Managing Contract Manufacturing Relationships

Managing Contract Manufacturing Relationships
Author: Tim Brandl
Publisher: Springer Nature
Total Pages: 235
Release: 2023-04-28
Genre: Business & Economics
ISBN: 365841359X
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Contract manufacturing has become a cornerstone of global supply chains since the first wave of production outsourcing. Since then, brand-leading companies have focused their supply chains on the end consumer, while contract manufacturers have overtaken brand-leaders in various key areas. As a result, contract manufacturers are becoming strategic partners in the implementation of product designs, which requires dedicated relationship management to enable manufacturing coordination across company boundaries. This book addresses the relationship management of contract manufacturing relationships through the client's use of management practices. It adopts an eclectic transaction cost economics and relationship velocity perspective. To this end, applied management practices, relationship dynamics, and the targeted selection and adjustment of management practices are examined. The findings indicate the need for systematic alignment of client companies and contract manufacturers at commercial and social relationship levels. Furthermore, relationship dynamics require a regular assessment of the commercial and social fit. The findings contribute to the understanding of contract manufacturing relationships in literature and include recommendations for practical application.

Excellence in Management of Contract Manufacturing Relationships

Excellence in Management of Contract Manufacturing Relationships
Author: Tim Brandl
Publisher: Cuvillier Verlag
Total Pages: 69
Release: 2022-09-29
Genre: Business & Economics
ISBN: 3736966768
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Contract manufacturing relationships (CMRs) have become an integral part of pharmaceutical supply chains. Solid regulation, technological complexity, and high investment pressure encourage collaboration between client companies and CMOs. Due to the high complexity of pharmaceutical value creation and high relevance for clients, CMRs always move in a field of tension between client control and trust-based self-governance. Against this background, the study investigates the success factors of excellent relationship management of pharmaceutical CMRs. A consortium of seven pharmaceutical companies representing the client and the CMO side is involved in the study to ensure the practicality of the results. First, the study findings give insights into purposeful relationship development amid internal and external dynamics. Second, the study discusses current tailoring practices and provides a method-supported process for conducting meaningful partner differentiation. Third, the study addresses the need for partner alignment to achieve through the concept of the Relationship Gap to systematically include perceptions, business, and partner behavior expectations in relationship management.

Examining the Relationship Between Contract Manufacturing Inventory Efficiency and Information System Investment

Examining the Relationship Between Contract Manufacturing Inventory Efficiency and Information System Investment
Author: Qingwei Li
Publisher:
Total Pages:
Release: 2015
Genre: Manufactures
ISBN:
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In this thesis, we conduct an empirical study on how contract manufacturing drives the change in inventory levels and what role the information system plays under the contract manufacturing strategy. Contract manufacturing commonly exists in the manufacturing sector. Original equipment manufacturer (OEM) prefers to simplify its inner operating processes, so OEM outsources the manufacturing process or assembling process to the contract manufacturer (CM). The utilization of outsourcing strategy optimizes the operation structure and management hierarchy. In the OEM-CM supply chain network, enterprise-wide information system not only performs as the platform for information sharing, but also lubricates the internal and external information flow exchange. A supply chain network with efficient communication can achieve outstanding operation performance. We launch an industry-level research to investigate the integrated utilization of contract manufacturing and information system, and examine the relationship between contract manufacturing inventory and information system investment.

Issues in Industrial Relations and Management: 2013 Edition

Issues in Industrial Relations and Management: 2013 Edition
Author:
Publisher: ScholarlyEditions
Total Pages: 1104
Release: 2013-05-01
Genre: Political Science
ISBN: 1490109854
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Issues in Industrial Relations and Management: 2013 Edition is a ScholarlyEditions™ book that delivers timely, authoritative, and comprehensive information about Management Science. The editors have built Issues in Industrial Relations and Management: 2013 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Management Science in this book to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in Industrial Relations and Management: 2013 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.

The Operations Management Complete Toolbox (Collection)

The Operations Management Complete Toolbox (Collection)
Author: Randal Wilson
Publisher: FT Press
Total Pages: 912
Release: 2013-08-08
Genre: Business & Economics
ISBN: 0133742695
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For operations managers, running a smooth and efficient organization is more crucial than ever -- and it's more difficult, too. Fortunately, there's a secret to success: a proven approach and toolset that can help operations managers free up resources, eliminate unnecessary meetings, and get more done faster. The approach is named "The Power of Completion," and the tools have been honed by expert project managers through decades of experience. In The Operations Manager's Toolbox, operations manager and PMP-certified project manager Randal Wilson shows how to apply the Project Management (PM) discipline to completing the crucial "smaller" tasks that can help the organization quickly drive substantial improvements in efficiency and performance. ¿ The Encyclopedia of Operations Management is the perfect "field manual" for every supply chain or operations management practitioner and student. The field's only single-volume reference, it's uniquely convenient and uniquely affordable. With nearly 1,500 well-organized definitions, it can help students quickly map all areas of operations and supply chain management, and prepare for case discussions, exams, and job interviews. For instructors, it serves as an invaluable desk reference and teaching aid that goes far beyond typical dictionaries. For working managers, it offers a shared language, with insights for improving any process and supporting any training program. ¿ It thoroughly covers: accounting, customer service, distribution, e-business, economics, finance, forecasting, human resources, industrial engineering, industrial relations, inventory management, healthcare management, Lean Sigma/Six Sigma, lean thinking, logistics, maintenance engineering, management information systems, marketing/sales, new product development, operations research, organizational behavior/management, personal time management, production planning and control, purchasing, reliability engineering, quality management, service management, simulation, statistics, strategic management, systems engineering, supply and supply chain management, theory of constraints, transportation, and warehousing. Multiple figures, graphs, equations, Excel formulas, VBA scripts, and references support both learning and application.

