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

Elaboration iteration, Perform a status assessment of the first Elaboration...

Perform a status assessment of the first Elaboration iteration. DO NOT GENERALISE. Assess each activity separately and assess it against the outcomes specified for the activity. Ge

Explain about the implementation phase, Explain about the implementation ph...

Explain about the implementation phase. Implementation phase: The project takes shape throughout the implementation phase. It includes the construction of the real projec

"simultaneous loose?tight" by Peters, Discuss the concept of "simultaneous ...

Discuss the concept of "simultaneous loose?tight" by Peters and Waterman

What are the main factors in organisation structure included, What are the ...

What are the main factors in organisation structure included? The structure gives an appropriate frame work for authority and responsibility relationships among different posit

Degree of vertical integration, Degree of Vertical Integration Vertical ...

Degree of Vertical Integration Vertical integration is the amount of production and distribution chain, from suppliers of raw materials and components to the delivery of finishe

Explain risk knowledgebase and metadata , Risk Knowledgebase and Metadata  ...

Risk Knowledgebase and Metadata  When we think of storing risk experience knowledge for our future use in the organisation and make it accessible is to build an automated repos

Discuss the project management knowledge areas, Question: (a) Project ...

Question: (a) Project Integration Management refers to the integration of the nine knowledge areas and project phases involved in coordinating project activities to ensure th

Calculate the elapsed time of the critical path project, Calculate the elap...

Calculate the elapsed time of the critical path project when A Critical path of ACDEFGIJ is given below and the elapsed time of the project is 25 weeks. Th

The series of training sessions to help members, PR has recently joined FPC...

PR has recently joined FPC Company as the new Finance Director. He is needed to work towards getting the finance staff to play a fuller role in the company, becoming more integrate

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