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§Supplier Management Process would include the goal of ensuring supplies at the best cost and terms, depending on whether it is a tactical purchase, a strategic buy, a negotiated purchase, or an engineered item.
§Internal Supply Chain Process includes a number of activities with respect to receiving, conversion and dispatch of finished goods.
§Channel Management: It is important to note linkages in distribution with multi-tier arrangements, depending upon the type of products moved.
§Customer Relationship Management: The focal organization orients itself to synchronize its role agents and processes to serve its customers. Customer delight happens only if the product meets the customers' satisfaction in terms of time, quantity, responsiveness and cost.
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What is management in general?
Management is a pervasive activity and a process to utilize effectively and efficiently all available resources and accomplish the desired plan objectives of a micro or macro unit organisation.
Difference between macro and micro?
Macro is big micro is little
What are strategic management processes?
Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It is the process of specifying the organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. It is the highest level of managerial activity, usually formulated by the BOD and performed by the organization's CEO and executive team. Strategic management provides overall direction` to the enterprise. "Strategic management is an ongoing process that assesses the business and the industries in which the company is involved; assesses its competitors and sets goals and strategies to meet all existing and potential competitors; and then reassesses each strategy annually or quarterly [i.e. regularly] to determine how it has been implemented and whether it has succeeded or needs replacement by a new strategy to meet changed circumstances, new technology, new competitors, a new economic environment., or a new social, financial, or political environment." (Lamb, 1984)http://www.answers.com/topic/strategic-management?cat=biz-fin#wp-_note-1 Strategic management is a combination of three main processes which are as following: * Performing a situation analysis, self-evaluation and competitor analysis: both internal and external; both micro-environmental and macro-environmental. * Concurrent with this assessment, objectives are set. This involves crafting vision statements (long term view of a possible future), mission statements (the role that the organization gives itself in society), overall corporate objectives (both financial and strategic), strategic business unit objectives (both financial and strategic), and tactical objectives. * These objectives should, in the light of the situation analysis, suggest a strategic plan. The plan provides the details of how to achieve these objectives. This three-step strategy formulation process is sometimes referred to as determining where you are now, determining where you want to go, and then determining how to get there. These three questions are the essence of strategic planning. * Allocation of sufficient resources (financial, personnel, time, technology support) * Establishing a chain of command or some alternative structure (such as cross functional teams) * Assigning responsibility of specific tasks or processes to specific individuals or groups * It also involves managing the process. This includes monitoring results, comparing to benchmarks and best practices, evaluating the efficacy and efficiency of the process, controlling for variances, and making adjustments to the process as necessary. * When implementing specific programs, this involves acquiring the requisite resources, developing the process, training, process testing, documentation, and integration with (and/or conversion from) legacy processes. * Measuring the effectiveness of the organizational strategy.The strategic management process is quite complex as it entails a number of philosophical approaches to business. This will factor in all the variables that may affect a business and will be used for strategic planning.
As Human resource manager how are you going to undertake Human resource Planning at Macro Level to tide over this crisis?
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What is the role or importances of macro hr planning?
Macro HR planning plays a crucial role in aligning an organization's workforce with its long-term strategic goals. It involves analyzing labor market trends, forecasting future staffing needs, and developing policies to attract and retain talent. This proactive approach helps organizations anticipate skills shortages, optimize resource allocation, and enhance overall organizational performance. Ultimately, effective macro HR planning ensures that a company can adapt to changing business environments while maintaining a competitive edge.
What is components of macro logistics?
Macro logistics encompasses several key components, including transportation, warehousing, inventory management, and supply chain coordination. Transportation involves the movement of goods across various modes such as road, rail, air, and sea. Warehousing focuses on the storage and handling of products, ensuring they are available when needed. Inventory management balances supply and demand by optimizing stock levels, while supply chain coordination ensures seamless interaction among different stakeholders to enhance efficiency and reduce costs.
What is supply in macro economic?
in Macro economics supply may refer to supply of factors of production, labor supply or supply of capital.
What is macro management?
Macro management is the managing of numerous smaller business locations from a mother corporate headquarters. An example of a corporation that macro manages would be the franchise Mc Donald's.
Micro to macro processes in an ecosystem?
Micro processes in an ecosystem include individual interactions like predation, competition, and decomposition, while macro processes involve the flow of energy and nutrients through the entire ecosystem. Examples of macro processes are photosynthesis, nutrient cycling, and the movement of energy through food webs. Both micro and macro processes are essential for maintaining the balance and functioning of an ecosystem.
Is protein macro or micro?
Protein is a macro molecule because it consists of a long chain of amino acids.
How global macro-economic factors influence the supply and demand of agricultural input?
Macro economic factors globally influence supply and demand. These factors include climate and disasters resulting in skewed outcomes versus predictability in agriculture.
What is macro ecosystem?
A macro ecosystem can be described as a single biological community of interacting living things and their physical environment that expands automatically into a set of communities. This term is form by the two words, macro and ecosystem.
What is difference between macro processor and macro assembler?
A macro processor processes macros. So what do you think a macro call does, play the flute. The answer is in the question and that begs the question of are you suited to computer programming specifically and an education in general. You are showing a marked reluctance to thinking.
What are the benefits of the macro skills in teaching the students?
a single click of button or shortcut key can be used to see the macro running. Macro easily automate repetitive processes. Macros can help to ensure more accurate results than doing the task manually.
What are the pros and cons of macro management?
Macro management offers the advantage of allowing leaders to focus on long-term strategy and vision, fostering innovation and broad organizational alignment. However, it can lead to a disconnect between management and day-to-day operations, potentially resulting in a lack of oversight and support for employees. Additionally, it may stifle individual initiative if employees feel their autonomy is limited by overarching directives. Balancing macro management with a degree of micro-level engagement is essential for overall effectiveness.
What does macro mean in World of Warcraft?
A macro is a Player specific command to do a chain of speaking (Yelling, Saying, Guild chat, Etc) or Spells... They are often used to buff players, drink potions, the possibiltys are liturally endless, it takes skill to program a macro and knolage of the game.
What is management in general?
Management is a pervasive activity and a process to utilize effectively and efficiently all available resources and accomplish the desired plan objectives of a micro or macro unit organisation.
