Blog categorized as Supply

Category management is a retail and supply management concept aimed to manage different product groups. The product are categorized in groups of similar characteristics. These groups are called the product categories. Prerequisite of successful category management is the agreement and cooperation of...

Today the allocation of resources has never been greater. In a world where business is becoming increasingly connected globally and substantially more competitive, customer service and the drive for Total Quality Management has never been greater. This TQM concept which was developed around the 1950...

It has oft been asked by those ashore how a ship operates, who is in-charge and ignorance shines forth when an engineer is asked "and when will you become Captain"! It is therefore time to lay-to-rest some of these myths and to give explanation as to what foundation a ships management stru...

Reverse logistics is one area of supply chain management that has been ignored for long. But, not anymore! Manufacturers and retail supply chain management companies have realized its importance for better performance and efficiency. With online shopping become the latest trend among buyers these da...

Analysts say that an organization cannot survive for long if they keep making mistakes and this is very true. In today's global economics a company just cannot remain competitive if it keeps making bad decisions. However, these mistakes are not made on purpose, it is just that most management leader...