Notes and Study material for Exams
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
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
Procurement and Distribution Procurement and distribution are two of the most important functions in any business. Procurement is the process of acquiring goods and services, while distribution is the process of getting those goods and services to the customer. Both functions are essential to the success of any business, and they need to be well-managed … Read more
Supply Chain Management Supply chain management (SCM) is the management of the flow of goods and services and related information between the point of origin and the point of consumption in order to meet customer requirements. SCM activities involve the integration of key business functions within and across enterprises, from procurement, through manufacturing and LogisticsLogistics, … Read more
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