Strategic Fit in Supply Chain
What is Strategic Fit in Supply Chain? Strategic fit in supply chain refers to the alignment between a company’s supply chain strategy and its competitive objectives. This alignment entails...
What is Maritime Logistics?
What is Maritime Logistics? Maritime logistics encompasses the planning, implementation, tracking and management of goods movement during ocean transportation. It is crucial for optimizing the logistics supply chain, facilitating...
Bull-whip Effect in Supply Chain Management
What is Bull-whip Effect in Supply Chain Management? The Bull-whip Effect in Supply Chain Management occurs when small changes in demand at the retail level cause large fluctuations in...
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...
RFID In Supply Chain
What is RFID in the Supply Chain? Radio Frequency Identification (RFID) uses radio waves to track items within logistics and supply chain networks. Tags with microchips and antennas are...
What is Closed Loop Supply Chain
What is a Closed Loop Supply Chain? A closed-loop supply chain (CLSC) minimizes waste by reusing or recycling materials, contributing to a sustainable and resource-efficient system. This system is...
