It is a matter of fact that through increasing globalisation, multinational companies now face a wide range of issues related to their business, for instance, the processes of purchasing and manufacturing as well as the management of inventory. Furthermore, multinational companies have major implications on the external environment.
This report will focus on Unilever´s procurement function and their inventory requirements. Unilever is a multinational company with more than 400 brands spanning 14 categories of nutrition, home, personal and care products with presence in more than 100 countries worldwide to meet everyday needs.
Inhaltsverzeichnis (Table of Contents)
- 1. Introduction.
- 2. A Description and Critically Review of Unilever's Procurement Function and Inventory Requirements.
- 2.1 Unilever's Procurement Function
- 2.2 Unilever's Inventory Requirements
- 2.3 Conclusion........
- 3. The Strategic Planning Process of Unilever's Procurement Function and the Wider Effects of Purchasing and Inventory.
- 3.1 The Strategic Planning Process of Unilever´s Procurement Function
- 3.2 The Wider Effects of Purchasing and Inventory.
- 3.2.1 Supply Chain Management.
- 3.2.2 Enterprise Integration......
- 3.2.3 Logistics Management.
- 3.2.4 Suppliers and Customers.
- 3.3 Conclusion...
- 4. The System and Resource Requirements of Implementing Just-In-Time........
- 4.1 The System of Just-In-Time.
- 4.1.1 The Effects of Implementing Just-In-Time.
- 4.1.2 The Benefits of Implementing Just-In-Time.
- 4.1.3 The Problems of Implementing Just-In-Time.
- 4.2 Resource Requirements of Implementing Just-In-Time
- 4.3 Conclusion......
- 5. The Implications of Unilever's Global Purchasing and Inventory Functions on the External Environment
- 5.1 Global Purchasing and Inventory Functions and the External Environment
- 5.2 Implications on the Macro Environment...
- 5.2.1 Political and Legal Implications...
- 5.2.2 Economic Implications
- 5.2.3 Social Implications.
- 5.2.4 Technological Implications..\li>
- 5.2.5 Environmental Implications.
- 5.3 Conclusion..........\li>
- 6. Conclusion...........
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This report investigates the procurement function and inventory requirements of Unilever, a multinational corporation with over 400 brands across various product categories and a presence in over 100 countries. It explores the intricacies of Unilever's strategic planning processes and their implications on the wider business landscape, including the role of suppliers and customers. Furthermore, the report examines the implementation of a just-in-time system and its associated resource requirements, emphasizing its impact on efficiency and cost management. Finally, the report analyzes the implications of Unilever's global purchasing and inventory functions on the external environment, considering political, economic, social, technological, and environmental factors.
- Unilever's procurement function and inventory requirements
- Strategic planning process and its wider effects
- Implementation of just-in-time system and resource requirements
- Implications of global purchasing and inventory on the external environment
- Challenges and opportunities in managing a global procurement function
Zusammenfassung der Kapitel (Chapter Summaries)
The report begins with a detailed description and critical review of Unilever's procurement function and inventory requirements, highlighting the importance of strategic sourcing and maintaining a constant supply of materials. The chapter explores the objectives of procurement, including cost optimization, supplier selection, and ensuring the smooth flow of goods. It also discusses the challenges faced by both the procurement and inventory departments in maintaining a balance between cost efficiency and meeting the needs of the business.
The third chapter delves into the strategic planning process of Unilever's procurement function and its broader impact on the company's operations. It examines the interplay between procurement and other business functions, such as supply chain management, enterprise integration, logistics, and customer relations. This chapter sheds light on how effective procurement strategies can contribute to overall organizational success.
The fourth chapter focuses on the system and resource requirements for implementing a just-in-time system. It explores the benefits and challenges of adopting such a system, considering its impact on efficiency, inventory control, and cost management. The chapter also highlights the need for careful planning and resource allocation to ensure successful implementation.
Finally, the fifth chapter investigates the implications of Unilever's global purchasing and inventory functions on the external environment. It analyzes the company's impact on various external factors, including political and legal landscapes, economic conditions, social issues, technological advancements, and environmental considerations. This chapter provides insights into the challenges and opportunities associated with managing a global procurement function within a complex and ever-changing external environment.
Schlüsselwörter (Keywords)
The key terms and concepts explored in this report include: procurement function, inventory management, strategic planning, just-in-time system, global purchasing, supply chain management, external environment, political and legal implications, economic implications, social implications, technological implications, environmental implications.
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- B.Sc. Marcel Keller (Author), 2010, Procurement and Inventory, Munich, GRIN Verlag, https://www.grin.com/document/160065