MATERIAL SUPPLY STRATEGY AT A COMPANY THAT PRODUCES CAR PARTS
Sima Elena
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Sima Elena: Romanian-German University, Sibiu, Romania
Studies in Business and Economics, 2013, vol. 8, issue 1, 134-153
Abstract:
The supply activity is the one that is essential in creating quality outputs within an enterprise, having at the same time the ability to make savings, as long as it is done by specialists or closely supervised by them, because of the business components: choosing the materials that will be used in manufacturing, signing contracts with the suppliers, placing orders for supplies. The supply market analysis is an important step in developing the material supply strategy. This is preceded by the identification and evaluation of the enterprise’s material needs and followed by the identification of product offers, potential supply sources, potential suppliers. The objective of this paper is to describe the conditions in which suppliers are integrated into and evaluated by the group, as well as the strategy, the methods and techniques for determining the required supplies within the Romanian company that produces car parts. The paper presents the supply process, how a new supplier is integrated to the group which the company belongs to and also the suppliers’ portfolio management.
Keywords: supply; Romanian company; car parts (search for similar items in EconPapers)
Date: 2013
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