Introduction: In supply chain management procurement of necessary materials and unique services are important for its being viable and worthwhile. And the purchaser can be happy also to get the produced goods and offerings with the aid of the supply chain. For this reason, the procurement method should be applied and controlled properly. Necessary steps: …
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 …
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 …
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 …
Abstract Supply Chain managers have to handle the risks that the particular supply chain faces. Some risks emanate from the third party suppliers and logistic provider side, who are engaged to fill up some requisites of the supply chain and consumers. The purpose of this paper is to take a step back and look at …
Introduction: As Customers are at the end of the network that need certain product or services ,Supply Chain Management is the management of networks and channels involved to serve the customer. SCM covers the movement and storage of raw materials,WIP and finished goods from point of start to point of use the finished goods or …
Introduction: The term supply chain security is used to enhance security of the transport and supply chain as a whole. According to UNECE, in replication to this growing challenge, the World Customs Organization (WCO) adopted the SAFE Framework of Standards in 2005 to provide a more vigorous fixate on those principles of the Revised Kyoto Convention …
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 …
Introduction: In a supply chain management, the first decision the shipper need to take, whether they will make transportation in-house or use a third party carrier. Usually, using third party carrier is mostly found. Using a third party carrier arises the question of shipper-carrier relationship management.With globalization, shipments have been increased very much. In this …
Introduction: The world trade cannot be materialized without the help of port mechanism. The ports must be advanced to materialize world trade. Due to the pressure of globalization to world trade and global supply chain, results in increased pressure on ports and its operational efficiency. Our aim is to discuss below the port mechanism in …
