PURCHASING AND SUPPLY IN BUSINESS ENVIRONMENT (Supply Chain Umbrella …
PURCHASING AND SUPPLY IN BUSINESS ENVIRONMENT
What is the business environment in logistics?
Logistics have an internal and external focus. Depends on what business are involved, this part of chain can be simple and complicated
Difference between external and internal business environment in logistic ?
External- business cannot control the factor that outside of their business.
Internal- business can control the factor that outside of their business.
Internal element of the business environment in logistics? - internal element have a policy law of business,management structure of business such as CEO and manager.
Explain market environment in logistics? - market element is an external evironment in logistics that consist customer , supplier, competitiors and civil society . so business logistic environment has limited control .
Explain macro factors for business environment in logistics? - macro factors have physical , political , economic,social , international,environmental,ethical,technological and legal .
Supply Chain Umbrella
Demand and Supply planning
Receiving , material handling and storage
Material or Inventory Control
Is the supply chain is different from supply management?- Yes. Because supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.Supply management (procurement), the methods and processes of modern corporate or institutional buying.
Different between inbound and outbound transportation in supply chain umbrella?
Inbound logistics refers to the transport, storage and delivery of goods coming into a business.
Outbound logistics refers to the same for goods going out of a business.
Five right of purchasing
Right Quality- Fitness for purpose
Right Quantity- Minimum Order Level
Right Place- Transportation and Delivery point.
Right Time- Total Lead Time
Right Price- Different type of cost.