Cost analysis purchasing strategies supplier analysis

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Unformatted text preview: egies Supplier analysis Competitive market analysis Purchasing & Supply Chain Management, 4e 23 Proper Organizational Design • Assessing and selecting the structure and Assessing formal system of communication formal • Division of labor • Coordination • Control • Authority • Responsibility Purchasing & Supply Chain Management, 4e 24 Real-Time and Shared IT Capabilities • Supply chain planning – Forecast accuracy – Optimized production scheduling – Reduced working capital costs – Shortened life cycles – Reduced transportation costs – Improved customer service Purchasing & Supply Chain Management, 4e 25 Real-Time and Shared IT Capabilities • Supply chain execution – Obtaining materials – Managing physical flows Purchasing & Supply Chain Management, 4e 26 Emerging SCM Technologies • • • • • Global positioning systems Internet-based systems Bar codes Radio frequency identification devices Wireless devices Purchasing & Supply Chain Management, 4e 27 Roadblocks to Measurement Systems • • • • Too many metrics Debate over the correct metrics Constantly changing metrics Old data Purchasing & Supply Chain Management, 4e 28 Why Is Measurement Important? • Supports fact-based decision making • Communicates requirements through the Communicates supply chain supply • Improves future supplier performance • Recognizes outstanding performance • Links critical measures to desired Links outcomes outcomes • Determines if initiatives are working Purchasing & Supply Chain Management, 4e 29 Evolution of Purchasing and SCM • The early years: 1850 – 1900 • Growth of purchasing fundamentals: 1900 Growth – 1939 1939 • The war years: 1940 – 1946 • The quiet years: 1947 – mid-1960s Purchasing & Supply Chain Management, 4e 30 Evolution of Purchasing and SCM • Materials management comes of age: Materials mid-1960s – Late 1970s mid-1960s • The global era: Late 1970s – 1999 • Integrated supply chain management: Integrated beyond 2000 beyond Purchasing & Supply Chain Management, 4e 31 Remainder of the Book • Section 2 – Purchasing Operations and Section Structure Structure • Section 3 – Strategic Sourcing • Section 4 – Strategic Sourcing Processes • Section 5 – Critical Supply Chain Section Elements Elements • Section 6 – Future Directions Purchasing & Supply Chain Management, 4e 32...
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This note was uploaded on 09/16/2013 for the course ECON 101 taught by Professor Maiti during the Winter '12 term at F & M.

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