Supply Chain

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
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

Merger and Acquisition are Important Business Strategies for Success

Merger and acquisition have become common in today’s business environment. Companies use merger and acquisition as the processes of corporate restructuring. The Wall Street Journal (WSJ) regularly reports about mergers and acquisitions taking place in the business world. The objective of the merger and acquisition is to create a bigger company by combining the two companies. Merger Merger can happen […]

by · January 11, 2016 · Supply Chain

Airlines Adopt Alliance as a Business Strategy

Airline industry is growing rapidly with more airlines on the scene. According to International Air Transport Association (AITA), the industry has improved its revenue growth from US$369 billion in 2004 to a projected $746 billion in 2014. Although, the revenue growth of the industry has doubled in a decade, the profit margin of the players of industry is very dismal. […]

by · January 7, 2016 · Supply Chain

Alliance Helps Companies to Improve Business and Widen the Customer Base

Alliance is not a new terminology in the business world. It is an arrangement between two or more business organizations to collaborate with each other on the basis of a common understanding to carry on with the business. In other words alliance can be defined as voluntary collaboration between the parties to do business. The purpose of alliance is to […]

by · January 4, 2016 · Supply Chain

Merger Plans of Dow and DuPont – What are the expectations from the merger?

Dow Chemicals and DuPont are two historic giants in the chemical industry in US with significant presence in the market for a very long time. Dow Chemical Co. was founded in 1897 and has been one of the largest chemical manufacturers in the world in terms of revenue and market capitalization. Dow operates with 53000 workers in 160 countries in […]

by · December 31, 2015 · Supply Chain

Negotiation

Differences between the parties on certain issues is a part of life. It may be an issue related to a family matter, work, shopping, and service at the hospital, journey, business or even political issues at international level. Negotiation is an effective tool to sort out the differences. Parties involved in the discussion on a negotiation table put forward the […]

by · December 28, 2015 · Supply Chain
A very Merry Christmas from Supply Chain Station to all our followers

A very Merry Christmas from Supply Chain Station to all our followers

Christmas comes but once a year and when it comes it brings great cheer. Bearing that in mind, here is a whimsical little “ditty” to reflect on the festive season, without totally forgetting the blood, sweat and tears that go into keeping our global supply chains running smoothly all year round, enabling us to eat, drink, and celebrate this wonderful […]

by · December 21, 2015 · Supply Chain

Hazardous Materials and the Danger

Industries use many materials such as raw materials, fuels and consumables. Raw materials are the materials which are used for the production of the final product. They are part of the finished product manufactured. Consumables are the materials which are essential in the manufacturing process but do not become part of the finished products like oils and lubricants. Fuels are […]

by · December 21, 2015 · Supply Chain
STORAGE OF EXPLOSIVES – LESSONS LEARNT FROM THE EXPLOSION OF Rui Hai WAREHOUSE IN CHINA

STORAGE OF EXPLOSIVES – LESSONS LEARNT FROM THE EXPLOSION OF Rui Hai WAREHOUSE IN CHINA

Explosives are hazardous materials and need specially designed storage area for the safety of the materials stored in the store as well as the safety of people working in such areas. The storage and handling practices for explosives are different from the storage and handling practices of the normal materials. Strict safety measures are taken to avoid any mis-happening due […]

by · November 30, 2015 · Distribution, Supply Chain