799-301 Chapter 02

799-301 Chapter 02 - 799:301 Chapter 2 Purchasing...

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799:301:’ Chapter’2’ Purchasing’ Procurement’
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WHAT’IS’SUPPLY’CHAIN’MANAGEMENT Management,’control,’and’flow’of’goods’and’services’ From’_____’To’_____’IncepOon’( Raw’Materials )’to’End’Customer’ Involves:’Costs,’Quality,’Timing,’Value,’QuanOty’ Requires:’Visibility,’CommunicaOon,’Trust’
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REVIEW’TERMINOLOGY Purchasing’–’Product’ Merchants’ ’ versus’ ’ Industrial’Buyers’ Bulk’Finished’Product’ ’’ Raw’Materials’ Retail’/’Wholesale Manufacturing’/’Conversion’ ’’’’ Capital’Expense Contrac±ng’-’Services’ Supply’Management’ ’ -’Expanded’skills’and’responsibili±es’ iden±²ca±on ,’ acquisi±on ,’access,’posi±oning,’and’management’of’resources’ an’organiza±on’needs’or’poten±ally’needs’in’the’ aAainment’of’its’strategic’ objec±ves . Nego±a±ons’ Logis±cs’ Contract’development’and’administra±on’ Inventory’control’and’management’ Supplier’management’ Etc.’
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Costs’of’Material’as’Percent’of’Shipment Table’2.1’ExtracOon ’ YEAR ’ |Value’(Sales) ’ |Cost’of ’ |Manufacture’ ’ |Capital’ ’ |Shipments ’ |Material ’ |Costs ’ |Expenditure’ ’ |Billions’$ ’ |Billions’$ ’ % ’ |Billions’$ ’ % ’ |Billions’$ ’ %’ ’ | ’ | ’ | ’ |’ ’ 2006 ’ |’$5015.6 ’ |’$2752.9’54.9% ’ |’$2285.9’45.6% ’ |’$’135.8’2.7%’ ’ | ’ | ’ | ’ |’ ’ 1996 ’ |’$3715.4 ’ |’$1975.4’53.2% ’ |’$1749.6’47.1% ’ |’$’146.5’3.9%’ ’ | ’ | ’ | ’ |’ ’ 1986 ’ |’$2260.3 ’ |’$1217.6’53.9% ’ |’$1035.4’45.8% ’ |’$’80.8’3.6%’ ’ | ’ | ’ | ’ |’ ’ 1977 ’ |’$1358.5 ’ |’$’782.4’57.6% ’ |’$’585.2’43.1% ’ |’$’51.9’3.8%’ Wal-Mart Costs of Sales greater than 75% of Net Sales.
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799-301 Chapter 02 - 799:301 Chapter 2 Purchasing...

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