Supplier Evaluation and Selection Process in Supply Chain Management
What is Supplier Evaluation and Selection? The supplier evaluation and selection process entail the evaluation of the potential suppliers in terms of quality, reliability and compatibility with the business...
A Guide to Cost Structure in Supply Chain
Understanding Cost Structure A business’s cost structures define how different expenses contribute to total operations. In the supply chain, they influence profitability, decision-making, and supply chain efficiency. Understanding cost...
Distribution Centre
What Is a Distribution Centre? A distribution centre is a facility where products are received, stored, processed, and then shipped to customers or retail stores. It is essential in...
Who are Logistics Service Providers?
What is a Logistics Service Provider? Logistics Service Providers (LSP) manage warehousing, order fulfilment, inventory tracking, shipping, returns processing, and payment management. These logistics services enhance operational flow, reduce...
What is E-Commerce Warehouse?
What is E-commerce Warehousing? An ecommerce warehouse is set up specifically to hold and manage goods sold through ecommerce sites. The process in a warehouse includes getting products, structuring...
What is Event Logistics?
What is Event Logistics? Event logistics is the planning, coordination, and running of the logistical aspects necessary for the success of the event: transport, venue setup and cleaning, equipment,...
