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If one assumes that supply chain management means managing the tasks of ordering the right parts from suppliers to be delivered to the right place at the right time in the product production process, then transportation management means managing the transit of those parts into the production process. It may also include delivery of the finished product from the production process to the consumer.
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What are the three important concepts relevant to the logistics management by an organisation Explain them briefly and state which one you regard as the best approach and why?
Three important concepts in logistics management are supply chain integration, inventory management, and transportation management. Supply chain integration focuses on coordinating and optimizing all components of the supply chain to enhance efficiency and responsiveness. Inventory management involves maintaining optimal stock levels to meet demand while minimizing costs. Transportation management ensures the efficient movement of goods, balancing speed and cost. Among these, supply chain integration is the best approach, as it fosters collaboration among all stakeholders, leading to greater overall efficiency and responsiveness to market changes.
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
Diffenrences between supply management and supply chain management?
Supply management are the methods of modern corporate or institutional buying. Supply chain management is the management of the flow of goods, including raw materials, inventory and finished goods.
Why is supply chain management important in operations management?
Supply chain management is important because it enables the organization to deliver their products to their customers. Without an effect supply chain their customers will go to another company.
What was the traditional way of running an organisation before supply chain management?
supply chain management is helps easy to manage the goods supply and services
Supply chain strategy of seven eleven japan?
Explain Seven -Eleven supply Chain strategy in Japan with particular reference to facility location, inventory management, transportation and IT ?
What are some supply chain solutions?
"Some supply chain solutions are transportation management, which includes planning and execution. There's also distribution management which includes warehousing and inbound distribution."
Centralized vs decentralized systems in supply chain management?
explain centralised and decentralised
What are the three important concepts relevant to the logistics management by an organisation Explain them briefly and state which one you regard as the best approach and why?
Three important concepts in logistics management are supply chain integration, inventory management, and transportation management. Supply chain integration focuses on coordinating and optimizing all components of the supply chain to enhance efficiency and responsiveness. Inventory management involves maintaining optimal stock levels to meet demand while minimizing costs. Transportation management ensures the efficient movement of goods, balancing speed and cost. Among these, supply chain integration is the best approach, as it fosters collaboration among all stakeholders, leading to greater overall efficiency and responsiveness to market changes.
What is Manhattan TMS?
I believe this is Transportation Management System, built by the Supply Chain Lords - Manhattan Associates.
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
When was Supply Chain Management Review created?
Supply Chain Management Review was created in 1997.
Diffenrences between supply management and supply chain management?
Supply management are the methods of modern corporate or institutional buying. Supply chain management is the management of the flow of goods, including raw materials, inventory and finished goods.
What is the meaning of logistic assistant?
The management of business operations, such as the acquisition, storage, transportation and delivery of goods along the supply chain.
Does supply chain management have benefits?
Supply chain management is strategic and tactical for manufactures. The manufacturer can save time and money using supply chain management with features that moniter and validate.
What is meant by Strategic Supply Chain Management?
Supply chain management comprises of three levels 1. tactical 2. strategic 3. operational. 1. Strategical supply chain management decisions includes product development, customers, manufacturing, vendors, and logistics. The strategic supply chain management tries to expand the supply chain processes. 2. tactical supply chain management includes decisions in manufacturing, logistics, suppliers and product development. 3. operational supply chain management includes the day to day operational supply chain decisions ensure that the products efficiently move along the supply chain, achieving the maximum cost benefit.
Is the title features of supply chain management same as best of supply chain management?
The title "Features of Supply Chain Management" does not mean the same thing as "Best of Supply Chain Management." The first one just notes the features of the style of management; the second donotes that it will focus on the best practices of the style of management.
