- A supply chain professional related tasks vary from speaking to suppliers, data entry, data analysis etc.
These tasks may be focused on the any or combined business functions mentioned below:
• Buying and Expediting
• Market Intelligence
• Spend Analysis
• Rate Competitiveness Studies
• Inventory Planning
These tasks do not only have to be performed but also measured and reviewed periodically based on expected variance and expected outcomes.
- Work several projects simultaneously.
- Work in a team-based environment.
- Meet task deadlines (warning these might be tight!)
- Perform assignments driven by business need (not necessarily what you want to learn about).
This is due to the needs to cope with a whole range of supply chain challenges is putting greater pressure than ever on the supply chain processes and systems. Such need range from many aspects of inventory planning that are directly influenced by decisions made in the buying and expediting process. Many of the variables that are tied to the reliability of the logistics network are directly related to the locations of the suppliers and to their delivery performance.
In addition, contractual agreements that specify high minimum order quantities or long lead times—or both—can prevent a from making the necessary adjustments to raw material inputs when demand does not merit high volumes.
However, a supply chain professional should be able to reduce the complexity of performing these tasks by adopting differentiating practices such as collaborative planning alongside customers and suppliers relationship management.