Category Archives: Purchasing

“Supply Chain Finance” – Accounting Term for Short Term Financing of Accounts Payable

One way that a company can make itself look more attractive financially is by not paying suppliers quickly. For example, rather than paying suppliers at the time of delivery of a raw material, the customer might wait and pay 60, … Continue reading

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An update on required ‘Conflict’ Metals reporting…

Companies Detail Use of ‘Conflict’ Metals First Reports Filed to SEC on Potential Use of Minerals From a Region of War-Torn Africa By John Kester and Maxwell Murphy June 2, 2014 7:28 p.m. ET A dozen companies including Google Inc., … Continue reading

Posted in Global Sourcing, Materials, Outsourcing, Purchasing, Supply Chain Strategy | Tagged | Leave a comment

Navy Awards Two Shipbuilding Contracts for New Submarines

Discussion Questions: Read the following article carefully.  What are the details of the contracts that that the Navy struck with General Dynamics and Huntington Ingalls? Would not it have been better if the Navy had only awarded one contract?  What … Continue reading

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Total Cost of Ownership–Mercedes or Ford?

Discussion Questions: Total cost of ownership is an important but often overlooked Operations and Supply Chain Topic.  This article brings the topic down to a personal level.  Study the article and consider how this idea is applied to material purchase … Continue reading

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Apple Targets “Conflict Materials” Suppliers

Discussion Questions The goal of being “conflict-free” relates to compliance with the ethical sourcing of materials used in a company’s products.  Read the following article to learn how this relates to Apple Computer products. Note that in many cases the … Continue reading

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