Category Archives: Supply Chain Management

In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption. Interconnected or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. Supply-chain management has been defined as the “design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.” SCM practice draws heavily from the areas of industrial engineering, systems engineering, operations management, logistics, procurement, information technology, and marketing [6] and strives for an integrated approach.[citation needed] Marketing channels play an important role in supply chain management Current research in supply chain management is concerned with topics related to sustainability and risk management, among others, whereas the “people dimension” of SCM, ethical issues, internal integration, transparency/visibility, and human capital/talent management are topics that have, so far, been underrepresented on the research agenda.

Ref : https://en.wikipedia.org/wiki/Supply_chain_management

Procurement Cycle in Supply Chain

admin/ January 2, 2018/ Supply Chain Management/ 4 comments

Procurement Cycle in Supply Chain Preamble The structure of the Procurement Cycle in Supply Chain department depends upon various factors like nature of the items Procured, volume, frequency of Procurement, inspection procedure, to be adopted etc. The structures and procedures followed also vary from company to company. An authority of amount to be spent on Procurement also may vary in

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Leasing, Make or Buy Decision,

admin/ January 1, 2018/ Supply Chain Management/ 0 comments

Purchasing Decisions Make or Buy, Buy or Leasing and Sub-Contracting Make or buy decision, leasing Make or buy decision, leasing; Manufacturing company cannot produce by itself all the components required by it sometimes it may have capacity to produce still a decision has to be made weather it is economical to produce in house or buy it from outside Factors

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Procuring, Materials Management

admin/ January 1, 2018/ Supply Chain Management/ 1 comments

Procuring and Supply Chain Management. Procuring,Supply Chain Management is a total concept involving and organizational structure unifying into a single responsibility the systematic flow and control of material and identification of the need through customer delivery. The Supply Chain management contributes to increased profitability by coordinated achievement of at least materials cost. This is achieved by optimizing capital investment, capacity of

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Production Planning Control (PPC)

admin/ January 1, 2018/ Supply Chain Management/ 0 comments

Production Planning Control (PPC) : Production Planning Control purchasing and inventory management operations depend upon timing and volume requirements for various materials used during manufacturing process. Hence, proper coordination between purchase department and production planning staff is essential. Production Planning Control; Activities Following activities are generally covered under production planning and control operation. 1.Operation Preliminary Planning During this step identification of

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Procurement, Structure Of Supply Chain Department.

admin/ December 29, 2017/ Supply Chain Management/ 2 comments

We are going to discussed Procurement and  how supply chain department has to have close interaction with other departments in company for achieving desire goals of company and cannot afford to work in isolation.  Procurement, Structure Of Supply Chain Department Supply chain management being a critical function has to be handled by a competent person who should be part of

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Purchasing , Supply Chain Management.

admin/ December 23, 2017/ Supply Chain Management/ 0 comments

Purchasing and Supply Chain Management. Purchasing , Supply Chain Management is a total concept involving and organizational structure unifying into a single responsibility the systematic flow and control of material and identification of the need through customer delivery. The Supply Chain management contributes to increased profitability by coordinated achievement of at least materials cost. This is achieved by optimizing capital

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Logistics , Supply Chain Management

admin/ December 20, 2017/ Supply Chain Management/ 0 comments

Logistics and Supply Chain Management. Historic Development. Logistics and Supply Chain Management has been discussed in trade books and textbooks since the past two centuries. The concept of evolution of logistics and supply chain management is of recent origin and has roots in USA. The first college textbook on purchasing was authored by prof. Howard t. Lewis of Harvard business

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DGS&D- Public e-procurement

admin/ December 17, 2017/ Supply Chain Management/ 2 comments

DGS&D- Public e-procurement The DGS&D, the Director General of supplies and disposals is the central agency (DGS&D- Public e-procurement), which buys material on behalf of Government of India. It services various government departments like Ministries, public sector undertakings, Railways, state governments, local public bodies and Quasi public bodies like municipalities, district boards, etc. being a central purchase organization. It has

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