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Business Administration Supply Chain
Business Administration Supply Chain
Business Administration Supply Chain
orders within a supply chain. DRP enables the user to set certain inventory control parameters (like a
safety stock) and calculate the time-phased inventory requirements. This process is also commonly
referred to as distribution requirements planning.
DRP uses several variables:
Churn rate (sometimes called attrition rate), in its broadest sense, is a measure of the number of
individuals or items moving out of a collective group over a specific period of time. It is one of two
primary factors that determine the steady-state level of customers a business will support. The term
is used in many contexts, but is most widely applied in business with respect to a contractual
customer base. For instance, it is an important factor for any business with a subscriber-based
service model, including mobile telephone networks and pay TV operators.
CRM systems that track and measure marketing campaigns over multiple
networks, tracking customer analysis by customer clicks and sales.
Electronic data interchange (EDI) is an electronic communication method that provides standards
for exchanging data via any electronic means.
Errors due to illegible faxes, lost orders or incorrectly taken phone orders are
eliminated, saving your staff valuable time from handling data disputes
The major benefits of EDI are often stated as speed and accuracy:
Using EDI can reduce the order-to-cash cycle time by more than 20%,
improving business partner tra
GRN is means goods receipt notes ,it is generally used in manufacturing industries for
checking of purchased of raw materials .
GRN contains the following details.
1.Ordered quantity .
2.Received Quantity.
Accepted quantity
3.Defective quantity in received quantity .
4.Quality standards details.
Failure modes and effects analysis (FMEA) is a step-by-step approach for identifying all
possible failures in a design, a manufacturing or assembly process, or a product or service.
Failure modes means the ways, or modes, in which something might fail. Failures are any errors or
defects, especially ones that affect the customer, and can be potential or actual.
Effects analysis refers to studying the consequences of those failures.
Kitting
Process in which individually separate but related items are grouped, packaged, and
supplied together as one unit. For example, in ordering a PC online, a customer may
select memory, drives, peripherals, and software from several alternatives. The
supplier then creates a customized kit that is assembled and shipped as one unit.