Identify the existing supply chain management processes within a banking organization.
Describe the flow of materials to this organization, the organization's function, and the customers it serves.
Identifying the existing supply chain management processes within a banking organization:
The existing supply chain management process within the American Express is based on the principle of global procurement and centralized purchasing. There is a standard set of principles based on which the procurement is done on a global level. This procurement is structured into six layers that is strategic sourcing, operations, procure-to pay transformation, Europe, Japan and relationship management. Strategic sourcing is responsible for labor services, telecom, marketing, corporate travel, real estate and human resources. The highest spending is on technology and the ...
This solution gives you a detailed discussion on supply chain management processes. The flow of material to organizations, the organization`s function and the customers it serves is described.