by logistics-admin | Jul 6, 2010 | LSCM
Purchasing and supply chain management are key factors in satisfying cusomers. It is important to understand that any organisation is a consumer of products and services, just as you are a consumer. An organisation changes the products and services it consumes into...
by logistics-admin | Jul 5, 2010 | LSCM
Inventory management is critical in both satisfying customer needs and controlling costs. Too much stock attracts costs such as additional insurance, damage and breakages costs and storage costs. Too little stock results in dissatisfied customers, lost sales and of...
by logistics-admin | Jun 29, 2010 | logistics, LSCM
Transport logistics is the single most important component of the supply chain in that it contributes to customer satisfaction. While every component relies on the next, the supply chain managers greatest asset is a transport network that runs flawlessly with the...
by logistics-admin | Jun 23, 2010 | LSCM
An effective supply chain is one which can be easily monitored and the reports reacted upon in a timely fashion. SCMS or supply chain management software is designed to manage the processes and relationships in the supply chain. The software will typically manage...
by logistics-admin | Jun 18, 2010 | LSCM
Supply chain management is a relatively new business function that has evolved significantly over the past decade and is becoming increasingly important as business environments become more competitive with margins constantly under pressure. Business today is...
by logistics-admin | Jun 18, 2010 | LSCM
The supply chain encompasses all the activities and processes that put the product or service in the hands of the end user or customer. An effective, well managed and frequently reviewed supply chain management strategy is essential to maintaining a competitive...
