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.
A South Dakota Employment Contract with a Project Manager of a Provider of Supply Chain Logistics is a legal document that outlines the terms and conditions of employment between the employer and the project manager. This contract specifies the responsibilities, rights, and obligations of both parties involved. One type of South Dakota Employment Contract with a Project Manager of a Provider of Supply Chain Logistics is a Fixed-Term Contract. In this type of contract, the employment period is predetermined, typically for a specific project or duration. The contract clearly states the start and end dates of employment, ensuring clarity and certainty for both the employer and employee. Another type of South Dakota Employment Contract with a Project Manager of a Provider of Supply Chain Logistics is an Open-Ended Contract. This type of contract does not have a predefined end date and allows for continuous employment until either party terminates it with proper notice. Open-ended contracts give both the employer and employee flexibility, enabling them to adapt to changing project requirements or business needs. The South Dakota Employment Contract with a Project Manager of a Provider of Supply Chain Logistics typically includes the following key provisions: 1. Job Title and Description: The contract outlines the specific job title, duties, and responsibilities of the project manager. It clearly defines the scope of work expected from the employee. 2. Compensation and Benefits: The contract details the salary, payment frequency, and benefits such as health insurance, retirement plans, vacation, and sick leave. It also includes any potential bonus or commission structures. 3. Working Hours: This section specifies the number of hours the project manager is expected to work per day or week. It may also address potential overtime compensation. 4. Confidentiality and Non-Disclosure: The contract may contain clauses that require the project manager to maintain the confidentiality of sensitive company information, trade secrets, or proprietary knowledge acquired during employment. 5. Intellectual Property Rights: If the project manager creates intellectual property during the course of employment, this section clarifies who owns the rights to such work, whether it belongs to the employer or the employee. 6. Termination Clause: The contract outlines the conditions under which either party may terminate the employment relationship. It covers notice periods, severance packages, and potential grounds for immediate termination, such as misconduct or breach of contract. 7. Dispute Resolution: This section states the preferred method of resolving disputes that may arise during the course of employment, such as arbitration or mediation, before resorting to litigation. Other relevant keywords for this content may include employment agreement, contract terms, project management, logistics provider, supply chain management, employment law, labor regulations, South Dakota labor laws, and legal obligations.
