MNP3701 Strategic Sourcing (MNP3701)

Introduction to Purchasing and Supply Chain Management – Chapter 1 Chapter Overview  A new competitive environment  Why purchasing is important  Understanding the language of purchasing and supply chain management  The supply chain umbrella  Four enablers of purchasing and supply chain management  The evolution of purchasing and supply chain management  Looking ahead A New Competitive Environment  Increasing numbers of world-class competitors  Sophisticate...

MNP3701_ Strategic Sourcing_ Exam Notes. Supply Management and Commodity Strategy Development Chapter Overview  Aligning supply management and enterprise objectives  What is a category strategy?  Category strategy development  Types of supply management strategies  E-reverse auctions  Evolving sourcing strategies Aligning Objectives  What markets will the firm compete in, and on what basis?  What are the long-term and short-term business goals?  What are the...

MNP3701 – Strategic Sourcing SU 1 CH 1: Intro to Purchasing & Supply Chain M (P& SCM) 1.1 New Competitive Env  Incr numbers of world-class competitors (domestically & internationally)  Forced orgs to improve internal process  Sophisticated cust (industrial & cons) demand price reductions  Info available over internet alters balance btwn buyers & sellers  Abundance of comp & choice have cond cust to want higher quality, faster delivery & tailored prods  Social media s...