Supply Chain Management case study Example | Topics and Well Written Essays - 500 words

Supply Chain Management - Case Study Example Another supplier evaluation research is carried out on the potential suppliers to ensure nothing has been overlooked before making a final decision. Selection of the supplier, negotiations and sending out the RFPs is done at this stage. Selecting the best source and integrating any conflicts in order to ensure the contract will be workable and finally is the monitoring of the supplier through the FedEx Supplier Scorecard system. The supply chain management comprises of a team of individuals assigned different roles and different suppliers to handle. Only one individual associate from the group is assigned to every supplier. The work of the associates is to take responsibility and oversee all the ground work necessary including being in charge of the research and profiling. They are also tasked with the responsibility to manage and nurture the relationship with the suppliers as well as ensuring that the needs of FedEx are well taken care of by the suppliers. They also keep close tabs with the happenings in the market and the other suppliers as well and any changes initiate their renegotiation with their current suppliers. This is carried out to prevent them from being short changed or losing out on new innovations and deals that will make them lose out the competitive advantage they currently hold in the industry. They also handle the decisions revolving around strategic management which means they coordinate the supplier and engineering groups as well as dealing with any challenges brought about by the sourcing process. Yes. The first step of the process that includes research and profiling is carried out by almost all the companies before selecting the best suppliers in the market. This is important for all the companies to doing order to eliminate frauds in the market, ensure they get a good bargain and deal for their money as well as being provided with only the best as long as they can