GMS 701 Lecture Notes - Lecture 1: Espn Bottomline, Strategic Business Unit, Matrix Management
Document Summary
You can either be the seller or the buyer. Buyer is also known as procurement (ex: procurement specialist) Procurement position is very important in an organization and they are paid very well. The design and management of seamless, value-added processes across organizational boundaries to meet the real needs of the end customer. The development and integration of people and technological resources are critical for successful supply chain integration. Characteristics of an integrated strategic procurement and sourcing function. Executive leadership: executive committee support for integration across company and strategic business unit corporate plans, think city of calgary (5 different depts. Functional leadership: company-wide customer-focused leadership, establishes integrated visions and works at results and processes, drives supply base/supplier management strategies company-wide. Strategic positioning: external/internal customer focus, matrix management, high-level positioning, second, third, or fourth levels. Integration: cross-functional, cross-location teaming, part of the technology, manufacturing and strategic business unit (sbu) planning process.