User:Jukeboksi/BBA studies/Ethical Sourcing

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Revision as of 15:41, 2 September 2013 by wikistudy>Jukeboksi (→‎SCM: sourcing definition of w:Just in time (business) from Wikipedia)

HRM

Human resource management (HRM, or simply HR) is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture and ensuring compliance with employment and labor laws.”

  • w:Employer branding Employer brand denotes an organisation's reputation as an employer. The term was first used in the early 1990s, and has since become widely adopted by the global management community.Minchington (2005) defines employer brand as "the image of your organisation as a 'great place to work'". Employer branding is concerned with enhancing your company's employer brand. ( Wikipedia )
  • w:Recruitment, w:fi:Rekrytointi, refers to the process of attracting, screening, selecting, and onboarding a qualified person for a job. At the strategic level it may involve the development of an employer brand which includes an 'employee offering'. ( Wikipedia )
  • w:Training and development is the field which is concerned with organizational activity aimed at bettering the performance of individuals and groups in organizational settings. It has been known by several names, including human resource development, and learning and development. ( Wikipedia )
  • Remuneration is the compensation that one receives in exchange for the work or services performed. Typically, this consists of monetary rewards, also referred to as wage or salary. A number of complementary benefits, however, are increasingly popular remuneration mechanisms. ( Wikipedia )

SCM

Supply chain management (SCM) is the management of an interconnected or interlinked between network, channel and node businesses involved in the provision of product and service packages required by the end customers in a supply chain.”

Toimitusketjun hallinta (Supply Chain Management, SCM) tarkoittaa tavaroiden toimituksen ja palveluketjun optimointia. Kaikkien toimitusketjun osapuolien; toimittajien, jakelijoiden, alihankkijoiden ym. liikekumppaneiden yhdistämistä ja koko ketjun tehokasta hallinnointia. Tavoitteena on lisätä kaikkien jäsenten välistä kommunikointia ja siten alentaa kustannuksia, lisätä myyntiä ja tehostaa asiakaspalvelua. ”

  • w:Ethics, also known as moral philosophy, is a branch of philosophy that involves systematizing, defending and recommending concepts of right and wrong conduct. ( Wikipedia )
  • Value chain is a chain of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market. ( Wikipedia )

4 strategic decisions

  1. What modes of transport to use ?
  2. What carriers in each mode will the use ?
  3. Own fleet or hire outsiders ?
  4. Will the company manage transportation operations or hire a 3rd party ?