How To Drive Traffic From Social Medias To Your Site

There are many social networking sites that are very popular among all age groups of people. It helps anyone to interact with other people from other back ground or of common interest. Some sites like the twitter, facebook, orkut, linkedln, etc are few examples that deal with such networking. These sites primarily allow each to post their details...

Choosing An Online Payday Site Made Easy

A payday loan allows people to get cash for a short time period against their next paycheck. A payday loan is also known as a cash advance, paycheck loan, or payday advance. With an active checking account, direct deposit and a job you can receive funds in your account in as little as one hour.1. How easy is the loan process?Getting a payday loan is...

Internet Speed And Your Service Provider: Some Advice

We may think we have problems with our internet connection but find a computer problem instead. But I want to talk about internet problems and discuss some personal experiences.I live in a rural area and I was forced to live with dial-up way too long. So I was not as hard to...

Five Easy Ways to Rank Higher in Alexa

The main factor of Alexa Ranking calculation is the number of visits by the Alexa toolbar users. Knowing that, it is quite easy to improve Alexa ranking for your website. As long as more of your visitors have Alexa toolbar, your Alexa ranking will shoot up.Here is the five easy and simple ways to rank higher in Alexa:1. Install Alexa Toolbar...

Brainwave Technology, Unleashing Your Infinite Potential

Technology is helping in all areas of life from business, education, health and medical procedures. Technology just keeps advancing and one of the things it is beginning to really advance in is the advancement of human technology. This means how we think and function and how that creates our world,...

Just in Time ! 0

Admin | 12:39 PM |

Have you heard of Just-in-time, TQM, The rise of Toyota as a powerful global player in the automotive industry, even surpassing the gaping mouths of the big three in the United states? You would have certainly come across the term 'Supply Chain Management' - It sounds like jargon, doesn't it? Well, it isn't so difficult to understand and it is something most manufacturing ( even services!) industries indulge in today. Supply Chain management basically means that the process of managing the whole process of finding a suitable raw material, processing it and converting it into something valuable or useful that could be sold to the market.

The better a company is in managing its resources, the process of locating its raw materials, processing them, working on them, the entire production process, the out put, the packaging and even the labelling might constitute a simple supply chain management case study.

According to the CIO Magazine,

Supply chain management (SCM) is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers. The following are five basic components of SCM.

Supply Chain Management has a lot of visible and also invisible elements to it. The glamorous parts might probably be the vendor management and the like. It is the invisible parts of the supply chain that attain the status of primary importance. Things like labor management, procurement, warehouse management, Order processing, fulfillment and delivery.

The importance of supply chain management has been growing steadily over the recent years and more so because of the fact that the companies have been growing larger and larger in size.Due to this enormous increase in size, the companies gain more cost efficiency when they outsource some of the functions that they ought to do themselves to other specialized service companies that do the needful. This enables the larger companies to be more flexible, focus more on their core competencies and create more value for their customers, while retaining profits by reducing costs at the same time. The ubiquitous, simple to use, nature of the Internet has made it possible to automate some of its supply chain management elements with the help of robust supply chain management software ( Though it is always not so easy to do the implementation and execution part!).

The extended supply chain - the vendors and their vendors network, has always become a critical link in the new era of Modern supply management theory and has taken it to another realm where everything boils down to cost cutting such that the whole process can create value for the customer.


LINK EXCHANGE
 
SPREAD The HOPES Copyright © 2010 Prozine Theme is Designed by Lasantha Home | RSS Feed | Comment RSS