Motorola´s Supplier Evaluation System Motorola´s expectations for its suppliers are based on the company´s key beliefs of “Uncompromising Integrity” and “Constant respect for people”. As a consequence, they evaluate its supplier in the following areas: Compliance; Anti-corruption; Unfair business practices; Anti-discrimination; Humane treatment of workers; Working hours and wages; Safety and health; and Environmental sustainability. In order to have a deeper knowledge of this evaluation system is worth to summarize what the mentioned areas involve: Compliance: Suppliers will maintain compliance systems and be able to demonstrate a satisfactory record of compliance with law in the conduct of its business. Anti-corruption: Suppliers will conduct their business without engaging in corrupt practices, including public or private bribery or kickbacks. Suppliers will maintain integrity, transparency and accuracy in corporate record keeping.
Compliance is pertaining to the adherence to laws and regulations that the company is subject. Raven Head Ranch did not follow this objective when they were writing checks approved by the same person and putting them in unapproved projects, for example the Volunteer Fire Department. The VFD had been receiving funds from misappropriate accounts for three years. Fifty individual disbursements were taken from the community checking account and had no proper recording, just charged to random accounts, which breaks the regulations and laws of proper accounting. One of the BoD members, Sam, was not even a resident of RHR and was on board supervising the employees with no legal right
On many occasions, Apple Inc. has been voted to boast the most efficient supply chain in the world. By leveraging wealth and pure business strength, Apple has been able to construct a supply chain that is both efficient and highly profitable. While much of this supply chain construction has come from great investing and business decisions by Steve Jobs and Tim Cook, it has come at the cost of many factory workers’ well being overseas. Overall, the construction of the highly organized supply chain has given Apple a competitive advantage over the rest of the market.
...hing that was not ever the easiest type of contract to navigate but over the years the requirements have continued to get more complicated and require a lot of additional effort on the contract and the contracting officer. A contracting officer does not just accept the data supplied by the supplier as acceptable. A contract officer will have to perform due diligence and verify the information submitted. This means that the contracting officer will have to verify the material costs, the labor costs, the travel costs, and any of the data supplied.
Suppliers must maintain good relations with the companies in the industry. This is low because there are multiyear service contracts and the delivery industry uses items such as vehicles, employee benefits, general goods and airline contracts associated with overhead of running business, but all contracts are rewarded through an RFP process. There are enough players in the market and had high fixed cost and thus have substantial buying power.
The company whose supply chain that I chose to evaluate was Lockheed Martin. Lockheed Martin is a company that is headquartered in Bethesda, Maryland, and they specialize in global security and aerospace. They employ approximately 97,000 people around the world and to a large extent are engaged in the research, design, development, manufacture, integration and sustainment of various advanced technology systems, products and services. Their mission specifically involves solving complex challenges, advancing scientific discovery and delivering innovative solutions to help their customers keep people safe. The vision Lockheed Martin has is to be the global leader in supporting their customers' missions, strengthening security and advancing scientific discovery, while their values include doing what's right, respecting others, and performing with excellence. As a global security, innovation, and aerospace company, a vast majority of Lockheed Martin's business is with the U.S. Department of Defense and U.S. federal government agencies. In addition, Sikorsky (a Lockheed Martin Company) dispenses military and rotary-wing aircraft to all five branches of the
Integrity, in the broadest sense, must pervade our actions in all relationships, including those with our customers, suppliers, and each other. This is a commitment to uncompromising values and conduct.
Integrity which is demonstrated by acceptance in decision making, having honest communication and activities with ethical practices that demand trust and support
H&M should ensure all of new suppliers in risk countries have reached its requirements and audits factories before placing the order. Basically, the suppliers are required to focus on business and human rights to achieve long-term and sustainable partnerships.
Competitive Analysis of Motorola Company Background Motorola, Inc. is a Fortune 100 global communications leader that provides seamless mobility products and solutions across broadband, embedded systems and wireless networks. Motorola was founded in 1928 by Paul and Joseph Galvin under the name Galvin Manufacturing Corporation. The company started out by producing battery eliminators that allowed battery operated radios to run on household current. The first Motorola brand car radio was launched in the 1930aê¡?s. In 1947 the company changed its name and became Motorola, Inc.
Business must ensure that they are up to date with the current laws and that they
Since mid-90, technology changed procedures for evaluating supplier’s relationships. Before technology, Suppliers relationships used to be an isolated activity disconnected from others companies’ activities highly influenced by conflict of interest. But when technology started to provide accurate data, companies begin the focus on inventory management activities increasing the importance of procurements departments’ evaluation as a way to reduce supply chain cost. With data, procurement can evaluate suppliers and their benefits for the company. In today business environment, the company dilemma is evaluating if the supply chain should be vertical, full outsourced of mix, considering industry maturity impact and price competition (Chopra & Meindl, 2007; Slack & Lewis, 2011).
A reputation for ethical decisions builds trust in your business among business associates and suppliers. Strong supplier relationships are critical to a successful business. Consider the problems you might have if you could not supply what the customer needs...at the time that they need it.
A company’s relationship with key suppliers is a vital part of any company’s success. A good supplier relation means better price, meeting company standards and a better service level. That 's why when Honda started working with Modine, Honda made sure that its relationship with Modine was
Organizations today all consist of three main functions. These functions include marketing, operations, and financial accountability. Marketing generates the demand through the promotion or sale of a product or service. The operations is the backbone of any organization, which involves the creation of the product, the movement of the product, and final delivery of the product. The financial accountability is ultimately, how the organization is doing financially concerning accounts receivable and accounts payable. Focusing on the operations of the business, one area that is critical is the supply chain. The supply chain is a global network of organizations and activities that supply a firm with goods and
Step 6, evaluation and selection of a supplier: the evaluation stage of the process could involve the p...