Trucks used on the job site aren’t the most glamorous vehicles out there. They aren’t built for speed. They aren’t built to make you look impressive whizzing down the Autobahn. But that doesn’t mean that there aren’t a lot of important design and engineering ideas which go into making these products great. And despite being […]
The traditional warehouse combines a mixture of bulk storage and pallet racks. The former is ideal for facilities that have to deal with large quantities of goods both arriving and departing on a regular basis, as these can be stored in the original containers on the warehouse floor. For items that don’t sell as quickly, […]
If you are about to move home or renovate it, or if you want to have more storage space but there simply isn’t any room in your house, then portable storage units may just be exactly what you have been looking for. You can use these units to simply store any item you like when […]
Your company may have a need to ship bulk cargo—a large quantity of an item that is unpackaged, typically in liquid or granular form. It may be a one-time thing, or it may be something you do on a daily or weekly basis. No matter the frequency of your shipping needs, it’s important to know […]
Fleet management is becoming more and more important in businesses, particularly as businesses look to find more ways to save money.
If you are looking for a reliable and trustworthy company who can help you import products from China, then you can get to choose from a huge list of companies. Look for a reliable and trustworthy agent who has huge years of experience, excellent professionalism to ensure you with safe and smooth shipping process. One […]
For many businesses their biggest investment will be a fleet of vehicles, and the upkeep on this can be both expensive and complex. When you own and regularly use a fleet of vehicles for business you will have to consider vehicle financing, tracking and diagnostics, driver management, fuel management, health and safety and vehicle maintenance […]
Purchasing is among the most important activities in supply chain management, since it is the primary point of contact with most supply-chain partners. A major area in purchasing management is that of Supplier Selection Problem (sometimes called the Vendor Selection Problem). Research in this domain started in the early 1960s and over 175 studies have […]
In this article, we take you on a tour on the very basic focus of supply chain management. While there are many articles, which talk about the intricacies, the sole focus of this article is to cover all the various aspect an opening class for a grad program is likely to address. There are few […]
No doubt that the efficient management of the Supply Chain is crucial for any business, but the grasping question always comes is how does it create value for the firm? More still, how can that value be better managed so as to create competitive advantage for the firm? While the Value Chain analysis as developed […]
Supply Chain Management is often defined in Operations Management literature as the integrative planning and management of all activities involved in sourcing and procurement, conversion, and all Logistics Management activities (Handfield & Nichols, 1999; Mentzer et al., 2001). Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, third-party service providers, […]
Buyer-Supply networks are composed of multiple numbers of firms from a variety of interrelated industries. Such networks are subject to shifting strategies and objectives within a dynamic environment, guided by (micro factors) internal factors of the individual firms and also by the (macro factors) industry dynamics of the same. Today, supply chain management involves adapting […]
A supply chain is essentially a network of inter-connected and interdependent organizations mutually and cooperatively working together to control, manage and improve the flow of materials and information from the suppliers to the end users. The very definition shows how important information sharing plays a huge role in the management of the supply chain, since […]
Today the buzz word in supply chain management is a lean supply chain. Question is, although lean supply chain offers many benefits, it has its own set of management challenges. Lean supply chain management is not only for the manufacturing companies but for any setups which need to streamline processes by eliminating non-value added activities. […]
E-markets have been established in many industries as a sourcing option for buyers. Research has implied that the e-markets have substitutional effect on the traditional supply chain, yet in many situations, e-markets are used by buyers as a benchmarking tool in negotiations with traditional suppliers. The late 1990s and early 2000s have seen the rise […]
Today, many supply chain managers believe that there are multiple risks involved in a supply chain, and yet are often ill-equipped to handle the same. Many of the risk factors develop from a pressure to enhance productivity, minimize waste, remove supply chain duplication, and improve bottom-line.