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物流專業英語LogisticsEnglish—Unit1IntroductionofLogisticsandSupplyAgendaKeytermsandExpressionsConceptsofLogisticsandLogisticsManagementConceptsofSupplyChainManagementQuickCheckUnit1:IntroductionofLogisticsandSupplyKeytermsandExpressionsKeytermsLogisticsMaterialhandlingInventorymanagementPackagingTransportationWarehousingTransportationmanagementFreightSchedulingLayout中文物流物料搬運庫存管理包裝運輸倉儲運輸管理貨運排程,調度布局Unit1:IntroductionofLogisticsandSupplyKeytermsandExpressionsKeytermsInventoryturnoverHoldingcostsReplenishmentReverselogisticsIntermodallogisticsProcurementDistributionHazardousmaterialsCustomer-centric中文庫存周轉持有成本補貨逆向物流多式聯運物流采購配送危險材料以客戶為中心KeytermsJust-In-Time(JIT)CoordinationIntegrationSub-optimizationCustomization中文準時制生產協調整合次優定制1.TheConceptandComponentsofLogisticsLogisticsinvolvesmanagingtheflowofproductsfromthepointoforigintothepointofconsumptiontomeetcustomerandorganizationalneeds.Goalsofeffectivelogistics:1)Reducecosts;2)Enhanceservicelevels;3)Increaseflexibilityandadaptability.Unit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement1.TheConceptandComponentsofLogisticsTypicallogisticsactivities:1)Transportation2)Warehousing&InventoryManagement3)Packaging4)MaterialHandling6)InformationManagementUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement2.TypesofLogisticsFromgeographicalstandpoint:Regionallogisticsfocusesontransportingproductsfrommanufacturerstoend-users.Internationallogisticsofteninvolvesnavigatingcomplexexportandimportregulationswhileutilizingmultiplemodesoftransportation.Fromservicecontent:InboundlogisticsoutboundlogisticsUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement2.TypesofLogisticsFrombusinessfunctions:Procurementlogistics.Itinvolvesacquiringrawmaterialsandparts.Distributionlogistics.Itfocusesonmovingproductsfromproductionsitestoendusers.Reverselogistics.Itmanagesreturns,recycling,anddisposalofmaterials.Unit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement2.TypesofLogisticsFromtransportationmodes:LandlogisticsMaritimelogisticsAirlogisticsIntermodallogisticsUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement2.TypesofLogisticsFromspecializationandindustry-specificNeeds:Third-PartyLogistics(3PL)Fourth-PartyLogistics(4PL)ColdChainLogisticsCourierlogisticsHazardousmaterialslogisticsHeavycargologisticsCustomizedlogisticsUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement3.TheRoleofLogisticsImpactonBusinesses:Enhancingcostefficiency
improvingservicelevels
increasingcustomersatisfaction,boostingloyalty
expandingmarketshare.Allowingbusinessestorespondmoreswiftlytomarketchanges
gainingacompetitiveedgeUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement3.TheRoleofLogisticsImpactonBusinesses:Promotingsupplychaincollaboration
enhancingofoverallsupplychainefficiencyUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement3.TheRoleofLogisticsImpactonBusinesses:Enhancingcostefficiency
improvingservicelevels
increasingcustomersatisfaction,boostingloyalty
expandingmarketshare.Allowingbusinessestorespondmoreswiftlytomarketchanges
gainingacompetitiveedgeUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement3.TheRoleofLogisticsImpactonBusinesses:Promotingsupplychaincollaboration
enhancingofoverallsupplychainefficiencyEnhancingcostefficiency
improvingservicelevels
increasingcustomersatisfaction,boostingloyalty
expandingmarketshareUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement3.TheRoleofLogisticsImpactonBusinesses:Allowingbusinessestorespondmoreswiftlytomarketchanges
gainingacompetitiveedgePromotingsupplychaincollaboration
enhancingofoverallsupplychainefficiencyloweroveralltransactioncostsandpromotetrade
supportingeconomicgrowthUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement3.TheRoleofLogisticsImpactonEconomy:Thelabor-intensivenatureofthelogisticsindustry
contributessignificantlytojobcreation
helpingtoreduceunemploymentratesEnhancedlogisticscapabilities
enablebusinessestoexpandtheirmarketreach
increasingtheflowofgoodsbothdomesticallyandinternationally
broadeningthescopeofeconomicactivitiesUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement3.TheRoleofLogisticsImpactonEconomy:Facilitatestheexchangeofgoodsandservicesbetweencountries
enhancingnationalcompetitivenessintheglobalmarketplaceLogistics→supportingbothbusinessandeconomicdevelopment
ensuringtheefficientflowofgoodsAneffectivelogisticssystem
leadstocostsavings,improvedservicequality,fastermarketresponsiveness,andenhancedbusinesscompetitivenessUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement3.TheRoleofLogisticsImpactonEconomy:Amaturelogisticssystem
boostsoveralloperationalefficiency
promoteseconomicprosperity
contributestosocietalprogressonabroaderscaleCompaniesandnationsthatprioritizethedevelopmentofrobust,efficientlogisticssystems
arebetterpositionedtothriveinthecompetitiveglobalmarketplaceUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement4.TheConceptandScopeofLogisticsManagementLogisticsManagementfocusesonplanning,implementing,andcontrollingtheflowandstorageofgoods,services,andinformationfromorigintoconsumptionefficiently.KeyObjectivesofLogisticsManagement:boostingbusinessperformancereducinglogisticscostsEnhancingsupplychainflexibilityUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement4.TheConceptandScopeofLogisticsManagementCoreComponentsofLogisticsManagement:TransportationmanagementinvolveschoosingpropertransportationmodesoptimizingroutesandcostsWarehousinganddistributionfocusonefficientwarehouselayoutsandinventorycontrolensuringsmoothproductdistributionUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement4.TheConceptandScopeofLogisticsManagementCoreComponentsofLogisticsManagement:OrderprocessingensuresaccuracyandpromptnessinhandlingcustomerorderslinkedcloselywithinventorymanagementtomaintainoptimalstocklevelsandminimizeholdingcostsUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement4.TheConceptandScopeofLogisticsManagementCoreComponentsofLogisticsManagement:PackagingforproductprotectionandshippingefficiencyLogisticsinformationmanagementunderliesthesecomponentsinvolvingdatacollection,analysis,andusetoimprovedecision-makingaccuracyandtimelinessUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement5.ConceptofLogisticsEngineeringLogisticsengineeringentailsusingmathematicalmodels,computationaltools,andsystemsanalysismethodstosolvecomplexlogisticproblems,withthegoalofimprovingefficiency,reducingcosts,andincreasingthereliabilityandsustainabilityoflogisticssystems.Unit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement5.ConceptofLogisticsEngineeringTheobjectivesoflogistics:DesigningefficientlogisticssystemsLeveragingtechnologyandautomationtoenhancetheefficiencyoflogisticsactivitiesEnsuringthesustainabilityandenvironmentalfriendlinessoflogisticssystemsIncreasingtheflexibilityoflogisticssystemsUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement5.ConceptofLogisticsEngineeringThemaincomponentsoflogisticsengineering:systemdesignandoptimizationSimulationandmodelingtechniquesFacilityplanningandmanagementLogisticstechnologyR&DprocessimprovementUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagement6.DifferencesBetweenLogisticsManagementandLogisticsEngineeringUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagementAspectLogisticsManagementLogisticsEngineeringFocusAreasDailyoperationalmanagementoflogisticsDesign,analysis,andimprovementoflogisticssystemsMainScopeProcurement,storage,transportation,anddistributionofgoodsTechnicalandstructuralaspectsoflogisticssystemsEmphasisManagingpersonnel,equipment,inventory,andinformationflowInnovatinglogisticstechnologiesToolsandMethodsUsedERP,WMS,TMSMathematicalmodeling,statisticalanalysis,computersimulationSupportingMethodsFinancialanalysis,businessprocessmanagement,customerserviceskillsCAD,GIS,RFID,IoT6.DifferencesBetweenLogisticsManagementandLogisticsEngineeringUnit1:IntroductionofLogisticsandSupply1.ConceptsofLogisticsandLogisticsManagementAspectLogisticsManagementLogisticsEngineeringImprovementPlans/TechnologiesSixSigma,LeanManagementAutomation,dataanalysis,systemintegrationPrimaryWorkContentTransportationmanagement,warehousing,inventorycontrol,orderprocessing,customerserviceLogisticssystemdesign,facilityplanning,materialhandlingtechnology,supplychainnetworkanalysisAdditionalWorkContentCommunicationandrelationshipmanagementwithsuppliersandcustomersCost-benefitanalysesandriskassessmentsPolicies/InnovationImplementationandmonitoringoflogisticspoliciesandproceduresResearchingandintroducingnewtechnologiessuchasautomation,artificialintelligence,andmachinelearning1.TheConceptoftheSupplyChainSupplychainmanagementemphasizedtheintegrationandcoordinationofthecompleteproductioncycle,fromrawmaterialprocurementthroughproductionandprocessing,toproductdistributionandcustomerservice.Unit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagement1.TheConceptoftheSupplyChainKeyFeaturesofModernSupplyChains:Multi-stagedstructureComplexnetworkofinterdependentorganizationsCustomer-drivenCustomer-centricapproachHighdegreeofdynamismGlobalnatureAdditionallayersofcomplexityandriskUnit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagement1.TheConceptoftheSupplyChainCoordinationandTechnologyinSupplyChainManagement:EffectivecoordinationAligningprocessesSharinginformationPoolingresourcesacrossdifferentstagesofthechainAdvancedtechnologiesEnterpriseResourcePlanning(ERP)systemsInternetofThings(IoT)devicesArtificialintelligenceBlockchainUnit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagement2.BasicModelsoftheSupplyChainFromastructuralperspectiveDirectModelIndirectModelMulti-TierModelFromanatureperspectiveQuickResponseModelAgileSupplyChainGreenSupplyChainUnit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagement3.TheConceptandScopeofSupplyChainManagementSupplyChainManagement(SCM)isacomprehensiveapproachthatfocusesoneffectivelyplanning,organizing,coordinating,andcontrollingtheflowofmaterials,information,andfundswithinthesupplychain.SCMcoversawiderangeofactivities,extendingfromrawmaterialprocurementandproductmanufacturingtowarehousinglogistics,productdistribution,sales,andafter-salesservice.Unit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagement3.TheConceptandScopeofSupplyChainManagementKeyComponentsofSupplyChainManagement:ProcurementandProductionManagementInventoryandLogisticsManagementInformationandCustomerServiceManagementPerformanceEvaluationandFinancialFlowManagementUnit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagement4.FundamentalPrinciplesofEffectiveSupplyChainManagementCustomer-CentricApproachHolisticOptimizationandCollaborativeCooperationAgilityandRiskManagementSustainableDevelopmentandTechnologicalInnovationUnit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagement5.TheRelationshipbetweenSupplyChainManagementandLogisticsManagementUnit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagementAspectSupplyChainManagement(SCM)LogisticsManagementRelationshipSCMisabroaderconcept,andlogisticsmanagementisincludedinSCM.Andtheyplayvitalrolesinmodernbusinessoperations.ScopeEntireprocessfromprocurementofrawmaterialstodeliveringthefinalproductTransportationandstorageofproductsMainFocusProcurement,productionplanning,inventorymanagement,demandforecasting,orderprocessing,customerserviceEfficientandcost-effectivemovementofgoodsKeyActivitiesConvertingrawmaterialsintofinishedproducts;deliveringthefinalproducttotheenduserTransportationmanagement,warehousemanagement,materialshandling,packaging,customsclearance5.TheRelationshipbetweenSupplyChainManagementandLogisticsManagementSharedObjectivesandInterdependenceSharedobjectivesEnhancecustomersatisfactionReducecostsImproveefficiencyRespondeffectivelytomarketdemandsCollaborationtoEnsuretimelyproductdeliveryandOveralloperationalexcellenceUnit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagement5.TheRelationshipbetweenSupplyChainManagementandLogisticsManagementDifferentfocusSCM:integratingend-to-endprocessesLogisticsManagement:optimizingspecificlogisticsactivitiesLogisticsManagementwithinSCMLogisticsManagementprovidesessentialdataforSCMSCMsupportforlogisticsoperations.(Strategicdecisions,Processoptimizations,Improvementsinlogisticsoperations)Unit1:IntroductionofLogisticsandSupply2.ConceptsofSupplyChainManagement1.Whichsetbestrepresentsthethreemainflowsinasupplychain?A.Material,information,cashB.Material,marketing,cashC.Information,HR,complianceD.Transport,packaging,handlingUnit1:IntroductionofLogisticsandSupplyQuickCheckA2.Leadtimeisbestdefinedas:A.TimetoloadatruckB.TimefromordertodeliveryC.TimetoproduceoneunitD.TimetoprocessapaymentUnit1:IntroductionofLogisticsandSupplyQuickCheckB3.Whichisavalueaddedactivity?A.IdlestoragewithoutpurposeB.AccuratepickingandfasterdeliveryC.ReworkduetoerrorsD.WaitinginqueueUnit1:IntroductionofLogisticsandSupplyQuickCheckB4.Logisticsmainlyfocuseson:A.ProductdesignstrategyB.Transportation,warehousing,inventory,handling,packaging,informationC.AdvertisingandsalesD.CapitalbudgetingUnit1:IntroductionofLogisticsandSupplyQuickCheckB5.WhichprincipleavoidssuboptimizationinSCM?A.OptimizeeachfunctionseparatelyB.HolisticoptimizationacrossthechainC.MaximizeinventoryforsafetyD.IgnorepartnerconstraintsUnit1:IntroductionofLogisticsandSupplyQuickCheckB6.Whichpairingfitsinformationmanagementinlogistics?A.WMS/TMSforexecutionvisibilityB.CAD/GISforpayrollC.RFID/IoTforsocialmediaD.POS/CRMforenginedesignUnit1:IntroductionofLogisticsandSupplyQuickCheckA7.True/False:Logisticsisthesameastransportation.8.True/False:SCMoperatesonlywithinoneenterprise.9.MatchingUnit1:IntroductionofLogisticsandSupplyQuickCheckWMSTMSERPSCMplatforma.Endtoendplanning/visibilityacrosspartnersb.Warehouseoperations(receiving,picking)c.Enterpriseresources(finance/inventory)d.Transportplanningandexecution10.Ordering:ArrangethetypicalE2Eprocess.A.Make→Source→Deliver→ReturnB.Source→Make→Deliver→ReturnC.Deliver→Source→Return→MakeD.Make→Deliver→Return→SourceUnit1:IntroductionofLogisticsandSupplyQuickCheckB物流專業英語LogisticsEnglish—Unit2Unit2:ProcurementandInventoryManagementAgendaKeytermsandExpressionsOverviewofProcurementManagementInventoryManagementQuickCheckUnit2:ProcurementandInventoryManagementKeytermsandExpressionsKeytermsProcurementResourceallocationSupplierrelationshipmanagementContractmanagementProcessoptimizationE-procurementBigdataanalyticsCloudcomputingInternetofThings(IoT)Procurement中文采購資源分配供應商關系管理合同管理過程優化電子采購大數據分析云計算物聯網采購Unit2:ProcurementandInventoryManagementKeytermsandExpressionsKeytermsMachinelearningWork-in-Process(WIP)Semi-finishedProductStockoutHoldingCostsEconomicOrderQuantity(EOQ)TurnoverRatesReplenishment中文機器學習在制品半成品缺貨持有成本經濟訂貨量周轉率補貨KeytermsDronesCloudTechnologyOutsourceInfrastructureScalability中文無人機云技術外包基礎設施可擴展性1.ConceptsofProcurementManagementProcurementmanagementinvolvetheprocessofacquiringgoodsandservicesnecessaryforthecompany’soperation.TheEssenceofProcurementManagement:identifyingrequiredgoodsandservicessourcingandevaluatingsuppliersnegotiatingcontractsexecutingpurchaseordersmonitoringsupplierperformance.
