What are the topics under supply chain management?
8 Interesting Supply Chain Management Projects
- Demand Planning and Forecasting.
- Developing Productive Supplier Relationships in a Competitive Market.
- WMS Systems Consolidation.
- Effective Negotiating Practices to Reduce Costs.
- Rethinking the Workflow in Manufacturing.
- Big Data and IoT in Supply Chain.
What is an example of supply chain management?
The supply chain includes all the activities, people, organizations, information, and resources required to move a product from inception to the customer. For example, in the consumer goods space, this likely spans raw materials, production, packaging, shipping, warehousing, delivery, and retailing.
What are the concepts of green supply chain management?
Green supply chain management is defined as integrating environmental thinking into supplychain management, including product design, material sourcing and selection, manufacturing processes and the delivery of the final product to the consumers as well as an end-of-life management of the product after its useful life …
What is procurement research?
Procurement is the entire process of identifying a need within the organization, obtaining the requirements and maintaining a good relationship with the vendors. When a need is confirmed, procurement research identifies likely suppliers. Purchasing, on the other hand, is a sub-function in the process of procurement.
Why is the supply chain green?
While the specific goal of GSCM is often the reduction of CO2 emissions, other tangible benefits for an organisation include; greater efficiency of assets, less waste production, greater innovation, reduction of production costs, reuse of raw materials, increased profitability, perception of added value to the client …
What are the most important issues in supply chain management?
Increasing commodity prices raising the cost of raw materials. Higher labor costs from suppliers and manufacturers. Complex international logistics leading to higher charges for storage, transfer and management of products.
What are the major supply chain issues?
The Top Supply Chain Challenges for Shippers in 2021
- Keeping transportation costs down.
- Keeping up with customer/industry demands.
- Sourcing consistent, reliable carrier capacity.
- Keeping up with the latest technology solutions and demands.
- On-time pickup and delivery performance.
What are the 5 supply chain management process?
Supply management Supply management is made up of five areas: supply planning, production planning, inventory planning, capacity planning, and distribution planning.
What are the 5 basic components of supply chain management?
The Top-level of this model has five different processes which are also known as components of Supply Chain Management – Plan, Source, Make, Deliver and Return.
What are the challenges and opportunities in GSCM?
Other challenges faced by the industry in implementing GSCM include lack of resources (technical expertise, technology, material and process), lack of knowledge and experience, and lack in managing standard environmental control policies within the organization (Balasubramanian, 2012; Government & Perron, 2014; Jabbour …
What is the ISO standard for sustainable procurement?
ISO 20400:2017 provides guidance to organizations, independent of their activity or size, on integrating sustainability within procurement, as described in ISO 26000. It is intended for stakeholders involved in, or impacted by, procurement decisions and processes.