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Showing posts from August, 2021

PURCHASING AND SOURCING MANAGEMENT

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PURCHASING AND SOURCING MANAGEMENT Supply Chain Management in Apparel Industry: A supply chain is actually a complex and dynamic supply and demand network. Main purpose of supply chain is to satisfy customer needs and generate business profits. Supply chain management is the integration of key business processes from end user to original suppliers that provides products, services, and information that add value for customers and other stakeholders.  In apparel supply chain every organization starting from initial raw materials supplier to apparel manufacturer to customer to consumer purchasing apparel products for final consumption. The apparel industry stands out as one of the most globalized industries in the world and it is a supply driven commodity chain led by a combination of retailers, contractors, subcontractors, buyers,  Manufacturer, merchandisers, and suppliers; each plays an important role in a network of supp...

LOGISTICS MANAGEMENT CONCEPT

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  LOGISTICS MANAGEMENT CONCEPT Logistics Management Logistics management is a supply chain management component that is used to meet customer demands through the planning, control and implementation of the effective movement and storage of related information, goods and services from origin to destination. Logistics management helps companies reduce expenses and enhance customer service. The logistics management process begins with raw material accumulation to the final stage of delivering goods to the destination. By adhering to customer needs and industry standards, logistics management facilitates process strategy, planning and implementation. Logistics management involves numerous elements, including: ™        Selecting appropriate vendors with the ability to provide transportation facilities ™        Choosing the most effective routes for transportation ™        Discovering the most comp...