This document discusses organizational frameworks and competitive strategies related to supply chain management. It covers the advantages of centralized supply management, including promoting effective use of purchasing professionals and generating bigger profits. It also discusses the disadvantages, such as increased coordination requirements. Competitive strategies are determined by available resources and business environment. The supply chain must be consistent with the organization's strategy, such as providing high quality materials at low cost. Strategic resource planning requires understanding the corporate strategic plan and carefully evaluating supplier capabilities. The dynamic evaluation and system implementation involves data collection and analysis, organization reengineering, and resource implementation and evaluation.
Materials management is a core supply chain function and includes supply chain planning and supply chain execution capabilities. Specifically, materials management is the capability firms use to plan total material requirements.
• Make Versus Buy
• Benefit of Outsourcing
• Source of Supplier Information
• Strategis Selection
• Supplier Relationship Management (SRM)
• Industry Example
Strategic supply chain management and logisticsBhavi Bhatia
Thanks to all my readers. It gives boost when I get calls from my readers and am always happy to revert back to my followers and readers. I am sorry if I am unable to reply to all the e-mails due to my busy schedule.
Contact me for any type of assignments help(nominal charges).
Thanks and Regards,
Er. Bhavi Bhatia
e-mail: bhavi.bhatia.411@gmail.com
Phone: +91-7696003714, +91-9814614666
Materials management is a core supply chain function and includes supply chain planning and supply chain execution capabilities. Specifically, materials management is the capability firms use to plan total material requirements.
• Make Versus Buy
• Benefit of Outsourcing
• Source of Supplier Information
• Strategis Selection
• Supplier Relationship Management (SRM)
• Industry Example
Strategic supply chain management and logisticsBhavi Bhatia
Thanks to all my readers. It gives boost when I get calls from my readers and am always happy to revert back to my followers and readers. I am sorry if I am unable to reply to all the e-mails due to my busy schedule.
Contact me for any type of assignments help(nominal charges).
Thanks and Regards,
Er. Bhavi Bhatia
e-mail: bhavi.bhatia.411@gmail.com
Phone: +91-7696003714, +91-9814614666
This presentation explains 4 Pillars of Supply Chain strategy which every organisation regardless of size need to consider to device the strategic direction of their supply chain.
The 4 Pillars are:
1) People
2) Process
3) Systems
4) Execution.
If you like the presentation please subscribe to my blog muddassirism.com for further updates.
Creating and Managing Supplier RelationshipsFaHaD .H. NooR
Companies require their suppliers to deliver innovative and quality products not only in just-in-time (JIT) fashion, but also at a competitive price.
Good supplier relations can provide many benefits such as flexibility in terms of delivery, better quality, better information, and better material flows between buyers and suppliers.
Selecting the right supply partners and successfully managing these relationships over time is thus strategically important; it is often stated that “a firm is only as good as its suppliers.”
This presentation will help you understand the supplier relationship management and supply chain relationships.
You may also see the interactive video lecture on this subject here: http://www.aims.education/study-online/supplier-relationship-management/
This report is about combination of various strategic management theories which has explains by different authors with different viewpoints according to the situations which they are looking at.
Strategic management can be basically describe as a process which analysis the current situation and make strategies which will matches to that. Basically strategic management has three main processes which can name as strategic formulation, implementation and evaluation.
First this report explains about what is strategic management and how it has implemented and how if effects for an organization. Compare to that briefing then the report focus on the theories which has found out to be explain in the journals which has selected to review the strategic management theories.
And then the report contains about the strengths and weaknesses of the each selected strategic management theory. After that it contains about a combination of all the theories which has mention in the report, to fill up the gap of each theory using the strength of the other.
Finally, in the conclusion the report shows the final view of the researcher about the finding throughout the research and the assumption which can make about combination of the strategic management theories and the use of this combination for a better performance.
Understand the relationship between supply chain management (SCM) and organisational business objectives
Explain the importance of effective supply chain management in achieving organisational objectives
Explain the link between supply chain management and business functions in an organisation
Discuss the key drivers for achieving an integrated supply chain strategy in an organisation
Be able to use information technology to optimize supplier relationships in an organisation
Evaluate the effectiveness of strategies used by an organisation to maintain supplier relationships
Task 2.2: Use information technology to create strategies to develop an organisation’s relationship with its suppliers
Develop systems to maintain an organisation’s relationship with its suppliers
Case Study of a maintaining organization’s relationship with suppliers:
Understand the role of information technology in supply chain management
Assess how information technology could assist integration of different parts of the supply chain of an organisation
Task 3.2: Evaluate how information technology has contributed to the management of the supply chain of an organisation
Assess the effectiveness of information technology in managing the supply chain of an organisation
Understand the role of logistics and procurement in supply chain management
Explain the role of logistics in supply chain management in an organisation
The presentation is about procurement and sourcing strategies. The process, types, importance and goals of procurement and sourcing have been discussed briefly.
