About Supply Chain management in the perspective of port mechanism:

Abstract The research of port logistics supply chain has become a key point in the research of port logistics quandary.Because of increasingly fierce market competition and mutable business environment, the port logistics supply chain often face the dubious risk , and the diversity of market demand determines the port logistics supply chain must have highly flexible, the construction of flexible […]

The blockchain technology in procurement related issues: A discussion

Abstract: The e-Commerce platform can potentially evolve as a self-managed platform allowing the suppliers to add their products online and buyers to transact on this platform within the constraints defined in the smart contract framework. A block chain-powered solution can provide a robust platform for suppliers and buyers to collaborate and manage an online store. Using block chain for through […]

About the Gold Supply Chain Management: A brief discussion

Abstract Gold is insoluble in nitric acid, which dissolves silver and base metals, a property that has long been used to refine gold and to attest the presence of gold in metallic objects, giving elevation to the term acid test.In the past, a gold standard was often implemented as a monetary policy, but gold coins ceased to be minted as […]

Supply Chain sustainability: The Walmart perspective

Abstract A sustainable supply chain is measured by triple bottom line “Impact on people, profits and the planet”, which are the upstream components of the supply chain.This shift in paradigm usually reflects        the    understanding   that the sustainable supply chains are profitable supply chains.Now supply chain sustainability can be  measured  and the supply-chains can take  sustainability action plans.Distribution and manufacturing optimization […]

Lean manufacturing: A discussion in the perspective of apparel supply chain

Abstract: In the 1990’s a new term “Lean Manufacturing” was dubbed to replace the negative connotations of TPS. In a nutshell, Lean is a philosophical and methodological approach that strives to provide ever-increasing value to the customer through total employee involvement in the reduction of non-value-added activities and their associated costs. The main challenges which the garment industry is facing […]

Sourcing Decisions and Third Party Supply Chain Management Service Providers

Abstract: Supplier Scoring is used to rate Supplier performance.Impact on Supply Chain surplus and total cost is the basis of comparison between suppliers.If sourcing process is effective it improves profits for the firm and total supply chain in various ways. A firm may like to keep a supply   chain function  in  the  house if   outsourcing increases the third party power significantly. Firms often like to keep the  supply chain function in the house, if there is a chance to leakage of intellectual property or other sensitive information,  especially when  the third party also serves the competitors also.Since late 1990s the trend of outsourcing a greater range of  supply chain function has been growing.With more globalization of business customers are looking for players, who  can manage virtually all aspects of their Supply Chain, which is being called 4PL.A  4PL is an integrator ,who assembles the supply chain resources, capability and technical areas of its own and other organization to design, build and run comprehensive supply chain solutions. Keywords:Supplier, 3PL,4PL, Sourcing,Supply Chain Management etc. Introduction: Sourcing is the whole set of business processes, which is necessary to buy goods and services required by the Supply Chain. Most important decision for a supply chain function is whether it is feasible to outsource or perform the function in- house. When a Supply Chain […]