supply chain management

Freight Claims Management

Freight Claims Management: Navigating the World of Logistics

Management studies /

Imagine this: after painstakingly planning a shipment, ensuring everything is packed, labeled, and scheduled, you eagerly await its arrival. But when the goods arrive, you find that some are damaged, lost, or disastrously delayed. Frustrating, isn’t it? That’s where freight claims management steps into the spotlight—an essential yet often overlooked part of the logistics and […]

Freight Claims Management: Navigating the World of Logistics Read More »

Logistics and Supply Chain Management

Automation in Logistics and Supply Chain Management

Management studies /

Right now, as you’re reading this, thousands of robots are quietly working in warehouses across the globe. It’s 2:30 AM somewhere, and these tireless machines are picking, packing, and sorting products that’ll arrive at someone’s doorstep in just a few hours. What might sound like science fiction is actually the reality of modern logistics and

Automation in Logistics and Supply Chain Management Read More »

Supply Chain Capacity Planning

Supply Chain Capacity Planning: A Complete Guide

Management studies /

Picture this: You’re running a lemonade stand on the hottest day of summer. Suddenly, there’s a line of thirty thirsty customers, but you’ve only got enough supplies for ten glasses. Sound familiar? That’s exactly what happens to businesses worldwide when they don’t plan their capacity properly. But here’s the thing – supply chain capacity planning

Supply Chain Capacity Planning: A Complete Guide Read More »

Supply Chain Management

What is Supply Chain Management (SCM)- Knowledgedeals

Management studies /

Have you ever wondered how the products you buy make their way from factories to your doorstep? Or how companies manage to keep shelves stocked with your favorite items, even during peak shopping seasons? The answer lies in a fascinating process called supply chain management (SCM). Whether you’re a business owner, a curious consumer, or someone

What is Supply Chain Management (SCM)- Knowledgedeals Read More »

Indirect procurement

Unveiling the Power of Indirect Procurement

Management studies /

In today’s rapidly evolving business landscape, procurement strategies have become pivotal for organizations aiming to accomplish operational excellence and maximize their competitive advantage. While direct procurement deals with the acquisition of goods and services directly related to the core business, indirect procurement plays an equally crucial role in supporting and enabling essential operations. In this

Unveiling the Power of Indirect Procurement Read More »

procurement

what is procurement in Supply chain

Management studies /

Procurement plays a significant role in every business organization, simply procurement can be defined as the process of acquiring goods and services to accomplish business goals and objectives. In this article, we discuss critical areas of procurement such as the meaning of procurement, the importance, procurement process, different types of procurement, procurement stages, and the

what is procurement in Supply chain Read More »