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement1.ConceptsofProcurementManagementTheEssenceofProcurementManagement:Procurementextendsto:supplierrelationshipmanagementmarketanalysispricenegotiationcontractsigning.
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement1.ConceptsofProcurementManagementKeyElementsofEffectiveProcurementManagement:CostefficiencyStrongsupplierrelationshipsQualitycontrolRiskmanagementEffectivecontractmanagementContinuousmarketanalysis
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagementDemandforecastingandplanningProcessoptimizationTechnologyandinnovationInternalcoordination
2.EvolutionofProcurementFromTransactionaltoStrategic(TheEarlyStages):
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagementPhaseRolesCharacteristicsEarlyindustrialeraProcurementasatransactionalfunctionFocusedondailypurchasingtasksandensuringthetimelysupplyofmaterialsandservicesneededontheproductionlineCostcontrolstageProcurementevolvedintoanimportantcostcenterFocusedonidentifyingcost-savingopportunities,suchasbulkpurchasingdiscountsandpricenegotiationsLate20thcenturyProcurementtransitionedfromatransactionalexecutortoastrategicpartnerMovedbeyondmerelyfocusingoncostsandbegancreatinggreatervaluethroughsupplierrelationshipmanagement,totalcostanalysis,andsupplychainintegration2.EvolutionofProcurementGlobalizationandTechnologicalAdvancements:
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagementPhaseRolesCharacteristicsGlobalizationstageGlobalorinternationalprocurementSourcefromsuppliersaroundtheworld;reducecostsandobtainhigh-qualityproducts;introducedchallengessuchassupplychaincomplexity,cross-culturalcommunication,andinternationallogisticsmanagementInternettechnologystageRiseofe-procurementUseonlineplatformsforprocurementactivities;includeselectronicinquiries,onlinebidding,electronicorderprocessing,andsuppliermanagement;makestheprocurementprocessmoreefficientandtransparentwhilereducingcosts2.EvolutionofProcurementSustainabilityandIntegration:
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagementPhaseRolesCharacteristicsGreenProcurementCompaniesconsidertheenvironmentalimpactofprocurementactivitiesProcureproductsandservicesthatareenvironmentallyfriendly,renewable,orrecyclableSupplyChainIntegrationProcurementmanagementiscloselyintegratedwiththeentiresupplychainProcurementdecisionsarebasedonunderstandingandoptimizationoftheentiresupplychainprocess,includingproduction,inventory,distribution,andcustomerservice2.EvolutionofProcurementTheFutureofProcurement
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagementPhaseRolesCharacteristicsProcurement4.0ProcuremententersanewerawithemergingtechnologiesUtilizesbigdataanalytics,cloudcomputing,artificialintelligence,InternetofThings(IoT),andmachinelearningtoimproveprocurementprocesses;emphasizesintelligenceandautomationtoenhanceefficiencyandresponsivenessStrategicPartneringProcurementdepartmentsestablishdeeperstrategicpartnershipswithkeysuppliersGoesbeyondtraditionalbuyer-sellerinteractions;focusesonlong-termcollaboration,jointdevelopmentandinnovation,andsharedrisksandrewards2.EvolutionofProcurementThecorefeatureoftheevolutionofprocurementmanagementisthatprocurementhasgraduallydevelopedfromtraditionaltransactionaloperationsintoastrategicfunctionthatsupportsenterprisedevelopment.Itsfocusisnolongerlimitedtodailypurchasingtasks
and
costcontrol,buthasexpandedtovaluecreation,globalprocurement,e-procurement,greenprocurement,andtheestablishmentoflong-termpartnershipswithsuppliers.
