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A Logistic Control System : Kanban

What is Kanban? It’s literally “signboard” or “billboard”. In “Lean” or “JIT”production , it is considered as a scheduling system. From the production point of view , it is a way to control the logistical process, which is not related with inventory control system. The inventor of this system is Taiicho Ohno,who developed the system …

International Procurement: Highlights on some essential incoterms

What are the incoterms? Incoterms are nothing but some International Commercial terms published by International Chamber of Commerce to clearly communicate the associated risks,costs,tasks etc. evolved with international procurement and logistics. Which are widely accepted by legal authorities, governments and involved parties with the commercial  transactions . Incoterms usually help to reduce uncertainties and for …

Supply Chain Security: An Overview

Supply Chain Security: The term supply chain security is used to enhance security of the transport and supply chain as a whole. In the greater perspective, it combines traditional supply chain management requirements & global threats such as terrorism, theft, piracy etc. Standard supply chain security arrangements include: (a)creating credentials of participants in the supply …

About Logistics

About Logistics: Logistics: The term logistics refers to providing right amount of material in the right condition, at the right place, at the right time, in the right position, in the right sequence, for the right cost, by using the right methods.  Warehouse In other words, the entire process of transferring products from producer to …

About Supply Chain Management Certification Programs:

A short description ofSupply Chain Management Certification Programs:  According To Some Scholars, Skills/Competencies Of Supply Chain Professionals Are Technical Proficiency In Some Discrete Areas, Such As, Familiarity With Logistics, Warehousing Equipments, Distribution Centers, Freight Issues Etc. Key Supply Chain Professional’s Skills /Competencies Include Global Orientation, Knowledge About Various Systems, And Leadership Issues. And Superior Business …

About Supply Chain Drivers:

About Supply Chain Drivers: A company can improve supply chain performance in terms of responsiveness and efficiency.It is needed to examine the logistical and cross functional drivers to know about Supply Chain performance. Logistical Drivers are as follows:Facilities, Inventory, Transportation. And following are Cross Functional Drivers: Information,Sourcing,Pricing. Container Depot Facilities are places  where inventory is …

The Value Chain and Business strategy

Introduction: The term value chain consists of a chain of activities that a firm operating in an industry, which performs in an order to deliver a valuable product or service for the market and customer. The Firm level value chain: A firm value chain is a representation of various processes involved in producing goods and …

What are the objectives of a typical supply chain?

The Objectives of a Supply Chain Introduction: There are different parties involved in a Supply Chain such  as manufacturer,marketer,suppliers,transporters,warehouses , retailers,customers etc. They are directly or indirectly  involved in fulfillment of  the customer requirement. The  main objective is to maximize overall value generated. They  continually look for sources of revenue and cost. Supply Chain profit: The objective …

What is a green supply chain?

Green Supply Chain: What is a  Green Supply Chain? “Green Supply Chain” or “Environmentally Friendly Supply Chain” are almost synonymous.For  a firm , it is a set of supply chain policies formed and held,action taken accordingly and relationships formed in response to concerns related to the natural environment,so that acquisition,production,distribution and disposal of the firm’s …

Definition of Supply Chain Management

What is Supply Chain Management? As Customers are at the end of the network, who need certain product or services, Supply Chain Management is the management of networks and channels involved that serve the customer.SCM covers the movement and storage of raw materials, WIP and finished goods from point of start to point using the …