Shared Flashcard Set

Details

CPSM Study Guide 1 - Team 3
SPCM Study Guide for sections C/D - Pg 188 - 196
29
Management
Undergraduate 4
09/20/2011

Additional Management Flashcards

 


 

Cards

Term

TASK 1-D-3

 

IMPPLEMENT, MONITOR AND PROMOTE ORGANIZATIONAL AND SUPPLY CHAIN SAFETY POLICIES AND PROCEDRES - P. 187

Definition

 

1. Law & Regulations

2. Policies & Procedures

3. Supplier & Subcontractor Safety

4. Customer Driven Requirements

Term

 

LAWS & REGULATIONS

 

-APPLICABLE LAWS-

 

P. 187

Definition



In US workplace safety is covered by tge Occupational safety and Health Act (OSHA)

 

 

Term

 

 

OSHA PURPOSES

 

P. 188

 

Definition

a) To establish workplace safety standards


b) to provide rules for conducting investigations of accidents as well as routine inspections


c) to implement recordkeepong requirements


d) to require research on safey-in-the-workplace issues

Term

 

 

WHO OSHA AFFECTS

Definition


Suppliers are held accountable for their own OSHA violations.

 

However SCM professionals should be sure to include "compliance with the law" clauses in their contracts.

Term

 

 

PENALTIES FOR OSHA VIOLATIONS

 

P. 188

Definition

 

 

OSHA carries both criminal and ciliv penalities for managers when there are violations of standards or when an injury results from failure to correct violations

Term

 

 

PERSONAL LIABILITY

 

P. 188

Definition

 

 

Under certain circumstances, an individual as well as an organization may be help legally responable for safety violations

Term

 

 

ORGANIZATIONAL LIABILITY

 

P. 189

Definition

 

Laws in many countries impose a responsibility on the employers should take resonable actionsto ensure the safety, health and warefare of its employees at work.


Failure to do so could result in criminal and/or civil prosecution

Term

 

DEPARTMENT OF TRANPORTATION

OR

THE OTHERS COUNTRY'S EQUIVALENT

 

P. 189

Definition

 

The US Department of Transportation (DOT) whichh has counterparts in nearly every country is responsible for the rules and regulations for air, water, and ground transport.


The DOT also regulates the transportation of hazordous materials, pipeline safety, the licensing of motor carriers and security for all forms of transport

Term

 

DEPT. OF HOMELAND SECURITY (DHS)

OR

OTHER COUNTRIES EQUIVALENT

 

P. 189-190

Definition

 

 

The DHS and equivalent agencies in other countries are created for the purpose of preventing or deterring terrerist attacks and protecting against and responding to threats and hazards to the nation.

Term

 

SIX POINT AGENDA FOR THE DHS

 

Points 1-3

 

P. 190

Definition

1. Increase overall preparedness, partuicularry for catastrophic events


2. Create better transportations security systems to move people and cargo more securly and efficiently


3. stregthen border security, interior enforcement and reform immigration processes performance.

Term

 

 SIX POINT AGENDA FOR DHS

 

Point 4-6

 

P. 190

Definition


4. Enhance information sharing with DHS's partners


5. Improve DHS financial management, human resources development, procurremtn and information technology


6. Realign the DHS organization to maximize mission

Term

 

POLICIES & PROCEDURES

 

- EMPLOYEE SAFETY-

 

P. 190

Definition


Organizations should develop safety polocies and procedures that only ensure compliance with laws but have as their goal the best available techniques and systems for assuring employee safety

 

Term

 

TRAINING REQUIREMENTS

 

P. 190

Definition

 

 

Compliance is only possible when employees are afforded sufficient training on minimal legal requirements.

 

Term

 

PERSONAL PROTECTIVE EQUIPMENT

 

P. 190-191

Definition

 

 

The organization is responsible for providing personal protection equipment such as clothing, helmet, goggles,, safety glasses, and other gear designed to protect emplotees

Term

 

MSDS / POSTING REQUIREMENTS

 

P. 191

Definition


MSDS sheets should be on file for toxic materials.  The MSDS must be posted in the area where the employees are working with the material and must identify the product, its hazardous ingredients, it's chemical and physical properties,  its expiration date, emergency tephone numbers, and the last date the MSDS was revised.

