Managing The Supply Chain Essay Example | Topics and Well Written Essays - 2000 words

Managing The Supply Chain - Essay spokespersonThe project would also work out at the takings functioning employed by Colgate-Palmolive and the prudence and distribution channels. The importance of the end-user would also be controld in the paper.Colgate Procurement System (2013) identifies that the company uses a uniform and fair system of taking tenders and provider application from producers. The company decides what to buy on the basis of quality and price offered by a supplier. The suppliers reliability, integrity, inception and commitment to continuous improvement is a basis for decision making (Colgate Procurement System, 2013).Ethical standards be used to carry out the examination and evaluation of different suppliers. This include a number of standards and expectations that moldiness be met by each and all(prenominal) supplier in the list of possible contenders. Once this is done, on that point are some sharpenlines that are used to by the Global Procurement Group to authorize a supplier.The Global Procurement Group of Colgate-Palmolive is made up of purchasing and logistic professionals from the regional units of the company. They use teamwork to guide their efforts. The group takes up tenders and quotes from suppliers around the world who fit some basic requirements. The quotes are presented to the Group and they examine and critique it. The company uses various criteria including positive discrimination techniques like identifying minority-owned suppliers and women-owned businesses. The group uses ethical business practices and soaring integrity levels to set goals and attain them.When suppliers are chosen, the company settles down to manage them through various technical and ICT databases and platforms that produce real-time information for decision making and guidance. Every suppliers contract is stipulated and given out to the node when they join the contribute team.The suppliers are monitored by the Internal Supply Managing the Supp ly Chain Essay Example Topics and Well Written Essays - 2250 wordsManaging the Supply Chain - Essay ExampleThere should be a complete realignment of the procurement system that will be followed for all raw materials, parts, and components. The activities that follow the procurement forge apply to the purchase of goods and services in the industrial markets. These activities often cut across both running(a) boundaries on an intra-firm basis and organizational boundaries on an inter-firm basis. It needs the inputs from all the parties involved in the transactions. Hence streamlining the procurement system would maximize value for both buying and selling. The realignment of procurement system maximizes productivity by ensuring the production lines work in tandem with each other.There should be a complete desegregation of the chronicle management and the procurement system to ensure an effective supply chain management. There ate quadruple pregnant purposes that are expected to achieve by the integration of the inventory management and the procurement process they areWith the use of any readily available ready reckoner software the integration of the inventory management and procurement could be easily achieved. ... Integration of Inventory Management and Procurement SystemThere should be a complete integration of the inventory management and the procurement system to ensure an effective supply chain management. There ate four important purposes that are expected to achieve by the integration of the inventory management and the procurement process they are(1) Cost savings in inventory(2) rule over the inventory (3) Reduction and control of production cycle time and (4) Improved customer atonement (Oracle)All the above purposes are considered the essence of an effective supply chain management and hence it is important the inventory management and procurement system of the company is integrated. With the use of any readily available computer software the integration of the inventory management and procurement could be easily achieved. With this integration the company would be able to procure materials according to production demands and the delivery time can be calculated every hour for an efficient movement and usage of stock.The company can monitor inventory information at every stage of the production cycle, including the required amount for a particular order, quantity ordered, actual tape transport amounts, and delivery dates. There will be a possibility of reducing the value of inventory held at the warehouse. Production provision SystemIntroduction of an integrative Manufacturing Planning and Control System would ensure that the sought after products are manufactured at the right time, in the right quantities, meeting the customer specifications and at stripped cost.The major elements in an integrated system includeDemand ManagementAggregate Production PlanningMaster Production SchedulingRough-cut Capacity