Supply chain management is a systematic process and an approach to manage and control the supply of material and parts from raw material suppliers, to the producers of finished goods and ultimately delivering to the end consumers. Supply chain management has severely affected the manufacturing businesses in multiple ways from availability of raw material, costs of goods manufactured, infrastructure of the company and communication between suppliers and customers.
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The oil and gas industry is involved in a global supply-chain that includes domestic and international transportation, ordering and inventory visibility and control, materials handling, import/export facilitation and information technology. Thus, the industry offers a classic model for implementing supply-chain management techniques. In a supply-chain, a company is linked to its upstream suppliers and downstream distributors as materials, information, and capital flow through the supply-chain.
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Now a days goods flow has been tremendously increased, even though the amount of goods remains at the steady state. Increased variety of goods, the just-in-time delivery system, low load rate, specialization and centralization of production systems, globalization of marketing and seasonal variations are among the main challenges of logistics system which may lead to the necessity of developing effective logistics in the sector. Effective logistics and technologies are a critical success factors for both manufacturers and retailers . Effective logistics requires delivering the right product, in the right quantity, in the right condition, to the right place, at the right time, for the right cost and it has a positive impact on the success of the partners in the supply chain.
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The FMCG Industry is on a high growth in our country. Supply chain management practice is important for FMCG industries because customers will choose the company that meets their demand first. It is also important to get competitive advantages in global market. Industries increasingly find that they must rely on effective supply chains, or networks, to compete in the global scenario and are now realizing that customer driven supply chain configuration is a must in achieving growth.
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In terms of advances in technology and globalization of markets, organizations have had to improve their internal processes just to stay competitive. However, as a result of these changes, organizations are realising that these internal improvements were not enough. Where once information technologies allowed businesses to reengineer and streamline their internal business processes - streamlining the global supply chain will require the internal information systems extended beyond a firm's enterprise and include electronic connections between each of the global supply chain partners. An in-depth case study is used to illustrate a broad view of an entire supply chain to reveal full product and component life cycle that not only reveals opportunities for cost reduction but also stimulates revenue growth. It makes the point that organizations must get more involved in the management of their supply chain network of all upstream firms that provide inputs as well as the network of all downstream firms that provide outputs of the product to the final customer.
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Steel industry is a backbone of all manufacturing industries for economic growth and development for the country. The Industrial Revolution created a demand for various metal parts used in machinery. This led to the development of several machine tools for cutting metal parts,building, installing and construction. Manufacturing industry, in developing countries are trying to access the different market segment of the world starting from their domestic market to the complex and dynamic international market through supply chain. The strategic supply chain is need of the hour for integrating suppliers to customer with efficient operations and overall performances of the firm.
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India is booming with Infrastructure projects in the recent years, due to boom in real estate and the necessity to develop good infrastructure. There are Airports, Metros, express ways, flyovers which are being constructed, rebuild to cater to this demand. In any project, Materials constitute one of the major costs and hence is a vital element for success of the project, whether it is commodity like steel, cement, building materials, vertical transportation systems, HVAC, etc. When we talk of materials, Supply Chain Management (SCM) plays a key role in entire project, as without it, it is difficult to manage site requirements.
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The Textile Industry is characterized by a complex production network which spans many businesses and usually crosses International boundaries. It has become an essential commodity in day to day life like food and water. The varieties of production in Textile field has spread in all areas right from apparel to Industrial fabrics, protective Textiles, Composite Textiles, Medical textiles, Automotives, Aerospace and in so many other areas. Now- a -days the product range are not within the periphery of one area but reached at nook and corner all over the world.
Flow of information between business partners, producers to distributors and retailers, the inventory optimization, demand-supply is to be perfect through proper supply chain management.
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Healthcare Supply Chain Logistics is series of processes, workforce involved across different teams and movement of medicines, surgical equipment, and other products as needed by healthcare professionals to do their job. The aim of Supply Chain in Healthcare is to find the vulnerabilities among departments and propose measures to reduce them. It aims to identify weak areas to achieve targeted health outcome and increases investments in global health. The advantages of efficient Supply Chain in Healthcare is improved processes, efficient utilization of resources, satisfied employees, effective treatment and happy Patients
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Supply chain consolidation across many different types of operations – upstream and downstream, conventional and renewable – is likely. As energy companies seize opportunities to diversify, they are recognizing the benefits to be gained from looking across their operations. The planning and implementation you need for large-scale wind and solar projects are similar to those required for upstream oil and gas. Downstream, logistics can play an important role, with the development of new go-to-market models and final-mile delivery solutions that provide a better customer experience.
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