Ethical Sourcing: Difference between revisions

From Wikistudy.ByJuho.fi
(moving SCM to article Logistics and SCM)
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= SCM =
= SCM =
{{Q|'''Supply chain management''' ('''SCM''') is the management of an interconnected or interlinked between  network, channel and node [[w:business|business]]es involved in the provision of [[w:Product (business)|product]] and [[w:Service (economics)|service]] packages required by the end customers in a [[w:supply chain|supply chain]].|Wikipedia|[[w:Supply chain management|Supply chain management]]}}
[[Logistics and SCM]]
 
{{Q|'''Toimitusketjun hallinta''' (Supply Chain Management, SCM) tarkoittaa tavaroiden toimituksen ja palveluketjun optimointia. Kaikkien toimitusketjun osapuolien; toimittajien, jakelijoiden, alihankkijoiden ym. liikekumppaneiden yhdistämistä ja koko ketjun tehokasta hallinnointia. Tavoitteena on lisätä kaikkien jäsenten välistä kommunikointia ja siten alentaa kustannuksia, lisätä myyntiä ja tehostaa asiakaspalvelua.
|Suomenkielinen Wikipedia|[[w:fi:Toimitusketjujen ja logistiikan hallintajärjestelmä|Toimitusketjujen ja logistiikan hallintajärjestelmä]]}}
 
== Week 36 ==
 
* '''[[w:Raw material|Raw material]] [[w:Resource extraction|extraction]]''' and [[w:supplier|supply]]
 
* '''Component [[w:manufacturer|manufacturer]]s'''
 
* '''[[w:Final product|Final product]]''' manufacturers
 
* [[w:Reverse logistics|Reverse logistics]] is also needed in SCM ( already discussed in [[Logistics]] )
 
* '''[[w:Value chain management capability|Value chain management capability]]''' refers to an organisation’s capacity to manage the internationally dispersed activities and partners that are part of its [[w:value chain|value chain]]. ( Wikipedia )
 
::* '''[[w:Value chain|Value chain]]''' is a chain of activities that a firm operating in a specific industry performs in order to deliver a valuable [[w:product|product]] or [[w:Service (economics)|service]] for the [[w:market|market]]. ( Wikipedia )
 
'''4 strategic decisions'''
 
# What [[w:modes of transport]] to use ?
# What [[w:carrier|carrier]]s in each mode will the use ?
# Own [[w:fleet]] or hire outsiders ?
# Will the company manage transportation operations or [[w:Outsourcing|hire a 3rd party]] ?
 
* '''[[w:Just in time (business)]]''' ('''JIT''') is a production strategy that strives to improve a business [[w:return on investment|return on investment]] by reducing in-process [[w:invent ory|inventory]] and associated [[w:carrying cost|carrying cost]]s. ( Wikipedia )
 
*'''[[w:Fleet vehicles|Fleet vehicles]]''' are groups of [[w:motor vehicle|motor vehicle]]s owned or leased by a business or government agency, rather than by an individual or family. Typical examples are vehicles operated by [[w:Car rental|car rental companies]], [[W:Taxicab|taxicab companies]], [[w:Public utility|public utilities]], public bus companies, and police departments. In addition, many businesses purchase or lease fleet vehicles to deliver [[w:good (economics)|goods]] to customers, or for sales representatives to travel to clients. ( Wikipedia )
 
* '''[[w:International]] logistics''' vs.
* '''[[w:Global sourcing|Global sourcing]]''' is the practice of [[w:sourcing|sourcing]] from the global market for goods and services across [[w:geopolitical|geopolitical]] boundaries. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service. These efficiencies include low cost skilled labor, low cost raw material and other economic factors like tax breaks and low trade tariffs. ( Wikipedia )
 
== Week 39 ==
* '''[[w:Purchasing|Purchasing]]''' refers to a business or organization attempting to acquiring goods or services to accomplish the goals of its enterprise. ( Wikipedia )
 
