Blog tagged as ezine articles

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...

Spend management is the method in which companies may optimize and control their budgets by way of what fund are spent. It usually involves cost trimming of those expenses typically found in conducting business. The costs usually appear as operations expenses, or are categorized as "Selling, Ge...

'Inventory' includes raw materials, work-in-process, supplies and finished goods. It has associated costs, which may be classified as ordering costs and holding costs. Modern inventory management practices encourage holding amounts adequate for current needs - warehouse managers will tell you that i...

Managing the supply chain is important for any business. When a small business experiences supply management issues, these can be just as troublesome as for a global company. In fact, the result of inhibited or inefficient growth can affect a small business even more than a larger one. This is becau...