Abstract: Revenue Management is the use of pricing to increase profit, although supply is limited in a supply chain asset. To increase the profit margin Supply Chain Managers must use all the levers available, including price. Ideas from revenue management suggest that firstly managers should use pricing as a lever, then they can proceed with the increase or eliminate assets. […]
Category: Supply Chain Management
10 Things You Need to Know About International Freight Forwarders
Some data freight forwarders need from you include full shipping and destination addresses, contact details of receiver, weight of cargo, a list of the items included, dimensional weight, and product description. If your items need extra care, then it’s best to hire a forwarder that specializes in handling such goods. The process begins from transferring the goods to the forwarder’s warehouse to leaving the origin country, unloading and validating the cargo, checking of paperwork, transferring the cargo to its destination office, and transferring it to its final destination. Their professional staff can help with packing your items and storing them, doing inventory management, declaring your items at customs, providing insurance, troubleshooting, and handling documentation .Some of the most common restricted items are alcohol, batteries, biological waste, dangerous goods such as a flammable liquid or toxic objects, prescription or recreational drugs, perishable items, sharp objects, and weapons. If you’re into business and you want to expand your customer reach, then you might want to consider looking into the most reputable international freight forwarders in your area. They will handle your goods with utmost care and your customers will be able to receive them in good condition without hassle. These companies either ship goods through road freight, ocean freight, or air freight.
The blockchain technology: A discussion in the Perspective of supply chain management
Abstract With block chain technology and other technologies like AI can solve most of the supply chain management week points and make it more reliable. The”cryptocurrency” technology is alsoused by some supply chains such as VeChain,Waltonchain – Clothing Supply Chain, Ambrosus Food & Medicine Supply Chain, Modum – Pharma Supply Chain etc.The power of a block chain […]
A Company’s overall success: Achieving strategic fit
Abstract: If any mismatch exists need to restructure, so that supply chain may support the competitive strategy or change the competitive strategy accordingly. Some important obstacles of achieving strategic fit are gradually increased variety of products, decreased product life cycles , increase of demanding customers as well as globalization of world economy as a whole, supply chain ownership fragmentation, […]
A white paper about third party supply chain risk:
Welcome to www.schain24.com supply chain management white papers ! The third party supply chain risk as a result of outsourcing different operations is of authentic concern to supply chains. But it’s the subsequent loss of control over the coordination of activities across the multi-tier supply chain that is engendering the most risk and chaos for brand owners. A tactical exchange […]
A discussion about air freight mode of transportation in a supply chain.
Abstract: In a supply chain an air cargo is any product carried in an aircraft. Organized air freight started to transport air cargo from the 1920s on, the first commercial airlines that were all-cargo did not emerge until after World War II. In 1945, 57 airlines formed the International Air Transport Association. The three primary air shipping options are next […]
About Supply Chain management in the perspective of port mechanism:
Abstract The research of port logistics supply chain has become a key point in the research of port logistics quandary.Because of increasingly fierce market competition and mutable business environment, the port logistics supply chain often face the dubious risk , and the diversity of market demand determines the port logistics supply chain must have highly flexible, the construction of flexible […]
