The Purchasing and Supply Chain Management Profession

The Impact of Megatrends on the Development of the Purchasing and Supply Chain Management Profession The changes in the duties and responsibilities of the Purchasing and Supply Chain managers are directly affected by the progress of the megatrends in the industry. It is important to determine such megatrends as the necessity of using the innovations, the accents on the global supply networks, the references to the principles of the green supply management with the elements of sustainability.Advertising We will write a custom essay sample on The Purchasing and Supply Chain Management Profession specifically for you for only $16.05 $11/page Learn More From this point, the managers should pay more attention to the development of the contemporary procurement strategies with concentrating on the e-procurement and on the usage of the new global sales channels (Burt, Dobler, Starling, 2003). The progress of the megatrends requires the managers’ focusing on the improvement of the ways of communication and integration of the manufacturers, retailers, and customers with the help of using the new technologies (Burt, Dobler, Starling, 2003). Thus, in the public and private sectors, the Supply Chain managers’ responsibilities also depend on the development of the dynamic and interactive management, on the improvement of the transactions’ quality where the managers’ work with all the members of the chain is organized according to the principles of flexibility, cooperation, and competitiveness. The Factors of the Evolution of the Purchasing and Supply Management Profession The definite aspects of the Purchasing and Supply Management profession changed, and it is possible to determine the most important factors which have influenced the progress of the profession. They are the rapid optimization of the supply chain system, the orientation on the aspects of the competitiveness within the industry, the necessity of cost savings, and the alternations in the distribution networks (Burt, Dobler, Starling, 2003). To meet the requirements of the developed industry, it is significant to change the approach to the major factors of the profession. Thus, the rapid optimization requires putting accents on the speed of providing the necessary processes. The high level of competitiveness requires the improvement of the production and delivery systems.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The changes in the distribution networks also require the changes in the distribution strategies, and these processes can be discussed as the interdependent ones. The necessity to save the costs and get the obvious benefits is also an important factor for developing new effective strategies and their using by the managers. The Role of Using Supply Chain Management Principles and Strategic Alliance Agreements for Private S ector Organizations The usage of Supply Chain Management principles and strategic alliance agreements can be considered as more conductive for the private sector organizations because the main accents are made on the preservation of the high competitive status of the company within the industry and on the optimization of the processes while providing these principles (Burt, Dobler, Starling, 2003). Thus, it is important to focus on the fact that the principles of Supply Chain Management successfully work within the private sector because, according to the contemporary tendencies, the development of the Supply Chain Management principles and profession depends on the progress of the innovative information technologies. Their usage increases the quality of the procurement process in general, and the quality of the products and their delivery in particular. Moreover, the orientation on the integrative projects, collaborative partnership with references to the strategic agreements and on the support of the innovative decisions and effective solutions to the issues of the Supply Chain Management is also significant. Reference Burt, D. N., Dobler, D. W., Starling, S. L. (2003). World class supply management: The key to supply chain management. Boston, MA: McGraw-Hill/Irwin. This essay on The Purchasing and Supply Chain Management Profession was written and submitted by user Taraji Whitfield to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.