Oakland University MIS 100 1)What is the difference between outsourcing and offshoring? What is business process offshoring? What is impact sourcing? What is open EDI? Briefly outline the differences between direct materials and indirect materials

Oakland University

MIS 100

1)What is the difference between outsourcing and offshoring?

2. What is business process offshoring?
3. What is impact sourcing?
4. What is open EDI?
5. Briefly outline the differences between direct materials and indirect materials.
6. Briefly define the term spend as it is used in business purchasing.
7. What is spot purchasing?
8. What are MRO supplies?
9. What is a p-card?
10. What is a third-party logistics supplier?
11. What is knowledge management?

12. Impact sourcing, also called smart sourcing, was developed to provide opportunities for workers in less-developed countries. In two or three paragraphs, explain how and for what specific purposes impact sourcing can be used in developed countries.

13. The purchasing process in a business can be much more complex than most consumer purchasing processes. In about 100 words, outline the differences between a typical consumer purchase and a business purchase and explain why the business purchase decision is more complex in most cases.
14. In a paragraph or two, explain how the Internet has reduced the spend of many

U.S. manufacturing companies.

15. Would the use of purchasing cards be more helpful in controlling direct materials costs or indirect materials costs? In a paragraph or two, explain why.
16. In about 100 words, explain how the Web can help build and maintain trust among participants in a specific supply chain.