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Supply Chain
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers, while supply chain management deals with the flow of goods in distribution channels within the supply chain in the most efficient manner. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. The phrase "supply chain" may have been first published in a 1905 article in ''The Independent (New York City), The Independent'' which briefly mentions the difficulty of "keeping a supply chain with India unbroken" during the British expedition to Tibet. Overview A typical supply chain can be divided into two stages namely, produ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply Chain Management
In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished products and delivered to their end customers. A more narrow definition of supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally". This can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end to end order fulfilment from the point of origin to the point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. SCM is the br ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply And Demand-stacked4
Supply or supplies may refer to: *The amount of a resource that is available **Supply (economics), the amount of a product which is available to customers **Materiel, the goods and equipment for a military unit to fulfill its mission *Supply, as in confidence and supply, the provision of funds for government expenditure Places *Supply, North Carolina, an unincorporated community *Supply, Virginia, an unincorporated community People with the name *Supply Belcher Supply Belcher (March 29, 1751 – June 9, 1836) was an American composer, singer, and compiler of tune books. He was one of the so-called Yankee tunesmiths or First New England School, a group of mostly self-taught composers who created sacred ... (1751–1836), early American composer of the First New England School Ships * ''Supply''-class fast combat support ship * ''Supply''-class replenishment oiler * HMS ''Supply'', eight ships of the Royal Navy of the United Kingdom * HMAS ''Supply'', two ships of the Roy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Ethics
Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. These ethics originate from individuals, organizational statements or the legal system. These norms, values, ethical, and unethical practices are the principles that guide a business. Business ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization. Business ethics have two dimensions, normative business ethics or descriptive business ethics. As a corporate practice and a career specialization, the field is primarily normative. Academics attempting to understand business behavior employ descriptive methods. The range and quantity of business et ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Candy
Candy, alternatively called sweets or lollies, is a Confectionery, confection that features sugar as a principal ingredient. The category, also called ''sugar confectionery'', encompasses any sweet confection, including chocolate, chewing gum, and sugar candy. Vegetables, fruit, or Nut (fruit), nuts which have been glaze (cooking technique), glazed and coated with sugar are said to be ''Candied fruit, candied''. Physically, candy is characterized by the use of a significant amount of sugar or sugar substitutes. Unlike a cake or loaf of bread that would be shared among many people, candies are usually made in smaller pieces. However, the definition of candy also depends upon how people treat the food. Unlike sweet pastries served for a dessert course at the end of a meal, candies are normally eaten casually, often with the fingers, as a snack between meals. Each culture has its own ideas of what constitutes candy rather than dessert. The same food may be a candy in one culture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Journal Of Business Logistics
The ''Journal of Business Logistics'' is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of thCouncil of Supply Chain Management Professionals (CSCMP) covering research and best practices in logistics and supply chain management. In October 2020, Robert 'Glenn' Richey, Jr. and Beth Davis-Sramek, both of Auburn University's Harbert College of Business, were appointed as the incoming editors-in-chief, taking over from Thomas J. Goldsby and Walter Zinn, of The University of Tennessee-Knoxville and The Ohio State University Fischer College of Business, respectively. Some notable writers include Dean Matthew Waller of the University of Arkansas Sam M. Walton College of Business, Stanley E. Fawcett, and John T. Mentzer. According to the ''Journal Citation Reports'', its 2020 impact factor is 6.677 and its 5-year impact factor is 7.362, ranking it 48th out of 226 journals in the category "Management". Notable articles Highly cited and influential articles in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elevator
An elevator (American English) or lift (Commonwealth English) is a machine that vertically transports people or freight between levels. They are typically powered by electric motors that drive traction cables and counterweight systems such as a hoist, although some pump hydraulic fluid to raise a cylindrical piston like a jack. Elevators are used in agriculture and manufacturing to lift materials. There are various types, like chain and bucket elevators, grain augers, and hay elevators. Modern buildings often have elevators to ensure accessibility, especially where ramps aren't feasible. High-speed elevators are common in skyscrapers. Some elevators can even move horizontally. History Pre-industrial era The earliest known reference to an elevator is in the works of the Roman architect Vitruvius, who reported that Archimedes ( – ) built his first elevator probably in 236 BC. Sources from later periods mention elevators as cabs on a hemp rope, powered by people o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Justice (United Kingdom)
