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Hello I attached a file with 4- Discussion boards I want one REPLAY for each discussion board


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Hello I posted 4 discussion board I want one replay for each discussion board with references and intext and paragraphical citations Discussion board question After watching the video, Outsourcing and Procurement, create your own thread discussing at least three concepts presented in or that you learned from the video. Discussion board-1 Hello, After watching the video on outsourcing and procurement I have learned the following concepts which are represented which include the customer importance, supplier capability and the clock speed of the component or product. 1. Customer Importance One of the major goals and objectives in a business industry is to ensure that customer satisfactory is met. The goods and services that are supplied to customers must meet the needs of the customer in order to retain the customers and also acquire new ones. Therefore before a business decides on what to outsource or procure they will have to consider how important a component is to the target customers or the customers they already have. It is the importance of the component that will give the business a go ahead on either to source and procure or to forgo another. The impact of the component being outsourced will depend on its impact to a customer such that it does not work to push the customers away. The business will go for the components that draw their customers closer. As well the choice of the customer works to control the business industry on what they can go for and what to let go. 2. Supplier capability Any business will want to know the capability of a supplier to supply the products they need from them before they issue any purchase order to them. As well before the business enterprise decides on a product they will have to consider how many supplies in the market are capable of supply that particular product. In that case, if the suppliers are available it will depend on the supplier’s price on the product and the supply timeframe for the business to choose whom to procure from. 3. Clock speed of the Product How long a component takes in the market before its technology change is much important to a business to consider during their outsourcing. The business compares the components technology change and then decides on what product to procure. As well the business can consider this factor in order to determine the quantity of the product to procure (Liu, & Song, 2014). References https://www.youtube.com/watch?v=eVq0HX_fiaA&feature=youtu.be Liu, L. & Song, H. (2014, June). Service Outsourcing and Procurement in Service Supply Chain:Perspective of Service Buyers. In WHICEB (p. 9). Thanks®ards DISCUSSION BOARD-2 Hello Everyone, Factors to consider when outsourcing The process of outsourcing should be made after a systematic consideration, this is because of different factors an organization should consider before outsourcing. The first one is commodity importance to customers. The management should determine if the product will have any effect on the customers’ experience. A good outsourcing agency should be in a position to bring change and the necessary experience to the customers unlike before. It should bring better service delivery capacity to the organization. If the outsourcing process is to affect the customer, it should affect them in a positive aspect. The company should also look for capable suppliers who have the capacity to provide the business with the necessary platform. This will set the necessary architecture which will provide better services to the customers thus maintaining the competitive advantage of the business (Oshri, Kotlarsky, & Willcocks, 2015). Outsourcing works better for functional products because the market tends to be more predictable. In Kraljic’s Supply Matrix, the organizational supply chain on the profit impact and the supply risk involved. The volume purchased should be in range with the expected profits to be made. The cost of manufacturing should also match the products quality for the growth of the business. For the supply of products, different factors should be considered including the suppliers in the market, availability of the products, competitors, and the substitutions opportunities in the market. With the product impact being low and supply risk is low, the management should not spend a lot of funds in procurement. If the profit impact is low and the supply risk is high, the management should find a way of ensuring there is consistency in the market (Liew, 2014). When the company has items and products were the supply risk and impact on the profit are high, the management should focus one long-term partnership with the suppliers. This helps in bringing an enhanced experience to customers. From the Kraljic’s supply matrix the top right quadrant the price is usually the large portion of the system cost. It is caused by a single supplier and the perfect thing for the organization to do is to focus on the long-term partnership with the suppliers thus maximizing the effect on the profit. For the bottom right quadrant, the items usually have a high impact on the profits. This is caused by many suppliers who lower the supply risk for the business. With small savings on the profits, it usually has a lot of impact on the bottom line in the business. The best thing for the business is to focus on reducing the