799-301 Chapter 04

Performance the fewest number of suppliers to get the

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Unformatted text preview: nal Resources to support long term corporate goals Strategic Sourcing includes: Beeer Make or Buy decisions IdenOficaOon and selecOon of suppliers Managing and Improving Supplier RelaOonships and CapabiliOes – SRM Monitoring and rewarding performance Managing second and third Oer relaOonships Technology, e- commerce, EDI, shared informaOon TWO TYPES OF SUPPLY CHAINS Func=onal Products Low Profit Margin Innova=ve Products High Profit Margin Stable Demand Heavy CompeOOon VolaOle Demand Liele CompeOOon Seeking Dependable Supply at Lowest Cost Short Life Cycle Not dependent upon Strategic Partnership Value in Strategic Partnership SIX STEP SUPPLY CHAIN STRATEGY STEP 1 STEP 2 STEP 3 STEP 4 STEP 5 STEP 6 - DMAIC Classify Items and Suppliers Define Supply Chain Goals Define current capabilities and Opportunities Develop Work Plans linked to Goals EXECUTE Plans to ACHIEVE Results Monitor Progress - Define, Measure, Analyze, Improve, Control Supply Based RaOonalizaOon •  Also know...
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This document was uploaded on 03/11/2014 for the course SUPPLY CHA 91 at NYU.

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