Tag: Management of Cross-Functional Drivers in a Supply Chain

Abstract: The e-Commerce platform can potentially evolve as a self-managed platform allowing the suppliers to add their products online and buyers to transact on this platform within the constraints defined in the smart contract framework. A block chain-powered solution can provide a robust platform for suppliers and buyers to collaborate and manage an online store. Using block chain for through […]

Abstract: Based on rules of origin LDC Tariff facility, either must be fully produced at a LDC country or cumulative value addition by other LDC or Canada. Canada has offered Bangladesh a wider package support for maximize trade opportunities out of the already-granted free market access to the North American country. It is required that to be eligible to issue […]

Abstract Gold is insoluble in nitric acid, which dissolves silver and base metals, a property that has long been used to refine gold and to attest the presence of gold in metallic objects, giving elevation to the term acid test.In the past, a gold standard was often implemented as a monetary policy, but gold coins ceased to be minted as […]

A sustainable supply chain is measured by triple bottom line “Impact on people, profits and the planet”, that are the upstream components of the supply chain.This shift in paradigm usually reflects the understanding that the sustainable supply chains are profitable supply chains.Now supply chain sustainability can be  measured  and the supply-chains can take sustainability action plans.Distribution and manufacturing optimization and rationalization, the product design and the supplier etc are involved in terms of Supply Chain.If a company is able to choose between various suppliers, to implement sustainable strategies, they can use their purchasing power to push it’s suppliers with it’s green supply chain standards.They need to audit their supplier base and make sure that inputs   from       suppliers are of high quality, and the use of energy, water etc.Now the world’s largest retailer Walmart has widened its sights, building networks of employees, nonprofits, government agencies, and suppliers to “Green” it’s supply chains. All these issues will help us to proceed for “How to Understand  Supply Chain Sustainability.”

Abstract: In the 1990’s a new term “Lean Manufacturing” was dubbed to replace the negative connotations of TPS. In a nutshell, Lean is a philosophical and methodological approach that strives to provide ever-increasing value to the customer through total employee involvement in the reduction of non-value-added activities and their associated costs. The main challenges which the garment industry is facing […]

Abstract Supplier Scoring is used to rate Supplier performance.Impact on Supply Chain surplus and total cost is the basis of comparison between suppliers.If sourcing process is effective it improves profits for the firm and total supply chain in various ways. A firm may like to keep a supply   chain function  in  the  house if   outsourcing increases the third party power significantly. Firms often like to keep the  supply chain function in the house, if there is a chance to leakage of intellectual property or other sensitive information,  especially when  the third party also serves the competitors also.Since late 1990s the trend of outsourcing a greater range of  supply chain function has been growing.With more globalization of business customers are looking for players, who  can manage virtually all aspects of their Supply Chain, which is being called 4PL.A  4PL is an integrator ,who assembles the supply chain resources, capability and technical areas of its own and other organization to design, build and run comprehensive supply chain solutions. Keywords:Sourcing Decisions and Third Party Supply Chain Management Introduction Sourcing is the whole set of business processes, which is necessary to buy goods and services required by the Supply Chain. Most important decision for a supply chain function is whether it is feasible to outsource or perform the function in- house. When […]

Supply Chain Management (SCM) involves designing, planning, executing, controlling, and monitoring supply chain activities to increase value, build infrastructure, leverage logistical needs, supply and demand, and measure performance globally. SCM integrates with logistics, procurement, operations management, and information technology. Bonded warehouses are secure areas where dutiable goods are stored without duty payment, managed by the state or private companies. Special Economic Zones (SEZs) are bonded logistical parks with trade arrangements over specific geographic areas, under customs supervision, and integral to the global supply chain.