TABLE OF CONTENTS
AIMS OF THE REPORT
NISSAN MOTOR MANUFACTURING UK LTD. (NMUK)
SUPPLIER DEVELOPMENT PROGRAMMES IN NMUK
SUCCESS GAINED (PERFORMANCE MEASURES)
LESSONS FROM THE ANALYSIS
CONCLUSION (FUTURE TRENDS)
WORD COUNT = 1,718
As the world evolves into a fast paced, rapidly moving scene, so has its effect been felt in almost every facet of life. One area of interest where this is evident is in business. There is a continuous need for innovative practices and ways of managing business with the view of gaining and maintain a competitive advantage over the contemporaries or colleagues in the industry. Effective management of the supply chain at all times is potential a means of achieving this goal. This practice is referred to as "Supply Chain Management".
Supplier development is one major aspect of supply chain management. It deals with the development effort of the buying organization towards its suppliers.
The major subject of interest in this report is "co-development", which is a very level of supplier development. Though it has its inherent challenges and requires lots of efforts from all the parties involved, it is believed to equally yield worthwhile results that benefit all these parties.
In this report, I will be discussing a co-development programme that took place in Nissan Motors, United Kingdom (NMUK).
The procurement function of any business deals with the acquisition of goods and/or services at the most desirable cost, time, quality and quantities (Waller 2003). Its activities therefore remain very crucial for a good overall business performance. Therefore, it is very necessary that this area of the business is well and efficiently managed.
To achieve this goal in very larger manufacturing organizations, the procurement usually seek or identify potential long term suppliers.
To improve the performance of...