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

Content of iso 9000, ISO 8402 deals with standardization of quality voca...

ISO 8402 deals with standardization of quality vocabulary. ISO 9000 is actually a series of guidelines for selection and use of the appropriate systems standards of ISO 90

Discussion Question, Your brother in-law is about to submit a scope stateme...

Your brother in-law is about to submit a scope statement to the town council for the July 4th parade and picnic he has volunteered to project manage. Your town has about 6,000 hous

Roles of b as the project sponsor and r, DG Company has made a significant ...

DG Company has made a significant investment in a project to develop a new client management IT system, which when implemented should help give the company a competitive edge.  How

Determine elapsed time of critical path, Determine elapsed time of critical...

Determine elapsed time of critical path when The critical path is given by points BCFG and the elapsed time 17 weeks. There D can over running by up to 3 weeks without

Explain the concept of performance management system, Question 1: "HRM ...

Question 1: "HRM is regarded by some personnel managers as old wine in new bottles". (Armstrong, 1987). Discuss. Question 2: "The contribution of HR function is insig

Management, Ask question #MinimumIn its first year, “ABC Co” had the follow...

Ask question #MinimumIn its first year, “ABC Co” had the following experience Sales = 50,000 units Selling price = br. 50 TVC = br. 1,000,000 TFC = br. 250,000 Required: A. Devel

Budgeted cost of work performed (bcwp), Budgeted cost of work performed (BC...

Budgeted cost of work performed (BCWP), or "earned value" (EV), in project management is the budgeted cost of work that has truly been done in carrying out a scheduled task in a p

Critical path, Critical Path about wedding planning

Critical Path about wedding planning

Describe the components of resourcing strategy, Question 1: Describe th...

Question 1: Describe the need for manpower planning Define Manpower planning. Need for manpower planning Question 2: Show the benefits of carrying out manpo

Describe master service agreement, Problem 1: Is closing of a clinical ...

Problem 1: Is closing of a clinical trial as important as initiation? Justify your answer with suitable examples. Difference between closing of a clinical trial and initi

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