supply chain

How to retain Supply Chain Talent?

As more and more enterprises participate in the global competition, the complex supply chain talents who can meet the challenges of globalization are becoming rare, the supply chain talent crisis is beginning to emerge, and the trend of shortage of supply chain talents has become more and more severe. On the other hand, despite the shortage of talents in the

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7 key principles in Supply Chain Management

  Supply chain management is the production and distribution process from the time raw materials are procured to the delivery of goods to consumers. So far, supply chain management has played a major role in a lot of companies to enhance the competitive advantage, cost-effective control as well as bring satisfaction to customers. In this article, we will share with

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What is Marketing Mix?

Marketing Mix is a business tool that is used in marketing and by marketing professionals. Marketing mix is often very important when deciding on a product or brand, and is often synonymous with 4P: Price (Price), product (product), promotion (trade promotion), and place (distribution). – . . 4P of Marketing Mix . Product . A product is considered as a

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What is Digital Marketing?

So what is Digital Marketing? – Digital Marketing is a promotion of products/services through various forms of electronic communication, primarily based on the Internet environment. It emphasizes 3 factors: using digital media, reaching customers in a digital environment, and interacting with customers. . . Different from traditional marketing, it involves the use of channels and organizations that can analyse real-time

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What does an Operations Manager do?

As we know, operations management is a management that deals with managing operations and processes within the organization. Efficient operation management ensures project success. But what does an operations manager do? . . What does an operations manager do? . Operations managers optimize operations by using resources and capital wisely. They manage all aspects related to the operations that occur

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What does a Demand Planner do?

Well yes, more and more companies are looking for and then inserting figures like that of the “Demand Planner” into their supply chain. But what does a Demand Planner specifically do? . . What does a Demand Planner or Sales Forecaster do? . The demand planner, also known as a sales forecaster, operates as its name suggests in order to

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What is Inventory Management?

. What is Inventory Management? – Inventory management is one of the most important logistical tasks. It is a set of techniques used to balance the level of inventories within different companies. The aim is to reduce the cost of supplies as much as possible while maintaining the level of service demanded by customers. Many economic operators face problems that

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What is Vertical Integration?

. What is vertical integration? – Vertical integration refers to the consolidation of two businesses that are at different levels in the production process, and it is a way to increase or decrease the company’s level of control over its input and output distribution i.e. the degree to which a firm controls its distribution of inputs, products, or services, Such

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