The Encyclopedia of Operations Management

The Encyclopedia of Operations Management
Author: Arthur V. Hill
Publisher: FT Press
Total Pages: 406
Release: 2012
Genre: Business & Economics
ISBN: 0132883708
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This is the perfect field manual for every supply chain or operations management practitioner and student. The field's only single-volume reference, it's uniquely convenient and uniquely affordable. With nearly 1,500 well-organized definitions, it can help students quickly map all areas of operations and supply chain management, and prepare for case discussions, exams, and job interviews. For instructors, it serves as an invaluable desk reference and teaching aid that goes far beyond typical dictionaries. For working managers, it offers a shared language, with insights for improving any process and supporting any training program. It thoroughly covers: accounting, customer service, distribution, e-business, economics, finance, forecasting, human resources, industrial engineering, industrial relations, inventory management, healthcare management, Lean Sigma/Six Sigma, lean thinking, logistics, maintenance engineering, management information systems, marketing/sales, new product development, operations research, organizational behavior/management, personal time management, production planning and control, purchasing, reliability engineering, quality management, service management, simulation, statistics, strategic management, systems engineering, supply and supply chain management, theory of constraints, transportation, and warehousing. Multiple figures, graphs, equations, Excel formulas, VBA scripts, and references support both learning and application. ... this work should be useful as a desk reference for operations management faculty and practitioners, and it would be highly valuable for undergraduates learning the basic concepts and terminology of the field. Reprinted with permission from CHOICE http: //www.cro2.org, copyright by the American Library Association.

Supplier Relationship Management

Supplier Relationship Management
Author: Stephen Easton
Publisher: Apress
Total Pages: 183
Release: 2014-06-14
Genre: Business & Economics
ISBN: 1430262605
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There’s a new buzz phrase in the air: Supplier Relationship Management (SRM). Corporate executives know it’s necessary, but there’s only one problem. Nobody yet knows how to do it. Or they think it’s all about bashing your vendors over the head until they reduce the price another 4%. Supplier Relationship Management: How to Maximize Vendor Value and Opportunity changes all that. Containing the best and most innovative advice from the operations and procurement experts at consultant AT Kearney, this book shows that SRM is at root a strategic discussion requiring cross-functional interaction and internal alignment at the highest levels. It requires an honest appraisal of the value that suppliers now bring to your firm, as well as their potential value. It then requires a frank and constructive business-to-business dialogue about how to improve the relationship. When this happens, a company reaps myriad benefits, ranging from new opportunity to added value to competitive advantage—and, quite likely, to overall (and sometimes substantial) cost reductions. This book shows the most concrete methods you can use today to: Identify value-adding opportunities in the supply chain Work closely with suppliers to maximize the benefits Work the "Critical Cluster" of suppliers, where the greatest opportunity for advantage lies Review suppliers to encourage constant gains in quality and cost Turn your SRM strategy into a major competitive advantage Supplier Relationship Management introduces and explains the Supplier Interaction Model, a key tool that will help you get the most from your supplier relationships. It segments the supplier universe into nine categories, from those you want to run away from fast to those so good and so useful to your organization that it can make sense to invest in them directly. Numerous case studies show how to apply the principles to your situation. Supplier Relationship Management burns off the fog that has surrounded the procurement process for far too long. It is the definitive guide for business executives who want to get the maximum benefits from suppliers and gain very real advantages over competitors.

Purchasing and Supply Chain Management

Purchasing and Supply Chain Management
Author: W. C. Benton, Jr.
Publisher: SAGE Publications
Total Pages: 542
Release: 2020-09-10
Genre: Business & Economics
ISBN: 1071804766
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Purchasing and Supply Chain Management introduces students to purchasing as it relates to the supply chain and other functions and systems within an organization, such as marketing, logistics, and operations. Author W. C. Benton, Jr. draws from more than 30 years of practice, instruction, research, and consulting experience to teach students proactive collaboration, negotiation, and analytics. Through a step-by-step approach, readers will gain data-driven purchasing skills crucial for the next generation of professionals. The Fourth Edition is fully updated with new real-world cases, the latest research, and current coverage of key trends in the field. Included with this title: The password-protected Instructor Resource Site (formally known as SAGE Edge) offers access to all text-specific resources, including a test bank and editable, chapter-specific PowerPoint® slides.