A Guide to Sourcing in Supply Chain
What is Sourcing in Supply Chain? Sourcing in supply chain management is the process of identifying and evaluating suppliers to provide goods and services. It directly impacts product quality, cost, and availability, making it an integral part of supply chain management. Understanding what is sourcing in supply chain management is vital for businesses aiming to […]
Operations and Supply Chain Management
What are Operations and Supply Chain Management? Operations and supply chain management (OSCM) focuses on designing, operating, and improving processes that efficiently move goods from suppliers to consumers. These operations ensure quality and smooth workflows across all stages of the supply chain management. Effective OSCM practices are critical for companies to stay competitive in global […]
Fill Rate in Supply Chain
What is Fill Rate? Fill rate refers to the percentage of customer orders fulfilled on time without stockouts, helping businesses assess order fulfilment, demand satisfaction, and guide manufacturing and procurement strategies. Understanding the fill rate meaning is essential for evaluating how effectively a business can meet customer demand and manage inventory. Why is Fill Rate […]
