What are the risks associated with backdoor (maverick) buying and selling, and why is there interest in controlling this practice?
These are the talking points that are required:
I need a real-life example to be utilized, and these talking points are essential – Inability to get bulk discounts on buying or take advantages of rebates since internal users will tend to buy small quantities and not leverage the size of the company’s needs. Purchasers need to control costs Too many orders for purchasing to keep track from various vendors/suppliers Too many suppliers supplying the same products causing confusion to purchasing and A/P for payment or no P.O issued (ie. Buying on credit card) Breakings agreed upon contracts with approved vendors results in Lost trust from approved vendors making it difficult to negotiate contract terms, Overall increases in capital expenses, efficiency Exposes firm to greater risks and loss of control over the purchasing process. Inventory costs increase with increased stock. Can you please review the grammar, some of your sentences are incomplete or do not make sense the way they are written. For example, the very first one.
No title page no page numbers just answer the questions in discussion format.
Complete the following at the end of Chapter 2:
- Read Case 2-1 “Just-in-Time in Kalamazoo”.
- Choose 3 questions from the end of the case study. Answer each question in a Microsoft Word document. Each question answer should be at least 150 words in length.
- Label each question according to the case study and question number, i.e. Case 2-1, question 1.