Supply processes & Technology (The supply management process (Supply …
Supply processes & Technology
Managing processes, understanding and clarifying how each processes interacts with other processes & activities are critical to the success of the organization as a whole.
The supply management process
Has beginning & end, occurs in specific sequence and has inputs & outputs.
1.Recognize and describe need
Identify potential sources
follow up and expedite
8.Maintain records & relationships
5 major reasons for developing a robust process are:
Large # of items
Large dollar volume
Need for audit
Severe consequences of poor performance
Potential contribution to effective organisational operations
Focus on " Where, when & how can personnel contribute to short & long term goals and strategies for the organisation?
Ensuring compliance: Process improvements and consistent delivery of results to internal business partners may increase compliance.
Organizational culture affects compliance
Information systems & supply process
Include interconnected components that collect, process & store raw data and distribute information to support decision making, control and coordination within the organization.
Benefits of information system
and efficiency gains.
Dedicate resources to strategic issues.
EDI: Exchange business documents between 2 organisations.
E-Marketplaces: Virtual shopping malls
Online reverse auctions: Used for commercial transactions for centuries
RFID: Tags contain a chip and antenna that emit a signal, using energy from a radio frequency reader.
Enable effectiveness in two ways:
Make data more transparent
Relieve supply decision makers