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Procurement process in supply chain management: Identifying the desired focus

Introduction: There are some materials, which are used for the production of products. But, some materials and services are used as a support of the main production process. Although, the whole procurement process should consolidate orders to take advantage of economies of scale and quantity discounts. The Process: After completion of supplier selection, contact making, product …

Supply Chain Management and its Drivers:

Supply Chain

Introduction:     There are some supply chain drivers which are responsible for the performance of a supply chain. We need to have a good understanding about supply chain drivers to understand supply chain performance.    Logistical Drivers: The logistical drivers are facilities, inventory, and transportation. The two main facilities are storage and production sites. …

A Company’s overall success: Achieving strategic fit

Introduction: In the above perspective, we like to discuss about definition of Supply Chain Strategy. A company’s performance is affected by the strategic fit. The company’s strategic fit is achieved by interaction between a respective company’s competitive strategy and the respective supply chain strategy. The scope of strategic fit to be discussed in this article …

Cycle View of a Supply Chain

The processes in a Supply Chain are usually divided into a series of cycles, each performed in the interface between two interrelated successive stages of a Supply Chain. Supply Chain Stages  Supply Chain consists of all parties. Who are involved directly or indirectly, while fulfill customer request. Not only manufacturers and suppliers, but also transporters, …

About the Push-Pull view of Supply Chain process

 Introduction: The business terms “Push” and “Pull” originated in the Logistic and Supply Chain Management. Relative to customer demand, supply chain processes are executed, which fall into two broad categories-“Push” and “Pull”. The Push-Pull view of Supply Chain process: The execution of the Supply Chain process is reactive to customer demand. Then, it is under …

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 …

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 …