Purchasing management Essay Example | Topics and Well Written Essays - 750 words

Purchasing management - Essay Exampletiatives, like the IT thrust by introducing supply string management softw ars to ensure regular deliveries, together with ERP implementations across the globe to support and augment these supply chain policies. There have been some delays and problems on the mode but that has not changed the companys resolves and it firmly believes that having right software in place will eventually strengthen its supply chain and reveal it a Purchase advantage.For the past 30 years the marting strategy was dependant on the make to sell model. Products were made in anticipation of gross revenue and cross fingers became a habit as change in tastes was the only constant and could not be planned for. It also left inventories that became a burden. any manufacturer likes to evolve into make to order market. That is a segment that spells stability and a certain level of recognition in the market. It becomes more pronounced when the market is global, across geographi es and cultures.Nike too had this vision. They wanted to cross frontiers with a common approach. It was a huge call and needed people to understand the conglomerate of which they were a part. It require a merger of thought, not just action, and the very vision became their clarion call, Just do it.Nike operates internationally and its Purchases have to be localized for certain items. This leaves a wide gap in demand/supply positions and can lead to delays and hold ups. It needed a strategy to overcome this situation globally.Before a company decides to go global, it must first show an ability to appreciate the degree of globalization that exists in a given industry, or sector, and to provide the requisite strategic response. Jeannet, Jean-Pierre,2Centralization is the basic format of Nikes plan. Not only product designing, but Purchasing, contracting out of manufacturing at different factories and delivery schedules are all carried out at the Head Office. In response to highly cha otic running shoes