Supply Chain Management Archives - Schain24.Com

Category «Supply Chain Management»

Cycle View of a Supply Chain

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Abstract Not only manufacturers and suppliers, but additionally conveyors, retailers, warehouses and customers themselves are included in the supply chain.A typical Supply Chain includes a variety of stages including customers, retailers, distributors, manufacturers, component suppliers.Cycle View of Supply Chain is subsidiary to make operational decisions as role of each member of Supply Chain is defined.It’s …

Zara, a case of a retailing organization: Supply chain related issues analyzed

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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 organization’s technology improves operational responsiveness to customer, at the same time reduces cost. her main strategy …

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 …

A short discussion about the Push-Pull view of Supply Chain process

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 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 …

Procurement process in supply chain management: Identifying the desired focus

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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 design etc., a buyer-supplier engages …

The blockchain technology and transportation management

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Introduction: The term “Blockchain” is not new. But recently people are more interest about blockchain technology due to popularity of “bitcoin” and “cryptocurrency”. Bitcoin and cryptocurrency works with the avail of blockchain technology. Therefore, firstly, we require to ken about “what is cryptocurrency?” and “how does it work?”  Blockchain technology can help the transportation management …