Why Mobster Al Capone took Interest in Milk? : Insights into Milk Supply Chain
There’s a rumour that the infamous American gangster, Al Capone, had campaigned for expiry dates on milk bottles after a relative fell ill from drinking sour milk unknowingly. This highlights a key challenge in the milk supply chain: temperature changes disrupt production and increase spoilage risks due to bacterial growth. Cold chain solutions and temperature […]
How is Blockchain Used in Supply Chain?
What is Blockchain in Supply Chain Management? Supply chain management in blockchain uses decentralised ledger technology for supply chain transparency and traceability. Permissioned blockchain guarantees a secure, immutable record of transactions that create trust and reliability among stakeholders. The supply chain digital transformation with blockchain integrates to improve operations and create a circular supply chain […]
What is Stock Control?
What is Stock Control? Stock control, also known as inventory control, ensures businesses maintain ideal inventory levels to meet customer demand efficiently. An effective stock control process balances order fulfilment, minimises costs, and mitigates the risk of overstocking or under stocking. This systematic approach supports operational efficiency by aligning inventory levels with business needs, improving […]
What is Domestic Shipping?
What is Domestic Shipping? Domestic shipping is the transportation of goods or documents on a national basis, including the transportation between any territories. For example, shipping of items from mainland India to Andaman Islands is under domestic shipping services, since the shipping falls within the jurisdiction of National. Domestic expedited shipping ensures a faster delivery […]
How Effective is Milk Run Logistics
What is Milk Run Logistics? Milk run logistics is a transportation plan where a vehicle follows a predetermined milk run route to pick or drop items, aiming to optimize the milk run method and milk run concept. This approach saves time, cost associated with transportation and time required for milk delivery by consolidating multiple suppliers […]
What is Cost of Goods Sold Formula?
What is the Cost of Goods Sold? Cost of goods sold meaning lies in its role as the total cost incurred in producing or purchasing goods that a company sells. This metric directly affects profitability and operational decisions. Businesses often ask what is cost of goods sold, when analysing their financial health and its impact […]
SDE Analysis in Inventory Management
What is SDE Analysis? SDE analysis, standing for Scarce, Difficult, and Easy, is an inventory classification technique that categorises items based on availability and procurement complexity. It helps businesses optimize inventory management, improving efficiency, and supporting better decision-making processes, directly influencing Cost of Goods Sold (COGS) and operational costs. Principles Of SDE Analysis: SDE analysis […]
What is Logistics Distribution?
What is Distribution Logistics? Distribution logistics is one of the subsets of logistics concentrating on the delivery of goods from the manufacturer to the end user. On the other hand, logistics covers an entire supply chain, from procurement, production, storage, and all the way around transport management. It involves warehouse logistics distribution, the optimisation of […]
What is Manufacturing Lead Time?
What is Manufacturing Lead Time? Manufacturing Lead Time, also known as lead time in manufacturing, is the total time required to produce a product and deliver it to the customer. It begins with production initiation and ends with final delivery. Understanding lead time definition helps businesses streamline Supply Chain Management and ensure products are available […]
What is Order Fulfilment?
What is Order Fulfilment? Order fulfilment refers to the systematic process of receiving, preparing, and delivering ecommerce orders. This process ensures accuracy and timeliness, encompassing key stages like order fulfilment process, picking, packing, and shipping. Proper execution in transportation and logistics ensures customer satisfaction and boosts business efficiency. Why is Order Fulfilment Important? Order fulfilment […]
