Blog tagged as supply chain management

Why Porter’s Five Forces is important in Supply Chain Porter's Five Forces of Competitive Position Analysis is a model of pure competition which implies that risk-adjusted rates of return should be constant across firms and industries. Michael Porter developed this in 1979 as a simple framework for ...

A great procurement professional should purchase goods and services with the best possible combination of service, quality, and price. High functioning procurement professionals possess habits that are undeniably great. You probably want to be at the top of your field since you are reading this arti...

 7 Principles of Supply Chain Management Are you intending to take the CPSM Exam? Do you have an effective grasp on supply chain administration concepts however, do not have time to study books? This short article will certainly detail the key principles in Supply Chain Administration in simply...

Reverse logistics is one area of supply chain management that has been ignored for long. But, not anymore! Manufacturers and retail supply chain management companies have realized its importance for better performance and efficiency. With online shopping become the latest trend among buyers these da...

Analysts say that an organization cannot survive for long if they keep making mistakes and this is very true. In today's global economics a company just cannot remain competitive if it keeps making bad decisions. However, these mistakes are not made on purpose, it is just that most management leader...