WTTIL Study Of Supply Chain Management
Supply Chain Management • • • •
SAP-system application program. Company tries to satisfy customer needs. ERP- enterprise resource planning. ERP is integration of financial, manufacturing, and human resources on a single computer system. • Sharing of information across all departments.
Contd… • Transaction pre defined codes. • Technical id… • WBSE (work break down structure element).
Supply Chain Management The Process
Process • • • •
Procurement of raw material Transformation of raw material Finished product Distribution of raw material
Functions Of SCM • • • • •
Support the project Identification of vendor Evaluation of vendor Allotment of work to be done by vendor Assessment of vendor
Support the project • • • •
Selection of site. Land acquisition. Agreement preparation & forwarding. Unsettlement
Identification of vendor • • • •
Potential vendors. Request for quotations Best three vendors Letter of content
Evaluation of vendors • Bidding process • Purchase order is sent to vendor. • Specifications & late delivery clause.
Allotment of work to be done by vendor • Allotment of work • Periodic review • Amendments
Assessment of vendor • Assessing of work • In case of discrepancies 5% per value is charged subject to a maximum of 5% of maximum value. • Team of engineers • Beginning of work in progress.
Contd… • After installation of towers the vendor raises invoice. • All the payments are made after inspection • Third party involvement.