GLOBAL STANDARDS IN SUPPLY CHAIN MANAGEMENT. BEST PRACTICES IN CONSUMER GOODS AND RETAIL INDUSTRY
Journal Title: Polish Journal of Management Studies - Year 2012, Vol 5, Issue 1
Abstract
The Global Commerce Initiative (GCI) established the Global Upstream Supply Initiative (GUSI) in order to provide a standard framework for consumer goods manufacturers and their suppliers of ingredients, raw materials and packaging to better integrate across a number of supply chain processes.<br/><br/>Without Internal Data Alignment, for example, Global Data Synchronization (GDS) will definitely not improve business performance and will, in fact, magnify the negative impact of poor quality data. What’s more, collaborative initiatives such as those included in Efficient Consumer Response (ECR) and Collaborative Planning, Forecasting and Replenishment (CPFR) will not be economically deployable on a wide scale without the consistently accurate and available information that will result from an Internal Data Alignment program.<br/><br/>GDS is based on a global network of data pools, or electronic catalogues, which are all inter-operable and compliant with the same business requirements and standards. Interoperability means that a manufacturer can publish a product and partner data on one single Data Pool without having to worry about the fact that customers may select different Data Pools to access the data.<br/><br/>Integrated Suppliers is a concept for improving the part of supply chain between manufacturers and the tiers of suppliers of ingredients, raw materials and packaging. By sharing information both parties are able to exercise judgment on costs, quantities and timing of deliveries and productions in order to stream line the production flow and to move to a collaborative relationship.<br/><br/>
Authors and Affiliations
Virgil Popa
Keywords
Related Articles
- EP ID EP518480
- DOI -
- Views 95
- Downloads 0
INNOVATION THEORY – AN EPISTEMOLOGICAL ASPECTS
The character and intensity of the innovations process of goods, processes or organisational structure depend on both corporate research and development initiatives and on transfer of technology and know-how from the ext...
ACADEMIC E-LEARNING MANAGEMENT WITH E-LEARNING SCORECARD
E-learning is becoming more and more popular form of students’ education. Universities should perceive it as one of their directions of development. The aim of the paper is to present the concept of using e-learning scor...
OCCUPATIONAL SAFETY MANAGEMENT IN SELECTED LOGISTICS SYSTEMS
Actions being performed in logistic processes may be hazardous for employees’ health and lives, especially due to the fact that most of them make use of all kinds of means of technical infrastructure. Our paper reviews a...
INVESTIGATING KNOWLEDGE TRANSFER MECHANISM IN FIVE STAR HOTELS
Current theorization cannot conclusively explain how knowledge is used to improve performance and organizational competitiveness. The study aimed to examine the relationship among trust, knowledge transfer, and performan...
USE OF ABRAHAM MASLOW’S MOTIVATION THEORY FOR SETTING CONSUMERS’ SATISFACTION-NON-SATISFACTION
Behind a consumer’s decision to purchase a product/service there is always a reason or a complex of reasons, and behind rejecting a product/service there is always the consumer’s conclusion that, by its competences, that...