Archive for March, 2016

Target’s New Roadmap for Growth by Overhauling It’s SCM and Infrastructure

Target’s New Roadmap for Growth by Overhauling It’s SCM and Infrastructure

Retailers are faced with new challenges to meet the ever growing demands of the customers. New strategies are planned by the retailers with innovative initiatives to compete in the cutting edge competitive enviro. The Chief Executive Officer Brian Cornell of Target took over the reins of the reputed retail chain in July 2014. Prior to take over the Target, Brian […]

Managing the Audit of Off Shore Suppliers

Managing the Audit of Off Shore Suppliers

Introduction Quality, cost, and delivery of product in time are the requirements of every organization. It is the quality of the product and service that wins the customer. Large multi-national companies are very particular in maintaining the quality of their product to have high order of customer satisfaction. This way they are able to keep up their brand name and […]

by · March 12, 2016 · Supply Chain
Why is it important to define the payment terms clearly in the purchase order?

Why is it important to define the payment terms clearly in the purchase order?

With the globalization of supply chain, purchasing principles, practices and strategies are continuously changing. Take any item of daily use like a car, scooter, TV, air conditioner, washing machine, laptop, cordless telephone, mobile or anything one may think, the terms of payment is an important consideration in purchasing among various other issues to be considered. The price quoted by the […]

by · March 12, 2016 · Procurement
Business Process Re-Engineering

Business Process Re-Engineering

Organizations in today’s context are fighting to survive and excel in the present business environment. Globalization of business has created a situation where only those firms can remain in business which keep pace with the changing business environment. The pressure of competition is such great that if the companies do not take hard decisions to improve the performance, they will […]

by · March 12, 2016 · Supply Chain
The Strategy for Optimization of Handling, Transportation and Warehousing

The Strategy for Optimization of Handling, Transportation and Warehousing

In today’s competitive environment, every organization is striving to achieve an edge over its competitors. Competition is on the cost of product, quality of product, delivery of products and after sales service. Everyone is therefore trying to optimize the cost of product by various means without sacrificing the quality. At the same time organizations are keen to reduce any wastage […]

by · March 12, 2016 · Transportation, Warehouse
Need for professionals in material handling

Need for professionals in material handling

Materials handling is one of the most important activity in every industry. The requirement of each industry for efficient handing of materials differs except some common types of materials handling equipment applicable to every industrial sectors. The types of materials handled in the industry include raw materials, spare parts, consumables, components, semi-finished products and finished products. Classification and characteristics of […]

by · March 12, 2016 · Logistics, Manufacturing
Why have a Safety Policy for Forklift Trucks?

Why have a Safety Policy for Forklift Trucks?

Forklift truck is the most important material handling equipment in the industry. Occupational Safety and Health Administration (OSHA) (2012) reports that there are 855,900 Forklifts in US alone. The Forklift trucks have a history of accidents in almost every industry. OSHA‘s report suggests that about 85 fatal accidents occur every year in US. The number of serious injuries and non-serious […]

by · March 12, 2016 · Logistics, Manufacturing, Warehouse
Trucks will Continue to be Preferred Mode of Freight Transport in USA for Next 30 Years

Trucks will Continue to be Preferred Mode of Freight Transport in USA for Next 30 Years

Various modes of freight transportation are truck, pipeline, rail, water, multiple modes and mail, and air. A recent study by U.S. Department of Transportation, Bureau of Transportation Statistics and Federal Highway Administration projected that in the next 30 years, the maximum share in the transport of freight by weight as well as by value will be by trucks. Trucks transported […]

by · March 3, 2016 · Transportation