Channel conflict occurs when disputes arise between different members of a distribution channel, often due to overlapping territories, competition for market share, or misaligned goals within the channel.
A comprehensive overview of the Chartered Institute of Procurement and Supply (CIPS), a UK-based organization serving global procurement professionals.
An in-depth look at the Chartered Institute of Purchasing and Supply (CIPS), its significance, and its role in procurement and supply chain management.
Cross-docking is a supply chain practice where products are unloaded from inbound vehicles and directly loaded onto outbound vehicles, minimizing the need for storage.
An intermediary specializing in transferring a manufacturer's goods or services to consumers, ensuring efficient distribution channels.
E-procurement refers to the application of electronic methods and systems for procurement processes, streamlining and automating traditional purchasing activities.
FOB Origin stands for 'Free on Board Origin,' indicating that the buyer assumes responsibility for the goods once they are shipped from the seller's origin point.
Freight Out refers to the cost of shipping goods from the seller to the buyer. It encompasses expenses incurred in the logistics process to ensure goods reach their destination.
An in-depth examination of holding costs, their calculation, types, significance, and impact on business operations.
An in-depth exploration of Just-In-Time (JIT) techniques, their historical context, applications in various industries, key methodologies, importance, benefits, and challenges.
Understanding the vital role and duties of a Logistics Clerk, paralleling the historical responsibilities of a tallyman in cargo verification.
Logistics Insurance provides extensive coverage for various aspects of the supply chain and transportation, ensuring protection against potential risks and losses.
Comprehensive coverage of perishables, exploring types, historical context, key events, importance, and more.
A comprehensive overview of prepaid delivery, detailing its definitions, types, benefits, examples, and special considerations in various industries.
An in-depth exploration of quantity discounts, including their historical context, types, key events, detailed explanations, and more.
The Reorder Point (ROP) is the inventory level at which a new order should be placed to replenish stock before it runs out. It is crucial for inventory management and maintaining optimal stock levels.
Safety Stock, or extra inventory, is maintained to prevent stockouts caused by demand variability and supply chain uncertainties.
Detailed exploration of the concept of shelf space, its importance in retail, strategies for optimizing it, historical context, and more.
Detailed Exploration of SRN (Stores Returns Note) Including Historical Context, Applicability, Examples, and Related Terms
Stocktake refers to the process of counting and verifying inventory to ensure accuracy with recorded data. This crucial activity in business operations helps maintain inventory accuracy, improve financial records, and support effective supply chain management.
Stores oncost refers to the indirect costs associated with handling, storing, and managing inventory. These costs are essential for understanding overall operational expenses in inventory management.
An in-depth exploration of Vertical Integration, including its historical context, types, key events, explanations, models, importance, examples, and related terms.
Vertical integration involves the consolidation of multiple stages of production within a single company, traditionally operated by separate firms. This strategy can enhance quality control and reliability but might limit competition.
A distribution center is a dedicated warehouse facility that focuses on the efficient collection, storage, and shipment of products. It plays a critical role in the supply chain by ensuring timely and accurate delivery of merchandise from manufacturers to retailers or directly to consumers.
A comprehensive definition and exploration of FIFO (First In, First Out), including its applications in various fields, examples, historical context, and related terms.
A Forwarding Company, also known as a freight forwarder, is a business that arranges freight transportation on behalf of companies and individuals, ensuring efficient and timely delivery of goods.
A comprehensive guide to the activities involved in managing the details of preparing and receiving a customer order.
A comprehensive guide on the process of moving finished products from the producer to the consumer, detailing types, methods, examples, and special considerations.
A detailed exploration of Reverse Channels in marketing, focusing on the mechanism where products move from the consumer back to the producer. This includes examples such as recycling and product recalls.
An in-depth examination of the Assemble-to-Order (ATO) production strategy, including practical examples, advantages, disadvantages, and related concepts.
A detailed exploration of Average Inventory, including its definition, calculation methods, examples, historical context, and its application in various industries.
A comprehensive guide on Make to Order (MTO) or Made to Order production strategy, explaining its definition, process, benefits, drawbacks, and real-world examples.
An in-depth exploration of Manufacturing Resource Planning (MRP II), its evolution from Materials Requirement Planning (MRP), and its applications, including integration of employee and financial needs.
An in-depth exploration of Relationship Management, including its definition, various types, effective strategies, and significance in maintaining an organization’s engagement with its audience and supply chain.
Explore the concept of throughput, including its definition, calculation methods, benefits, and real-world applications in enhancing business efficiency.
A comprehensive guide on trade credit, explaining its fundamental concepts, types, benefits, and applications within commercial financing.
A comprehensive guide to Two-Bin Inventory Control, detailing its definition, operational process, and practical examples. Understand how this inventory system enhances efficiency and stock management.
VeChain is a blockchain platform that aims to improve business operations by enhancing the tracking of processes and products. This guide covers what VeChain is, how it works, real-world examples, and its historical development.
Learn about the warehouse-to-warehouse clause in insurance policies, including its definition, typical applications, historical development, and examples. Discover how this clause protects cargo from the origin to the destination warehouse.
