Supplier quality, Project Management

Assignment Help:

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.


Related Discussions:- Supplier quality

NPV, A brilliant UTM student at the end of his graduation is in presence of...

A brilliant UTM student at the end of his graduation is in presence of two opportunities and has to choosen between them.

Participative management, PARTICIPATIVE  MANAGEMENT IN LIBRARIES MANAGEMEN...

PARTICIPATIVE  MANAGEMENT IN LIBRARIES MANAGEMENT: Like most other organizations, libraries and information centres have the dual social responsibility of satisfying the needs

Demonstrate a critical approach to management theories, Your Integrated Man...

Your Integrated Management Project will be marked initially by a tutor. The marked project may then moderated by another tutor to ensure consistency between markers. A sample of th

Characteristics of flexible manufacturing system, Characteristics of Flexib...

Characteristics of Flexible Manufacturing System An FMS is a process technology that can product a moderate variety of products in modest volumes and can do so quickly and wit

Action planning, In the previous learning unit, you examined your values, a...

In the previous learning unit, you examined your values, aspirations, strengths and competency gaps to identify three goals towards which you will strive in this programme and in y

What is quality system , Quality System  The basis of our Quality System...

Quality System  The basis of our Quality System is the industry standards/ best practices and the guidance of the ISO 9001:2008 requirements. This ensures that both quality and

Operating cycle , using the operating cycle and any other financial managem...

using the operating cycle and any other financial management knowledge,discuss the applicabilty of such cycle to poultry

Maintenance job planning, Question 1: (a) What are the factors that y...

Question 1: (a) What are the factors that you would consider to determine the causes of Equipment failures during its life cycle? (b) Explain clearly the failure patter

Project approches, Describe your approach to tracking a project?

Describe your approach to tracking a project?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd