Month: March 2022

Enhanced customer service. Provision of competitive edge over competition. Reduction of working capital. Increased inventory turns. Acceleration of cash to cash cycle

Generally, there are seven principles of logistics. 1. Responsiveness- This is by providing the right support when it‘s needed and where it‘s needed. It is the ability to react to changing requirements and respond to meet the needs. Responsiveness is Read More …

UNIVERSITY EXAMINATIONS COLLEGE OF TECHNOLOGY ORDINARY EXAMINATION FOR DIPLOMA IN INFORMATION TECHNOLOGY/ DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY DCU 300: ENTREPRENEURSHIP DATE: DECEMBER 2021 TIME: 2 HOURS INSTRUCTIONS: Answer Question one & any two questions in section B SECTION A: QUESTION Read More …

To manage stock levels, delivery times, lines and as well as transport costs. To coordinate and control the order cycle i.e. between need arise and making of delivery. To evaluate performance and quality. To plan for improvement. To allocate and Read More …

1. Extended lead time of suppliers In an internationally organised business, most products produced in a particular factory will be sold in a number of different countries. In order to manage the interface between production and sales teams in each Read More …

Transportation cost rose rapidly due to increase in fuel prices. Production efficiency was reaching a peak. Fundamental change in inventory philosophy. Product line is increased. Computer technology. Increased public concern of product of several new large retail chains or large Read More …