Study Of Supply Chain Management

  • June 2020
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  • Words: 244
  • Pages: 13
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.

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