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

Define and illustrtae the term maintenance strategy, Problem: (a) Def...

Problem: (a) Define and illustrtae the term Maintenance Strategy? Support your answers with relevant examples. (b) Describe the steps that will be taken to improve the

Level 6 Project Management, Ask question #Minimum 10You are employed as an ...

Ask question #Minimum 10You are employed as an Office Manager in a company based in the centre of London. The company provides consultancy services to businesses around the world,

Feasibility analysis, Market analysis Competition: To protect the commun...

Market analysis Competition: To protect the community against harmful needle injuries Yarra council has already implemented the syringe management plan. Hence they are seen as a

Project management the managerial process, Are you able to assist with assi...

Are you able to assist with assignments mid terms finals at a masters level

Backward integration, Backward Integration A strategy in which an orga...

Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.

International/global competitive bidding (icb), Steps involved for Internat...

Steps involved for International/Global Competitive Bidding (ICB)      Now that we are aware of the requirements of ICB, let us understand the steps involved in ICB. There can b

Explain about the economic order quantity and total cost, Explain about the...

Explain about the Economic Order Quantity and Total Cost with diagram. Economic Order Quantity and Total Cost: The total of Inventory procurement cost and also inventory carryi

Explain about the project management systems, Explain about the project man...

Explain about the project management systems. Project management systems: Each project must have a plan and a set of goals or performance measures to achieve this. Contro

Identify the critical path, Please note that the exam is an individual effo...

Please note that the exam is an individual effort (NOT a group effort). Please be sure that all the submitted work is your own. You cannot discuss the test with your classmates or

Project management, Project management: a. Describe a project you are ...

Project management: a. Describe a project you are currently working on for school or work or your personal hobbies and interests that would benefit from Project Management con

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