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Supply Chain Management

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Your channel partner will be the "face" customers associate with your product
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Follow these 10 simple tips to keep the recession monster at bay.
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RFID is coming, and you need to be prepared.
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But check the historic buying patterns of your distributor or customer. Does something look out of sync?
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Take a more balanced approach to the market: if one product or customer fails, the impact is offset by your other products and customers.
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You’ve finally got your supply chain under some semblance of control and one of your suppliers alerts you that it is discontiunuing a part that's critical to your product. What do you do?
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Nancy Germond
Risk management becomes less intimidating if you view it as simply another management process.
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Nancy Germond
Risk management becomes less intimidating if you view it as simply another management process.
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Lean processes strive for the total elimination of waste through a succession of small, action-oriented continuous improvement events with workers who carry out production steps
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Keeping your job site secure starts long before you install your fence and other security measures. This checklist will help you reduce job site loss for your next project and give you an...
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John-Foley156px
The seed money needed to grow a business is the foundation of success. A strong business plan showing healhy growth will help in securing needed financing.
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Is there a way to attract a relational customer to your restaurant on a Monday? Sadly, if Monday isn't Valentine's Day, Mother's Day, or a spouse's birthday, there is not. You could maybe...
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Sneaky way to sneak out stolen goods
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Clever way to steal merchandise
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These anecdotes are actually pretty funny, but are also examples of diligent buyers that spotted fakes before they got deeper into the supply chain
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Keith Girard
By  | Filed In: Income Tax and Tax Law
Small businesses have quickly become cannon fodder in the heated debate over a sweeping Democratic tax bill in Congress. So who fired the first shot?
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In many industries, labor accounts for less than 10 percent of total manufacturing costs
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Without sounding like a doomsday prophet (which I am not) the world is changing and being prepared for what is to come may be essential to the survival of your business. The weather...
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Mike Kraus
There's an option for reducing your inventory that requires a simple phone call. Send the merchandise back to the vendor....
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Business Glossary

Definitions for: Supply Chain Management (SCM)
Supply Chain Management (SCM)

tracking the movement of and demand for components used to manufacture a product across a variety of potential and actual suppliers, known as the supply chain, to provide insight and the ability to respond instantly to shortages, surpluses, and changes in market conditions. It seeks to optimize production, decrease manufacturing time, minimize inventory, streamline order fulfillment, and reduce cost.

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