Tag: COMPENSATIONAL MANAGEMENT

QR is a management concept created to increase consumer satisfaction and survive increasing competition from new competitors. It intends to shorten the lead time from …

Fourth Party Logistic Model (4PL) The manufacturer does not only outsource the organisation of its logistic tasks to third parties, but also the management thereof. …

Nowadays everybody talks about communication. HR talks about communication with employees, Sales talks about communication with customers, Marketing talks about communication with potential customers, but …

Packaging The packaging industry is evolving. We now know that packaging no longer refers to a box or a carton, but rather to a coordinated …

New technology is continuously emerging all around us, particularly in the world of the consumer market. Companies are seeing massive advertising space in social media like …

Basic logistical service is measured in terms of: (1) Availability (2) Operational Performance (3) Service Reliability (1) Availability Availability means having inventory to consistently meet …

Channel objectives should be stated in terms of the desired service level of target customers. Usually, a company can identify several segments wanting different levels of channel service. …

Many companies buy product packaging from suppliers overseas. There are many benefits to doing so, but there also are risks, notes Adam Brosch, director of …

Selling and Marketing is no longer the same what it used to be few decades ago. Traditional methods of sales and promotions have long been …

Demand volatility is a reality in many industries, from Discrete Manufacturing to Process and Defense industries. Not only are retailers serving end consumers facing volatile …