Royale International

[...] Today we will examine the final four key issues in the supply chain management. Outsourcing and Offshoring Strategies Companies need to decide how much of the [...]

[...] Improving the supply chain links in the oil and gas industry is a never ending job. There are eight strategies that are [...]

[...] Once the company has established the three steps to align the supply chain and business strategy as discussed in yesterday’s article, there are five drivers in the [...]

[...] Vertical integration can lead to far more efficient systems resulting in a stronger supply chain. By managing the supply chain in a cohesive manner, companies can obtain business [...]

[...] There are many underlying concepts that guide the practice of supply chain management. Many of these concepts have been in existence for hundreds of years. It wasn’t until the [...]

[...] We define the supply chain management as things that influence the supply chain to get results. The supply chain works by: The [...]

[...] There are seven principles of supply chain management. The main focus of these principles is to balance the demands of the customers with the [...]

[...] Today we are taking a look at the final three of seven principles of supply chain management. If you missed part one you can catch up by reading yesterday’s post. Strategic sourcing [...]

[...] .  Logistics takes care of: Visibility – trace and tracking is beneficial for the entire supply chain and the end customers Warehousing – Taking the pressure off the warehouse regarding [...]

[...] those issues. Working together – all information and knowledge is shared throughout the entire supply chain. Each process aims to be adding value for the entire group. Linking the inbound and [...]

[...] the truck can be overridden so it stops moving. Increased communication throughout the entire supply chain. Companies working together, sharing data in real time will help to spot issues giving time [...]

[...] the demand signals must be captured across all these different areas and across the entire supply chain. From there the transportation and distribution planning can be designed to align [...]

[...] Industrial logistics is a very broad concept that embodies supporting activities from diverse forms.  We’ll be [...]

[...] One of the vital sub classes of industrial logistics is the sector level. The sector-level industrial logistics involves the activities that [...]

[...] Modelling industrial logistics cover a wide variety of techniques that are able to solve different problems. The support [...]

[...] The firm-level industrial logistics involves a whole host of activities that ensure products inflows and outflows take place. [...]

[...] Companies supply chains have dramatically changed after the emergence of the information and communication [...]

[...] marketplace is a community of different shippers, customers and carriers. There are lots of supply chains involved and a high level of integration between the carriers and the shippers. [...]

[...] solutions. The companies that are embracing it along with their visible integrated supply chains are proving to be highly successful. Celebrity inspired crazes are just one of the changes [...]

[...] chain and plays their role within the chain. Companies have to manage and be aware of their supply chains in order to build an effective strong supply chain that gains the competitive advantage within [...]

[...] the storage facilities, insurance, depreciation, breakages, taxes, handling and so on. Lower inventory levels and frequent replenishment help to reduce the holding costs. Set-up – Set-up costs, also [...]

[...] their customers. The geographical centralisation means that there isn’t a need to maintain inventory levels and products can even be postponed until an order has been placed. Once the order comes in [...]

[...] or decentralised. In order to work out this issue they need to establish the strategy on inventory levels and the transportation costs. It’s also important to consider the way that customers will be [...]

[...] of the lack of transparency, explaining cost savings that are found when reducing the inventory levels and carrying costs. Response Times between Manufacturers and Retailers Practical Gaps Toy [...]

[...] Toy retailers have many problems that they have to overcome.  Volatile markets, changing consumers, small [...]

[...] There are different channels of toy retailers (department stores, discounters, independent toy specialists etc.) and the different retailers [...]

[...] of materials and raw materials Manufacturers of toys Distributors and wholesalers of toys Toy retailers Consumers of toys The main toys consumers are children but also include parents and [...]

[...] would perhaps be able to catch up with other industries such as groceries or clothing. Toy Retailers Practical Gaps The most efficient practice for toy retailers is the JIT model that uses [...]

[...] is the large amount of competitions and hence they often have lower profit margins. Innovative Products Innovative products are often introduced by companies that are working to avoid the low [...]

[...] the ideal supply chain strategy. Functional Products need an efficient process while innovative products require a responsive process.  Today we’re going to look at the efficient process as [...]

[...] process supply chains. Today we shall be looking at the responsive process as required by innovative products. Efficient Process Primary Purpose – The primary purpose is to respond as quickly as [...]

[...] are functional or innovative, but how do you know which one your product is? Functional Products Functional products are the ones that people are able to buy from a large amount of [...]

[...] going to look at the efficient process as required by functional products. Efficient Process Primary Purpose – The primary purpose is to ensure that the supply chain [...]

[...] Yesterday we discussed the functional products that need efficient process supply chains. Today we shall be looking at the responsive [...]

[...] demand. The retailers have to decide on the order size and batch reorder while reducing inventory costs. The retailers will also need to consider the different forecasts to predict the demand and [...]

[...] . Orders are processed online reduces the costs by removing stores or the sales personnel. Inventory costs can be reduced since some eBusinesses don’t need to have the inventory close to their [...]

[...] company and also for the customers.  The goal is to increase the throughput while reducing inventory costs and the expense of the operating costs. [...]

There are four costs that are involved in each decision regarding the size of the inventory. Holding costs – Holding costs, also known as carrying [...]

[...] Production facilities generally work at their best when they have a limited amount of production objectives. [...]

[...] often include activities such as the inspection of the equipment used and the production facilities along with the other areas. These inspections can be a useful way for negotiating [...]

[...] materials or semi-finished. The location involves establishing where the inventory and the production facilities should be located.  Transportation established how the inventory should be moved and [...]

[...] being produced have a larger than expected return level. The data also allows the logistics providers to find suitable return channels that will work well for the company. This data can [...]

[...] the produce will arrive in good time? Don’t use estimations; use the expertise of logistics providers to ensure you have answered all the questions above with workable and traceable [...]

[...] of everyone. Follow common standards and guidelines, share technology, suppliers and logistics providers. Standardised Training Invest money into the training of logisticians using external [...]