Undestanding Supply Chain Drivers Archives - Schain24.Com

Tag «Undestanding Supply Chain Drivers»

A Short discussion on Lean, Six Sigma and Kaizen especially in the context of Apparel Supply Chain:

Lean manufacturing: Lean manufacturing involves never ending efforts to eliminate or reduce “muda” (a Japanese term used to reduce waste, which does not add value to Supply Chain) while make design, manufacturing, distribution and customer service processes in the respective Supply Chain. Lean Manufactory House [Picture Source=Originally from [http://nl.wikipedia.orgnl.wikipedia/]     Lean Six Sigma: A …

About International Procurement: Freight Prepaid and related incoterms

International Procurement: Freight Prepaid and related incoterms Transportation is one of the Drivers of Supply Chain. The term Freight denotes transportation charges. The International Commercial terms or INCOTERMS refers to whether the shipper/consignee responsible to pay the freight or transportation charges. “Freight Collect” & “Freight Prepaid” are two shipping terms, which indicate whether consignee has …

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 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 …