This presentation explains 4 Pillars of Supply Chain strategy which every organisation regardless of size need to consider to device the strategic direction of their supply chain.
The 4 Pillars are:
1) People
2) Process
3) Systems
4) Execution.
If you like the presentation please subscribe to my blog muddassirism.com for further updates.
Creating and Managing Supplier RelationshipsFaHaD .H. NooR
Companies require their suppliers to deliver innovative and quality products not only in just-in-time (JIT) fashion, but also at a competitive price.
Good supplier relations can provide many benefits such as flexibility in terms of delivery, better quality, better information, and better material flows between buyers and suppliers.
Selecting the right supply partners and successfully managing these relationships over time is thus strategically important; it is often stated that “a firm is only as good as its suppliers.”
This presentation will help you understand the supplier relationship management and supply chain relationships.
You may also see the interactive video lecture on this subject here: http://www.aims.education/study-online/supplier-relationship-management/
This report is about combination of various strategic management theories which has explains by different authors with different viewpoints according to the situations which they are looking at.
Strategic management can be basically describe as a process which analysis the current situation and make strategies which will matches to that. Basically strategic management has three main processes which can name as strategic formulation, implementation and evaluation.
First this report explains about what is strategic management and how it has implemented and how if effects for an organization. Compare to that briefing then the report focus on the theories which has found out to be explain in the journals which has selected to review the strategic management theories.
And then the report contains about the strengths and weaknesses of the each selected strategic management theory. After that it contains about a combination of all the theories which has mention in the report, to fill up the gap of each theory using the strength of the other.
Finally, in the conclusion the report shows the final view of the researcher about the finding throughout the research and the assumption which can make about combination of the strategic management theories and the use of this combination for a better performance.
Understand the relationship between supply chain management (SCM) and organisational business objectives
Explain the importance of effective supply chain management in achieving organisational objectives
Explain the link between supply chain management and business functions in an organisation
Discuss the key drivers for achieving an integrated supply chain strategy in an organisation
Be able to use information technology to optimize supplier relationships in an organisation
Evaluate the effectiveness of strategies used by an organisation to maintain supplier relationships
Task 2.2: Use information technology to create strategies to develop an organisation’s relationship with its suppliers
Develop systems to maintain an organisation’s relationship with its suppliers
Case Study of a maintaining organization’s relationship with suppliers:
Understand the role of information technology in supply chain management
Assess how information technology could assist integration of different parts of the supply chain of an organisation
Task 3.2: Evaluate how information technology has contributed to the management of the supply chain of an organisation
Assess the effectiveness of information technology in managing the supply chain of an organisation
Understand the role of logistics and procurement in supply chain management
Explain the role of logistics in supply chain management in an organisation
The presentation is about procurement and sourcing strategies. The process, types, importance and goals of procurement and sourcing have been discussed briefly.
Purchasing mangement - Puchasing Process - Make Or Buy Decisions - Supplier S...FaHaD .H. NooR
Purchasing department in any organization assist with the identification, selection and acquisition of required materials and services.
Accomplish this as economically as possible, within acceptable standards of quality and service.
“Purchasing profession can be defined as the act of obtaining merchandise; equipment; raw materials; services; or maintenance, repair and operating (MRO) supplies in exchange for money or its equivalent”.
Many companies struggle with spend analysis. The presentations answers the basics of spend analysis, where to start from, what benefits to expect from spend analysis etc.
Purchasing Management
Principles of Purchasing Management OR (8 R'S)
Functions of Purchasing Management
Negotiating
Value Engineering
VALUE ANALYSIS
Receive Purchase Request
Supplier selection
Payment Authorization
Market research and Information
Selection of Source
Determination of Price and Availability
Follow Up
“You Have Been Appointed As Head Of Procurement Division Of A MNC. Advise How You Would Procure The Best Material At The Least Possible Cost, Keeping In Mind The Policy Provision Of FTP-2015-20, The Principles And Reservations In Global Sourcing Management”.
Supply Chain Strategy with an Assessment done for a Consumer Products Company with a presence in Europe, North America and Asia. Listing this to show format details for Supply Chain Strategy, and will also put a shorter version on as a Case Study for CI in Supply Chain. We put this on in so much detail to provide people with a guide and base for others to do similar projects (and if they need help, we'd love to speak with them). Good luck and feel free to reach out to me if you have questions on some of the formats or how to do the analysis being suggested.
