I have a discussion and several responses that I need completed today.

1. Write one paragraph to answer one of these questions. Please include the Option # in your answer. Reflect on your answer and then include at least 3 sentences in your answer.

· Option # 1.  How can a firm design and develop a more resilient supply chain?

Responses:

1. A quality comment on class member's discussion postings begins with 2 sentences that enhance, support, or debate appropriately your peer’s answer.

Discussion 6

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Supply chain resilience is a company’s ability to react to issues and recover from them with a big impact to the company’s operations. I believe for a firm to design and develop a more resilient supply chain is focusing on the three core enables which are, the people, the process, and technology.

For companies to complete work, they need employees. People to help run the company, so they hire people with the skill set and knowledge to run departments and to use machinery etc. the next step is process. It has been proven that employees perform at their best when they are empowered by an effective process. To manage shortages and to increase supply chain resilience company’s need to be that they have an effective process in place that employees can follow for the flow to run smoothly.

Technology can help company’s complete processes more easily and accurately. Real time analytics and decision support tools, including enterprise resource planning also known as ERP and electronic data interchange platforms, can help provide data needed to help run the company.

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Discussion #6

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What is -procurement?

E-procurement is the process of buying and selling supplies and services over the Internet. E-procurement opens the lines of communication between a company and a supplier by creating a direct link and facilitating interactions such as bids, purchase orders, and emails. 

What are the benefits of E-procurement?

E-procurement offers substantial benefits to the function of procurement management within a purchasing organization, including: Cost Savings, Built-in monitoring tools help control costs and maximize performance, reducing overhead and paperwork. Fully automated systems streamline processes and can result in a faster cycle from creating an order to fulfillment. The shorter purchasing cycles centralized transaction tracking simplifies: reporting on orders, payments, and requisitions, as well as ensuring contract compliance, all of which can reduce delivery time. Buyers have electronic access to available products, services, and prices.

Improved Inventory Control-Procurement professionals can quickly locate products from preferred supplies and are limited to the purchases they can make, so inventory is better controlled.

Transparency- All information is centralized and can be made available to management, stakeholders, shareholders, or the public, as appropriate. 

Davila, A., Gupta, M., & Palmer, R. J. (2010). Moving procurement systems to the Internet: The adoption and use of e-procurement technology models (Tech. Rep. No. 1742). Retrieved March 22, 2010 http://ssrn.com/abstract=323923