Supply Chain Management
Supply chain management can often feel like a complex and challenging process, especially when it comes to ensuring products reach customers on time, managing inventory, and minimizing costs. The good…
What is Scheduling? Scheduling in supply chain management involves determining the timing and sequencing of activities within the production or distribution process to optimize efficiency, minimize costs, and meet customer…
What is Lean Systems? Lean systems in supply chain management refer to a philosophy and set of principles aimed at minimizing waste and maximizing efficiency throughout the entire supply chain…
What is Quality? The American Society for Quality (ASQ) defines quality as “a subjective term for which each person has his or her definition. In technical usage, quality can have…
What is Material Requirements Planning (MRP)? Material requirements planning (MRP) is a computerized inventory control and production planning system. The main objective of any inventory system is to ensure that…
Sales and Operations Planning Process Sales and operations planning (S&OP) is an aggregate planning process that determines the resource capacity a firm will need to meet its demand over an…
What is Transportation in Supply Chain? In a supply chain, transportation is the movement of a product from one location to another as it makes its way to the end-use…
Distribution of Global Supply Chain Distribution encompasses all of the channels, processes, and functions, including warehousing and transportation, that a product passes through on its way to the final customer…
Measuring Supply Chain Performance Inventory is a key element in supply chain management. On one hand, it enables a company to cope with uncertainty by serving as a buffer between…
Information Technology in Supply Chain Information is the essential link between all supply chain processes and members. Computer and information technology allows real-time, online communications throughout the supply chain. Technologies…