actors affecting the application of an efficient supply management system.
ABSTARCT :
Supply management systems are integral to the smooth functioning of modern businesses, playing a vital role in coordinating the flow of goods, services, information, and finances from suppliers to end customers. An efficient supply management system ensures that materials are procured at the right quality, quantity, time, and cost, thereby optimizing operational performance and contributing to overall organizational success. However, the application and effectiveness of such systems are influenced by a multitude of actors, each contributing to or hindering the system’s efficiency. Understanding these actors and their roles is essential for organizations aiming to implement or improve their supply management processes.
The actors affecting supply management encompass a diverse range of stakeholders, including internal departments, external suppliers, logistics providers, technology vendors, and regulatory bodies. Internally, departments such as procurement, production, finance, and logistics must collaborate closely to ensure seamless operations. Procurement teams negotiate contracts and manage supplier relationships, while production units require timely availability of materials to meet manufacturing schedules. Finance departments oversee budget allocation and cost control, and logistics teams coordinate transportation and warehousing, each influencing the supply management system’s efficiency.
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