Supply positioning model stock for different categories

supply positioning model

Here’s one important issue we have discussed here. As a supply chain person, you should identify the critical items of your organization. According to that, you can prepare supply positioning model for different categories of items. Thus you can save time and money. Annual Expenditure Value of the SKU/Service More the expenditure value for a … Read more Supply positioning model stock for different categories

10 Thumbrules for Effective Negotiation Skills

effective negotiation skills

1. Don’t negotiate You may surprise to hear that while negotiation you should reminder in your mind this word “don’t negotiate”. Then what should you do? You should try to achieve your objectives that you’ve prepared before start negotiation. These thumb rules proven successfully for effective negotiation. If you start negotiation it may sound like … Read more 10 Thumbrules for Effective Negotiation Skills

11 Ways to expand your online business

online business

E-commerce business is expanding rapidly nowadays, which implies now is the ideal time for new businesses to immovably build up their online stores. There are various strategies for sustaining another online business. In case you’re simply beginning, now’s the ideal time to ensure every one of the components for your online achievement are set up. … Read more 11 Ways to expand your online business

Why Supply Chain Flows are Important? A Case Study

supply chain flows

Importance of supply chain flows There is a close connection among the design and management of supply chain flows (product, records, and cash) and the fulfillment of a supply chain. McDonald’s supply chain flow chart can be discussed here, but another giant Dell PC is an example of a company that has successfully used precise … Read more Why Supply Chain Flows are Important? A Case Study

Answered: Your Most Burning Questions About Cycle View of Supply Chain

cycle view of supply chain

First of all, let me give you a quick summary on cycle view of the supply chain. There are two different ways to view the processes performed in a supply chain 1) Cycle view, 2) Push/pull view. Cycle view The processes in a supply chain are divided into a series of cycles, each performed at … Read more Answered: Your Most Burning Questions About Cycle View of Supply Chain

What is Supply Chain? The Objective of a Supply Chain

what is supply chain

A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves. So if you want to answer of “what is supply chain?”, you should consider all those facts. Within each organisation, such … Read more What is Supply Chain? The Objective of a Supply Chain

Concept of Warehouse in Supply Chain Management

Concept of warehouse

So, what’s your concept of warehouse? Warehouses or distribution centres are places where raw materials, semi-finished or finished goods are stored. They represent an interruption in the flow of material and thus add cost to the system. Items should be warehoused only if there is an offsetting benefit gained from storing them. Read also: Distribution … Read more Concept of Warehouse in Supply Chain Management

06 Important Facts That You Should Know About Warehouse Layout Design

warehouse layout design

For planning the warehouse layout design and operation that system the following fundamental principles hold, which embody the philosophy of good practice: Making the best use of available space Using a ‘unitized’ load system suitable for storage Minimizing the movement of goods by allotting proper storage area Proving flexibility for changing future needs Providing safe, … Read more 06 Important Facts That You Should Know About Warehouse Layout Design