Global Supply Chain Management Procurement Personnel Essay

Global Supply Chain Management procurement personnel usually have an intricate and dynamic understanding of Purchasing, Operations and Logistics. They also are well versed in Technology, the Currencies and exchange rate of the country doing business with, the Regulations on business ethics, The culture of the land and its companies all within the infrastructure of its business and using all the resources available at the global level. Supply Chain product distribution involves interaction with demand forecasting and planning of events such as staging and managing transportation scheduling with various 3PL companies. Based on the best value currently, shippers identify the best of the contractors and suppliers who meet the value and quality along with the pricing and services provided. However, most companies like to build a long-term relationship with their 3PL and include them in the planning phase of the business. The team will have interactions on a global stage (National Inter nal contractors suppliers) worldwide. The main focus is getting the right product and quantity delivered in the right condition to the right address at the right time to the right customer and most important at the right price. Process of transporting, warehousing, Logistics, 3PL/4PL and the Reverse logistic based on the premise of enhanced supply chain visibility through information and risk sharing, collaboration continues to simultaneously represent one of the biggest opportunities, andShow MoreRelatedProcurement: Purchasing Management Association1205 Words   |  5 PagesIntroduction to Procurement Introduction  to  Procurement     Quiz  #  1   True/False  (1  mark  per  question)   1.   Competition  today  is  no  longer  between  firms;  it  is  between  the  supply  chains  of  those  firms.   True  Ã‚   False   2.   There  is  a  definitive  and  prescriptive  set  of  supply  chain  measures  that  applies  to  all  supply  chains.   True   False  Ã‚   3.   The  knowledge  and  skills  demanded  of  today’s  supply  professional  is  the  same  as  before.   True  Ã‚   False   4.   The  key  to  the  success  of  any  company  is  the  quality  of  its  employeesRead MoreChap12 Ais1343 Words   |  6 Pagessponsoring company. 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