Term

2) Interpersonal skills for working with other cultures

 

p 151

Definition

-Learn the customs for communicating (verbal and nonverbal) /negotiating with other countries

-primary focus is on personal relationships

Term

3) CULTURAL AWARENESS

 

P 151

Definition

-Gained thought methods as online training, books, immersion experiences, consultants and case studies

-knowledge of cultrual norms will increase SM profressional's effectiveness in building and maintaining relationships

Term

4) FINANCIAL ISSUES

 

A) Landed cost analysis

 

p151-152

Definition

-SM professional must consider total landed cost of an imported item

-Landed cost model contains: supplier acquisition cost, inventory cost, admin overhead, in-transit inventory, duties, tariffs & taxes, transportation costs

Term

4) FINANCIAL ISSUES

 

B) Exchange Rates

 

P 152

Definition

-Price at which they buying organiz. currency can be bought with onther currency or gold.

-The ER between 2 nations affects the price level of traded purchases and sales between them

-creates a disadvantage or advantage for buying organiz.

Term

 

RECORD RETENTION

 

P. 191-194

Definition

What records?

Contracts, Employment files, maintenance records, MSDS, Bills of sale

 

How long should records be retained?

General practice is to retain them for six (6) years.

Term

4) FINANCIAL ISSUES

 

B) Echange Rates cont.

 

p 152

Definition

ER concepts:

-Nominal official exchange rate (NOER)

-Real official exchange rate (ROER)

-Shadow exchange rate 1 (SER1)

-Weighted average tariff (WATR)

-Shadow exchange rate 2 (SER2)

-Shadow exchange rate 3 (SER3)

Term

4) FINANCIAL ISSUES

 

B) Exchange Rates cont.

 

P 153

Definition

Forces that change ER:

 -Domestic compared to foreign inflation rates

-Commercial policies of the gov't (tariffs and nontariff barriers to trade

-International movements of capitals and incomes

Term

 

INDUSTRY BEST PRACTICE

 

P. 194

Definition

 

 

When developing or updating organizational policies and procedures regargung saftey, it is recommended that organizations review best practices in their industry.

Term

4) FINANCIAL ISSUES

 

C) Payment Mechanisms

 

P 153

Definition

2 major forms of payment for international purchases:


1). Letter of credit- doc. that assures the seller that pymt will be made by the bank issuing the LOC. 


2). Bill of exchange or draft- doc. drawn by the seller on the buyer, instructing the buyer to pay the amount of the purchaseunder specified circumstances

Term

 

STORAGE REQUIREMENTS

 

P. 194

Definition

 


Systems should be established for the storage and maintenance of documents needed for policies, procedurtes, and reporting requirements.

Term

SUPPLIER AND SUBCONTRACTOR SAFETY

 

-AUDIT AND REVIEW-

 

P. 194

Definition

 

The supply management professional should asses and evaluate the supplier's and subcontractor's safety histories. With access to all of the organization's citations and inspections, the safety audit may be conducted relatively conveniently.

Term

 

TRAINING

 

P. 195

Definition

 

Many organizations require suppliers and subcontractors to participate in safety training sessions conducted on site or via computer or the internet. Some organizations requires suppliers to deliver such training to their employees and subcontractors, reguardless of geographical location, on a perodic basis as a requirement of the contract

Term

4) FINANCIAL ISSUSES

 

D) Taxes

 

P 154

Definition
Major Taxes include:
Term

 

CUSTOMER - DRIVER

REQUIREMENTS

 

P. 195

Definition

Certain customers, such as the US federal governement may require that the buying organization and its supplies comply with certain legal requirements.


The perception that theorganization orits suppliers are intensive to these laws or to the issue of equal opportunity can create an adverse reaction, as well as the possibility of losing governmental contracting status.

Supporting users have an ad free experience!