Schain24.Com - All about Supply Chain Management

Supply Chain Security and business management: An overview

C-TPAT

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 lock and other professional means, creating opportunity to inspect the cargo at an entry to …

Procurement process in supply chain management: Identifying the desired focus

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Abstract The materials are directly required to produce a finished product are called direct materials e.g., personal computer, hard drive etc.Direct materials are required to be available in the right place, right quantity and the right time. Direct materials are related to cost of goods, whereas an an indirect material does not determine cost directly.Indirect …

A discussion about definition of Supply Chain Management (SCM)

A-Simple-Supply-chain

Abstract: To serve the customer, Supply Chain Management need to design, plan, execute, control and monitor Supply Chain activities.  All stages may not be included in the supply chains. While purchasing deals with purchased goods, materials and services supply chain management discusses about inputs, conversion and outputs.For easy understanding ,we may site an example of US Textile & Apparel Supply …

Supply Chain Management and its Drivers:

Supply-Chain

Abstract: The logistical drivers are facilities, inventory, and transportation. Inventory denotes all raw materials, WIP, and finished goods in a supply chain. On the other hand, transportation involves moving inventory from point to point. Information is data about facilities, inventory, transportation, costs, prices and customers throughout the supply chain, also gives shipping option to managers. Pricing drivers determine the …

A white paper about third party supply chain risk:

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  Welcome to www.schain24.com  supply chain management white papers ! The third party supply chain risk as a result of outsourcing different operations is of authentic concern to supply chains. But it’s the subsequent loss of control over the coordination of activities across the multi-tier supply chain that is engendering the most risk and chaos …

About Logistics: A macro view point

Warehouse

Abstract    Logistical   operational   responsibilities   include   delivery of goods between suppliers, transporters  and company users /customers.  For instance, we can say that in the apparel supply chain of Bangladesh,  we usually see that inbound goods come to manufacturing facility  by the transporters and warehouse assistants  receive the cargo, which is provided according to suitable lot size using suitable containers by sea or by air according to urgency of manufacturing needs to fulfill customer requests. Finished  goods are loaded to containers per customer request in suitable lot sizes, so that buyer can collect and market  the goods in an organized and suitable way.A macro view of logistics Logistical management function may entail  some more steps, i.e., locating potential suppliers, determining their accessibility in terms of business production,  and forming relationships. If the business operation is size-ably voluminous enough to outsource online operation logistics, in that case the business has to sync their platform with the third party partner. As we know, in a supply chain management,  logistics and transportation are intertwined. For  e-commerce companies,  chat-bots  can be employed to avail customers with fundamental  queries such as tracking a shipment. Keywords: Supply  chain management(SCM), Logistics, suppliers, transporters etc. Introduction: The term logistics refers …

Letter of Credit and blockchain technology in a Supply Chain

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Abstract: A letter of credit(LC) is also named a documentary credit(DC) in the globalized international trade.In recent times blockchain technology is utilized by banks regarding formulation of letter of credit. The ICC regulates the market practices (Documentary Credit 600) in this regard.These include the advising bank that will give the documentary credit to the beneficiary …