Day: May 23, 2021

OPERATIONS MANAGEMENT   ECONOMICORDER QUANTITY (EOQ) The Economic Order Quantity model solves the “how much” and “when” aspects of ordering inventory. When inventory reaches the zero point, you order just enough to replenish your stock back to its original level. You Read More …

INTERNATIONAL PURCHASING Course introduction Introduction; Commercial consideration leading to international purchasing; procedures involved in international purchasing; customs procedures, Scope of international procurement environment, Stakeholders and their roles, The legal framework, commercial terms, management of currency and instruments Skills in international Read More …

DCM MODULE 3 PROJECT AND CONTACT MANAGEMENT   Topic 1: Introduction to Project Management What Is A Project? A project is a complex of activities where resources are used in expectation of returns. It intends to achieve specific objectives. It Read More …

TOPIC 1 INTRODUCTION TO   SUPPLY MANAGEMENT   SCOPE OF SUPPLY MANAGEMENT   Supply management: This is a process responsible for the development and management of a firm’s total internal and external supply system. The specific activities include: Early purchase involvement Read More …