The Ministry of Justice (MoJ) is a ministerial department of the Government of the United Kingdom. It is headed by the Secretary of State for Justice and Lord Chancellor (a combined position). Its stated priorities are to reduce re-offending and protect the public, to provide access to justice, to increase confidence in the justice system, and to uphold people's civil liberties. The Secretary of State is the minister responsible to Parliament for the judiciary, the court system, prisons, and probation in England and Wales, with some additional UK-wide responsibilities, e.g., the UK Supreme Court and judicial appointments by the Crown. The department is also responsible for areas of constitutional policy not transferred in 2010 to the Deputy Prime Minister, human rights law, and information rights law across the UK. The British Ministry of Justice may also oversee the administration of justice in Jersey, Guernsey, and the Isle of Man (which are Crown Dependencies), as well as S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Markup (business)
Markup (or price spread) is the difference between the selling price of a good or service and its marginal cost. In economics, markups are the most direct way to measure market power: the extent to which a firm can influence the price at which it sells a product or service. Markup is often expressed as a percentage over the cost. A markup is added into the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a profit. The total cost reflects the total amount of both fixed and variable expenses to produce and distribute a product. Markup can be expressed as the fixed amount or as a percentage of the total cost or selling price. Retail markup is commonly calculated as the difference between wholesale price and retail price, as a percentage of wholesale. Other methods are also used. Markdowns refer to the ability of a firm to hold the price it pays for an input below the input's marginal product. Price determina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loyola University Chicago
Loyola University Chicago (Loyola or LUC) is a Private university, private Society of Jesus, Jesuit research university in Chicago, Illinois, United States. Founded in 1870 by the Society of Jesus, Loyola is one of the largest Catholic Church, Catholic universities in the United States. Its namesake is Saint Ignatius of Loyola. Loyola's professional schools include programs in medicine, nursing, and health sciences anchored by the Loyola University Medical Center, and the Loyola University Chicago School of Law. It is Carnegie Classification of Institutions of Higher Education, classified among "R1: Doctoral Universities – Very high research activity". Comprising thirteen colleges and schools, Loyola offers more than 80 undergraduate and 140 graduate/professional programs and enrolls approximately 17,000 students. Loyola has six campuses across the Chicago metropolitan area, as well as a campus in Rome. Another guest program in Beijing was closed in 2018. The flagship Lake Sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Requirement
In engineering, a requirement is a condition that must be satisfied for the output of a work effort to be acceptable. It is an explicit, objective, clear and often quantitative description of a condition to be satisfied by a material, design, product, or service. A specification or spec is a set of requirements that is typically used by developers in the design stage of new product development, product development and by testers in their verification process. With iterative and incremental development such as agile software development, requirements are developed in parallel with design and implementation. With the waterfall model, requirements are completed before design or implementation start. Requirements are used in many engineering fields including engineering design, system engineering, software engineering, enterprise engineering, New product development, product development, and process optimization. Requirement is a relatively broad concept that can describe any nec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon." Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, roll forward prior year working papers, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effectiveness of ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vendor (supply Chain)
In a supply chain, a vendor, supplier, provider or a seller, is an enterprise that contributes goods or services. Generally, a supply chain vendor manufactures inventory/stock items and sells them to the next link in the chain. Today, these terms refer to a supplier of any goods or service. In property sales, the vendor is the name given to the seller of the property. Description A vendor is a supply chain management term that means anyone who provides goods or services of experience to another entity. Vendors may sell B2B ( business-to-business; i.e., to other companies), B2C (business to consumers or direct-to-consumer), or B2G (business to government). Some vendors manufacture inventoriable items and then sell those items to customers, while other vendors offer services or experiences. The term vendor and the term supplier are often used indifferently. The difference is that the vendors ''sells'' the goods or services while the supplier ''provides'' the goods or services. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
