A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials; transformation of these materials into intermediate and finished products; and distribution of these products to customers. As products flow down the chain, information and money flow up the chain. No product moves without an instruction to do so. (Paul James). Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.
According to the Council of Supply Chain Management Professionals (CSCMP), supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management. It also includes the crucial components of coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies. More recently, the loosely coupled, self-organizing network of businesses that cooperate to provide product and service offerings has been called the Extended Enterprise.
Supply chain management must address the following problems:
" Distribution Network Configuration: number, location and network missions of suppliers, production facilities, distribution centers, warehouses, cross-docks and customers.
" Distribution Strategy: questions of operating control (centralized, decentralized or shared); delivery scheme, e.g., direct shipment, pool point shipping, cross docking, DSD (direct store delivery), closed loop shipping; mode of transportation, e.g., motor carrier, including truckload, LTL, parcel; railroad; intermodal transport, including TOFC (trailer on flatcar) and COFC (container on flatcar); ocean freight; airfreight; replenishment strategy (e.g., pull, push or hybrid); and transportation control (e.g., owner-operated, private carrier, common carrier, contract carrier, or 3PL (third party logistics).
" Trade-Offs in Logistical Activities: The above activities must be well coordinated in order to achieve the lowest total logistics cost. Trade-offs may increase the total cost if only one of the activities is optimized. For example, full truckload (FTL) rates are more economical on a cost per pallet basis than less than truckload (LTL) shipments. If, however, a full truckload of a product is ordered to reduce transportation costs, there will be an increase in inventory holding costs which may increase total logistics costs. It is therefore imperative to take a systems approach when planning logistical activities. These trade-offs are key to developing the most efficient and effective Logistics and SCM strategy.
" Information: Integration of processes through the supply chain to share valuable information, including demand signals, forecasts, inventory, transportation, potential collaboration, etc.
" Inventory Management: Quantity and location of inventory, including raw materials, work-in-progress (WIP) and finished goods.
" Cash-Flow: Arranging the payment terms and methodologies for exchanging funds across entities within the supply chain.
New Jersey Employment Contract with Project Manager of Provider of Supply Chain Logistics Description: A New Jersey Employment Contract with a Project Manager of a Provider of Supply Chain Logistics is a legally binding agreement between an employer and a project manager in the state of New Jersey. This contract outlines the terms and conditions of employment, including job responsibilities, compensation, benefits, termination procedures, and other relevant aspects of the employment relationship. Keywords: New Jersey, employment contract, project manager, provider, supply chain logistics, legally binding, employer, job responsibilities, compensation, benefits, termination procedures, employment relationship. Types of New Jersey Employment Contracts with Project Managers of Providers of Supply Chain Logistics: 1. Permanent Employment Contract: This type of contract is entered into when the project manager's position is intended to be a long-term, ongoing role. It outlines the indefinite duration of employment, as well as the terms and conditions that will govern the employment relationship between the project manager and the provider of supply chain logistics. 2. Fixed-Term Employment Contract: A fixed-term employment contract is used when the project manager's role is expected to last for a specific period. This contract specifies the exact dates of employment and ensures that both parties are aware of the fixed duration. It also includes provisions for possible early termination or renewal of the contract at the end of the term. 3. Part-Time Employment Contract: In cases where the project manager is required to work part-time hours, a part-time employment contract is used. This contract outlines the agreed-upon working hours, compensation, benefits, job scope, and other relevant conditions for part-time employment. 4. Probationary Employment Contract: When a project manager is hired on a probationary basis, a probationary employment contract is utilized. This contract usually stipulates a specific probationary period during which the employer assesses the project manager's performance and suitability for continued employment. It may include provisions for the termination of employment during the probationary period if the performance is deemed unsatisfactory. 5. Independent Contractor Agreement: In certain situations, a project manager may be engaged as an independent contractor rather than an employee. An independent contractor agreement specifies that the project manager operates as an independent business entity, providing specified services to the provider of supply chain logistics. This contract typically outlines the project scope, compensation, work deliverables, and other terms unique to the contractor relationship. Conclusion: A New Jersey Employment Contract with a Project Manager of a Provider of Supply Chain Logistics is a crucial document that establishes the expectations, rights, and responsibilities of both the employer and the project manager. These contracts may vary depending on the nature and duration of employment, including permanent, fixed-term, part-time, probationary, or independent contractor agreements.