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Supply Chain Management and its Drivers:

Supply-Chain

  Introduction:   There are some supply chain drivers which are responsible for the performance of a supply chain. We need to have a good understanding about supply chain drivers to understand supply chain performance. Absence or weakness of some of the drivers can be an obstacle to the supply chain.    Logistical Drivers:   The …

Understanding Revenue Management in a Supply Chain Management Perspective:

scm

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 …

Strategic shipper carrier relationship: Transportation management

Carrier

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 …

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

Lean_manufactory_house

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

Warehouse

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 the Gold Supply Chain Management: A brief discussion

Gold supply chain

Introduction: The major supply chain challenges in countries with gold mining and gold supply chain are supply of low quality products , unreliable and skeptical lead times , inability of farms to maintain international standard , high transportation and violence by the local communities, fluctuation of international market prices etc. Energy, environmental aegis ascendant entities …

Logistics Companies and Selecting a good Logistic service provider:

The-Value-Chain-

Introduction: Logistics in general is implemented by a detailed organization through a complex operation. In a supply chain management or general business to fulfill customer needs from production point to point of consumption delivered through a logistical process. In other areas such as military organization also there are great needs of logistical process and logistic service …