The strategic role of Supply chain management in manufacturing industry
Title: The strategic role of Supply chain management in manufacturing industry
Category: Business & Economy / Management
Details: Words: 2679 | Pages: 11.4 (approximately 235 words/page)
The strategic role of Supply chain management in manufacturing industry
I Introduction
As a manufacturing company in UK, we spend over 50 % of our sales on purchases. Because such a high percentage of an organization's costs are determined by purchasing, relationships with suppliers are increasingly integrated and long-term. Joint efforts that improve innovation, speed design, and reduce costs are common. Such efforts can dramatically improve both partners' competitiveness. Consequently, a discipline known as supply-chain management has developed.
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…showed last 75 words of 2679 total…may not run as efficiently through the production process as the one from the original supplier. Purchasing's measure of material variance is favourable, but the manufacturing facility is recognizing added costs in downtime, maintenance, etc.
Measurements must be designed to look across the supply chain and become process objectives. Included in that process is the internal structure of the supply chain which often is causing as much confusion /cost as external portions of the chain.
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