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4. • The economic and political environment has
greatly changed.
• The emerging technology resulted in great
manpower reduction.
• Most companies have abandoned fragmented
approaches to supply management.
• Executives and support staff in the supply
management seek to obtain highest quality of
material inputs at the lowest possible cost for
their employees.
5. - Centralized purchasing function involves coordination
with all departments in whole organizational set up.
- Centralized purchasing activities result in lower cost for
the organization.
- The suppliers will give effective and efficient service as
they would like to develop corporate relations.
- Negotiations usually result in quantity discount.
Centralization of the Supply
Management
6. Advantages of Centralized Supply
Management
1. It promotes the effective use of purchasing
professionals.
2. It will generate bigger profit to the company.
3. Effective coordination between the supplier and
the purchasing company.
4. It develops better monitoring of the various
changes that occur overtime.
7. Disadvantages of Centralized Supply
Management
1. Engineering becomes involved heavily in the parts
design and specification.
2. Higher coordination with supplier.
3. The need for local sourcing of materials.
4. Difficulty in financial control when organization is
spread in different profit centre.
9. The business world is a game of
competition.
• The purchasing manager must be consistent
with the organization’s competitive advantage
strategy “High quality standard at the lowest
possible price.”
• The purchasing is one area that is subjective to
too much temptation.
• The economies of scale operate in the low cost of
products.
• Producing more goods without differentiation.
10. The ff. are the determinants of
competitive priorities:
1. The firm’s available resources.
▫ Suppliers will be looking at the company’s
resources in terms of good credit payments and
development of long term relationships.
2. The business environment.
▫ The supply chain is affected by the business
environment.
11. Competitive strategies hinge on two
important issues:
• The company that competes on cost
must drive all cost down in terms of
labor, materials and production
system.
1. The product
cost
• It is providing the customer with more
product selection.
• The company that will compete in
product differentiation must devise
action that drives customer satisfaction.
2. Product
Differentiation
12. Policy guidelines in the Supply Chain
• The policy guidelines in buying material
requirement must reflect on the organization’s
competitive action.
• Purchasers must develop efficient delivery of the
needed materials on the production line.
• Executive decision makers must involve in
choosing the criteria in which material has been
purchase.
13. The ff. guidelines are worth taking
into consideration:
1. When cost is involved in the purchase of the needed inputs,
the buyer must greatly emphasized on the cost of the item.
2. Material costing
3. Delivery lead time.
▫ The supplier must be able to respond in the earliest availability
of the materials required.
4. Reward and Performance
5. Budgetary Constraint
▫ It limits the flow of materials in the production floor.
14. Resource Planning Strategies
• The development of more production technology
and the advent of more modern machine for
production would lead to higher demand for
supplies for the manufacturing organization.
• Competition is the essence of their survival in
the industrial world.
15. Requirements for the Development of
Strategic Resource Planning:
1. Comprehensive understanding of the corporate
strategic plan.
These would require great understanding of the
production process.
2. Exhaustive and careful evaluation of supplier’s
capability and credibility.
▫ Supplier is one of the important stakeholders in the
corporate competitive advantage.
16. 3. Survey analysis of the global and local purchasing
opportunities.
▫ Outsourcing may be the best alternative when the
local suppliers is not able to deliver the needed
material at the right price.
4. Identification of structural and financial
requirements.
▫ The cost involved must be within the corporate to
avoid pirating by the other company.
17. The Dynamic of Evaluation and System
Implementation
• The strategic plans must be able to answer some
specific questions related to the changes in
technology and the changes in market cost
structure.
18. The phases of the strategic resource
planning are:
Resource Implementation and Evaluation
Organization Re-engineering and Development
Resource Date Collection and Analysis
19. Resource Date Collection and Analysis
• This is the diagnostic process of identifying the
prevailing opportunities for increased
profitability.
• The process involve interdepartmental planning
and coordination and open communication
linkages with suppliers.
20. Organization Re-engineering and
Development
• The management will undertake organizations
interventions and find developmental objective
for each operating unit.
• Concerned employees and executives will
undertake training program on Integrated
Supply Management (ISM).
21. Resource Implementation and
Evaluation
• It involves the implementation of the policies and
procedures.
• Employees are given a definite job description as
guide in the performance of their assigned duties
and responsibilities.
• Monitor progress in the implementation program.
• “No stones are left unturned.”
22. • Purchasing and supply management has evolved
into strategic business activity.
• Firms differ in their approach in material
sourcing but it must be guided by the principles
that materials are sources of savings that will
turn into profit.