Purchasing and procurement in supply chains Essay

Purchasing and procural in supply reachs - Essay ExampleThus, this study was initiated to investigate the application of supply chain management strategy in Boeing Company. The choice of Boeing is based on its strategic position in the aircraft manufacturing vault of heaven and the series of problems it faces of late. Using, appropriate theoretical framework, deduced from the work of previous researchers, the company was diagnosed, and the supply chain and suppliers relationship mapped out. Porters observe chain framework also help us develop any(prenominal) feedback and the way forward where some value drivers, core competences and war-ridden advantage were identified. Having suppliers dotted all over beas and the need to link them by a common data base was emphasized. The report of calls on top management to successfully even up Porters value chain to suit its need. Our recommendation is for customers and suppliers to be effectively integrated into the value chain, where co nsumers become Pro-sumers and suppliers are turned into consumers.The existing relationship with partners, suppliers, and customers should be turned in to a long term collaborationism relationship. Boeing should integrate its logistics, procurement, operations, and marketing functions with other supply chain members so that materials, information, component parts, and finished product take to the woods seamlessly from point of origin to final customer at low unit cost and at gritty levels of service (Christopher 1992).Supply chain management (SCM) is a strategic tool employed by array day business to efficiently integrate suppliers, manufacturers, warehouses, and customers so that merchandise is produced and distributed at the right quantities, to the right locations, and at the right time in order to minimize system wide costs while fulfil service-level requirements ( Cheng, Lai & Gunasekaran 2006). In the 90s, SCM gained momentum and received due attention from practitioners and researchers. It has become present day managerial competitive weapon