CHAPTER 5 & 6

 CHAPTER 5

Q1: Define "direct materials" and "indirect materials". List reasons for a large company having two separate departments to manage the purchasing of each.

ANSWER:

Direct material is raw material, standard and specialized parts, and sub-assemblies required to assemble or manufacture a complete complete product. Direct material costs are assignable to a specific product, cost center, or work order.For example selling camera.And in indirect material is a material, purchases and supplies used in the operation of the business not directly associated with production and are part of operation expenses,as opposed to direct material. For example for indirect material is lens,bag,memory card of the camera.The reasons for the large company having two separate department to manage the purchasing is because of  the cost itself  that can get more profit if using direct material on selling.If indirect material it can make it marketing strategic expertise to attract customer such as essentially a pattern or plan that integrates your organization's major goals, policies, and action sequences.They also can make easier to manage selling of the products itself. 

Q2: In about 200 words, describe the reasons a buyer might have for wanting to participate in an industry consortium marketplace instead of setting up its own private company marketplace.

ANSWER: 
Consortium marketing is joint-venture of selling the product which a buyer sometimes using this such as industry.Consortium also can be create by E-marketing for the textile by using a online. They have a reasons why a buyer might have for waiting to participate in an industry consortium marketplace instead of setting up its own private company marketplace for example selling a clothes and tudong.Within selling this kinds of product the buyer or the customer can mix and match so that they can make easier to find the product at one store or one shop only. The customer also can find the same color or pattern and etc.Who are buying using this consortium marketplace,they can get saving cost on buying some of the product than buying some product with different stores.The customer also can  make easier to choose the product in same place within using this type of consortium marketplace.


Q3: Which industries were the first to establish standard RFID technology? In about 100 words, state why, in your opinion, these industries were more interested in RFID tag technology than other industries.

ANSWER: 
 In this task,we a asking to find a research about which industries were the first to establish standard RFID technology which RFID is known as Radio Frequency Identification Technology.In using RFID technology there have the benefit and challenge of the technology for organization that are involved in the production,movement or sale if retail.   RFID is evolving as a major technology enabler for identifying and tracking goods and assets around the world.

 RFID is not the first disturbing fact of new technology but it was first used over sixty years ago by Britain to identify aircraft in World War II.There also founded a solution for the commercial world for the first considered during 1960s and during 70s and 80s RFID was involving the first commercial application.RFID also has a global outlook which a the third era of RFID started in 1998.Massachusetts Institute of Technology (MIT) was doing research Auto-ID Center that began to research new ways to track and identify objects as the moved between the physical location.When new era of RFID started they have change how information is held on tags can be effectively scanned and shared with business partners in near real time.Within doing this there are needed standard to focused on reducing the cost of manufacturing RFID tags,optimizing data networks for storing and delivering larger amount of data and developing open standards.Now Auto-ID Center officially closed on October 26, 2003, transferring all its technology to EPCglobal with known as Electronic Product Code Network which is to support the use of Radio Frequency Identification (RFID) with fast-moving.


In addition,my opinion based on this research  was RFID become more high technology compare then before.They also make the RFID more faster moving to supported and easy to store and deliver large amount of data so that it can make easier to find some data on the system.