What is the value to the company and the supplier in developing and implementing a Supplier Relationship Management (SMS) System

Research Story Analysis
July 11, 2020
Southwest Airlines
July 11, 2020

What is the value to the company and the supplier in developing and implementing a Supplier Relationship Management (SMS) System

1. What is the value to the company and the supplier in developing and

implementing a Supplier Relationship Management (SMS) System? How can such a

system provide greater efficiency? Describe the value to the organization.

Respond to at least two of your classmates’ postings.

2. Describe the role of green sourcing strategies in logistics design, and

how an organization may be affected by this approach. Respond to at least

two of your classmates’ postings.

3. Go to the International Chamber of Commerce

(http://www.iccwbo.org/incoterms) Web site. In 200 to 300 words, describe an

Incoterm that may not be covered in the text. A good source for such

material is in the F.A.Q. section of the Web site. Be sure to respond to at

least two of your classmates’ posts.

4. The text describes problems exporters have with letters of credit. Since

letters of credit transactions are document-based, the slightest

discrepancies between documents can snag a transaction.  In 200 to 300

words, describe how an organization can mitigate one risk in writing a

letter of credit. Be sure to respond to at least two of your classmates’

posts.