Subscribe
perspectives on innovative supply chain management strategies
Contact Us: tuscma@gmail.com

Monthly archive for September 2012

18.2 Tips on Rounding numbers using Excel Formulas

18.2 Tips on Rounding numbers using Excel Formulas

We can use a variety of formulas to round numbers in Excel depending on the situation. We have ROUND, ROUNDUP, ROUNDDOWN, MROUND, INT, TRUNC, CEILING, FLOOR, FIXED, EVEN, ODD and few more. To know how to use all these formulas and how to round numbers based on any criteria, just read on.   Rounding Formulas in Excel   Before learning

Read more

FOOD SAFETY AND LEAN SIX SIGMA MODEL

FOOD SAFETY AND LEAN SIX SIGMA MODEL

Ying Zhen Food safety is a scientific discipline describing handling, preparation, and storage of food in ways that prevent foodborne illness. This research introduces the application of industrial hygiene (IH) aspects in food safety system and Lean Six Sigma tools in frozen salmon processing. The utilization of Failure Mode Effect Analysis (FMEA) process and the implementation of a Hazard Analysis

Read more

IASSC-International Association for Six Sigma Certification

IASSC-International Association for Six Sigma Certification

The International Association for Six Sigma Certification (IASSC) is a Professional Association dedicated to growing and enhancing the standards within the Lean Six Sigma Community. IASSC is the only independent third-party certification body within the Lean Six Sigma Industry that does not provide training, mentoring and coaching or consulting services. IASSC exclusively facilitates and delivers centralized universal Lean Six Sigma

Read more

Enterprise Asset Management

Enterprise Asset Management

Source: infosys.com In the rapidly evolving and globalizing ecosystem, companies are under tremendous pressure to proactively manage their assets across the extended enterprise to lower costs, enhance productivity and respond to a rapidly changing regulatory environment. In spite of investments in Asset Management solutions, companies are unable to harvest the rich benefits out of the systems and miss lots of

Read more

Bilateral Bargaining vs. Stackelberg

Bilateral Bargaining vs. Stackelberg

Supply Chain Contracting under Manufacturer and Retailer Competition: Bilateral Bargaining vs. Stackelberg Qi Feng, University of Texas at Austin Lauren Xiaoyuan Lu, University of North Carolina at Chapel Hill

Read more

Business intelligence

Business intelligence

The term Business Intelligence – often referred to simply as BI – was originally coined by Gartner Group who in 1996 wrote: By 2000, Information Democracy will emerge in forward-thinking enterprises, with Business Intelligence information and applications available broadly to employees, consultants, customers, suppliers, and the public. The key to thriving in a competitive marketplace is staying ahead of the

Read more

What Is a Nash Equilibrium? (Game theory)

What Is a Nash Equilibrium? (Game theory)

A Nash equilibrium, named after John Nash, is a set of strategies, one for each player, such that no player has incentive to unilaterally change her action. Players are in equilibrium if a change in strategies by any one of them would lead that player to earn less than if she remained with her current strategy. For games in which

Read more

Top 20 Supply Chain Management Software Suppliers

Top 20 Supply Chain Management Software Suppliers

By Bob Trebilcock, The market for supply chain management software applications, maintenance and services, or SCM, came in at $6.2 billion in 2009 including applications for procurement software and $4.2 billion without procurement. That represented a decline of 1.9% from 2008, according to Chad Eschinger, an analyst with Gartner: (203-964-0096). While most businesses would have been proud to only show

Read more

Reverse Auctions: 5 Game-Day Strategies

Reverse Auctions: 5 Game-Day Strategies

Inc staff When you’re facing off in a live reverse auction, the bidding can feel like gambling, with bluffs, calls, and feints. Here’s a sampling of strategies. Rely on incumbency Sometimes a big company’s primary motive is to compel a current supplier to cut prices. If you suspect you’re the target of this kind of pressure, bid your current price

Read more

How to Compete in a Reverse Auction

How to Compete in a Reverse Auction

INC. David Bowman growing number of large companies are forcing suppliers to bid through reverse auctions. Here’s how to survive one with your margins intact. GOING, GOING, GONE! The advent of reverse auctions led Greg Gartner to completely rethink his approach to business. On days when Gartner Studios is trying to lock down a major sale, Greg Gartner turns his employee

Read more
Page 1 of 212