Professional Documents
Culture Documents
BSA 2-1
Supply chain management it is a process of which integrating the supply and demand management, not
only within the organization, but also across all the various members and channels in the supply chain.
Having partnership with the supplier, it benefit the business in some way like loyalty, discounted price
of the materials, and or having some bonus products. The better you know your suppliers, and the
better they know you, the more likely you are to benefit from dedicated service, preferential pricing and
special terms.
The purchasing function is to ensure continuity of supply of raw materials, sub-contracted items and
spare parts and to reduce the ultimate cost of the finished goods. The objective is not only to procure
the raw materials at the lowest price but to reduce the cost of the final product.
8. What is Suppliers Management Operations Strategy?
- It is plan by management team of an organization to allocate and funding the business not only
that it is also concerned with the entire system that produces a product or delivers a service.
9. Give some features of Total Quality Management.
- Customer focus it emphasis in meeting the requirement of both internal as well as the external
customer.
- Continuous process is made to improve the quality, and to reduce internal costs.
- Employees involvement it involves everyone from management director to the junior clerk in
organization.
- Defect-free Approach emphasis on the defect-free work most of the time.
Quality management is the act of overseeing all activities and tasks needed to maintain a desired level of
excellence.
Quality control is a process through which a business seeks to ensure that product quality is maintained
or improved.
TQM views quality as conformance to internal requirements, Six Sigma focuses on improving quality by
reducing the number of defects.
ISO 9000 standard is a description of a quality management system. It is to provide organizations with
the guidance and tools needed to ensure that their products and services meet external requirements
and drive consistent quality improvement.