Supply Chain Part 1 Flashcards
What SSO stands for?
Shared Services Organization
Describe the mission of the SSO
The mission of the Shared Services Organization (SSO) is to provide internal support services at superior levels of quality and efficiency and to enhance our competitive advantage by leveraging our size, capabilities and expert talents.
Who is involve on supply chain? (8)
- Procurement and Sourcing
- Category Management
- Supplier Management
- Contract Management
- Facilities Management
- Logistics
- Trade Control and Compliance
- Materials Management
What are the 4 key pillar on supply chain organization?
- Procurement and sourcing
- Materials Management
- Logistics
- Facilities
What Sourcing is responsible for?
Setting up contracts with suppliers (with considerations for price, lead times, quality, etc.)
What Procurment is responsable for?
Executing requisitions and orders for delivery in response to a specific need, assuring products are purchased at agreed price, etc.
Describe Material Management (3 part discipline)
Materials Management is a three part discipline that
(1) Optimizes the flow of goods within a warehouse including the pick / count / putaway / receiving movements
(2) The streamlining of the transactions associated with those flows and
(3) the development of materials planning based on current and future demand requirements.
Describe Logistics
Logistics is the management of the flow of goods between the point of origin and the point of consumption. Includes Import/Export
Describe Facilities
Facilities Management involves all related processes to manage the facility life cycle, including: Property Management, Real Estate, Engineering & Construction, Maintenance & running, Closing & Disposal.