What is a Circular Supply Chain?
What Is a Circular Supply Chain? A circular supply chain focuses on the reuse, recycling, and recovery of resources throughout the entire production process. Unlike linear systems, it decreases the reliance on raw material and focuses on the long-run circulation of resources to limit environmental destruction and also guarantee sustainability. Core Principles of Circular Supply […]
Maritime Logistics
What Is Maritime Logistics? Maritime logistics entails the organisation, shipping, and handling of products across seas and oceans. This being a critical part of international trade also acts to facilitate the timely transportation of cargo across continents by ensuring that the various international markets are well connected by use of the sea as a medium […]
Lean Supply Chain
What Is a Lean Supply Chain? A lean supply chain is aimed at eliminating waste and, at the same time, maximising customer value. When understanding what a lean supply chain is, know it to be a reduced method of supply chain management that raises effectiveness, responsiveness, and quality of all supply chains. Why Lean Supply […]
Carriage Inward
What Is Carriage Inward? Carriage Inward is the cost the buyer uses to transport the ordered goods to their business place. It is a major expenditure that constitutes the total cost of procurement and ensures precise inventory valuation and cost recording. Knowing the carriage inward meaning is essential in recording the inventory value and determining […]
Carriage Outwards
What Is Carriage Outwards? Carriage outwards means a delivery expense paid to convey goods from the seller to the buyer. Carriage outwards is an expense that is incurred after sale, whereas carriage inwards are expenses incurred before the sale. This expense is generally not absorbed by the buyer unless it is billed separately. Hence, it […]
Supply Chain Network Optimization
What Is Supply Chain Network Optimisation? Manufacturing optimisation is about gaining some improvements in order to become useful in an execution activity at maximum efficiency with respect to cost, speed, service, and sustainability. Aligning plants Location of manufacture is an important factor in location choice. The closer the plants are to suppliers or demand hubs, […]
Forward Logistics
What Is Forward Logistics? Forward logistics is that part of logistics concerned with the efficient flow of products between manufacturers and customers. It facilitates an effective flow of logistics within all levels of the supply chain, paying more attention to timely deliveries of products and product quality preservation within the whole process. Understanding the Role […]
Green Supply Chain Management
What Is Green Supply Chain Management? Green supply chain management has become a priority in many businesses in order to minimise environmental degradation. So exactly what is green supply chain management? It puts sustainable management principles into all the phases of the supply chain process, including sourcing and disposal. Green supply chains support sustainability and […]
Food Supply Chain
What Is the Food Supply Chain? The food supply chain is the process of all the activities associated with the transportation of food commodities to consumers. It has production, processing, packaging, transportation, and retail. Effective supply chain management is important to provide people with the world safe and high-quality food. Why is the Food Supply […]
Supply Chain Risk Management
What is supply chain risk management? Supply chain risk management refers to the process of identifying, analysing, and addressing possible disruption points in the entire supply chain. It commonly involves preserving continuity, minimising vulnerabilities, and shielding operations from known and unforeseen risks. Supplier monitoring, logistics channels, regulatory changes, and external environmental conditions have to be […]
