Supply Chain Management Reviewer

Is the network of all the individuals, organizations, and resources involved in the creation and sale of the product.

It is an integral part of supply chain

It is by acquisition of payment of money or its equivalent or where money is spent in an organization

It carries out all business transaction related to procurement

Its a department that identifies requirements and manages suppliers

It is the strategic portion of supply chain management

It is the stage where you choose the supplier

This is the manufacturing step where you schedule the activities

This is also referred to as "logistics"

This is also referred to as the "problem" part of supply chain management

It is a part of purchasing department where the decision and execution is centralized

It is a part of purchasing department where there are multiple physical locations and its each is making their own purchasing decision

It is a part of purchasing department where many firms operation several plants who’s geographical may not be too widely scattered and whose products and material requirements may cover many similar parts and materials used in common and in large quantities, may adopt this purchasing approach

Uncertainties and complexities causing supply chain management disruptions

Monitors personnel management, customers, and suppliers

Is the strategic, digitalized approach to traditional procurement.

Five (5) Components of Supply Chain Management

SIX (6) CORE PURCHASING STRATEGIES

THE FIVE (5) E-TOOLS THAT REPLACES TRADITIONAL PROCUREMENT

7R’s (Purchase Parameters)

THE THREE (3) MAIN ePROCUREMENT MODEL ALTERNATIVE FOR BUYERS

THE FIVE (5) RIGHT OF ePROCUREMENT

PhilGEPS three (3) taglines in the logo

FIVE (5) ROLES OF PURCHASE ORGANIZATION IN A BUSINESS

THE FOUR (4) COMPONENTS OF E-PROCUREMENT

Competition is no longer between company, but between supply chains

The complexity of the problem to globally optimize supply chain is significant

Supply Chain is the acquisition of all the individuals, organizations, and resources involved in the creation and sale of the product.

Purchasing Department carries out all the business transaction related to procurement

Supply Chain reduces lead time gap

PhilGEPS stands for Philippines Goverment Electric Procurements System

Sourcing is also referred to as the problem of supply chain management

It is important to have the right price in E-Procurement