Abstract: Based on rules of origin LDC Tariff facility, either must be fully produced at a LDC country or cumulative value addition by other LDC or Canada. Canada has offered Bangladesh a wider package support for maximize trade opportunities out…
Abstract To run a production system as a whole and to promote improvement kanban is used as tool.The Kanban system was implemented in 1953 in Toyota Company manufacturing process. Those signals are tracked by replenishment cycle, so that suppliers and buyers notice it. They observed that they can view a process as being a customer and proceeding process as a store. Signboards were used to give expression of shipping at the store. Kanban is part of a system where “Pull” comes from the demand. According to Taiichi Ohno , must follow strict rules to be effective, also need close monitoring of products ,so that products with defect should not be sent to subsequent process, produce exact quantity; the process should be tuned finely and rationally. Keywords: Lean manufacturing, Kanban tool, JIT etc. Introduction 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…
Abstract With block chain technology and other technologies like AI can solve most of the supply chain management week points and make it more reliable. The”cryptocurrency” technology is alsoused by some supply chains such as VeChain,Waltonchain – …
Abstract: Standard supply chain security arrangements include: creating credentials of participants in the supply chain, finding, validating contents of cargo being shipped, notification of the contents in advance to the destination country, ensuring the security of cargo in transit using…
Abstract: Incoterms are last amended by ICC on January 01, 2013.Some essential incoterms are highlighted below: The incoterms EXW can be defined as an agreement between a buyer and a seller that after production completed and left warehouse of the seller, seller is not responsible for cost and liability for the product. Incoterms FOB and EXW can be used interchangeably while consider terms and agreement between buyer and seller.Seller is not responsible for loading the goods unless specified otherwise and buyer is responsible for doing insurance for EXW shipments under the buyer’s Ocean Cargo Policy.Free Carrier While using the incoterm FCA , the Seller agrees to give delivery of the goods into the custody f the forwarder, freight forwarder etc.Free on Board(Named port of shipment) The incoterm FOB is from thepoint of delivery of goods and transfer of risk, it starts with the goods pass the ship’s rail at the named port of shipment. Except CIP and CIF , incoterms do not have any obligation on the Seller and Buyer to provide insurance. Keywords: Freight collect, Incoterms,EXW, FCA, FOB Article: 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,…
Abstract: The retailing organization Zara has suppliers from about 50 countries. Zara is called “Fast fashion” in a segment of the market. Following things in Zara’s ICT try to seamlessly coordinate between organizations and enhance supply chain integration. The…
Abstract: The e-Commerce platform can potentially evolve as a self-managed platform allowing the suppliers to add their products online and buyers to transact on this platform within the constraints defined in the smart contract framework. A block chain-powered solution can…
Abstract: In a supply chain an air cargo is any product carried or to be carried in an aircraft. Organized air freight started to transport air cargo from the 1920s on, the first commercial airlines that were all-cargo did not…
Abstract: The Supply Chain processes start cases with the express market needs, which pushes research and development, which in turn pushes production and production pushes marketing to meet the already expressed demand. If the customer orders are speculative and order…