* A '''[[w:purchase order|purchase order]]''' ('''PO''') is a [[w:Trade|commercial]] document and first official offer issued by a [[w:buyer|buyer]] to a [[w:vendor (supply chain)|seller]], indicating types, quantities, and agreed prices for products or services the seller will provide to the buyer. Sending a purchase order to a supplier constitutes a legal offer to buy products or services. Acceptance of a purchase order by a seller usually forms a [[w:contract|contract]] between the buyer and seller, so no contract exists until the purchase order is accepted. ( Wikipedia )
 
 
World class purchasing must accomondate
* '''[[w:Total quality management|Total quality management]]''' / '''TQM''' is an integrative philosophy of management for continuously improving the [[w:Quality (business)|quality]] of products and [[w:business process|processes]]. ( Wikipedia )
 
* '''[[w:Just in time (business)|Just in time]]''' ('''JIT''') is a production strategy that strives to improve a business [[w:return on investment|return on investment]] by reducing in-process [[w:inventory|inventory]] and associated [[w:carrying cost|carrying cost]]s. ( Wikipedia )

Revision as of 19:02, 4 April 2014

  • Ethics, also known as moral philosophy, is a branch of philosophy that involves systematizing, defending and recommending concepts of right and wrong conduct.”

    ~ Wikipedia on Ethics




HRM

Human resource management (HRM, or simply HR) is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture and ensuring compliance with employment and labor laws.”


Week 35

  • w:Employer branding Employer brand denotes an organisation's reputation as an employer. The term was first used in the early 1990s, and has since become widely adopted by the global management community.Minchington (2005) defines employer brand as "the image of your organisation as a 'great place to work'". Employer branding is concerned with enhancing your company's employer brand. ( Wikipedia )
  • w:Recruitment, w:fi:Rekrytointi, refers to the process of attracting, screening, selecting, and onboarding a qualified person for a job. At the strategic level it may involve the development of an employer brand which includes an 'employee offering'. ( Wikipedia )
  • w:Training and development is the field which is concerned with organizational activity aimed at bettering the performance of individuals and groups in organizational settings. It has been known by several names, including human resource development, and learning and development. ( Wikipedia )
  • Remuneration is the compensation that one receives in exchange for the work or services performed. Typically, this consists of monetary rewards, also referred to as wage or salary. A number of complementary benefits, however, are increasingly popular remuneration mechanisms. ( Wikipedia )

Week 38

“A collective agreement or collective bargaining agreement (CBA) is an agreement between employers and employees which regulates the terms and conditions of employees in their workplace, their duties and the duties of the employer. It is usually the result of a process of collective bargaining between an employer (or a number of employers) and a trade union representing workers.”

~ Wikipedia on collective agreement


Week 40

Caroll's pyramid of CSR

  1. Philantrophic (responsibilities)
  2. Ethical (responsibilities)
  3. Legal (responsibilities)
  4. Economics (responsibilities)

“The United Nations Global Compact, also known as Compact or UNGC, is a United Nations initiative to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The Global Compact is a principle-based framework for businesses, stating ten principles in the areas of human rights, labour, the environment and anti-corruption.”



Week 47

  • Performance management includes activities which ensure that goals are consistently being met in an effective and efficient manner. Performance management can focus on the performance of an organization, a department, employee, or even the processes to build a product of service, as well as many other areas. ( Wikipedia )
  • Recruitment refers to the process of attracting, screening, selecting, and onboarding a qualified person for a job. At the strategic level it may involve the development of an employer brand which includes an "employee offering". ( Wikipedia )
  • Personnel selection is the process used to hire (or, less commonly, promote) individuals. Although the term can apply to all aspects of the process (recruitment, selection, hiring, acculturation, etc.) the most common meaning focuses on the selection of workers. ( Wikipedia )

SCM

Logistics and SCM