THOUGHT FOR THE DAY

Communication

“Good communication is as stimulating as black coffee, and just as hard to sleep after.” - Anne Morrow Lindbergh

TOPIC OF THE DAY

Role of Logistics and Supply Chain Management in Organized Retail

Indian industries due to globalization facing lot of competition, in order to protect the business interest, every industry is trying to improve their process it could make the cheaper product with better quality. For that purpose industries are trying to redefine, reorganize and reengineering their traditional processes. More emphasis is given on the effectiveness of the whole supply chain rather than single function of the supply chain. Supply chain management is complex process of different function; involves so many issues at different levels. And many organized retail stores adopted six sigma concepts to reduce the cost, defect, cycle time reduction and to increase the customer relationship management, market growth share, productivity and product and service management.

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