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

Project, For each of the quadruple constraints, provide a practical descrip...

For each of the quadruple constraints, provide a practical description of the constraint as it would apply to the following new product development project: "Develop a new food sup

Risk management , Introduction to Risk Management Let us begin with def...

Introduction to Risk Management Let us begin with defining Risk. Risk, is an integral part of the business scenario, and can be termed as a potential event that can have opport

Line balancing., What do you understand by "line balancing"?

What do you understand by "line balancing"?

What is buffering in risk management, What is Buffering in risk management?...

What is Buffering in risk management? Buffering: Buffering or slack is the allowance of additional cost, resources or time for example ‘just in case’ specific events or r

Unit rate contracts , Unit rate contracts  In a unit-rate contract, the...

Unit rate contracts  In a unit-rate contract, the seller commits to providing each unit of work defined by a buyer for a fixed price per unit of each work item. Engineered m

Explain the event and the ideal target group, Question 1: a) As an eve...

Question 1: a) As an event organiser you need to target the right audience/visitor group. Taking a festival [local, regional or national] - explain the event and the ideal t

Good project planning, Over the years, E has had a number of business succe...

Over the years, E has had a number of business successes in the building trade and property development. Her latest venture is to build a hotel in YX town. E has already gained the

Goals of an fms, Goals of an FMS The goal of an FMS is to produce a m...

Goals of an FMS The goal of an FMS is to produce a moderate verity of products in moderate. Flexible quantities clearly an F M S is more flexible than conventional high volum

System engineering and deployment of Envirobat, i need a 5000 words report,...

i need a 5000 words report, i have already submitted a project plan from a material. i want report from already available material and some portion from yours as well.

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