Supply chain management (SCM) is the ongoing process of managing the flow of products and services. It involves the actual movement as well as storage associated with parts and raw materials, inventory and finished products…
Supply Chain Management KPIs People often get confused between Supply chain strategy and supply chain operations. They think both are the same. However, in reality, the supply chain strategy is broader. It deals with the quality, cost, time, and delivery … Continued
KPIs for Supply Chain Management KPIs ensure the visibility of business performance and combines objective quantitative and qualitative evaluation. When they are aligned with business goals, they show a path to sharpen the focus on improvement. To measure the efficiency … Continued
Procurement Activities Performance Metrics The efficiency of the procurement system of an organization depends on how well its management can analyse the performance data and act upon them. And so, different metrics are often used to track every procurement activity … Continued
Warehouse Operations Effective warehouse operations just can’t provide innovative degrees of retail profits, but could end margin loss in the paths. We examine actions retailers may take for making the warehouse operations be successful. Presently there happens to be a … Continued
Supply Chain Competitive Advantage Supply chain competitive advantage derives from the concept of competitiveness. Any competitive advantage should mirror within the short-term as companies improve their benefits. Experts highlight that many companies have not understood the importance from the environment … Continued
Supply Chain Management Supply chain management is a management approach used in organizations to effectively manage people, activities, information and resources directly or indirectly involved in moving a product or service from suppliers to customers. Product Demand, Information and the … Continued
Lead Times and Forecasting Just about all forecasts handle 4 significant factors that mix to determine which market circumstances would be possible. Here are few examples of those factors that generally tend to be considered: Lead time describes the time … Continued
Supply Chain Inbound Quality Inspections Quality checks are important throughout any supply chain management – whether to check the quality of suppliers or quality tracking down the assembly process work or else test the quality of completed product before it … Continued
Theoretical Capacity Those research tend to be summarized beneath: TOC: Those presumptions tend to be legitimate according to the period horizon. Nevertheless, in long-term, just about all expenses are variable and capacity of plant could be each elevated and/or reduced … Continued
Logistics Definition in Business Supply Chain Management involves planning and managing all purchasing, purchase, conversion, and logistics management activities. If your terms are FOB payment, this means that you are responsible for the delivery method as soon as the product … Continued
