A Guide to Supply Chain Management
Supply Chain Management and its Types: Supply Chain Management (SCM) entails the management and coordination of product movement from the acquisition of raw materials to its delivery to the...
What is ASRS Warehouse?
What is an Automated Storage and Retrieval System? An Automated Storage and Retrieval System (ASRS) is a storage retrieval system that automates the placement and retrieval of inventory using...
What are the Types of Freight?
What is Freight? Freight transportation involves moving goods via air freight, sea freight, road freight, or rail freight, depending on distance, cost, and urgency. During the past, the term...
What are FCL Containers?
What is a FCL Container? Full Container Load (FCL) shipping enables a single shipper to exclusively utilize an entire FCL container for transporting their goods. A FCL container starts...
What is Manufacturing Lead Time?
What is Manufacturing Lead Time? Manufacturing Lead Time, also known as lead time in manufacturing, is the total time required to produce a product and deliver it to the...
A Guide to Inventory Turnover Ratio
What is Inventory Turnover? Inventory Turnover, often referred to as the Inventory Turnover Ratio, represents how well a company manages inventory by balancing units sold and on hand. Efficient...
