Discussion Board 14- industrial purchasing

Question Description

I’m working on a supply chain discussion question and need an explanation and answer to help me learn.

Chapter 19 discusses Performance Measurement and Evaluation of Suppliers. Topics include:

Purchasing and supply measurement models.

Key performance metrics.

Characteristics of effective measurement systems.

Supply Chain Brain (SCB) article: How a Maker of Agricultural Equipment Transformed Its Inbound Supply Chain, https://www.supplychainbrain.com/articles/30464-how-a-maker-of-agricultural-equipment-transformed-its-inbound-supply-chainLinks to an external site.
Please review the assigned materials before answering the questions below.
Questions =======================================================

Identify three strategic purchasing measure indicators (See Exhibit 19.1) for the Smart Logistics Initiative and explain why you believe they would be necessary for AGCO.

Develop a balanced scorecard for purchasing and supply at AGCO (See pages 774-775 of the textbook). Explain how a balanced scorecard will be essential for successfully implementing the Smart Logistics Initiative.

How would you establish a benchmarking system of Sustainability measures for new and existing suppliers of AGCO?

Please provide an insightful question about Supply Chain Performance Measurement. Why is this an important question?

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