Overview,Supply,Chain,Manageme business, insurance An Overview of Supply Chain Management
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The theory behind Supply Chain Management encompasses the planning and management of the different stages of this process, and includes the sourcing, procurement, logistics and conversion of the products involved. Essentially it is about minimising costs, maximising efficiency, and meeting customer demand.The activities involved in supply chain management can be grouped into the following areas:TacticalStrategicOperationalTacticalContract sourcingManaging production, contracting, and the scheduling of the processMaking decisions based on the inventory, namely quantity, location and qualityImplementing a strategy for transporting the goodsComparison of all operations with competitorsAnalysis of customer demandStrategicOptimisation of warehouses and distribution centers, including number, location, etcCreating partnerships with suppliers and distributors, and maximising communication channelsManaging the product life-cycle, so new products can be integrated easily into the supply chainOptimised IT infrastructure to assist operations Ensuring the operational strategy is in line with supply strategyOperationalPlanning production and distribution channelsScheduling the production down to the last minutePlanning for customer demand and forecasting future demandManaging transportation of goods from suppliersManaging the production operationsManaging external operations, including transfer of products to customersSupply chain management is increasingly becoming a necessity for organisations to compete globally, and is now a part of the majority of large organisations structure. Qube Vocational Development provide Supply Chain Management NVQs, Procurement NVQs and Purchasing NVQs.
Overview,Supply,Chain,Manageme