Vendor Management Office (VMO)

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Ed Kerbs

Business Economy & Finance

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The introduction gives a brief outline of research in the field of CSCM and its current status. This is followed by a review of literature focused on supply chain performance for process-based industry, project-based industry and project-based construction industry to highlight critical questions that elude managers of CSCM for representing, analysing and configuring supply chains. The research methodology adopted in this study is applying qualitative approach of triangulation involving foundational research and Soft Systems Methodology for validating a system of complex CSC. The study explores important phases of CSC, major problems, complexities and linkages. The concurrent viewpoints about various dimensions of CSCM have been put forth in this study in terms of several characteristics in order to provide a constitutional definition. The basic argument is to evolve a balanced normative theory that can deal explicitly both with the contents and contexts of the system and can reorient professionals towards dealing with the system more effectively to attain the socio-economic goals of the emerging era of competition and collaboration.

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While procurement and supply chain management are closely related, they are not one in the same. Procurement is defined as the process of acquiring goods and services that your company needs to fulfill its business model. This entails a variety of other services such as contract negotiation, financing and more. Supply chain management is every activity involved in putting products in the hands of consumers. It includes a variety of supply chain operations such as manufacturers, wholesalers, transportation providers and more. While these two functional groups are intended to work in conjunction, many times the supply chain as a whole suffers from a lack of procurement-SCM collaboration. SupplyChain247.com recently published an article detailing the six functional procurement areas that can be improved by considering supply chain issues. These areas include: demand planning, inventory planning, leadtime optimization, product lifecycle management, footprint design and capacity planning. Working with supply chain managers to improve these areas can result in notable supply chain improvements. The top five benefits business realize when procurement and supply chain managers work together are supply chain risk reductions, improved customer satisfaction, cost reductions, improved flexibility and improved supplier relationships. The most advanced and efficient supply chain utilize technology in order to improve collaboration between these groups. The most frequently used technology is electronic data interchange (EDI), automated data collection (ADC) and warehouse management software (WMS). These three technologies can improve communication and available inventory data to make the procurement-SCM relationship operate seamlessly. Make the most of your functional teams by giving them all of the tools they need to work together to meet a common goal. To learn more about the importance of the procurement-supply chain management relationship and how to improve it contact Datex experts today at marketing@datexcorp.com or 800.933.2839 ext 243.

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“It is not possible to manage what you cannot control and you cannot control what you cannot measure!” (Peter Drucker) Performance measurement is a fundamental principle of management. The measurement of performance is important because it identifies current performance gaps between current and desired performance and provides indication of progress towards closing the gaps. Carefully selected key performance indicators identify precisely where to take action to improve performance. This paper deals with the identification of key performance indicators for the maintenance function, by first looking at the ways that maintenance performance metrics relate to manufacturing metrics. Since performance measurements for maintenance must include both results metrics and metrics for the process that produces the results, this document presents a representation for the business process for maintenance. The document then identifies typical business process and results metrics that can be used as key performance indicators for the maintenance function.

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