SCM 2220 Lecture Notes - Lecture 4: Outsourcing, Reverse Logistics

• School: University of Manitoba
• Department: Supply Chain Management
• Course: SCM 2220
• Professor: Changmin Jiang

Document Summary

Supply chain council"s supply chain operation reference has 5 forces to manage the entire supply chain process. Source: selecting suppliers, establishing policies, scheduling deliveries, and assessing performance. Primary operating cost, just in time delivery has emphasized the improved relationship, new it has made it possible to high storage and tracking information for improved relations, and more educated and competent managers in supply arena. Supplier selection is the most important step in purchasing process. Recognition and description of need (purchase requisition) supplier selection . Determination of price purchase orders (blanket order) follow ups and expedition . Receipt and inspection payment supplier performance monitoring, current status of pos, measuring against the selected criteria, information on each part, information on all contracts and relationships (how much the volume is left). Care needs to be taken that the information is accurate. Knowledge management: commodity expertise, understanding suppliers capacities and capabilities, and understanding upstream suppliers.