cost so that it can enhance the competition between the suppliers. This supply matrix focuses on the supply side of the organization. It provides a better platform for a business to follow in enhancing its supply capacity in the market (Liew, 2014). References Liew, J. G. L. (2014). Classify me!: A Kraljic Portfolio Matrix Exercise (Bachelor's thesis, University of Twente). Oshri, I., Kotlarsky, J., & Willcocks, L. P. (2015). The Handbook of Global Outsourcing and Offshoring 3rd edition. Springer. Thanks DISCUSSION BOARD-3 Procurement and outsourcing strategies Outsourcing strategies are being employed by several businesses in today’s business world. With the inception of several procurement policies, organizations have constantly struggled to maintain the rapport they have with their suppliers. Outsourcing is mostly done by organizations that have the intention of concentrating on the core functions and objectives of the business. This prompts them to seek other non-core services of the organization to professionals so that these services can be provided in the most convenient means as possible (Hoque, Kirkpatrick, Lonsdale, & De Ruyter, 2011). Several organizations around the globe have been going for outsourcing in the past. In fact, outsourcing can be thought of as being a cost saving function. This is because the organization saves significant amount of time which they would have used in handling other functions that are deemed as non-core. Functions such as provision of catering services as well as cleaning services can be outsourced by the organization. They can opt to contract third party professionals with the expertise in handling of such related tasks and functions (Hoque et al., 2011). This is particularly so because some of the services will be effectively and efficiently provided and as such the organization shall remain concentrating on the major core businesses. Questions to ask yourself before outsourcing When outsourcing, one should ask themselves the risks that are involved in the process of outsourcing. Additionally, there is need to ascertain the value addition in the process of outsourcing. Outsourcing should create value to an organization. Value can be defined as the satisfaction on the part of the customer. Innovativeness also need to be considered when making an outsourcing decision (Burnett, 2009). The benefits of outsourcing Outsourcing has several advantages which involves transferring the risk of managing a particular process to the suppliers. Economies of scale is also another advantage that comes with outsourcing. Various outsourcing strategies implemented by the organization is always meant at ensuring that the organization obtains the economies of scale associated with a particular purchase. Capital investments are also reduced by the organization when they decide to undertake an outsourcing initiative (Burnett, 2009). Risks in outsourcing There exist some risks that are associated with outsourcing. For example, there could be lack of concentration by the organization on the demands of the customer and instead they would opt to focus more on the supplies that have been delivered by the suppliers (Burnett, 2009). DISCUSSION BOARD-4 Hi all, While it was one of the first concepts talked about in the video, I found it very interesting that Cisco and Apple outsource so heavily for their products. With Cisco drawing resources from many regions and Apple outsourcing 70% of their parts for their devices, I wonder if a higher defect rate is brought about by the lowered production costs. A second point that I saw in the video is that suppliers take on a large amount of the capital investment from outsourcing and in order to mitigate this they shift the price of the outsourcing onto the customers. While I am not a fan of the price being shifted to consumers while the outsourcing makes the final product inferior, it may be hard to identify how much of the price consumers pay for a good or service is because of the outsourcing cost. Lastly, I thought the effect that the market state has on how good of an investment outsourcing stands to be is also an interesting concept. In a good market, it is smart for companies to make long term outsourcing deals due to the continued and potentially increasing sales brought about by the bullish market. On the contrary, companies are wary of long term deals during a bearish market due to the financial uncertainty. Thanks again,
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Discussion board one

A lot of factors are considered during the process of outsourcing and procurement. The
management has to consider all the important factors to ensure there is efficiency in service
delivery. For every organization, it is their wish to ensure that the customers have a great
experience for the services provided. During the outsourcing process, it is necessary for the
management to ensure that all the needs of the consumers are considered. This is because
effective service delivery and better products are the keys to customer satisfaction.

By determining the supplier capacity, it is necessary for the management to consider the
capability of the supplier during the outsourcing process. The supplier should be in a position to

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meet the needs of the market and also same time giving better prices with the right quality. The
outsourcing party should be in a position to offer the best ...


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