Human Resource Management

&

Supply Chain Management

What is human resource management?

What is human resource management?

The effective use of people to achieve both organizational and individual goals.

What is human resource management?

The effective use of people to achieve both organizational and individual goals.

The effective recruitment, selection, development, training and reward systems

Recruitment

The process by which a job vacancy is identified and potential employees are notified.

The nature of the recruitment process is not regulated and depend on company’s parameters.

Main forms of recruitment through advertising in newspapers, magazines, trade papers and internal vacancy lists.

Selection

The process of assessing candidates and appointing a post holder.

Applicants short listed – most suitable candidates selected.

Selection process varies according to organisation.

Most common method – Interview, Psychometric testing, Aptitude testing

Development

Developing the employee can be regarded as investing in a valuable asset

A source of motivation

A source of helping the employee fulfil potential

Training

Similar to development:

Provides new skills for the employee

Keeps the employee up to date with changes in the field

Aims to improve efficiency

Can be external or ‘in-house’

Rewards Systems

The system of pay and benefits used by the firm to reward workers

Money not the only method

Fringe benefits

Flexibility at work

Holidays, etc.

Supply Chain Management

All facilities, functions, activities, associated with flow and transformation of goods and services from raw materials to customer, as well as the associated information flows

An integrated group of processes to “source,” “make,” and “deliver” products

Supply Chain Management (SCM) Managing flow of information through supply

chain in order to attain the level of synchronization that will make it more responsive to customer needs while lowering costs

Keys to effective SCM

Information Communication Cooperation Trust

Copyright 2006 John Wiley & Sons, Inc.10-12

Supply Chain Illustration

E-business and Supply Chain

Cost savings and price reductions

Reduction or elimination of the role of intermediaries

Shortening supply chain response and transaction times

Gaining a wider presence and increased visibility for companies

Greater choices and more information for customers

E-business and Supply Chain (cont.) Improved service as a result of instant

accessibility to services

Collection and analysis of voluminous amounts of customer data and preferences

Creation of virtual companies

Leveling playing field for small companies

Gaining global access to markets, suppliers, and distribution channels

Thanks & Regards

HRM by William J Rothwell and H C Kazanas

by D K Bhattacharyya

 SCM - by Rangarajan, - by J Bramham