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The supply chain is a network of retailers, distributers, transporters, storage facilities and suppliers who take part in the production, delivery and sales of a product. From the above statement it may also be true to say that the supply chain involves connecting the suppliers…
Fresh out of school, I started a career in Sales. Initially, I sold office and home furniture. I always pride myself on my ability to strike a good bargain and close any deal. This can be attributed to my basic knowledge of supply chain management….
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Although the obliteration of the automotive manufacturing industry in Australia, truck manufacturing in Australia is thriving. With main industry shareholders such as Volvo and Kenworth making record amounts of trucks in Australia over the last year. The need for trucks continues to grow with more…
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Globalism has vastly contributed to “the world being flat”. Globalism has pushed the advances of technology, innovative business practices, and living through an ever expanding technological “boom”, which are all major factors in the flat earth that we live in, as Thomas L. Friedman states…
Abstract: With retrogression of environment and ballon in consumer awareness, government regulations sustainable supply chain has become paramount for the companies. Many companies across the world have inculcated green practises in their supply chain. This article describes the concepts, benefits & modus operandi of sustainable…
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A lean supply chain is a very big part of the whole lean strategy and from using this organizations can get lot of advantages and effective, resourceful in supply chain management development with the minimum of waste. First of all we will look what is…
Kipchilat (2009) quoting a Comesa report (2004) argued that supplier selection has become one of the elementary roles of supply chain managers since it virtually affects an organization’s competitiveness. A huge chunk of the organization’s capital resources is spent on inventory hence it suffices to…
Currently, millions of Canadians worry about having sufficient amount of food, suitable selection of food and quality of food. The outlined groups of individuals are characterized as living in households that are food insecure. Compared to individuals found in homes that are food secure, food…
The dawn of a new era in retail, the much awaited breakthrough is here. The biggest e-commerce deal executed in India. The world is moving towards building new ecosystems-commerce, logistics, financial services, payments, entertainment and many more. Flipkart was founded by the IIT D alumnus,…
Before we talked about Performance metrics we need to understand the difference between measure, metric and an index. Normally, measure was used to denote any quantitative output of an activity or process. Nowadays, the term measure is not use frequently, today, metric is a term…
This case study aims at studying the supply chain management at Walmart to identify strengths of its supply chain and to identify lost opportunities in the past decade. Although Walmart has the best in class supply chain management for its stores, it has lost its…
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Humanitarian supply chains are set in place to meet the demands of at risk people in the aftermath of disasters. In order to be successful, they must find the most cost and time effective way to get these vulnerable citizens the supplies and goods they…
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An entire supply chain is like a story and person managing it is the story teller. This story consists of characters such as the ones purchasing the raw materials, items and equipment used in creating the product and means of getting the item to the…
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Variable demand and cost uncertainty are the key issues that have been taken into consideration while planning its supply chain network. A new approach has been developed to determine the production capacities, distribution locations and materials flow for a new product launch. The model provides…
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Executive Summary: Launched at midnight of June 30th, 2017, the Indian Government has proposed to substitute the present tax system Value Added Tax (VAT) and Excise with Goods and Service Tax (GST).Under this new system, there would be common tax for all goods or services…
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