Undestanding Supply Chain Drivers Archives - Schain24.Com

Tag «Undestanding Supply Chain Drivers»

Understanding Revenue Management in a Supply Chain Management Perspective:

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Introduction: Revenue Management is used for differential pricing to better match supply and demand, at the same time, increases supply chain profits. In a more traditional approach, firms aimed to reduce supply /demand imbalance by changing the availability of assets. While revenue management approach in modern supply chain management uses prices as a lever to …

A discussion on Lean, Six Sigma and Kaizen in the context of manufacturing :

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Introduction:   Lean manufacturing is a synchronized method with which a supply chain can eradicate waste from its production process. According to customer needs, production process is required to develop, so that produced goods become more valuable product in quality. In contemporary manufacturing many supply chains are taking help of lean manufacturing method, so that …

About Logistics: A macro view point

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Introduction: 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. In other words, the entire process of transferring products from producer to consumer including storage …

About International Procurement: Freight Prepaid and related incoterms

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Introduction: 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. The Incoterms: “Freight Collect” & “Freight Prepaid” are two shipping terms, which indicate whether consignee has the primary liability to the carrier for the shipping …

International Procurement: Highlights on some essential incoterms

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Introduction: 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 that reason are incorporated in Letter of Credit, …

About Supply Chain Drivers:

Introduction: 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 Supply Chain Drivers: Facilities are places  where inventory is stored, assembled, or fabricated production …