Bro. Kunzler/ Whitesides - Video Notes
- Input is coming into the company
- Purchasing
- Realastate location
- Warehouse location
- Optimize the business to become as efficient as possible
- The interface between your business and your customers
- Delivering product at the right time
- Right quantity
- Right quality
Ex-sponging is one of the areas that is least understood. Business supply chain is:
- Understand what your customers really need in terms of products, in terms of timing, pricing,
- Coordinating all of the activities and processes that are required from your end suppliers and making sure everything is delivered and coordinated correctly so your customers and their customers (down the chain) get what they want or what they need when they want it or need it and at the right price.
Supply management includes
- Technology
- Organization
- People
- Equipment
- Communication
There is a really close connection with Marketing because we are trying to understand what the customer's needs (down the chain) are and how do we satisfy those needs from an operational standpoint. Also whenever a new product is developed or new services invented its not that you are developing the product you are also supplying the Supply chain
There is a close connection with engineering with product development.
One of the main goals of Supply chain is to find out how to trim out cost and to keep those low ---clear connection with finance.
Personalities to work in the supply chain:
- Analytical
- Negotiation skills (most important is communication)
- Being able to work with all different levels of people within the organization
- Networking
Don't look for the money it will materialize. Match your personality with the job you are seeking.
it's all about what excites you and what goals and aspirations do you have.
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