October SCM Internship Activity Report

October SCM Internship Activity Report
Author’s Name
The Institutional Affiliation
Course Number and Name
Instructor Name
Assignment Due Date
“October SCM Internship Activity Report”
Name of the student: [Your Name]
Internship Company: SV Summit (Uoffer), Intellipro Group
Position: Logistics and Procurement Intern
Duration: Month 1 (3-month program)
Submission Date: [Date]
Month 1 In-Depth Activities and Learnings
My internship at SV Summit launched me into the fast-paced supply chain management (SCM) world within the Logistics Division. In my first month, I was focused on practical skill acquisition and process participation, weaving through SCM elements.
Supplier Communications: Negotiated prices with three important suppliers, using comparative cost analysis techniques to get good deals. I used various negotiation techniques, including anchoring and BATNA (Best Alternative to a Negotiated Agreement), to cut material costs by 7% on average per unit.
Order Management: Using SAP's ERP system to automate tracking orders, which reduced manual tracking attempts by 30%, I helped manage more than 50 purchase orders. My attention to order inconsistencies and immediate corrective action reduced the likelihood of delays in the supply of raw materials.
Data Evaluation: Using Tableau, I created dashboards to represent the movement of inventory and patterns of demand visually. Specifically, I employed the 'trend lines' and 'forecast' features to anticipate future inventory requirements. A proposal to adjust procurement schedules followed my analysis of a bi-monthly spike in material demand.
Inventory Control: Using a WMS and an ABC analysis to sort stock into three priority levels (A, B, and C), I was able to improve the efficiency of stock management and reduce the ...