is, your companys engineers must work with your suppliers to design specific parts for particular systems. Your director of purchasing is interested in using online reverse auctions to buy these parts. In approximately 200 words, outline arguments for and against using online reverse auctions in this situation and conclude with a specific recommendation

Question 2

Midland University, like most metropolitan universities, faces a chronic shortage of parking spaces on campus. Each stakeholder group in the typical university community (these groups include students, faculty, administrators, staff, and visitors) believes its members should have the top priority for parking spaces. You have been assigned to a university task force to study the problem. You decide that an annual online auction of parking spaces conducted on the universitys intranet could provide a solution. In about 300 words, describe the elements of an annual online auction for parking spaces at Midland University. Be sure to include provisions for disabled persons and for those university employees who do not have regular access to computers in their typical work environment (such as janitors, physical plant maintenance workers, or gardeners).



ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

Advantages:



  • Cost savings

  • Widens circle of trading partners

  • Streamlines buying process


Disadvantages



  • Reverse auctions should be used in situations where relationships are not important

  • Suppliers will not be able to meet the same level of cost savings over time


Training issues



Answer to Question 2

You could consider a variation of the English auction where each stakeholder group submits a bid. The group with the winning bid would then be assigned the highest priority and would then be able to choose its block of parking spaces.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

For a complete list of videos, visit our video library