Basics of Supply Chain

A supply chain is an entire system of producing and delivering a product or service, from the very beginning stage of sourcing the raw materials to the final delivery of the product or service to end-users.The supply chain lays out all aspects of the production process, including the activities involved at each stage, information that is being communicated, natural resources that are transformed into useful.

Inventory Management

Inventory is not free. Chances are, you are holding more inventory than needed, possibly diminishing your earnings potential through carrying cost expense. The days of inventory being considered an asset with expected rate recovery are long gone. Managers cross industries are aware that inventory needs to be effectively managed and budgeted. Butwith all the advanced planning systems in place, why is it even still a topic? Too often, companies look at inventory management as a “black box”, hoping that their investment in planning systems will address all of these foundational ingredients.
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Basics of Logistics managementGreat ideas remain beautiful hypotheticals if there isn’t a way to implement them. Think of the idea as the inspiration, and the organization of that idea as the work required to actualize it. But that work isn’t a one-time activity, of course: it’s a process that flows from one task to the next. There are many points along that journey, from the idea to the execution to the customer.
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Warehouse Management vs Inventory ManagementWarehouse management is the overall process of overseeing the day-to-day operations of a warehouse. This includes the major procedures involved in ensuring the smooth performance of activities such as receiving, inventory, storage, packing, and shipping of products out of warehouses
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