This PPT slide, part of the 49-slide Best Practices in Direct Material Procurement PowerPoint presentation, outlines the implementation of IT solutions by a datacom manufacturer, specifically targeting the production phase of the procurement process. It is structured in a linear format, illustrating various stages from procurement strategy design to supplier development. Each stage is accompanied by specific activities that highlight the operational focus of the manufacturer.
Starting with procurement strategy design, the emphasis is on identifying innovative materials and technologies, quantifying total cost of ownership, and surveying supply markets. This foundational step sets the stage for effective supplier selection, where strategies for awarding contracts and assessing suppliers are crucial. The slide indicates a collaborative approach in the supplier selection phase, particularly in jointly designing and developing new products.
Material specification follows, where the focus shifts to specifying material requirements and managing specification changes. This is essential for ensuring that the materials meet production needs effectively. The forecasting section emphasizes the importance of long-term planning, with activities aimed at tracking inventory levels and production schedules to inform procurement decisions.
Procurement and fulfillment are depicted as critical stages where tracking order status and managing inbound transportation are key activities. The slide suggests a systematic approach to testing products and initiating payments, ensuring that the procurement process is both efficient and accountable.
Finally, in supplier development, the focus is on continuous measurement of supplier performance. This proactive approach aims to identify suppliers needing improvement and provide them with the necessary support to enhance their capabilities. Overall, the slide illustrates a comprehensive strategy for integrating IT solutions into the procurement process, emphasizing collaboration, efficiency, and continuous improvement.
This slide is part of the Best Practices in Direct Material Procurement PowerPoint presentation.
EXPLORE MORE SLIDES FROM THIS PRESENTATION
EXPLORE MORE PRESENTATIONS ON
Procurement Strategy Continuous Improvement Best Practices Transportation Production
Flevy is the world's largest knowledge base of best practices.
Leverage the Experience of Experts.
Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.
Download Immediately and Use.
Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.
Save Time, Effort, and Money.
Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.
