Procurement and Distribution

The Vital Dance: Procurement and Distribution in the Modern Supply Chain The modern business landscape is a complex tapestry woven with threads of global sourcing, intricate logistics, and ever-evolving consumer demands. At the heart of this intricate system lies a dynamic duo: procurement and distribution. These two functions, often perceived as separate entities, are in … Read more

Quick Revision: Basics Of Working Capital Management

Basics Of WORKING CAPITAL Management:     Working Capital Any firm, from time to time, employs its short term assets as well as short term financing sources to carry out its day to day business. It is this management of such assets as well as liabilities which is described as working capital management. OR Working … Read more

Supply Chain Management

Mastering the Art of Supply Chain Management: A Comprehensive Guide The modern business landscape is characterized by increasing complexity and interconnectedness. Businesses operate in a globalized environment, facing volatile market conditions, fluctuating demand, and ever-evolving customer expectations. In this dynamic context, supply chain management (SCM) emerges as a critical differentiator, enabling organizations to navigate challenges, … Read more

WORKING CAPITAL

  Meaning of Working Capital Every business needs funds for two purposes for its establishment and to carry out its day-to-day operations. Capital required for a business can be classified under two main categories viz. (i) Fixed capital (ii) Working capital. Long-term funds are required to create production facilities through purchase of fixed assets such … Read more

Logistics

Here is a list of subtopics under logistics: Air freight Air transportation Automated guided vehicles Barcodes Bill of lading Break bulk Bulk cargo Cargo handling Carrier selection Containerization Customs clearance Distribution center Drayage Electronic data interchange Freight forwarder Inventory management Just-in-time manufacturing Logistics management Materials handling Order fulfillment Packaging Palletization Port operations Procurement Railroad transportation … Read more