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Scholars Journal of Economics, Business and Management | Volume-9 | Issue-01
Siemens Supply Chain Management to Eliminate the Buffers of Inventory That Exists Between Originations in Chains through the Sharing of Information on Demand and Current Stock Levels
Afrin Ahmed, Barota Chakraborty
Published: Jan. 7, 2022 | 125 94
DOI: 10.36347/sjebm.2022.v09i01.001
Pages: 1-5
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Abstract
Objective: The major objectives of Siemens supply chain management to eliminate the buffers of inventory that exists between originations in chain though the sharing of information on demand and current stock levels. Method: As this research was exploratory in nature, the report has been written based on both the primary as well as the secondary form of information. Result: Siemens healthcare Limited has a small number of suppliers. Their responsibility is to only fulfill the local needs on behave to Siemens healthcare Limited to clients. With or without their help, Siemens healthcare Limited put them identify on their client mind by their own afford. Conclusion: The supply chain at Siemens healthcare diagnostics in Bangladesh is an integral link between the suppliers in Germany and customers in Bangladesh. The approach adopted to cater the demands of customers on a global scale is very effective since a global intranet of Siemens enable real time communication between suppliers and SMEL H DX. The information management systems used at Siemens Healthcare Limited are high-end applications software like SAP, Microsoft Outlook, SHOT (Siemens Healthcare on Target) which determine the profitability of the orders that customers place and can provide the estimated profit margin from each deal of the company. This ensures the end-to-end visibility of the supply chain thus ensuring the company retains a competitive growth rate with high levels of customer satisfaction.