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Supply Chain and Operations Management Glossary (C)
Cabotage: Carriage of goods or people between an origin and destination, both in the same state or country, by a carrier not from that state or country. Many states or countries have laws prohibiting such shipments by foreign carriers,…
Read More »Supply Chain and Operations Management Glossary (B)
B2B: Business to Business. This is a transaction between two businesses. B2C: Business to Consumer. This is a transaction between a business and a consumer. Backhaul: A return trip, carrying goods perhaps at a lower rate, after making the primary delivery….
Read More »Supply Chain and Operations Management Glossary (A)
This glossary was originally compiled in conjunction with a course on Logistics and Supply Chain Management at the University of Chicago. Entries tend to be arranged according to their abbreviation. Thus, Bill-Of-Material is defined under BOM. The reasoning…
Read More »Business Processes Not Streamlined: Business operates in a fiercely competitive climate
In the conference room are meeting: Clifford (CEO), Christian (CFO), Irene (IT Manager), Simon (Sales Manager), and Peter (Production Manager) The Agenda title: Although it varies from company to company, you might want to examine the following: How…
Read More »Business Processes Not Streamlined: Managers and workers don’t have adequate tools and processes to advance the business
In the conference room are meeting: Clifford (CEO), Christian (CFO), Irene (IT Manager), Simon (Sales Manager), and Peter (Production Manager) The Agenda title: Although it varies from company to company, you might want to examine the following: Have…
Read More »Business Processes Not Streamlined: Current processes don’t help to build value in the relationships with partners, customers, employees
In the conference room are meeting: Clifford (CEO), Christian (CFO), Irene (IT Manager), Simon (Sales Manager), and Peter (Production Manager) The Agenda title: Although it varies from company to company, you might want to examine the following: What…
Read More »Business Processes Not Streamlined: Workflows and business processes are not efficient and integrated
In the conference room are meeting: Clifford (CEO), Christian (CFO), Irene (IT Manager), Simon (Sales Manager), and Peter (Production Manager) The Agenda title: Although it varies from company to company, you might want to examine the following: Do…
Read More »Employees, customers, and partners not interconnected: The business does not have the resources to fully adapt the business management system to its specific requirement
In the conference room are meeting: Clifford (CEO), Christian (CFO), Irene (IT Manager), Simon (Sales Manager), Hanna (HR Manager) The Agenda title: Although it varies from company to company, you might want to examine the following: Are you…
Read More »Employees, customers, and partners not interconnected: Connecting partners, customers, employees to business functions is complex and risky
In the conference room are meeting: Clifford (CEO), Christian (CFO), Irene (IT Manager), Simon (Sales Manager), Hanna (HR Manager) The Agenda title: Although it varies from company to company, you might want to examine the following: Can your…
Read More »Employees, customers, and partners not interconnected: Connecting partners, customers, employees to business functions is complex and risky
In the conference room are meeting: Clifford (CEO), Christian (CFO), Irene (IT Manager), Simon (Sales Manager), Hanna (HR Manager) The Agenda title: Although it varies from company to company, you might want to examine the following: Can you…
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