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About Supply Chain Sustainability: A Brief Study

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Introduction: While discuss about Supply Chain Management Network Design the business issue of Supply Chain Sustainability is included by high level executives. Supply Chain Sustainability is affecting an organization’s logistic and Supply Chain Network in terms of environment, risk and cost of wastes. This is considered essential to deliver long term profitability instead of monetary cost, speed and value as …

About International Procurement: Freight Prepaid and related incoterms

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Introduction: Transportation is one of the Drivers of Supply Chain. The term Freight denotes transportation charges. The International Commercial terms or INCOTERMS refers to whether the shipper/consignee responsible to pay the freight or transportation charges. The Incoterms: “Freight Collect” & “Freight Prepaid” are two shipping terms, which indicate whether consignee has the primary liability to the carrier for the shipping …

A Logistic Control System : Kanban

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 control the logistical process, which is not related with inventory control system. The inventor of this system is Taiicho Ohno,who developed the system in Toyota to improve and …

International Procurement: Highlights on some essential incoterms

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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, governments and involved parties with the commercial  transactions . Incoterms usually help to reduce uncertainties and for that reason are incorporated in Letter of Credit, …

About Supply Chain Management Certification Programs:

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Introduction:  According To Some Scholars, Skills/Competencies Of Supply Chain Professionals Are Technical Proficiency In  Some Discrete Areas, Such As, Familiarity With Logistics, Warehousing Equipments, Distribution Centers, Freight Issues Etc. Key Supply Chain Professional’s Skills /Competencies Include Global Orientation, Knowledge About Various Systems, And Leadership Issues. And Superior Business Skills.At The Minimum Level, They Should Have An Understanding Of Business Continuity Basics/Organization’s …

About Supply Chain Drivers:

Introduction: A company can improve supply chain performance in terms of responsiveness and efficiency.It is needed to examine the logistical and cross functional drivers to know about Supply Chain performance. Logistical Drivers are as follows:Facilities, Inventory, Transportation. And following are Cross Functional Drivers: Information,Sourcing,Pricing. Container Depot Supply Chain Drivers: Facilities are places  where inventory is stored, assembled, or fabricated production …

What are the objectives of a typical supply chain?

  Introduction: There are different parties involved in a Supply Chain such as manufacturer,marketer,suppliers,transporters,warehouses , retailers,customers etc. They are directly or indirectly involved in fulfillment of  the customer requirement. The main objective is to maximize overall value generated. They continually look for sources of revenue and cost.    Supply Chain profit: The objective of every Supply Chain is to maximize the overall value generated. Value is the difference between   …

Definition of Supply Chain Management (SCM)

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Introduction: As Customers are at the end of the network, who need certain product or services, Supply Chain Management is the management of networks and channels involved that serve the customer. SCM covers the movement and storage of raw materials, WIP and finished goods from point of start to point using the finished goods or services. An integrated approach: …