Supplier quality, Project Management

Scope of Activities for Supplier Quality

In the current day's scenario, certain organisations outsource the movement of  raw materials sources and distribution channels in order to be more flexible and cost effective. This increases the number of organisations in the Supply chain and at the same time, reduces the management control of day-to-day transactions.

The supply chain activities can be classified into three broad categories - strategic, tactical and operational. Strategic activity is closely associated to the corporate strategy and guides supply chain policies from the design perspective. As the term implies, strategic decisions are made normally over a long time. The organisation's strategy is aligned with the supply strategy. It includes partnerships with the suppliers, distributors, customers and establishing communication channels.

The Tactical aspect refers to sourcing contracts and making purchasing decisions. All aspects of contract are handled during this process. Inventory strategy, transportation strategy (the frequency, rules, routes and contracting), Benchmarking and focusing on customer demands are part and parcel of this activity.

Operational decisions are short term, and focus on activities over a day- today basis. The effort in these types of decisions includes demands to effectively and efficiently manage the product flow in the designed supply chain. Demand planning and forecasting, sourcing planning, warehousing, transportation are some of the activities. Over a period of time supplier quality rating provides a quantitative summary of supplier quality. This type of rating is useful in deciding how to allocate purchases among suppliers.

Normally there are three different activities that place in a Supply chain management. These include:

  • Purchasing or Procurement.
  • Logistic.
  • Support.

Purchasing  chiefly  identifies  the  suppliers  who  sell  materials.  These potential suppliers are graded on their quality, cost competitiveness and delivery costs.

Logistic activity involves the management of all inbound and outbound movement  of  finished  goods,  inventory  management  and storage  and vehicle scheduling.

Support activities typically refer to the support lent by other departments like HR, document storage and finance.

A comprehensive supply chain thus includes a good Inventory management system, good plant and distribution network, sound logistics, good customer and supplier relationships.

Posted Date: 9/29/2012 2:10:55 AM | Location : United States







Related Discussions:- Supplier quality, Assignment Help, Ask Question on Supplier quality, Get Answer, Expert's Help, Supplier quality Discussions

Write discussion on Supplier quality
Your posts are moderated
Related Questions
T, a member of the finance team, has been constantly arriving late to work and in recent months he has consistently made significant errors in his work. A number of colleagues have

A2. Unfortunately, the Capital Investment Committee refused to approve your recommendation (Problem 1) since you did not consider the uncertainty inherent in these types of investm

Importance of Project Management as it relates to Information Security Program: Information security means protecting your information and data from unauthorised access, discl

Problem 1: a) ‘Project Management is closely linked with the management of change' Explain why. b) Elaborate on two models of change. Explain the relevance, applicability

I have a project that I would like to have a work breakdown structure developed for.

What types of errors disclosed in Trial Balance? A Trial Balance discloses the given types of errors as illustrated follows: a. An item posted two times. b. A mistake int

Tony Taxpayer''s return case study. Question is to apply general attribution theory to analyze and explain each parties attitude and conclusions.

O perating characteristic curve The operating characteristic curve for a sampling plan quantifies the risks. The OC curve for an attribute plan is a graph of the percentage de

R Company produces a range of hair and beauty products. T, the Finance Director, and P, the Marketing Director, are reviewing the outcome of some product portfolio analysis which h

Question : (a) Define risk as per the Public Private Partnership Guidance Manual. (b) What are the primary objectives of transferring risks from a contracting authority to