Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
VCI Case
VCI/Ellison Case Questions and Analysis
Case Questions
Global sourcing, simply put, is engaging in the procurement of goods and/or services without allowing geopolitical boundaries to limit such procurement (though there are of course effects of these boundaries on the advisability of certain trade relationships). Different levels of global sourcing exist, from using international suppliers when convenient to developing procurement strategies that take full advantage of global systems.
There are not major cultural differences noted between VCI and Ellison that will adversely affect this merger, however there are some notable differences that need consideration. Teamwork and supplier loyalty are more engrained in Ellison, and VCI will need to incorporate better teamwork while Ellison becomes more aggressive.
3)
Global sourcing has the potential to create much greater cost effectiveness and efficiency for VCI/Ellison, and this is the primary reason for pursuing this strategy. The global sourcing plan is fairly straightforward, consisting of identifying suppliers, receiving proposals, testing and finalizing international contracts and shipments.
4)
Negotiation is key to the global souring plan at VCI/Ellison, and teams are expected to be prepared to negotiate effectively through their...
Once the individual issues in the case are probed, however, it becomes clear that the problems and the solutions identified in both companies -- and the merged single company -- are relatively simple and straightforward. Though the case ends by highlighting certain problems that will be faced in the coming years, there are clear and strong rationales for the actions taken by VCI/Ellison in its global sourcing strategy development and implementation program, and suggestions for the company's future after initial implementation.
The practicalities of global sourcing are clear regardless of the specifics of the company engaging -- or considering engaging -- in such…
Procurement and Contract Management: For a long period of time, procurement has been considered as an aspect that deals with purchasing supplies and stationary. Notably, procurement is an absolutely fundamental function in any business and it's important for the success and profitability of the business, particularly with regards to the economic recession and downturns. Until recently, procurement was important but rarely celebrated component of many multinational corporations. Currently, procurement and contract
Procurement and Supplier Management: Potential Behavior and Trust of Suppliers The objective of this study is to examine procurement and supplier management and the potential behavior and trust of suppliers and to discuss this in light of current academic debates and provide practical illustrations to support the answer. The work of Chen, Paulraj and Lado (2004) entitled "Strategic Purchasing, Supply Management and Firm Performance" states of purchasing that it has "increasingly
Procurement The law is both imaginary and complex, yet affects each and every one of us on a daily basis on a number of different levels. In the business world, the law takes on new meanings and new forms as commercial exchange is guided by their principles. The purpose of this essay is to examine the legal aspects of procurement and how this idea can shape the different aspects of trade
Procurement Law Overview, Part One Solicitation Elements The federal government's basic procurement or acquisition process involves an agency identifying the goods and services it needs also known as the agency's requirements, determining the most appropriate method for purchasing these items, and carrying out the acquisition. Although this process is simple in theory, any given procurement can be complex, involving a multitude of decisions and actions (Halchin, 2006). One process that is involved is
Procurement Contracts Procurement contract close-out is a heavy and important topic for firms that have procurements needs on a consistent or even a fleeting basis as the materials and products acquired through these procurements products are often needed to keep the flow of good sales going and/or keeping operations under control and running in optimal fashion. There are really only a few basic ways that an executed contract can end with
Procurement Function One of the most important functions of business is procurement. Procurement refers to the acquisition of the goods and services a company needs to carry out its functions and to operate within its market. It is therefore vital that this process be implemented and streamlined in such a way to optimize not only the business process, but also to maximize economic activity. There are several levels of procurement, three