Discover what is allotment by Dictionary-allotmentRead More
Category: Supply Chain Dictionary
𝗦𝗨𝗣𝗣𝗟𝗬 𝗖𝗛𝗔𝗜𝗡 𝗗𝗜𝗖𝗧𝗜𝗢𝗡𝗔𝗥𝗬 : 𝗪𝗛𝗔𝗧 𝗜𝗦 𝗦𝗖𝗛𝗘𝗗𝗨𝗟𝗜𝗡𝗚 ?
Scheduling is a supply chain management function that involves planning and organizing production activities in an effective and efficient manner. It involves determining the order in which tasks should be performed, taking into account factors such as resource availability, delivery times, production priorities and capacity constraints. The main objective of scheduling is to optimize the use of resources to achieve production objectives while minimizing costs. This requires the ability to work with the various stakeholders involved in production, including planning teams, production supervisors and material suppliers. In short, scheduling allows…Read More
SUPPLY CHAIN DICTIONARY : CROSS CANAL
Cross-channel refers to a supply chain management strategy that aims to integrate different distribution channels to provide a consistent and optimal shopping experience for customers. This approach consists of using different sales channels, such as physical stores, websites, social networks and mobile applications, to offer a seamless and fluid service. In logistics, cross-channel involves close coordination between the different distribution channels to optimize inventory management, order preparation and delivery processes, while ensuring a satisfactory customer experience. This strategy helps to meet consumer expectations of being able to buy and pick…Read More
SUPPLY CHAIN DICTIONARY : BARYCENTER
What is Barycenter or center of gravity? Discover in our dictionary this week, this concept and what it implies in a practical way. Download and read the dictionary-barycenter Have a great weekRead More
SUPPLY CHAIN DICTIONARY : BUFFER STOCK
The expression of the week is buffer stock, a key supply chain management concept that helps to deal with contingencies or uncertainties in demand or supply. Read and download the dictionary Dictionary-buffer stockRead More
SUPPLY CHAIN DICTIONARY : WHAT IS JUST-IN-TIME?
The concept of “just-in-time” refers to a method of supply chain management that aims to reduce costs and improve efficiency by eliminating unnecessary inventory. This method involves producing or delivering products just in time, in precise quantities, to meet immediate customer demand. In other words, just-in-time means that production or delivery is synchronised with actual demand, thus avoiding the costs associated with managing large stocks. This approach involves close collaboration between the different actors in the supply chain, such as suppliers, manufacturers and distributors, to ensure that products are delivered…Read More
Supply Chain dictionary : Dead or dormant stock
Discover this week, what is a dead or dormant stock and its impact on your company’s supply chain. Dictionary-deadstockRead More
Supply Chain Dictionary : what is SCC?
What is Supply Chain Collaboration (SCC)? The answer in this first issue of our column Dictionary-GPARead More