OPERATIONS MANAGEMENT IMPORTANCE OF INFORMATION TECHNOLOGY (IT) IN SUPPLY CHAIN MANAGEMENT: The combination…
Tag: inventory management
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SUPPLY CHAIN MANAGEMENT- Meaning of Supply Chain
OPERATIONS MANAGEMENT Supply Chain Management is defined as the systematic, strategic coordination of…
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MATERIALS MANAGEMENT- Material Resource Planning
OPERATIONS MANAGEMENT MATERIAL RESOURCE PLANNING (MRP): MRP is a systematic planning and control…
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MATERIALS MANAGEMENT- Purchasing procedure
OPERATIONS MANAGEMENT PURCHASING PROCEDURE Purchasing is the first phase of materials management. Procurement is…
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MATERIALS MANAGEMENT- Economic order quantity & ABC Analysis
OPERATIONS MANAGEMENT ECONOMIC ORDER QUANTITY MODEL The inventory problems in which demand is assume…
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MATERIAL MANAGEMENT- Inventory Management
OPERATIONS MANAGEMENT INTRODUCTION TO INVENTORY MANAGEMENT: Inventory is defined as a stock in hand…