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New to Supply Management.
Describe what you would do at the first day of your job in a purchasing and supply management function.
Describe three (3) kinds of information and data that you believe would help you as an inexperienced newly hired associate of a purchasing and supply management function. This can pertain to organizational resources or external resources. Explain how this information and/or data can benefit and advance the first time, new associate.
2-respond
New to Supply Management.
Describe what you would do at the first day of your job in a purchasing and supply management function.
Describe three (3) kinds of information and data that you believe would help you as an inexperienced newly hired associate of a purchasing and supply management function. This can pertain to organizational resources or external resources. Explain how this information and/or data can benefit and advance the first time, new associate.
Upon my first day as a new hire in purchasing and supply management position I would look to gain two primary understandings. The chain of command in the company and the system or process as it exists at that time. Although most companies have a common chain of command this is something that as a purchaser is very important to know clearly. By learning who reports the information to you and who you then need to report that information to will allow a purchaser to save time from repeating steps done by others and avoid stepping on other peoples toes. Gain an understanding of the system in place takes a simple view of what they have been doing has worked to this point so it gives a starting point from which to grow.
Three main points that would need to be known as a new hire is who, what, and how much. The who looks at both sides who are the current suppliers and who is using the supplies, by understanding this you can start to develop a big picture of the required flow to the business. What can be very detailed or general, What refers to what supplies are you responsible for and what areas of the company are you responsible for. The How much although may take time to get a feel for you need to understand the concept of volume for the materials and supplies to best do your job. As a four very important point that needs to be known as a new hire and at times the most important is Where the restrooms are located.
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Purchasing and Supply Management Contribution.
Explain and describe two (2) areas or ways you feel supply management contributes to meet organizational success. Choose any areas from our Chapter 1 reading this week to base your response on and share why you selected those areas as important contributions for a business.
4-respond
The first area that I feel contributes more than 50% to the success of an organization would be Risk Management. Having a contingency plan in place, allows individuals the ability to assess tradeoffs that could impact the budget, schedule, or performance. In example, raw material supplier runs out of a required item and due to time restraints on the project, the organization is forced to purchase items above market rate from a new supplier. Having at least (3) suppliers available as back-ups, which have already been pre-screened: they provide same service or product, delivery capabilities, and compatible prices, will avoid supply delays.
The second area that I feel contributes the other 50% to the success of an organizations would be customer satisfaction. In this day and time word of mouth is how many companies become staples in a competitive market. The primary reason businesses operate is to provide a product or service that enhances value for the end user (the customer). If customers are happy and satisfied with the product or services being provided it can indirectly secures future businesses opportunities. However, if customers are not satisfied it will quickly destroys follow-on work. Keeping the business customer centered, anticipating customer needs, streamlining processes to make them customer friendly, and listening to customer feedback contributes directly to meeting organizational success.