Advance ES
Supplier Management
Lotting Strategy
Guess the Movie
Abbreviation
100

Designed for agreements for spot buys, small amounts, and capital purchases

Purchase Contract

100

Give one document template

Opportunity Overview, Supplier Management Report

100

Give a Lotting example

ABC, Delivery Location, Material Type, End Product Assembly, Manufacturing Process, Size

100

๐Ÿฆ๐Ÿ‘‘

Lion King

100

MDR

Missing Data Report

200

Checks for the status of the parts if it is available, in plan, under contract or restrained

Parts Analysis Check

200

Its goal is to identify the correct suppliers to be invited and confirm their interest in the bid event.

Supplier Identification

200

It is the combination of Individual Lots

Megalot

200

๐Ÿ”บ๐Ÿ”ด๐ŸŸฅ

Squid Game

200

MIN

Material Information Network

300

Setting this up will reduce risk of price increase

Initial Price

300

It is a global trade automation platform that enables companies to optimize and streamline business processes related to cross-border trade

GTM

300

It contains one or more parts whose annual usage is lower than the associated online Lots

Shadow Lot

300

๐Ÿฆ“๐Ÿฆ๐Ÿฆ’๐Ÿฆ›๐Ÿง

Madagascar

300

MBUSA

Master Business Unit Supply Agreement

400

The goal is to consolidate and complete all information needed to generate the RFP/RFQ and Cost Breakdown document for the event

Data Collection Template

400

It leads to list of potential candidates and effective market baskets

Supplier Market Analysis

400

It's goal is to combine parts or services into logical groupings or โ€œlotsโ€ to encourage competitive pricing and overall supplier participation.

Lotting Strategy

400

๐ŸŒฅ๐Ÿ

Cloudy with a Chance of Meatballs

400

PIF

Part Interest Form

500

Covers the comparison and analysis between Business Unit POC / Commodity Managerโ€™s provided historic price in the DCT and Receipt Transaction History

MIN Check

500

It is one of the processes used to support trade compliance.

Restricted party screening

500

What are "attractive" lots?

โ€’Lots Tailored to supplier capabilities or constraints, โ€’Feasible Lead Time/Delivery/Service Level Requirements,High Spend

500

๐Ÿ˜”๐Ÿ˜ƒ๐Ÿ˜จ๐Ÿ˜ก๐Ÿคฎ

Inside Out

500

GTM

Global Trade Management