Current segment
Segment 1.5 Developing Supply Chain Management
Segment 1.5 Developing Supply Chain Management
Knowledge: Will know and understand | Capabilities: Will be able to |
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Sources of competitive advantage such as low cost, sources of differential advantage such as innovation, product/service range, brand image and customer care |
Ensure the procurement and supply function aligns with the achievement of the organisation's sources of competitive advantage |
TMethods of value creation that can be achieved from effective supply chain management through:
|
Create and implement plans with stakeholders to increase value from supply chain management |
The methods to develop integrated supply chains, supply networks and supply chain management |
Liaise with stakeholders to develop supply chains, supply networks and supply chain management |
The benefits and risks of using collaborative and competitive strategies for improving supply chain management |
Work with stakeholder to develop and implement appropriate strategies and plans for improving supply chain management and promote their use |
The main risks that can impact on supply chains and how they can be mitigated |
Work with stakeholders to mitigate or manage risks that can impact on supply chains |
The importance and application of the standards and legislation that apply to bribery, corruption and fraud in organisations |
Work with stakeholders to eliminate bribery, corruption and fraud in supply chains |
The effective use of communication technologies to achieve business outcomes |
Guide stakeholders to use technologies that help effective communication to support the achievement of supply chain business outcomes |
Sources of competitive advantage such as low cost, sources of differential advantage such as innovation, product/service range, brand image and customer care
Ensure the procurement and supply function aligns with the achievement of the organisation's sources of competitive advantage
TMethods of value creation that can be achieved from effective supply chain management through:
- Reducing prices and total costs
- Improving quality
- Reducing time to market and achieving deliveries to required timescales
- Creating innovation
- Reducing risk and supply chain vulnerability
- Promoting sustainable procurement
Create and implement plans with stakeholders to increase value from supply chain management
The methods to develop integrated supply chains, supply networks and supply chain management
Liaise with stakeholders to develop supply chains, supply networks and supply chain management
The benefits and risks of using collaborative and competitive strategies for improving supply chain management
Work with stakeholder to develop and implement appropriate strategies and plans for improving supply chain management and promote their use
The main risks that can impact on supply chains and how they can be mitigated
Work with stakeholders to mitigate or manage risks that can impact on supply chains
The importance and application of the standards and legislation that apply to bribery, corruption and fraud in organisations
Work with stakeholders to eliminate bribery, corruption and fraud in supply chains
The effective use of communication technologies to achieve business outcomes
Guide stakeholders to use technologies that help effective communication to support the achievement of supply chain business outcomes
This segment was last updated on: 5th November 2024