Procurement and supply chain management Assignment

Procurement and supply chain management - Assignment Example 23). In the company I work for, we use the supplier selection criteria, which will be explained in the next section. It has been present since the start of the company no matter the new trends that have been emerging of late. This supplier selection is a significant section in our supply chain management. Risk management of any supply chain is an overly complicated subject. Understanding how it works will be very significant to identifying a range of risks that are in the current system and making the necessary recommendations on which of these issues are a priority and how they can be reduced (Giannakisa & Louisb 2011, p. 23). This paper will provide a review of the supplier selection process and make recommendations on how it can be improved. It will use the risk analysis and management framework to identify the risks in the process and make recommendations on how the issues found there can be reduced. The paper will also recommend how to select sustainable suppliers whatever the m eans. Our supplier selection process involves nine elements considered very crucial to the organisation. The elements include (1) specific process capabilities, (2) tough safety procedure, (3) competitive pricing, (4) constant quality improvement, (5) financially stable organisation, (6) stability, (7) culture, (8) alliance experience, (9) strong references. Just a brief explanation of these steps. The company looks at the specific strengths that will ease the process of supplying the goods. This is whether they have the needed infrastructure to supply the goods efficiently such as the right trucks among others. The tough safety procedure includes whether the safety of the workers are guaranteed and whether the goods will reach the business unharmed. Competitive pricing discriminates the supplier in terms of price, who is cheaper and reliable

Marketing over 50's to St Lucia Essay Example | Topics and Well Written Essays - 3250 words

Marketing over 50's to St Lucia - Essay Example It appears that the original designation was "Sainte Alousie," the name used in Father DuTetre's 1664 volume on the Antilles. Despite the fact that numerous thousands have immigrated to different parts of the Americas and Europe, particularly throughout the twentieth century, this ID remains solid, even around those conceived in the diaspora. The inquiry of an imparted society is quarrelsome, for Saint Lucians are partitioned along numerous lines, yet there is a feeling of fitting in with a place, an area, of which they have a feeling of ownership. One forcing thing of regular society could be Kweyo`l or Patwa, the French-inferred creole dialect spoken by most Saint Lucians. In any case, numerous brought up abroad don't talk the dialect, and Saint Lucians likewise distinguish that their Kweyo`l is practically indistinguishable to that spoken on Dominica and the French islands of Martinique and Guadeloupe. (Munar, 2011) The "creation of tourism as a pay exceptional" rose in the 1950s with the development of disposable pay for pay labourers in streamlined nations. The advancement of tourism as an improvement apparatus started in 1969 with a counselling report finished by Checchi and Company, a private universal advancement counselling ?rm spend significant time in tourism and local improvement. It expressed that any yearning to aid the individuals of the Eastern Caribbean could be accomplished through the advancement of tourism. Tourism was pushed as having two fundamental points of interest: a wellspring of wage and a foundation for more stupendous universal comprehension. Basically, tourism turned into the methods by which Third World nations with little to offer yet nature could collect capital, and at last advance. Tourism as an advancement apparatus in the Caribbean developed ?rst in Puerto Rico, Bahamas and Jamaica in the late 1950s and unanticipated 1960s, and inevitably spread Tourism as a Development Tool in the Caribbean and the Environmental By-items: The Stresses on Small Island Resources and Viable Remedies Janouska Grandoit International Relations, Economics, The Maxwell School of Syracuse University In the Caribbean, land and seaside assets have supported a moderately little populace for a considerable length of time, yet with an increment in present day monetary movement the islands' biological communities are under expanding weight. Without reasonable arrangements that address the main impetuses behind these weights, economical improvement in the Caribbean islands is not conceivable. Nature is frequently traded off by the instantaneous requirement to create outside trade, for the most part through tourism. On the other hand, it was the coming of the streamlined upset and the creation of the steamship in the nineteenth century that denoted the rise of venture out to fascinating goals, particularly for recreation purposes. Around then, travel was expensive to the point that just the rich could take preference, and tourism in Barbados was a selective diversion, organised at the activity of private people, with practically no legislature inclusion inside the incipient area. It was not until the late 1950's and into the 1960's with the commercialisation of the plane motor that tourism developed as a real financial action in Barbados and critical indications of organisation and government inclusion surfaced. From around the 1640's, sugar had been the motor of development of the Barbadian economy, and spoke to the most predominant wellspring of outside