Our total cycle time (TCT) compression strategy encompasses the whole system in the supply chain from consumer demand to customer satisfaction. TCT has two major components that are essential to meeting customer demand: information flow and material flow. Both are necessities and together make up the total supply chain lead‐time; the information activates the material pipeline. Therefore to o…
It is vital that an enterprise establishes the relative performance of its processes within any market sector. As an enterprise measures and monitors the performance of its competitors’ processes vis‐à‐vis their own, the enterprise can be described as initiating a benchmarking study. This paper describes the knowledge acquisition methodology and the knowledge management methodology adopt…
Logistics is critical to the fulfillment of customer demands. Top management of companies is now more closely involved in logistics decisions and the importance of the consequences of these decisions is growing. It is crucial to support these decisions with relevant financial information. Companies often lack useful tools to generate this financial information. This paper presents a logistics…
Information technology and its wide range of applications have begun to make their presence in a new generation of logistic and distribution service industry. A more flexible breed of application packages is emerging by the application of fourth generation language (4GL) technologies, which are able to provide foundations for true enterprise resource planning (ERP). There are many good reason…