Supply Management

You are working for a manufacturer of a specialized guidance system for the latest jet fighter aircraft used by several branches of the military. Your current position is as a senior supply management specialist reporting to the Vice President of Purchasing. She asks for your help in developing a series of questions to be used in interviewing and hiring a new junior buyer, an entry level position. You have agreed that the successful candidate will have 0-2 years of experience and a bachelor’s degree in a related field. Most importantly, the new hire must have an excellent grasp of the current vocabulary and tools used in the professional practice of supply management. Knowing that you have recently completed at least one course in supply management, she now asks that you provide written answers to the questions so that the other interviewers can judge the candidates’ knowledge. The questions are:

Give examples of at least three different job titles within supply management and explain how they contribute to the success of an organization.
Choose one department in a company (such as legal, logistic, operations, quality assurance, etc.), and explain how the company benefits from a facilitated integration of supply management with this internal partner.
Explain the role that supply management plays in achieving sustainability goals in an organization.
Select at least five items that would be considered when determining the total cost of ownership (TCO) for a piece of capital equipment. Classify each item as being either a positive or negative value if asked to complete the calculation.
Name at least three characteristics that you share with professional negotiators. Explain why you believe each is important to your role in supply management.
Select one method of using data to choose a new supplier. Summarize why you believe this is an appropriate, fair, and consistent method of conducting business.
List at least three special considerations when seeking international sources of materials. Compare how each differs from doing business only within the United States.
Explain the application of at least three types of fixed-price contracts. Determine the implications for the supplier and the purchaser for each type.
Your Summative Assessment

Must be 1800-2400 words (excluding title page and references page) in length, double-spaced and formatted according to APA style as outlined in the Ashford Writing Center. Contextual (Level One)headings must be used to organize your paper and your thoughts. Must include a title page with the following:
Title of paper
Student’s name
Course name and number
Instructor’s name
Date submitted
Must address the topic of the paper with critical thought.
Must utilize a minimum of 5 scholarly and/or peer-reviewed sources from the Ashford Library in addition to the textbook. Must document all sources in APA style, as outlined in the Ashford Writing Center.
Must document all sources in APA style, as outlined in the Ashford Writing Center.
Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
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Sample Solution

steam stimulation (CSS) and high-pressure cyclic steam stimulation (HPCSS). (https://en.wikipedia.org/wiki/Steam-assisted_gravity_drainage)

Oil and gas in the Arctic

Among the greatest uncertainties concerning future energy supply is the volume of oil and gas remaining to be found in high northern latitudes. According to the United States Geological Survey (USGS), there are about 30% of the world’s undiscovered gas and 13% of the world’s undiscovered oil may be found in the Arctic Circle. The recent retreat of polar ice makes petroleum exploration and development much easier.

Petroleum is highly associated with sedimentary rocks. The map provided the basis for defining assessment units (AUs), which are mappable volumes of sedimentary rocks that share similar geological properties. The Circum-Arctic Resource Appraisal (CARA) defined 69 AUs, each containing more than 3 km of sedimentary strata, the probable minimum thickness necessary to bury source rocks sufficiently to generate significant oil and gas.

(https://pubs.usgs.gov/fs/2008/3049/fs2008-3049.pdf)

Figure. Map showing the AUs of the CARA is colour-coded for mean estimated undiscovered gas. Only areas north of the Arctic Circle are included in the estimates. Black li

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