Intelligent Solutions
Who has benefited most Globalization? Developed industrialized countries continue to benefit most from globalization because increasing globalization generates the largest GDP per capita gains for them in absolute terms. Did we really win? The study shows that the richest one per cent of the population are the big winners in the changing global economy, increasing their…
Supply chains have been disrupted by the Novel Corona Virus due to flaws in the design, lack of planning and inflexibility. This disruption could have been avoided or at least mitigated if supply chain managers were more proactive and had a vision of the future rather than focusing on the bottom line regardless of the…
The term logistics remains an enigma, many people associate the term logistics with shipping. By definition logistics is the movement of goods or services from point A to point B however, the definition fails to add on all the other activities needed to facilitate such movement including custom clearance, drayage and final delivery to point…
Accounts receivable turnover is the number of times per year that a business collects its average accounts receivable. The ratio is intended to evaluate the ability of a company to efficiently issue credit to its customers and collect funds from them in a timely manner. A high turnover ratio indicates a combination of a conservative…
End to end Logistics Solutions ensures the comprehensive completion of work and is typically managed within a specified timeframe. Internal procedures at a company often lay out a process for end-to-end management using the most efficient and timely approach to manufacture goods or complete a service. With end to end logistics planning, you wouldn’t need to worry….
In many organizations the opportunities to reduce inventory costs are often not addressed at all or are not completely exploited. If your organization needs help taking money out of inventory there are strategies you can employ today that will provide payoff. Some of these strategies address having less active inventory, others how you acquire active…
The Supply Chain Management Processes Supply chain management is the management of relationships in the network of organizations, from end customers through original suppliers, using key cross-functional business processes to create value for customers and other stakeholders. supply chain management is being recognized as the management of key business processes across the network of organizations…
Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies. It is said that the ultimate goal of any effective supply chain management…
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