by mbalectures | Jan 31, 2011 | Supply Chain
In the supply chain management process executives need to make effective decisions to create most efficient and responsive process. Some of the important components of inventory decisions are given as: Cycle Inventory The average amount of raw material or... by mbalectures | Jan 24, 2011 | Supply Chain
Inventory refers to the raw materials, completely finished and unfinished products which are ready or will be ready for sale. Inventory is the main part of any supply chain and it plays vital role in the supply chain decisions. Efficient management of an inventory is... by mbalectures | Dec 4, 2010 | Supply Chain
Success of the supply chain depends on a close association between the efficient management of flows (information, funds and products) and its design. Dell has put together its success on planning, operation and superior design of its supply chain. In shorter span of... by mbalectures | Nov 23, 2010 | Supply Chain
The main purpose of the supply chain is to maximize overall value generated. Value is the difference between what the cost supply chain incurs and the worth end product has to the customer. Value of the commercial supply chain is strongly correlated with its... by mbalectures | Nov 23, 2010 | Supply Chain
A supply chain is the combination of the manufacturers, suppliers, warehouses, retailers and even customers themselves; which directly or indirectly fulfill customers’ needs and preferences. Within each firm such as a manufacturers or producer, supply chain... by mbalectures | Nov 23, 2010 | Supply Chain
Customer is the pivotal element of the every supply chain. The main objective of any firm’s supply chain is to fulfill customers’ needs and satisfy them, and earn some profit for itself. The process usually starts from suppliers to provide raw material to...