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 Mexico Employment Contract with Project Manager of Provider of Supply Chain Logistics Description: A New Mexico Employment Contract with a Project Manager of a Provider of Supply Chain Logistics is a legally binding agreement between the project manager and the employer company. This contract outlines the terms and conditions of employment, the job responsibilities, and the benefits provided to the project manager. Keywords: New Mexico, employment contract, project manager, provider, supply chain logistics, terms and conditions, job responsibilities, benefits, legally binding agreement, employer company. Types of New Mexico Employment Contracts with Project Managers of Providers of Supply Chain Logistics: 1. Full-Time Employment Contract: This type of employment contract is for project managers who work on a full-time basis for the provider of supply chain logistics in New Mexico. It specifies the required number of working hours and the salary/payment structure. 2. Part-Time Employment Contract: Part-time workers who are project managers in the supply chain logistics industry in New Mexico may enter into this type of employment contract. The terms and conditions would differ from those of full-time employees, including working hours, salary, and benefits. 3. Fixed-Term Employment Contract: A fixed-term employment contract is used when the project manager's employment has a predetermined end date. This type of contract is commonly used for specific projects, seasonal work, or to meet short-term demand in the supply chain logistics industry in New Mexico. 4. Indefinite Employment Contract: An indefinite employment contract is established when there is no predetermined end date for the project manager's employment. It provides job security and outlines the conditions for termination or resignation, including notice periods and severance entitlements. 5. Contractor Agreement: Though not strictly an employment contract, a contractor agreement may be used if the project manager is working as an independent contractor rather than a direct employee. This agreement clearly defines the working relationship, including project goals, deliverables, compensation terms, and the responsibilities of both parties involved. 6. Non-Disclosure and Confidentiality Agreement: In addition to the employment contract, a project manager in supply chain logistics may be required to sign a separate non-disclosure and confidentiality agreement. This agreement ensures that any sensitive business information, trade secrets, and intellectual property are protected from being disclosed or used without authorization. By tailoring the above types of employment contracts to the specific needs and circumstances of a project manager in the supply chain logistics field in New Mexico, employers can establish clear expectations while offering fair and legally compliant terms of employment.