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement1)InitiatingtheProcurementProcessDemandidentificationBasedon:ChangesininventorylevelsProductionplansMarketdemandSpecificrequestsfrominternalusersUnit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement1)InitiatingtheProcurementProcessDemandidentificationRequiresdetailedandclearspecificationsoftherequireditemsQuantitiesExpecteddeliverytimesBudgetlimitations
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement1)InitiatingtheProcurementProcessSupplymarketanalysisUnderstanding:AvailablesuppliersMarketpricesforproductsorservicesQualityanddeliverycapabilitiesofpotentialsuppliers
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement1)InitiatingtheProcurementProcessSupplymarketanalysisMayinclude:MarketresearchSupplierinterviewsHistoricaldataanalysis
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement2)SupplierSelectionandNegotiationIdentifyandevaluatepotentialsuppliersBasedoncomprehensivemarketanalysisEvaluationcriteria:Price,Quality,Reputation,DeliverycapabilityServicelevelSupplierselectionNegotiationsFormalpurchasecontract
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement3)OrderManagementandPerformanceMonitoringIssueaformalPurchaseOrder(PO)ManagetheorderprocessMonitorsupplierperformanceVerifyreceiptandconductnecessaryinspectionsArrangepayment
Unit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement4)RecordKeepingandContinuousImprovementMaintaindetaileddocumentationRegularassessmentOftheefficiencyandeffectivenessOftheentire:IdentifypotentialissuesandopportunitiesforimprovementUnit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement5)ProcurementCostManagementCostmanagementInvolves:PlanningprocurementcostsControllingprocurementcostsReducingprocurementcostsProcurementcostsEncompass:PurchasepriceofproductsorservicesAllotherexpensesincurredduringtheprocurementprocessUnit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement5)ProcurementCostManagementProcurementcostanalysisinvolvesdetailedevaluationsof:DirectcostsRawmaterialcostsTransportationfeesIndirectcostsAdministrativefeesStorageexpensesUnit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement3.MainTasksofProcurementManagement5)ProcurementCostManagementReducingtotalcostofownership(TCO)Methods:ValueengineeringmethodsInformationtechnologyThrough:StrengtheningsuppliermanagementNegotiatingcontractsManaginginventoryUnit2:ProcurementandInventoryManagement1.OverviewofProcurementManagement1.IntroductiontoInventoryManagementInventoryconsistsofrawmaterials,work-in-processitems,semi-finishedproducts,finishedgoods,anditemsreadyforsale.ClassificationofInventory:RawmaterialinventoryWork-in-process(WIP)inventorySemi-finishedproductinventoryFinishedgoodsinventoryMaintenance,Repair,andOperating(MRO)suppliesinventory
Unit2:ProcurementandInventoryManagement2.InventoryManagement1.IntroductiontoInventoryManagementFunctionalCategoriesofInventory:CycleinventorySafetyinventorySpeculativeinventorySeasonalinventory
Unit2:ProcurementandInventoryManagement2.InventoryManagement1.IntroductiontoInventoryManagementImportanceofEffectiveInventoryManagement:Managinginventoryeffectivelyensuresmeetingcustomerdemandatminimalcost,balancingcostsandservicelevels.
Unit2:ProcurementandInventoryManagement2.InventoryManagementSupplierCustomerInventory(Buffer
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