Page 45 - Journal of Strategic Marketing Magazine - April 2019
P. 45
SUPPLY CHAIN MANAGEMENT
Why should logistics service
providers know about purchasing
and supply management?
Logistics service providers need to know about and understand the purchasing and supply
management of their own organisations and of their client organisations. Dr Beverley Waugh
and Dr Myles Wakeham explore the critical relationship between buyers and sellers.
“ The ongoing development of
the discipline of purchasing and
supply management is most
important for the users (buyers) and
providers (sellers) of both goods and
services. It is an exciting business
concept that can affect the bottom line
of both the buyer (e.g. a manufacturer)
and the seller (e.g. a 3PL or logistics
service provider) due to its impact on
costs and customer service.
~ IMM Graduate School, 2018.
How organisations select their
suppliers impacts the quality of their
goods and services. Aspects such as
the purchasing and even outsourcing
of logistics services includes the
relationships between these buyers
and sellers, thus playing an important
role in organisational success.
Understanding the different roles
and tasks of the purchasing and supply
functions within organisations is critical.
It is also important that other functions,
such as logistics, understand these
speciic purchasing tasks, whether
they be the logistics department of a
manufacturer or exporter for example,
or a logistics service provider that
needs to understand their clients and
the speciic tasks that their clients’
supply teams go through in selecting
or NOT selecting them as the provider
of the procured services.
Also, aspects such as purchasing
and supply policies and strategies, the
assessment and selection of suppliers,
Strategic Marketing - p43
Why should logistics service
providers know about purchasing
and supply management?
Logistics service providers need to know about and understand the purchasing and supply
management of their own organisations and of their client organisations. Dr Beverley Waugh
and Dr Myles Wakeham explore the critical relationship between buyers and sellers.
“ The ongoing development of
the discipline of purchasing and
supply management is most
important for the users (buyers) and
providers (sellers) of both goods and
services. It is an exciting business
concept that can affect the bottom line
of both the buyer (e.g. a manufacturer)
and the seller (e.g. a 3PL or logistics
service provider) due to its impact on
costs and customer service.
~ IMM Graduate School, 2018.
How organisations select their
suppliers impacts the quality of their
goods and services. Aspects such as
the purchasing and even outsourcing
of logistics services includes the
relationships between these buyers
and sellers, thus playing an important
role in organisational success.
Understanding the different roles
and tasks of the purchasing and supply
functions within organisations is critical.
It is also important that other functions,
such as logistics, understand these
speciic purchasing tasks, whether
they be the logistics department of a
manufacturer or exporter for example,
or a logistics service provider that
needs to understand their clients and
the speciic tasks that their clients’
supply teams go through in selecting
or NOT selecting them as the provider
of the procured services.
Also, aspects such as purchasing
and supply policies and strategies, the
assessment and selection of suppliers,
Strategic Marketing - p43
