ACTIVITY 2

VINCE KARL LESTE

LET’S PRATICE

1. WHAT ACTIVITIES ARE PERFORMED IN THESE POINTS?

-SUPPLIER MANAGEMENT

2. HOW CAN YOU IMPROVE THIS INDIVIDUALS ROLES?

- Implement a team approach for supplier management

In using a team approach, all functional areas responsible for various aspects of supplier
performance are brought together under a central work structure. In these teams, buyers are
usually team leaders. Depending on how big and complex the supply chain is, quality, logistics,
planning, engineering and other groups are brought into the team structure. To function well,
these teams must be permanent. These should not be temporary assignments to work on and
meet a set of short-term targets. On the contrary, team members should share supplier
management targets and plans. In other words, members learn and work together to improve
suppliers. The complexity of modern supply chains demands more resources than most
purchasing organizations have, but the gains from using this team approach are enormous.

3. PROVIDE PERSONAL EXPERIENCE IN SELECTING SUPPLIERS

-for me, choosing suppliers is challenging since there are so many requirements. Finding a
reputable supplier might be difficult because some could offer unreliable materials and harm
your company's reputation. It is beneficial to establish communication skills, present accurate
information, and reach an agreement that will benefit both parties.